Trian Partners in buy of Wendy's/Arby's shares

December 7, 2008

NEW YORK — Once the results are verified, Trian Partners will own approximately 21.6 percent of Wendy's/Arby's Group after purchasing approximately 49.4 million shares of Wendy's/Arby's Class A common stock at $4.15 per share.

Trian Partners hadofferedto purchase up to 40 million shares. Approximately 219.2 million shares of Class A common stock were tendered and not withdrawn.