Wendy's International (WEN)

Summary Unaudited Financial Information of Equity Investments

For the Company’s Equity Investments as of December 31, 2006, presented below is summary unaudited financial information as of and for the year ended December 31, 2006, the year end of such investments. Summary unaudited information is not presented for prior periods because the Company’s Equity Investments were not significant to the Company’s consolidated total assets or consolidated income from continuing operations before income taxes for such periods. The Company’s Equity Investments are comprised of Encore and the REIT. The summary financial information presented below combines assets, liabilities, revenues and expenses which vary in nature and are taken from balance sheets which do not distinguish between current and long-term assets and liabilities. The summary unaudited information is as follows (in thousands):

Summary Financial Information of Equity Investments

       Presented below is summary income statement information of Encore for the year ended December 31, 2003, Encore's year-end. Summary information is not presented as of and for the years ended January 2, 2005 and January 1, 2006 because the Company's Equity Investments were not significant to the Company's consolidated total assets or consolidated loss from continuing operations before income taxes and minority interests at those dates or for those years. The summary financial information is as follows (in thousands):

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Triarc Companies, Inc. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
January 1, 2006