Carrols Restaurant Group, Inc.
May 26, 2016

Carrols Restaurant Group, Inc. Completes the Acquisition of Six Burger King® Restaurants in Michigan

Company to Participate at the Stephens 2016 Spring Investment Conference on June 7, 2016

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Carrols Restaurant Group, Inc. ("Carrols") (Nasdaq:TAST) announced that on May 24, 2016 it completed the acquisition of six BURGER KING® restaurants in the Detroit metropolitan area.

Carrols also announced today that Paul Flanders, Chief Financial Officer, will be participating in a fireside chat discussion at the Stephens 2016 Spring Investment Conference at The Lotte New York Palace Hotel. Carrols' discussion will take place on Tuesday, June 7, 2016 at 1:00 PM ET. Investors and interested parties may listen to a webcast of this discussion by visiting www.carrols.com under the tab "Investor Relations".

About the Company

Carrols is the largest BURGER KING® franchisee in the United States with 722 restaurants as of May 26, 2016 and has operated BURGER KING® restaurants since 1976. For more information on Carrols, please visit the company's website at www.carrols.com.

Investor Relations:
Carrols Restaurant Group, Inc.
800-348-1074 ext. 3333
investorrelations@carrols.com

Source: Carrols Restaurant Group, Inc.

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