<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>exh991.txt
<DESCRIPTION>PRESS RELEASE DATED JUNE 5, 2007
<TEXT>



                                                                   Exhibit 99.1




                                                          For Immediate Release


CONTACT:  Anne A. Tarbell
          (212) 451-3030
          www.triarc.com

                        TRIARC HOLDS 2007 ANNUAL MEETING

New York, NY, June 5, 2007 - Triarc Companies, Inc. (NYSE: TRY; TRY.B) announced
today that at the Company's annual meeting, stockholders elected Triarc's twelve
(12) directors, approved an amendment to the Company's Amended and Restated 2002
Equity  Participation  Plan and re-approved the performance  based provisions of
that plan,  approved an amendment to the Company's 1999 Executive Bonus Plan and
ratified the  appointment of Deloitte & Touche LLP as the Company's  independent
registered public accountants.

     The  following  twelve  directors  were  elected:  Nelson  Peltz,  Triarc's
chairman and chief executive officer; Peter W. May, Triarc's president and chief
operating officer;  Hugh L. Carey,  former governor of the State of New York and
member of Congress,  and currently a partner of Harris Beach LLP;  Clive Chajet,
chairman  of  Chajet  Consultancy,  L.L.C.;  Edward  P.  Garden,  Triarc's  vice
chairman;  Joseph A. Levato, former executive vice president and chief financial
officer of Triarc;  David E. Schwab II, a senior  counsel of Cowan,  Liebowitz &
Latman,  P.C.;  Roland C. Smith,  Chief Executive  Officer of Arby's  Restaurant
Group, Inc., Raymond S. Troubh, a financial consultant and a director of various
public companies;  Gerald Tsai, Jr., a private  investor;  Russell V. Umphenour,
Jr., former chief  executive  officer of the RTM Restaurant  Group;  and Jack G.
Wasserman, attorney-at-law.

     Triarc  is  a  holding  company  and,  through  its  subsidiaries,  is  the
franchisor of the Arby's restaurant system and the owner of approximately 94% of
the  voting  interests,  64% of the  capital  interests  and at least 52% of the
profits  interests in Deerfield & Company LLC  (Deerfield),  an asset management
firm.  The  Arby's  restaurant  system  is  comprised  of  approximately   3,600
restaurants, of which, as of April 1, 2007, 1,061 were owned and operated by our
subsidiaries.  Deerfield,  through its wholly-owned subsidiary Deerfield Capital
Management  LLC, is a  Chicago-based  asset manager  offering a diverse range of
fixed income and  credit-related  strategies  to  institutional  investors  with
approximately $14.2 billion under management as of May 1, 2007.

                                      # # #


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</DOCUMENT>
