Insider Trades - GIER RANDALL E.

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GIER RANDALL E.: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Pizza Inn Holdings, Inc. Officer NasdaqCM:PZZI (historical quotes, profile, SEC, other insiders)	16-Nov-12	18,700	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
16-Nov-12 9,000 PZZI Purchase at $2.85 per share.
(Cost of $25,650)
15-Nov-12 1,000 PZZI Purchase at $2.89 per share.
(Cost of $2,890)
14-Nov-12 4,100 PZZI Purchase at $2.87 per share.
(Cost of $11,767)
12-Nov-12 4,600 PZZI Purchase at $2.78 per share.
(Cost of $12,788)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
16-Nov-12	9,000	PZZI	Purchase at $2.85 per share. (Cost of $25,650)
15-Nov-12	1,000	PZZI	Purchase at $2.89 per share. (Cost of $2,890)
14-Nov-12	4,100	PZZI	Purchase at $2.87 per share. (Cost of $11,767)
12-Nov-12	4,600	PZZI	Purchase at $2.78 per share. (Cost of $12,788)