EXHIBIT 99.3

               [LETTERHEAD OF WORLDWIDE RESTAURANT CONCEPTS, INC.]


FOR IMMEDIATE RELEASE

January 15, 2003

                  WORLDWIDE RESTAURANT CONCEPTS, INC. ANNOUNCES
                TEN-RESTAURANT FRANCHISE AGREEMENT AT SIZZLER USA

SHERMAN OAKS, Calif.--January 15, 2003--Worldwide Restaurant Concepts, Inc.
(NYSE: SZ) today announced that its Sizzler USA division has signed an area
development agreement with T. Dhillon, Inc. that will add ten new
Sizzler(R) restaurants in Northern California over the next five years. T.
Dhillon, Inc. currently operates ten Lyon's Restaurants and will be converting
these to Sizzler(R) restaurants. Two locations are expected to open as
Sizzler(R) restaurants during the Company's current fiscal year.

"Sizzler(R) is an important part of Worldwide Restaurant Concepts' heritage
and its future growth. Our agreement with T. Dhillon, Inc. is the first step in
expanding Sizzler's domestic franchise system," said Charles Boppell, President
and CEO of Worldwide Restaurant Concepts. "We're excited to be joining the
Sizzler(R) family," said Bobby Dhillon, President of T. Dhillon, Inc. "After
considering several concepts, Sizzler(R) was the obvious choice. The
Sizzler(R) brand combines great food and great value, served in a style that
matches today's fast-paced, on-the-go lifestyle."

"We recently completed a revised Uniform Franchise Offering Circular and plan to
actively seek new franchisees for the Sizzler(R) system. T. Dhillon, Inc. is
our first new domestic area developer in over ten years and we hope the first of
many to come," said Ken Cole, President and CEO of Sizzler USA.



Worldwide Restaurant Concepts, Inc.
Page 2 of 2

About Worldwide Restaurant Concepts

Worldwide Restaurant Concepts, Inc., formerly known as Sizzler International,
Inc., operates, franchises or joint ventures 322 Sizzler(R) restaurants
worldwide, 110 KFC(R) restaurants primarily located in Queensland, Australia,
and 17 Pat & Oscar's(SM) restaurants. More information about Worldwide
Restaurant Concepts can be found at www.wrconcepts.com.

Certain statements contained in this document may contain forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Act of 1995. These statements may include but are not
limited to statements regarding: (i) the number of restaurant openings that will
occur under this agreement during the Company's current fiscal year and during
the term of the agreement; and (ii) the signing additional franchise agreements
that will result in the opening of additional restaurants in the United States
and its territories.

Worldwide Restaurant Concepts cautions that these statements are qualified by
important factors that could cause actual results to differ materially from
those reflected in the forward looking statements contained herein. Such factors
include, but are not limited to: (a) the availability of construction and other
resources that may create delays in the conversion of existing restaurants into
Sizzler(R) restaurants; (b) the ability of Sizzler to attract potential new
franchisees; (c) economic conditions, both generally and as they affect the
restaurant industry in particular; and (d) other risks as detailed from time to
time in the Company's SEC reports, including Quarterly Reports on Form 10-Q,
Current Reports on Form 8-K and Annual Reports on Form 10-K.

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