Form: 10-K

Annual report pursuant to Section 13 and 15(d)

September 24, 2012


Exhibit 21.1

SUBSIDIARIES OF PIZZA INN HOLDINGS, INC.
 
 
Name of Subsidiary
Jurisdiction of Organization
   
Pizza Inn, Inc.*
Missouri
   (d/b/a Pizza Inn)
 
   
Pie Five Pizza Company, Inc.*
Texas
   (d/b/a Pie Five Pizza Company)
 
   
Pie Five Restaurants, Inc.*
Texas
   
PIBC Holding, Inc.*
Texas
   
Pizza Inn Beverage Corp.*
Texas
   
Pie Five Beverage Corp.*
Texas



*   Does business under its corporate name as well as any referenced assumed name.