Industry News | October 12, 2005

Krispy Kreme Statement on Stock Trading Activity

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In view of the unusual market activity in the Company's stock today and the numerous inquiries it has received, Krispy Kreme Doughnuts, Inc. (NYSE: KKD - News) issued the following statement:

"Although as a matter of policy the Company does not comment on unusual market activity or rumors, the Company stated that it is unaware of what has triggered the unusually high trading volume and decline in its stock price today."

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.