New VP served as Krispy Kreme’s legal counsel for 20 years

Bonuses and raise a result of significant rise in 2001 profits

Move first major step to Krispy Kreme development in Latin America

Krispy Kreme announced the company’s fourth-quarter sales results, confirmed guidance for fiscal years 2002 and 2003, and announced a restructuring of its mix facility financing.

Krispy Kreme Doughnuts, Inc. reported August 24 financial results for the three months ended July 30, 2000, the company’s second quarter of fiscal 2001.

Buy a dozen fresh Krispy Kreme doughnuts, and if a Krispy Kreme Doughnut store is opening anywhere in Northern California that day, 25 cents will go to a local nonprofit organization.