Panera Bread Company today
reported that net income for the twelve weeks ended July 14, 2001 rose 70% to $2,354,000 or
$0.16 per diluted share.

Panera Bread Company (Nasdaq: PNRA) announced
an agreement with the Cain Group of Little Rock, Ark., to open 10 Panera Bread bakery-cafes
in Montgomery, Harris and Fort Bend Counties in the Houston, Texas, area.

MICROS Systems, Inc. (Nasdaq: MCRS), a provider of information technology solutions for the hospitality
industry, has signed an agreement with Panera, Inc. to
purchase the MICROS 2400 Point-of-Sale (POS) system as well as the Micros
Manager’s Workstation Plus product suite.

Panera Bread Company
signed an agreement with Edward W. Doherty of Doherty Enterprises in
Allendale, New Jersey to open 20 Panera Bread bakery-cafes in Nassau and Suffolk
counties on Long Island.

Panera Bread Company reports that
system-wide comparable bakery-cafe sales increased 7.9% for the four weeks ended March 24, 2001.

Panera Bread Company announced that its 2001
Annual Meeting of Stockholders has been scheduled.

Panera Bread Company today reported that system-wide comparable bakery-cafe sales have increased 8.5% for the eight weeks ended February 24, 2001.

Panera Bread Company reports net income
for the thirteen weeks ended December 30, 2000, rose significantly.

Panera Bread Company
reports system-wide comparable bakery-cafe sales increased
7.0% for the fourth quarter (5.9% in company-owned bakery-cafes
and 8.2% in franchised bakery-cafes).

Panera Bread Co. has signed a new franchise partnership, to develop a total of 22 new Panera Bread bakery-cafes in Palm Beach and Broward counties, Florida. The first store is scheduled to open by the end of 2001.

Panera Bread made an announcement today contradicting reports that chairman and CEO Ron Shaich owned just 2,141 shares of common stock.

Panera Bread objects to a report that indicates Panera Bread Company chairman and CEO Ron Shaich owns just 2,141 shares of common stock.

Panera Bread Co. announced today agreements with two new franchisees to develop a total of 52 Panera Bread bakery-cafes in 4 states.

Panera Bread Co. plans to issue third quarter results for fiscal year 2000 before the open of market trading on November 6.

Panera Bread Company reports net income in the third quarter ended September 30, 2000 rose 146% to $1,644,000, or $0.12 per diluted share.

Panera Bread Company announced today it has opened two new bakery-cafes in Colorado.

Panera Bread Company announced July 20 agreements with three new franchisees to develop a total of 43 Panera Bread bakery-cafes in 5 states.

Panera Bread Company reported on May 24 net income of $1,515,000 or $.12 per share in the first quarter ended April 15, 2000.