CKE Restaurants, Inc. (NYSE: CKR) announced today that it has
amended its senior credit facility effective April 13, 2001. The amendment, among other things, includes an extension
of the waivers of non-compliance with certain of the financial covenants associated with this credit facility through
January 31, 2002.

Other significant points of the amendment are as follows:

• The maturity has been shortened to February 1, 2002.

• Interest rates will increase on July 1, 2001 and October 1, 2001,
depending on certain repayment thresholds. If such thresholds are not
met, it will not constitute an event of default.

• The company must still meet certain minimum EBITDA requirements,
although compliance with all other financial covenants has been waived
through January 31, 2002.

• Capital expenditures are limited to $55 million for the fiscal year
2002 and may not exceed $20 million in any one quarter.

Andrew F. Puzder, CKE’s president and chief executive officer said, “This amendment and waiver is important to our
debt reduction program as we work toward complete refinancing of this credit facility as soon as reasonably
practicable.”

CKE Restaurants, Inc., through its subsidiaries, franchisees and licensees, operates more than 3,700 quick-service
restaurants, including 980 Carl’s Jr. restaurants located in 13 Western states and Mexico; 2,657 Hardee’s restaurants
in 32 states and 11 foreign countries; and 125 Taco Bueno restaurants in Texas and Oklahoma.