Panera Bread Company (Nasdaq: PNRA) announced that its 2001
Annual Meeting of Stockholders has been scheduled for Tuesday, June 12, 2001 at 9:00 a.m., Central Time, at
Bank of America, 800 Market Street, Atrium Conference Room 1, St. Louis, MO 63101. The record date for the
Annual Meeting has been set as April 16, 2001.