The company will report its third quarter 2007 earnings after the market close on Tuesday, October 23. The company will discuss its third quarter results in a call that will be broadcast on the Internet at 8:30am EST Wednesday, October 24.

To access the Web cast, go to http://www.panerabread.com/investor or call (877) 856-1968 and enter passcode 5003104. Access to the call and the release will be archived for one year.

Questions may be directed to Jeff Kip, Senior Vice President, Chief Financial Officer at 314-633-7289