CKE Press Release

August 20, 2012

CKE Restaurants Announces Expiration of Tender Offer

CARPINTERIA, Calif.--(BUSINESS WIRE)--CKE Restaurants, Inc. (“CKE”) today announced that its previously announced tender offer (the “Tender Offer”) for up to $29,875,000 aggregate principal amount of its 11.375% Senior Secured Second Lien Notes due 2018 (the “Notes”) at an offer price of 103% of the principal amount thereof expired August 16, 2012. No notes were tendered. CKE was required to make the Tender Offer under the terms of the Indenture governing the Notes (the “Indenture”) as a result of CKE’s completion of a series of sale leaseback transactions involving certain restaurant properties.

CKE Restaurants, Inc.

CKE Restaurants, Inc. is a privately held company headquartered in Carpinteria, Calif. As of the end of Q1 fiscal 2013, the Company, through its subsidiaries, had a total of 3,263 franchised or company-operated restaurants in 42 states and in 25 countries, including 1,322 Carl's Jr.® restaurants and 1,932 Hardee's® restaurants. For more information about CKE Restaurants, please visit www.ckr.com or its brand sites at www.carlsjr.com and www.hardees.com.

Forward-looking Statements

This press release includes statements relating to the Company’s future plans and developments, financial goals and operating performance that are based on management’s current beliefs and assumptions. These statements constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond the Company’s control, and which may cause results to differ materially from expectations.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We undertake no obligation to publicly update or revise any forward looking statement, whether as a result of new information, future events or otherwise, except as required by law.