CARL KARCHER ENTERPRISES INC.

ADDRESS: 1200 N. Harbor Blvd., Anaheim

BUSINESS: Operator of fast-food restaurants in California, Arizona and Nevada.

ASSETS: $268.7 million (at Aug. 10).

NUMBER OF EMPLOYEES: 11,900.

TOP EXECUTIVES

Name Position Carl N. Karcher Chairman, chief executive officer Donald F. Karcher President, chief operating officer Loren C. Pannier Group vice president, finance and administration Raymond J. Perry Vice president, operations Robert W. Wisely Vice president, marketing

cash Name Compensation Carl N. Karcher $436,522 Donald F. Karcher 257,035 Loren C. Pannier 193,666 Raymond J. Perry 151,663 Robert W. Wisely 141,428

Source: Carl Karcher Enterprises proxy report dated April 30.

BOARD OF DIRECTORS

Name Age Carl N. Karcher 70 Donald F. Karcher 59 Daniel W. Holden 52 Margaret M. Karcher 72 Peter Churm 61 Kenneth Olsen 68 Elizabeth A. Sanders 41

*Shares beneficially % of total Name Occupation owned shares Carl N. Karcher Chairman and chief executive of the company **3,320,343 46.8 Donald F. Karcher President, chief operating officer of the company 122,730 1.7 Daniel W. Holden President, Daniel W. Holden, a Professional Corp. 9,656 0.1 Margaret M. Karcher Assistant secretary of the company -- -- Peter Churm Chairman of Fluorcarbon Co. 2,000 -- Kenneth Olsen Vice president and director, Vons Co. 1,250 -- Elizabeth A. Sanders Vice president general manager, Nordstrom Inc. 350 --

Source: Carl Karcher Enterprises proxy report dated April 30. *Totals don’t reflect 3-for-2 stock split paid Aug.7.

**Shares held by Carl N. Karcher as trustee for the benefit of Carl N. Karcher and Margaret M. Karcher.

FINANCIAL RESULTS Fiscal year ends in late January. Earnings and revenue in millions of dollars.

9 months 1988 1987 1986 1985 Revenue $280.7 $317.0 $327.2 $335.2 Earnings (Loss) 11.8 (7.1) 5.0 11.6 Per Share $1.06 (1.00) 0.71 1.64

STOCK DATA

Stock exchanges, symbol NASDAQ, CARL Shares outstanding (Nov. 2) ***11,092,998 52-week high $22.125 52-week low $9 Friday’s closing price per share 411.50 Market value of common stock $127.6 million

*** Reflects 3-for-2 stock split of Aug. 7.