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Carl's Jr. Honors Founders by Awarding $60,000 in Scholarships

Jan 1, 2007

Applications Now Available for 2007 Carl N. and Margaret Karcher Founders' Scholarship Program

CARPINTERIA, Calif., Jan 02, 2007 -- Carl's Jr. (NYSE: CKR) is pleased to announce that applications for the 2007 Carl N. and Margaret Karcher Founders' Scholarship are now available online at www.carlsjr.com/promotions/. The application deadline is Feb. 1, 2007.

As a young married couple in 1941, Carl N. and Margaret Karcher started their company believing that they could earn success through their commitment to faith, service and hard work. More than 65 years later, Carl's Jr. is proud to continue their commitment to the community by offering 60 hard-working high school students a $1,000 scholarship to the two- or four-year college or vocational school of their choice.

Sixty scholarships in the amount of $1,000 each will be awarded to deserving students to help support continuing education. Winners will be selected based on their academic record, school and community leadership and participation, work experience and future goals. Financial need and other family circumstances will also be considered.

Applicants for the Carl N. and Margaret Karcher Founders' Scholarship must be students who are high school seniors or graduates, up to 21 years of age. Eligible applicants must be planning to enroll for the first time in a full-time undergraduate course of study at an accredited two- or four-year college, university or vocational school. Applicants must be a resident of the states in which Carl's Jr. operates restaurants: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, or Washington state.

For the past eight years, Carl's Jr. has rewarded academic excellence in its local communities through ongoing scholarship award commitments. Carl's Jr. has granted $264,000 in scholarships since the inception of its program in 1999. Last year, more than 5,000 applications were received from candidates nationwide. More information about the Carl N. and Margaret Karcher Founders' Scholarship application process and a downloadable application are available only at the Carl's Jr. Web site: www.carlsjr.com/promotions/.

The Carl N. and Margaret Karcher Founders' Scholarship is administered by Scholarship America, a national nonprofit educational support and student aid service organization. Employees, affiliates and franchisees of Carl Karcher Enterprises, Inc., Scholarship America, affiliated agencies, and their immediate families are not eligible to receive a scholarship pursuant to this program.

This year, Carl's Jr. celebrates 65 years in the quick-service industry. What began as a lone hot dog cart in Los Angeles, Calif. in 1941 is today an international organization that employs nearly 30,000 people worldwide. Carl's Jr. is a wholly owned subsidiary of CKE Restaurants, Inc. (NYSE: CKR) of Carpinteria, Calif. As of the third fiscal quarter ended Nov. 6, 2006, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,113 franchised or company-owned restaurants in 43 states and in 14 countries, including 1,079 Carl's Jr. restaurants, 1,923 Hardee's® restaurants and 95 La Salsa Fresh Mexican Grill® restaurants. For more information, or to find a Carl's Jr. near you, go to www.ckr.com or www.carlsjr.com.