Business Services Industry

Panda Restaurant Group Commits $500,000 to Hurricane Katrina Relief Efforts; Panda Express, Panda Inn and Hibachi-San Restaurants Support the American Red Cross with 50 Percent of Chicken Egg Roll and Veggie Spring Roll Sales

Business Wire, Sept 9, 2005

WHAT:  Panda Restaurant Group, parent company of Panda Express, Panda
       Inn and Hibachi-San, has collectively pledged $500,000 for
       Hurricane Katrina relief efforts. The company is generating
       these funds through four outreach programs, including a
       restaurant fundraiser through which 50 percent of all Chicken
       Egg Roll and Veggie Spring Roll sales will be donated from
       Sept. 10 through Sept. 16.  The $200,000 target amount that the
       company hopes to raise from this program will be donated to the
       American Red Cross.

       The Panda Express location at the Riverwalk Marketplace in New
       Orleans has been damaged and closed. "The survivors of
       Hurricane Katrina are in our hearts and prayers," said Peggy
       Cherng, CEO and co-chair. "We feel fortunate that our
       associates in the affected areas are reported to be safe, and
       we are determined to do what we can to support everyone who has
       been impacted."

       Additional details about the Chicken Egg Roll and Veggie Spring
       Roll restaurant fundraiser are below. To learn more about the
       other three outreach programs organized by Panda Restaurant
       Group, including associate contributions and the donation of
       meals to evacuees, or to check in on how much has been raised
       so far, visit www.pandarg.com.

WHEN:  The restaurant fundraiser runs Saturday, Sept. 10 through
       Friday, Sept. 16.

WHERE: All Panda Restaurant Group locations are participating in the
       fundraising efforts. To find the address and operating hours of
       the restaurant location nearest you, visit
       www.pandaexpress.com, www.pandainn.com, or www.hibachisan.com.

       --  Panda Express has nearly 750 locations in 36 states.
       --  Hibachi-San has nearly 20 locations throughout Arizona,
           California, Georgia, Minnesota, Maryland, Nevada and
           Oregon.
       --  Panda Inn has five locations in Southern California.

ABOUT  Privately held Panda Restaurant Group is the world's leader in
PANDA: Chinese quick-serve restaurants. In 1999 the company launched
       Panda Cares, a community involvement initiative through which
       more than $1 million has been donated to non-profit
       organizations nationwide. Panda Restaurant Group also held
       companywide fundraisers to support relief efforts in the
       aftermath of the Sept. 11 terrorist attacks in 2001 and the
       tsunami devastation in Southeast Asia in December 2004.
COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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