Caribou Coffee Company, Inc. To Present at the Eighth Annual ICR XChange

Business Wire, Jan 10, 2006

MINNEAPOLIS -- Caribou Coffee Company, Inc. (Nasdaq:CBOU), the second largest U.S.-based company-owned gourmet coffeehouse operator based on the number of coffeehouses today announced that it will be presenting at the Eighth Annual ICR XChange held at The Ritz Carlton in Naples, Florida on Thursday, January 12 and Friday, January 13, 2006.

Michael Coles, Chairman, Chief Executive Officer and President and George Mileusnic, Chief Financial Officer will be presenting on Thursday, January 12th at 8:35 am Eastern Standard Time. The presentation will be webcast and can be accessed by clicking on http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker= CBOU&item_id=1173375 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) or at www.cariboucoffee.com in the investor relations section. If you are unable to listen to the live webcast, the presentation will be archived for 90 days at the company website.

About the Company

Caribou Coffee, founded in 1992 and headquartered in Minneapolis, Minnesota, is the second largest company-owned gourmet coffeehouse operator in the United States based on the number of coffeehouses. As of October 2, 2005, Caribou Coffee had 348 coffeehouses, including four licensed locations and four joint venture locations. Caribou Coffee's coffeehouses are located in 14 states and the District of Columbia. Caribou Coffee offers its customers high-quality gourmet coffee and espresso-based beverages, as well as specialty teas, baked goods, whole bean coffee, branded merchandise and related products. In addition, Caribou Coffee sells products to grocery stores and mass merchandisers, office coffee providers, airlines, hotels, sports and entertainment venues, college campuses and other commercial customers. Caribou Coffee focuses on creating a unique experience for customers through a combination of high-quality products, a comfortable and welcoming coffeehouse environment and customer service.

Forward Looking Statements

Certain statements made by or on behalf of Caribou Coffee during the presentation are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's current expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: fluctuations in quarterly and annual results, incurrence of net losses, adverse effects of management focusing on implementation of a growth strategy, failure to develop and maintain the Caribou Coffee brand and other factors disclosed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.