CKE Restaurants completes sale of La Salsa

July 16, 2007

CARPINTERIA, Calif. — CKE Restaurants Inc., owner and operator of the Carl's Jr. and Hardee's restaurant brands, has completed the previously announced sale of its La Salsa Fresh Mexican Grill restaurant chain to Thousand Oaks, Calif.-based Baja Fresh Mexican Grill.

The transaction is not expected to have a material impact on CKE's earnings.