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CARL KARCHER ENTERPRISES ANNOUNCES STOCK REPURCHASE AUTHORIZATION

 ANAHEIM, Calif. May 4 /PRNewswire/ -- Carl Karcher Enterprises Inc. (NASDAQ: CARL) today announced that the board of directors has authorized the repurchase of up to $10 million of the company's common stock from Chairman Carl N. Karcher through the Carl N. and Margaret M. Karcher Trust, on terms and conditions to be negotiated.
 The Karcher trust currently owns 6,160,186 shares, or approximately 34 percent of total shares outstanding.
 "At the prices the company's securities recently have traded, we view the share repurchase as a sound and attractive investment opportunity," said Donald E. Doyle, the newly elected president and chief executive officer. "The repurchase reflects the board's confidence in the long-term prospects for the company. It also will permit the chairman to fulfill certain outstanding financial obligations without the potential of disruption to the trading market for the company's securities," he added.
 Carl Karcher Enterprises Inc. operates Carl's Jr. restaurants, a regional quick-service chain known for its varied menu and healthful, premium quality products. Founded in 1941, the company, its franchisees and licensees operate more than 640 restaurants in California, Nevada, Oregon, Arizona, Japan, Malaysia and Mexico. The company has approximately 14,000 employees.
 -0- 5/4/93
 /CONTACT: Loren Pannier, CFO of Carl Karcher Enterprises, 714-778-7109; or Cecilia Wilkinson of Pondel Parsons & Wilkinson, 310-207-9300, for Carl Karcher Enterprises/
 (CARL)


CO: Carl Karcher Enterprises Inc. ST: California IN: LEI SU:

BP-JL -- LA043 -- 4532 05/04/93 16:49 EDT
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Publication:PR Newswire
Date:May 4, 1993
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