CKE Restaurants, Inc. Partners with Oinke to Streamline Financing for New and Existing Franchisees

SANTA BARBARA, Calif. (June 18, 2002) -- CKE Restaurants, Inc. announced today that its wholly owned subsidiaries, Carl Karcher Enterprises, Inc. and Hardee's Food Systems, Inc, owners and franchisors of Carl's Jr. and Hardee's restaurants, respectively, have partnered with Oinke, LLC to provide a powerful business workflow tool and online access to third-party financing for their new and existing franchisees. According to Craig Hopkins, vice president of franchise sales for Carl's Jr. and Hardee's, prospective franchisees regularly visit www.ckr.com/franchise to investigate a Carl's Jr. or Hardee's franchise. "While on the site, they can utilize the vast resources of Oinke to find the right lender for their particular needs," he explained. "They simply fill out one form and upload all other necessary documents into their secure private VAULT. They can then get proposals from multiple lenders for all types of loans. It's really a timesaver and allows them more time to focus on their efforts to secure a franchise territory."

More than 160 lenders participate in the process, and Oinke's technology offers borrowers a secure, paperless "VAULT" in which to upload and store their financial request information. The VAULT has 24/7 access and allows either franchisee lenders and/or lenders within Oinke's nationwide lender network to view the information and then submit proposals.

Carl's Jr. restaurant franchises are available in major markets West of the Mississippi, with the exception of Southern California. Hardee's franchises are available in the East and Southeast. Carl's Jr. and Hardee's franchises are available to those prospective franchisees who meet certain financial and experience requirements. The companies are looking for prospective franchisees interested in multi-restaurant territories.

For more information about Carl's Jr. and Hardee's franchise opportunities, call 886-253-7655 or visit www.CKR.com

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About CKE:
CKE Restaurants, Inc. is publicly traded on the New York Stock Exchange as CKR. CKE Restaurants, Inc., through its subsidiaries, franchisees and licensees, operates approximately 3,400 quick-service restaurants, including 2,390 Hardee's restaurants in 32 states and 11 foreign countries and 969 Carl's Jr. restaurants located in 12 Western states, Mexico and the Philippines.

About Oinke
Oinke is the premier developer of e-finance workflow collaboration software. Companies are provided with private label Commercial Finance Centers which give their business customers seamless connectively to credit and capital using a faster, more productive and cost effective process. Oinke reduces paper, faxes and costly overnight shipping charges. Oinke captures franchisee applications, credit applications and tenant lease applications, then uses this same data to procure financing from over 160 lenders for business loans, equipment leasing and commercial real estate loans ranging from $500 to $500 million. Oinke has a complete credit tool box of third party reporting firms for business and individuals: Moody's Risk Management Services credit scoring reports, Transunion, Equifax and others. Visit www.oinke.com

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