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To: Bucky Katt who wrote (24477)	6/21/2005 10:21:36 AM
From: Skywatcher	Read Replies (1) \| Respond to of 48462

Krispy Kreme Officers Resign, 1 Retires Tuesday June 21, 10:14 am ET Krispy Kreme Directors' Committee Determines Six Officers Should Be Fired; 5 Resign, 1 Retires WINSTON-SALEM, N.C. (AP) -- Doughnut maker Krispy Kreme Doughnuts Inc. said Tuesday that a special committee of the company's independent directors has decided that six company officers should be fired. Five of the executives have resigned and one has retired. Krispy Kreme shares were recently halted for trading, having closed Monday at $7.67 on the New York Stock Exchange. The company said the six officers include four senior vice presidents and were in the areas of operations, finance, business development, and manufacturing and distribution. Krispy Kreme intends, for the time being, to fill these positions with existing personnel. The company's special committee is continuing its investigation. Krispy Kreme said it is cooperating fully with the U.S. Attorney's Office for the Southern District of New York and the Securities and Exchange Commission in their respective investigations.