WHO:
Krispy Kreme Doughnuts, Inc. (NYSE: KKD)

WHAT:
Krispy Kreme Tacoma Mall and Puyallup are celebrating democracy by offering free doughnuts to customers who vote this Election Day. Any Pierce, Thurston, or Kitsap county resident of voting age who stops in Krispy Kreme Tacoma Mall or Puyallup and says “I Voted” on Tuesday, Nov. 4, will get a free doughnut of his or her choice!

WHEN:
Tuesday, Nov. 4, 2003, ALL DAY

WHERE:
Krispy Kreme Tacoma Mall
4302 Tacoma Mall Blvd.
Tacoma, Wash. 98409

Krispy Kreme Puyallup
3610 S. Meridian St.
Puyallup, Wash. 98373

NOTES:
Founded in 1937 in Winston-Salem, N.C., Krispy Kreme is a leading branded specialty retailer of premium quality doughnuts, including the Company’s signature Hot Original glazed. Krispy Kreme currently operates more than 320 stores in 42 states, Australia, Canada and the United Kingdom. An estimated 7.5 million Krispy Kreme doughnuts are made every day, and more than 2.7 billion are produced each year. Krispy Kreme can be found on the World Wide Web at www.krispykreme.com.

MEDIA CONTACTS:
Jason Hamilton / Erick Armes
Richmond Public Relations
Office: (206) 682-6979 / Cell: (206) 595-2593
jasonh@richmondpr.com / ericka@richmondpr.com

Information contained in this press release, other than historical information, may be considered forward-looking in nature and is subject to various risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on Krispy Kreme's operating results, performance or financial condition are its dependence on franchisees to execute its store expansion strategy, supply issues, competition and numerous other factors discussed in Krispy Kreme's periodic reports, proxy statement and other information statements filed with the Securities and Exchange Commission.