Caribou Coffee to Present at the 13th Annual ICR XChange Investor Conference on January 13

Caribou Coffee Company, Inc. (NASDAQ: CBOU), the second largest company-owned gourmet coffeehouse operator in the United States based on the number of coffeehouses, announced today that Michael Tattersfield, President and Chief Executive Officer, and Tim Hennessy, Chief Financial Officer, will be presenting at the 13^th Annual ICR XChange Investor Conference at The St. Regis Monarch Beach Resort & Spa in Dana Point, California.

Caribou Coffee will present on Thursday, January 13, 2011 at 8:00 a.m. Pacific Time. The presentation will be webcast live and archived on the Caribou Coffee website. To access the presentation, please visit www.cariboucoffee.com under the tab "Investors."

ABOUT THE COMPANY

Caribou Coffee Company, Inc., founded in 1992 and headquartered in Minneapolis, Minnesota, is the second largest company-owned premium coffeehouse operator in the United States based on the number of coffeehouses. As of October 3, 2010, Caribou Coffee had 410 company-owned coffeehouses and 126 franchised and licensed locations. Caribou Coffee offers its customers premium coffee and hand crafted espresso-based beverages, as well as specialty teas, baked goods, whole bean coffee, branded merchandise and other coffee lifestyle items. In addition, Caribou Coffee sells products to grocery stores, mass merchandisers, club stores, office coffee and foodservice providers, hotels, entertainment venues and e-commerce channels. In addition, Caribou Coffee licenses third parties to use the Caribou Coffee brand on quality food and merchandise items. Caribou Coffee focuses on delivering a guest experience with a unique blend of expertise, fun and authentic human connection in a comfortable and welcoming coffeehouse environment. For more information, visit the Caribou Coffee web site at www.cariboucoffee.com.