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Newsflash1 Burger King Names John Chidsey as CEO; Brian Swette as Non-executive Chairman; Ben Wells as CFO and Treasurer Greg Brenneman Leaves as Chairman and CEO After 8 Consecutive Quarters of Positive Comparable Sales Growth 04/07/2006 Burger King Corporation announced today that John Chidsey, 43, the company’s president and chief financial officer, has been named chief executive officer, effective immediately. The Board also announced that Brian Swette, a current independent director, would serve as non-executive chairman. In addition, Ben Wells, 52, senior vice president and treasurer, has been promoted to chief financial officer and treasurer. Greg Brenneman, Burger King’s former chairman and CEO, is returning to his private equity firm, TurnWorks Inc., to pursue business turnarounds. Brenneman joined Burger King Corporation in August 2004 to lead a very strong senior team that together has accomplished eight consecutive quarters of positive comparable sales growth. Brenneman has agreed to continue to work with the Board of Directors as a consultant in connection with the transition. “I was brought into Burger King by my longtime friends at TPG, Bain Capital and GS Capital Partners to lead the ongoing turnaround of the company,” said Brenneman. “As the company enters this important next phase, the Board and I discussed the commitment necessary for any CEO in a public environment and my career and family goals. As a result, together we decided that the best time to transition leadership was prior to Burger King’s initial public offering. I have tremendous confidence in John Chidsey, senior management, Burger King employees and the franchisees, and I look forward to cheering them on every step of the way as a significant shareholder of the company.” In a statement, the Board of Directors said: “We are extremely pleased with the progress Burger King has made under Greg’s leadership. He told us when he came that he wanted to transition the leadership of the company to John Chidsey at some point. We are confident that now is the right time to set in motion the next phase of the company’s development. John is a highly qualified leader who has served as an integral member of the management team. With experience in managing global and franchise brands, including Avis, Budget, Jackson-Hewitt and PHH, John brings outstanding leadership acumen, including important skills in franchisee relations and the ability to build a global business. We have great confidence in John and the executive team and their ability to lead the company beyond this important phase, and we are confident that the company will execute a smooth transition as the brand continues to move forward. “We have known Greg for a long time, and his vast experience and drive for fast-paced change has been invaluable to the brand. We thank Greg for the progress that has been made and look forward to his continued counsel and friendship.” Chidsey said, “I am excited to take the reins as CEO at such an important time in the company’s history. I have enjoyed working with Greg, and I look forward to continuing to work with the rest of Burger King’s extremely talented management team as we continue to build a company in which employees and franchisees can take pride.” Prior to serving as Burger King’s president and CFO, Chidsey served as president of the Americas and president of North America at the company. Before joining Burger King in March 2004, Chidsey served as chairman and CEO for two corporate divisions at Cendant: the Vehicle Service Division, a $5.9 billion division, which includes Avis Rent A Car and Budget Rent A Car Systems, and the financial services division, a $1.4 billion division that includes Jackson Hewitt and PHH. Previously, Chidsey was the CFO of Pepsi-Cola Eastern Europe and the CFO of PepsiCo World Trading Co. Inc. Chidsey holds an MBA in finance and accounting and a law degree from Emory University in Atlanta, Ga., as well as a bachelor’s administration degree from Davidson College, Davidson, N.C. He is a certified public accountant and a member of the Georgia Bar Association. Wells has more than 25 years of experience in finance. Before joining Burger King Corporation, Wells spent 15 years at Compaq with his last position as vice president and corporate treasurer. Prior to that, he served in various finance roles at British Petroleum. The Board said, “Ben is a seasoned finance leader with an impressive track record.” Swette has served on Burger King’s Board since April 2003. From 1998 to 2002, Swette served as COO of eBay in San Jose, Calif. About Burger King Corporation The BURGER KING® system operates more than 11,100 restaurants in all 50 states and in more than 65 countries and U.S. territories worldwide. Approximately 90 percent of BURGER KING® restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. Burger King Holdings Inc., the parent company, is private and independently owned by an equity sponsor group comprised of Texas Pacific Group, Bain Capital and Goldman Sachs Funds. To learn more about BURGER KING®, please visit the company's Web site at http://www.burgerking.com. Details...

Newsflash 2 There's a New NASCAR King! Burger King Corporation Joins Michael Waltrip Racing Team in 2006 03/17/2006 Burger King Corporation (BKC) announced today it will broaden its involvement in professional sports by entering the NASCAR NEXTEL Cup Series™. Beginning this year, BKC will become a primary sponsor of Michael Waltrip Racing’s (MWR) No. 00 race car driven by Bill Elliott. BKC will help launch MWR in the NEXTEL Cup Series and sponsor five races in 2006, including races at Chicagoland Speedway, July 9, New Hampshire Speedway, July 16, Indianapolis Motor Speedway, Aug. 6, California Speedway, Sept. 3, and Homestead-Miami Speedway, Nov. 9. The company will activate the sponsorship through a specially designed No. 00 paint scheme, in-store activities and driver appearances. “Many BURGER KING® customers are loyal NASCAR fans, and our HAVE IT YOUR WAY® philosophy is all about serving up things our restaurant guests want,” said Russ Klein, chief marketing officer, BKC. “By linking our brand with fan favorites like Michael Waltrip and Bill Elliott, not only do we feel confident that we have entered the sport with proven winners, but we’ll also be showcasing two people who share our desire to give fans the experience they’re looking for at every turn.” The MWR team has won multiple races in the NASCAR Busch Series, and owner Michael Waltrip has won 11 Busch Series and five NEXTEL Cup Series races as a driver, including two Daytona 500s. Waltrip was among the first owners to announce plans to work with Toyota starting in 2007, during its first foray into NASCAR NEXTEL Cup Series racing. “I am thrilled to have the opportunity to work with one of the most recognizable brands in the world,” Waltrip said. “Burger King Corporation understands the power of NASCAR NEXTEL Cup Series racing and its loyal fan base of more than 75 million people.” NASCAR champion Bill Elliott brings an iconic presence behind the wheel of the BURGER KING® No. 00 race car for 2006. Like Waltrip, Elliott is a two-time Daytona 500 winner, and his 44 career wins rank him second in trips to victory lane among active drivers, only following Jeff Gordon. About Burger King Corporation The BURGER KING® system operates more than 11,000 restaurants in all 50 states and in more than 60 countries and territories worldwide. Approximately 90 percent of BURGER KING® restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. Burger King Holdings Inc., the parent company, is private and independently owned by an equity sponsor group comprised of Texas Pacific Group, Bain Capital and Goldman Sachs Capital Partners. To learn more about BURGER KING®, please visit the company's Web site at http://www.burgerking.com. Details...

Newsflash 3 Hello, this is John Chidsey, and today is Friday, Jan. 19. I’d like to update everyone on our progress here in the U.S. with trans fat-free cooking oils. As you know, we want to be certain that any trans fat-free cooking oils we select can deliver the same great taste, texture and quality that our restaurant guests expect from Burger King® products. I’m happy to let you know that, after more than two years of extensive research and consumer testing, we’ve identified several very promising alternative oils and have moved to in-restaurant testing. Throughout this process, we’ve been working closely with RSI and our supplier to ensure that we’ll be able to secure the necessary supply. We’ll announce a national rollout schedule after testing is complete. But as we’ve said before, we’ll meet the New York City Board of Health trans fat-free cooking oil deadline this summer. In other news, we held our quarterly Diversity Action Council (DAC) here in Miami this week. Russ Klein, Chuck Fallon, Pete Smith, Clyde Rucker and I—along with other Burger King leaders—met with DAC members on Thursday. We’ve worked especially hard in the past few months to elevate our diversity action plans, and I’d like to thank all our DAC members for their time, commitment and great ideas.As you know, the BK® Breakfast Value Menu launches in the U.S. on Feb. 19, making BURGER KING® the first in the QSR industry to introduce a national breakfast value menu. Congratulations to Russ, John Schaufelberger and their team for this potential new traffic-driver. I’m also very pleased that Guest Trac, our customer satisfaction measurement, has reached the 50 percent excellence mark for overall visit satisfaction, our best ever in the U.S. since the program kicked off in December 2003. And our OER scores continue to improve month after month—finishing in December at an 81 percent system-wide average. This score is extremely impressive, given that when we began our current evaluation process back in January 2005, our restaurants were averaging 70 percent. That’s an 11 point improvement in less than two years. Congratulations to everyone for these scores, which demonstrate attention to the kinds of details that ensure our guests have great food and a great experience at every BURGER KING® restaurant they visit. And thanks to Jim Hyatt and his Ops team for creating and driving this process. Next week, I’ll be in Germany visiting restaurants and meeting with franchisees, as well as the Burger King team in Munich. I’m looking forward to my time there and hope to see as many of you as I possible. In closing, I’d like to thank each of you for everything that you do every day for BURGER KING®. Let’s keep raising the bar and setting new standards of excellence for our guests. Thanks. Details...