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Chipotle Mexican Grill Chief Executive Officer and Chairman Steve Ells sold 50,000 shares of common stock under a<br />

prearranged trading plan for $90–$91.26 per share on August 2. (Associated Press 8/3/07)<br />

Chipotle Mexican Grill boosted third-quarter revenue nearly 36% over the third quarter of 2006. The increase in revenue<br />

comes from high customer traffic and the addition of 28 more branches than in the same quarter last year. (Nation’s<br />

Restaurant News 10/31/07)<br />

Chipotle Mexican Grill Inc. says it will no longer serve cheese produced by cows treated with the growth hormone rBGH. The<br />

switch to rGBH-free cheese will be complete by the end of the year. (Cnn.com 11/05/07)<br />

Chipotle Mexican Grill chairman and CEO Steven Ells disclosed a number of insider sells in November that totaled 200,000<br />

shares. (Streetinsider.com 11/13/07)<br />

Chipotle Mexican Grill has introduced naturally raised chicken to all of its 28 Arizona restaurants, and naturally raised chicken<br />

and beef to its seven Nevada restaurants. In addition to serving naturally raised pork in all its restaurants, the chain now<br />

serves naturally raised chicken in more than 80% of its stores, and nearly half its restaurants serve naturally raised beef.<br />

(Yahoo! Finance 11/26/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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