Caribou Coffee Announces Pricing of 5.15M Share Offering By Selling Shareholder At $14.25

Caribou Coffee Company, Inc. CBOU today announced that the underwritten public offering of 5,150,000 shares of its common stock held by its major shareholder, Caribou Holding Company Limited, an affiliate of Arcapita Bank B.S.C., has been priced at $14.25 per share. The selling shareholder has also granted the underwriters an option to purchase up to 772,245 additional shares of common stock to cover over-allotments, if any. As previously announced, the Company will not receive any proceeds from the offering. The offering is expected to close on August 23, 2011, subject to customary closing conditions.