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O.C. BUSINESS PLUS | ORANGE COUNTY EARNINGS

April 24, 2001

Diedrich Coffee Inc.: The Irvine coffee company said it lost $632,000, or 5 cents a share, for the third fiscal quarter ended March 7, which included asset-impairment and restructuring charges of $780,000. A year ago, the company posted net income of $79,000, or 1 cent a share. Revenue fell 5% to $15.8 million. Diedrich said its wholesale and franchise revenue was lower from the closure of a number of underperforming Gloria Jean's units.

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