Green Mountain Coffee Reports Strong Growth

Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) today announced that net sales were up 52% for the quarter ended December 29, 2007.

Net sales reached $126.4 million as compared to $83.3 million reported in the quarter a year ago. The company says the growth was driven by increased shipments. It said approximately 322,000 Keurig brewers were shipped, up 166% from the 121,000 Keurig brewers shipped a year ago, and the Green Mountain Coffee segment shipped over 130 million K-Cups, which was 60% more than the year-ago quarter.

Net income for the quarter, which represents Q108 for the company was $2.9 million or $0.12 per diluted share, up 20% from $2.4 million or $0.10 per diluted share in the fiscal first quarter of 2007.

Lawrence J. Blanford, President and CEO, said, "We are off to a very strong start for fiscal year 2008 with our first quarter results. The robust growth rate of Keurig brewer sales during the holiday season of 2007 not only contributed meaningfully to our growth this past quarter, but also has potential for compelling benefits going forward, as we anticipate it will drive continued strong sales of K-Cups to support the increased installed base of brewers in consumers’ homes and away from home. At the same time, our success is built on the foundation of a long-standing commitment to social and environmental responsibility."

About Green Mountain Coffee Roasters, Inc. 

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) sells more than 100 selections, including Fair Trade CertifiedTM and organic coffees under the Green Mountain Coffee Roasters® and Newman’s Own® Organics brands through its wholesale, direct mail, and e-commerce operations. Its wholly-owned subsidiary, Keurig, is a pioneer and leading manufacturer of gourmet single-cup brewing systems. Keurig offers its brewers, and K-Cups® from a variety of roasters, through wholesale, resellers and directly to consumers, while Green Mountain Coffee licenses, manufactures and sells its coffee as well as hot cocoa and tea K-Cups® for use in Keurig brewers. 

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