Company to provide strategic overview and updated fiscal 2010 guidance
MIAMI–(Business Wire)–
Burger King Holdings, Inc., (NYSE:BKC) will present at the Goldman Sachs
Lodging, Gaming, Restaurant & Leisure Conference today at the Goldman Sachs
Conference Center, located at 32 Old Slip, New York, NY beginning at 1:00 p.m.
ET. The presentation will be webcast live via the company’s investor relations
Web site at http://investor.bk.com and at

http://cc.talkpoint.com/gold006/060710a_mg/?entity=9_FS5MR0G.

John W. Chidsey, chairman and chief executive officer, will present the
company’s strategic overview and will discuss the updated fiscal 2010 guidance.
The company maintains its expectations for fiscal 2010 guidance with the
exception of worldwide net restaurant growth and the effect of currency
translation on its results.

Fiscal 2010 net restaurant growth is now expected to be 230 to 250 due to the
brand`s exit from the Israel market, representing 55 restaurants, based on a May
2010 agreement entered into between the company and its Israeli franchisee.
Excluding the closure of these restaurants, the company`s fiscal 2010 net
restaurant growth would have been at the higher end of the previously guided 250
to 300 range. These restaurant closures do not affect the company`s present
plans for growth in Europe and elsewhere in the Middle East and the company
remains wholly committed to growing the brand in these regions.

Given current currency exchange rates, currency translation for the fourth
quarter of fiscal 2010 is now expected to have an unfavorable impact to revenues
resulting in a $0.01 to $0.02 negative effect on diluted earnings per share
(EPS). This compares to the previously provided guidance of a positive currency
translation impact on diluted EPS in the fourth quarter, resulting in a slightly
positive currency translation impact on full fiscal year diluted EPS. As a
result, for the full 2010 fiscal year, the company now expects the effect of
currency translation on diluted EPS to be neutral to slightly negative.

For a complete listing of the guidance and assumptions upon which such guidance
was made refer to the company’s Forms 8-K filed on August 25, 2009, October 29,
2009, February 4, 2010 and April 29, 2010.

Forward-Looking Statements

Certain statements made in this press release that reflect management’s
expectations regarding future events are forward-looking in nature, including
statements regarding the company’s belief and expectations about net restaurant
growth for fiscal 2010 and the impact of the company`s exit from the Israel
market; its belief and expectations regarding the growth of the brand in Europe
and elsewhere in the Middle East; and its belief and expectations regarding
currency translation for the fourth quarter and full year of fiscal 2010,
including the impact of currency translation on diluted earnings per share for
both periods. These forward-looking statements are only predictions based on our
current expectations and projections about future events. Important factors
could cause our actual results to differ materially from those expressed or
implied by these forward-looking statements, including those risk factors set
forth in our annual and quarterly reports filed with the Securities and Exchange
Commission and the following: (i) our ability to successfully implement our
international growth strategy and risks related to our international operations;
and (ii) risks arising from the significant and rapid fluctuations in currency
exchange markets.

Although we believe the expectations reflected in the forward-looking statements
are reasonable, we cannot guarantee future results. Moreover, neither we nor any
other person assumes responsibility for the accuracy or completeness of any of
these forward-looking statements. You should not rely upon forward-looking
statements as predictions of future events. We do not undertake any
responsibility to update any of these forward-looking statements to conform our
prior statements to actual results or revised expectations.

ABOUT BURGER KING HOLDINGS, INC.

The BURGER KING system operates more than 12,100 restaurants in all 50 states
and in 74 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. In 2008,
Fortune magazine ranked Burger King Corp. (BKC) among America’s 1,000 largest
corporations and in 2010, Standard & Poor’s included shares of Burger King
Holdings, Inc. in the S&P MidCap 400 index. BKC was recently recognized by
Interbrand on its top 100 “Best Global Brands” list and Ad Week has named it one
of the top three industry-changing advertisers within the last three decades. To
learn more about Burger King Corp., please visit the company’s Web site at
www.bk.com.

Burger King Holdings, Inc., Miami
BKC Media Relations
Susan Robison, 305-378-7277
mediainquiries@whopper.com
or
BKC Investor Relations
Amy Wagner, 305-378-7696
investor@whopper.com

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