California Pizza Kitchen Announces Financial Results for the Fourth Quarter and Fiscal Year 2009

Highlights for the 14-week fourth quarter of 2009 relative to the 13-week fourth quarter of 2008 were as follows:

Total revenues increased 3.8% to $167.8 million
Full service comparable restaurant sales decreased 5.8%
Net loss of $9.9 million, or negative $0.41 per diluted share, including the effects of the non-cash impairment write-down of 13 full service restaurants and the related tax benefits.
Net income of $4.1 million, or $0.17 per diluted share, excluding the effects of the non-cash impairment write-down of 13 full service restaurants and the related tax benefits (please refer to the reconciliation table).

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