Green Mountain Coffee Roasters, Inc. Completes Acquisition of Tully`s Brand and Wholesale Business

WATERBURY, Vt.--(Business Wire)--
Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) announced today that it has
completed the acquisition of the Tully`s Coffee® brand and wholesale coffee
business from Tully`s Coffee Corporation for the purchase price of $40.3
million.

Initially announced on September 15, 2008, the transaction was completed after
receiving the required shareholders` vote and satisfaction of the required
closing conditions, as set forth in the Asset Purchase Agreement previously
filed with the Securities and Exchange Commission. The Company financed this
purchase through its existing $225 million senior revolving credit facility.

"This acquisition hits at the intersection of our goals -- to bring an
outstanding specialty coffee brand into our family of brands and to expand
GMCR`s West Coast presence," said Larry Blanford, President and Chief Executive
Officer of GMCR. "The acquisition strengthens our leadership in specialty coffee
and will support our plans to establish our proprietary Keurig Single-Cup
Brewing system as the preferred way to enjoy coffee throughout North America."

Tully`s retail locations will continue to operate under license and supply
agreements with GMCR. The retail and international business will remain an
independent company, operating under the name of TC Global, Inc., owned by its
existing shareholders, and managed by its existing management team.

As previously disclosed, the Company anticipates that this transaction will be
neutral to slightly accretive to its earnings per share for the first twelve
months of its ownership, and accretive thereafter.

About Green Mountain Coffee Roasters, Inc. (GMCR)

As a leader in the specialty coffee industry, Green Mountain Coffee Roasters,
Inc. (NASDAQ: GMCR) is recognized for its award-winning coffees, innovative
brewing technology, and socially responsible business practices. GMCR`s
operations are managed through two business units. The Specialty Coffee business
unit produces coffee, tea and hot cocoa from its family of brands, including
Tully`s Coffee®, Green Mountain Coffee® and Newman`s Own® Organics coffee. The
Keurig business unit is a pioneer and leading manufacturer of gourmet single-cup
brewing systems. K-Cup® portion packs for Keurig® Single-Cup Brewers are
produced by a variety of licensed roasters, including Green Mountain Coffee and
Tully`s Coffee. GMCR supports local and global communities by offsetting 100% of
its direct greenhouse gas emissions, investing in Fair Trade Certified coffee,
and donating at least five percent of its pre-tax profits to social and
environmental projects. Visit www.GreenMountainCoffee.com and www.Keurig.com for
more information.

Forward-Looking Statements

Certain statements contained herein are not based on historical fact and are
"forward-looking statements" within the meaning of the applicable securities
laws and regulations. Owing to the uncertainties inherent in forward-looking
statements, actual results could differ materially. Factors that could cause
actual results to differ materially from those in the forward-looking statements
include, but are not limited to, the impact on sales and profitability of
consumer sentiment in this difficult economic environment, the Company`s success
in efficiently expanding operations and capacity to meet growth, the Company`s
success in efficiently and effectively integrating Tully`s wholesale operations
and capacity into its Specialty Coffee business unit, the ability of our lenders
to honor their commitments under our credit facility, competition and other
business conditions in the coffee industry and food industry in general,
fluctuations in availability and cost of high-quality green coffee, any other
increases in costs including fuel, the unknown impact of management changes,
Keurig`s ability to continue to grow and build profits with its roaster partners
in the office and at home markets, the impact of the loss of one or more major
customers for Green Mountain Coffee or reduction in the volume of purchases by
one or more major customers, delays in the timing of adding new locations with
existing customers, Green Mountain Coffee`s level of success in continuing to
attract new customers, sales mix variances, weather and special or unusual
events, as well as other risks described more fully in the Company`s filings
with the SEC. Forward-looking statements reflect management`s analysis as of the
date of this press release. The Company does not undertake to revise these
statements to reflect subsequent developments, other than in its regular,
quarterly earnings releases.

Green Mountain Coffee Roasters, Inc.
Media Contact:
Sandy Yusen, 866-968-2739
Dir. of PR
or
I.R. Contact:
Frances G. Rathke, 802-882-2300
CFO

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