Panda Express Launches Fundraising Effort Benefiting Oklahoma Tornado Victims

Company to Match 100 Percent of Proceeds to Support American Red Cross


ROSEMEAD, Calif., May 24, 2013 (GLOBE NEWSWIRE) -- Panda Restaurant Group Inc. (PRG), the world leader in Asian dining experiences, today announced fundraising efforts to assist with disaster relief for those affected by the recent Oklahoma tornado. Panda Restaurant Group, Inc. has committed to raising funds through in-store and corporate donations at all Panda Express, Panda Inn and Hibachi-San locations to help those in need during this unsettling time.

Starting Thursday, May 23, through Friday, June 14, all 1,600 Panda Restaurant Group restaurants across the country will facilitate donation collections through in-store drop-boxes allowing guests to make contributions of any amount. Additionally, Panda Restaurant Group, Inc. will match 100 percent of the proceeds, with all donations benefiting the American Red Cross.

"We are extremely saddened by the aftermath of this disaster. Our thoughts are with those impacted by the tornado, including our guests and employees in Oklahoma and the surrounding region," said Peggy Cherng, co-chairman of PRG. "We are eager to support the relief efforts and assist the American Red Cross in rebuilding and aiding communities that were affected by the tornado."

Panda Restaurant Group Inc. has often fundraised and lent its support to those in need. This support includes close to $1.3 million in donations to the relief efforts since 2011 following the Japan magnitude 9.0 earthquake, Midwest storms and tornadoes, and Hurricane Sandy.

About Panda Restaurant Group

Founded in 1973 with more than 1,600 locations in 42 states, the privately-held Panda Restaurant Group Inc. is the world leader in Asian dining experiences. The successful chain of concepts includes Panda Express, Panda Inn and Hibachi-San. For more information visit www.pandaexpress.com, or become a fan on Facebook.

About the American Red Cross

The American Red Cross prevents and alleviates human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors. Panda partnered with the American Red Cross in 2005 following Hurricane Katrina, in 2008 following the Sichuan Earthquake in China, in 2011 following the Japan Earthquake and Pacific Tsunami, and in 2012 following Hurricane Sandy. For more information about this organization, please go to www.redcross.org.


            

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