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Chipotle intends to file a registration statement

May 8, 2006

DENVER — Chipotle Mexican Grill Inc. announced that it intends to file a registration statement with the Securities and Exchange Commission for a proposed public offering of 4,824,630 shares of the company's class A common stock by current stockholders.
 
According to a news release, the selling stockholders include McDonald's Ventures LLC, which intends to sell 4,100,000 shares in the offering. In addition, McDonald's expects to grant the underwriters of the offering an over-allotment option to purchase up to 629,299 shares of the company's class A common stock.
 
Chipotle expects to file a registration statement relating to these securities with the Securities and Exchange Commission on or after May 9, 2006, and expects that the offering will be completed in the second quarter of 2006. The company will not receive any proceeds from the offering.

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