Rocky Mountain Chocolate Factory, Inc. (Nasdaq: RMCF ; the "Company") yesterday reported record earnings per share of $.28 for the quarter ended November 30, 2000 compared to $.17 per share for the quarter ended November 30, 1999, an increase of 64.7%. The Company also reported record earnings per share for the nine month period ended November 30, 2000 of $.62 compared to $.33 for the nine month period ended November 30, 1999, an increase of 87.9%. When adjusted for the costs associated with the unsolicited tender offer in fiscal 2000, earnings per share increased 21.7% in the third quarter and 40.9% in the first nine month period of fiscal 2001 versus the comparable periods of the prior fiscal year. Net income increased 27.2% to $554,000 in the third quarter of fiscal 2001 from $436,000 in the third quarter of fiscal 2000. Net income increased 46.7% to $1,278,000 in the first nine months of fiscal 2001 from $871,000 in the comparable period in fiscal 2000. When adjusted for the costs associated with the unsolicited tender offer in fiscal 2000, net income decreased 6.5% in the third quarter, and increased 12.7% in the first nine months of fiscal 2001 versus the comparable periods of the prior fiscal year. Total revenues decreased 10.2% in the third quarter and 8.3% in the first nine months of fiscal 2001 versus the comparable periods of the prior fiscal year.