The DQ® System Announces Plans to Develop 24 Locations in Five Caribbean Countries in the Next Five Years

MINNEAPOLIS–(BUSINESS WIRE)–The DQ system announced today that it will open 24 locations
within the next five years in five countries in the Caribbean.

Plans call for the development of DQ Grill & Chill® locations
in Trinidad and Tobago, DQ Grill & Chill and DQ
Treat locations in Jamaica, and DQ Treat locations in St. Lucia,
Grenada and St. Maarten. Currently, there are eight DQ Treat
locations in Trinidad, the first of which opened in 2012.

“The international marketplace continues to be a huge opportunity for
growth for the DQ system,” says John Gainor,
President and CEO of International Dairy Queen, Inc. (IDQ). “We’ll be
introducing our DQ Grill & Chill concept to fans in
Trinidad and expanding the DQ brand in Jamaica. Our presence in
these warm weather countries is a perfect fit for us.”

Royal Treats Ltd. signed the multi-unit, multi-country agreement with
American Dairy Queen Corporation (ADQ) to develop the new locations.
They currently operate eight DQ Treat locations throughout
Trinidad and Tobago and recently introduced the DQ Bakes!®
menu of nine hot-from-the-oven and made-to-order items that include
Hot Desserts à la Mode, Artisan-style Sandwiches and Snack Melts.

With their new agreement, they will introduce DQ Grill & Chill
locations to fans in Trinidad and Jamaica. These new locations will
serve all fan-favorite DQ treats and a full range of food options
including the brand’s signature GrillBurgers™, chicken strip
baskets, chicken sandwiches and a variety of salads, sandwiches and the
full DQ Bakes! menu.

The DQ Treat stores will feature the soft-serve products that
have made the DQ system an icon in the industry, such as the
signature Blizzard® Treat which is served
upside down, soft-serve cones with the signature curl on top, sundaes,
and DQ Frozen Cakes. “We are excited to be expanding this iconic
brand’s footprint,” says John Gillette of the family-owned Royal Treats
Ltd. “Residents and tourists will now have more opportunities to
experience the same exceptional treats and menu items that they have
come to know and expect from the DQ system.”

The DQ system has more than 6,700 locations with more than 2,200
of those units operating outside of the United States. For more
information about the DQ system, visit DQ.com.

International Dairy Queen is a subsidiary of Berkshire Hathaway Inc.
(NYSE: BRK.A and BRK.B) which is led by Warren Buffett, the legendary
investor and CEO of Berkshire.

About IDQ:

International Dairy Queen Inc., (IDQ), based in Minneapolis, Minnesota,
is the parent company of American Dairy Queen Corporation. Throughout
its subsidiaries, IDQ develops, licenses and services a system of more
than 6,700 locations in the United States, Canada and more than 25 other
countries. IDQ is a subsidiary of Berkshire Hathaway Inc. (Berkshire)
which is led by Warren Buffet, the legendary investor and CEO of
Berkshire. For more information visit DairyQueen.com.

Contacts

For International Dairy Queen Inc.
Kimberly Rodriguez,
954-776-1999, ext. 257
Krodriquez@piersongrant.com

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