X0306 4 2014-11-05 1 0000949373 EINSTEIN NOAH RESTAURANT GROUP INC BAGL 0001240451 EINHORN DAVID 140 EAST 45TH STREET FLOOR 24 NEW YORK NY 10017 0 0 1 1 See Footnotes (1)-(9) 0001079114 GREENLIGHT CAPITAL INC 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001052968 GREENLIGHT CAPITAL QUALIFIED, L.P. 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001040272 GREENLIGHT CAPITAL LLC 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001015370 GREENLIGHT CAPITAL, L.P. 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001300763 DME Advisors, LP 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001358081 DME Advisors GP, L.L.C. 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001489933 DME Capital Management, LP 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001489932 DME Management GP, LLC 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 0001491193 Greenlight Capital Offshore Partners 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017 0 0 1 0 Common Stock, par value $0.001 per share 2014-11-05 4 U 0 1663830 20.25 D 0 I See Footnote Common Stock, par value $0.001 per share 2014-11-05 4 U 0 300326 20.25 D 0 I See Footnote Common Stock, par value $0.001 per share 2014-11-05 4 U 0 2912455 20.25 D 0 I See Footnote Common Stock, par value $0.001 per share 2014-11-05 4 U 0 750000 20.25 D 0 I See Footnote Common Stock, par value $0.001 per share 2014-11-05 4 U 0 794376 20.25 D 0 I See Footnote Common Stock, par value $0.001 per share 2014-11-05 4 U 0 312482 20.25 D 0 I See Footnote David Einhorn is the senior manager of Greenlight Capital, L.L.C. ("Greenlight LLC"), DME Advisors GP, LLC ("DME GP") and DME Management GP, LLC ("DME Management GP"), and the president of Greenlight Capital, Inc. ("Greenlight Inc."). DME GP is the general partner of DME Advisors, LP ("DME") and DME Capital Management, LP ("DME CM"). One or more of the foregoing entities control the disposition and voting of shares of common stock, par value $0.001 per share (the "Common Stock"), of Einstein Noah Restaurant Group, Inc. ("Einstein Noah"), owned by one or more of the following entities: Greenlight Capital, L.P. ("Greenlight Fund"), Greenlight Capital Qualified, L.P. ("Greenlight Qualified"), Greenlight Capital Offshore Partners ("Greenlight Offshore"), Greenlight Capital (Gold), LP ("Greenlight Gold"), Greenlight Capital Offshore Master (Gold), Ltd. ("Greenlight Gold Offshore") and an account managed by DME (the "Managed Account," and, together with Greenlight Fund, Greenlight Qualified, Greenlight Offshore, Greenlight Gold, Greenlight Gold Offshore, Greenlight LLC, Greenlight Inc., DME GP, DME, DME Management GP and DME CM, the "Greenlight Parties"), in the respective capacities and quantities further described in the footnotes below. Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), Mr. Einhorn and the Greenlight Parties disclaim beneficial ownership of the Common Stock reported herein, except to the extent of their respective pecuniary interests therein. The filing of this Form 4 shall not be construed as an admission that David Einhorn or any of the Greenlight Parties was for the purposes of Section 16(a) of the Act, or otherwise, the beneficial owner of any of the shares of Common Stock owned by Greenlight Fund, Greenlight Qualified, Greenlight Offshore, Greenlight Gold, Greenlight Gold Offshore, or the Managed Account. Greenlight LLC controlled the voting and disposition of 1,663,830 shares of Common Stock through the account of Greenlight Qualified, of which Greenlight LLC is the general partner. Mr. Einhorn is the senior manager of Greenlight LLC. Greenlight LLC controlled the voting and disposition of 300,326 shares of Common Stock through the account of Greenlight Fund, of which Greenlight LLC is the general partner. Mr. Einhorn is the senior manager of Greenlight LLC. Greenlight Inc. controlled the voting and disposition of 2,912,455 shares of Common Stock held by Greenlight Offshore. Greenlight Inc. is the investment manager of Greenlight Offshore. Mr. Einhorn is the president and director of Greenlight Inc. DME controlled the voting and disposition of 750,000 shares of Common Stock through the Managed Account, for which DME serves as the investment manager. Mr. Einhorn is the senior manager of DME GP, which is the general partner of DME. DME Management GP controlled the voting and disposition of 794,376 shares of Common Stock through the account of Greenlight Gold, of which DME Management GP is the general partner. Mr. Einhorn is the senior managing member of DME Management GP. DME CM controlled the voting and disposition of 312,482 shares of Common Stock through the account of Greenlight Gold Offshore, of which DME CM is the investment manager. Mr. Einhorn is the senior manager of DME GP, which is the general partner of DME CM. Power of Attorney executed by David Einhorn, authorizing Harry Brandler and Daniel Roitman to sign and file this report, which was filed as Exhibit 99.2 to the Schedule 13G relating to NCR Corporation filed with the Securities and Exchange Commission on May 24, 2010, is incorporated herein by reference. /s/ Daniel Roitman, attorney-in-fact for David Einhorn 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, L.L.C. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, Inc. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, L.L.C., General Partner of Greenlight Capital, L.P. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, L.L.C., General Partner of Greenlight Capital Qualified, L.P. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, Inc., Investment Manager of Greenlight Capital Offshore Partners 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C., General Partner of DME Advisors, L.P. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of DME Capital Management, L.P. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C. 2014-11-07 /s/ Daniel Roitman, Chief Operating Officer of DME Management GP, LLC 2014-11-07