T O T H E BO A R D O F D I R E C T O R S A N D S T O C K H O L D E R S O F
D R E Y E R÷ S G R A N D I C E C R E A M, I N C.
We have audited, in accordance with auditing standards generally accepted in the United States of America,
the consolidated financial statements of Dreyer÷s Grand Ice Cream, Inc. and its subsidiaries as of December
29, 2001 and December 30, 2000 and for each of the three years in the period ended December 29, 2001
appearing in the Company÷s Annual Report on Form 10-K for the period ended December 29, 2001
(which statements are not presented herein); and in our report dated February 13, 2002, we expressed an
unqualified opinion on those consolidated financial statements. In our opinion, the information set forth in
the accompanying consolidated balance sheet as of December 29, 2001 and December 30, 2000 and the
related consolidated statements of income, of changes in stockholders÷ equity and of cash flows for each
of the three years in the period ended December 29, 2001, when read in conjunction with the consolidated
financial statements from which it has been derived, is fairly stated in all material respects in relation thereto.
As discussed in Note 2 of the consolidated financial statements, the Company changed its method of
accounting for start-up costs in the first quarter of 1999.
PricewaterhouseCoopers LLP
San Francisco, California
February 13, 2002
R E P O R T O F I N D E P E N D E N T A C C O U N TA N T S
Forward