Exhibit 99.1

Case Name: Interstate Bakeries
Corporation & All  Subsidiaries					Case No: 04-45814-jwv-11
Consolidated Monthly Operating Report Summary
For The Four Weeks Ended and as of November 15, 2008
REVENUE
Gross Income						$	211,621,699
Less Cost of Goods Sold							106,009,914
	Ingredients, Packaging & Outside Purchasing	$	61,094,423
	Direct & Indirect Labor		33,757,863
	Overhead & Production Administration		11,157,628
Gross Profit							105,611,785
OPERATING EXPENSES
Owner - Draws/Salaries			-
Selling & Delivery Employee Salaries			48,182,738
Advertising and Marketing			667,953
Insurance (Property, Casualty, & Medical)			10,785,961
Payroll Taxes			4,018,804
Lease and Rent			2,947,030
Telephone and Utilities			1,017,291
Corporate Expense (Including Salaries)			5,321,112
Other Expenses			18,972,387		(i)
Total Operating Expenses							91,913,276
	EBITDA						13,698,509
Restructuring & Reorganization Charges			27,133,791		(ii)
Depreciation and Amortization			4,643,907
Abandonment			843,390
Property & Equipment Impairment			-
Other( Income)/Expense			103,416
Gain/Loss Sale of Prop			-
Interest Expense			4,978,059
Operating Income (Loss)							(24,004,054	)
Income Tax Expense (Benefit)			(3,066,604	)
Net Income (Loss)						$	(20,937,450	)
CURRENT ASSETS
	Accounts Receivable at end of period					$	134,607,001
	Increase (Decrease) in Accounts Receivable for period						(1,202,760	)
	Inventory at end of period						60,140,533
	Increase (Decrease) in Inventory for period						(3,597,863	)
	Cash at end of period						24,663,935
	Increase (Decrease) in Cash for period						565,306
	Restricted Cash						21,116,740		(iii)
	Increase (Decrease) in Restricted Cash for period						13,084
LIABILITIES
	Increase (Decrease) Liabilities Not Subject to Compromise						(56,985,387	)
	Increase (Decrease) Liabilities  Subject to Compromise						77,348,845		(iv)
	Taxes payable:
	Federal Payroll Taxes	$	3,887,897
	State/Local Payroll Taxes		3,809,252
	State Sales Taxes		712,596
	Real Estate and
	Personal Property Taxes		7,691,783
	Other (see attached supplemental schedule)		2,538,254
	Total Taxes Payable						18,639,782
See attached supplemental schedule for footnoted information.

IBC
Other Taxes Payable - Supplemental Schedule
for period ended
November 15, 2008
	Description	Amount
	Use Tax	$	532,886
	Accr. Franchise Tax		478,872
	Other Taxes		1,526,496
	Total Other Taxes Payable	$	2,538,254
		6th period
(i)  Other Expenses included the following items:
	Employee benefit costs		12,456,449
	ABA Plan actuarial gain		(11,204,091	)	(iv)
	Facility costs (excluding lease expense)		1,423,303
	Distribution/transportation costs		12,424,906
	Local promotional costs		1,306,732
	Miscellaneous		2,565,088
		$	18,972,387
(ii) Restructuring and reorganization expenses for the period included:
	Restructuring expenses
	(Gain)/loss on sale of assets		3,698
	Other		69,358
	Reorganization expenses
	Professional fees		7,016,025
	Interest expense		(14,446	)
	Adjustments to lease rejection expense		(14,647	)
	ABA Plan settlement		20,121,250		(iv)
	KERP bonus plan		(21,187	)
	(Gain)/loss on sale of assets		(26,260	)
		$	27,133,791

(iii)  Restricted cash represents cash held as collateral pursuant to IBC's debtor-in-possession credit facility.

(iv)  See Note 11. Employee Benefit Plans in the Company's second quarter fiscal 2009 Form 10-Q filed with the SEC on

December 24, 2008 for details regarding the Company's complete withdrawal from the American Bakers Association

Retirement Plan and the related $11.2 million actuarial gain, as well as the $20.1 million reorganization charge and the

reclassification of the obligations under this plan to Liabilities Subject to Compromise due to the settlement of related

claims in the bankruptcy.

Note:  Capital expenditures for the period totaled approximately $1.0 million.

EXPLANATORY NOTES TO THE INTERSTATE BAKERIES CORPORATION

CONSOLIDATED MONTHLY OPERATING REPORT

DATED AS OF NOVEMBER 15, 2008

1. This consolidated Monthly Operating Report (MOR), reflecting results for the four-week period ended November 15, 2008 and balances of and period changes in certain of the Company’s accounts as of November 15, 2008, is preliminary and unaudited. This MOR should be read together and concurrently with the Company’s second quarter 2009 Form 10-Q that was filed with the Securities and Exchange Commission (SEC) on December 24, 2008 and the Company’s Annual Report on Form 10-K for fiscal 2008 filed with the SEC on September 15, 2008 for a comprehensive description of our current financial condition and operating results. This MOR is being provided to the Bankruptcy Court and the U.S. Trustee pursuant to requirements under Local Rule 2015-2 C.

2. This MOR is not audited and will not be subject to audit or review by our external auditors on a stand-alone basis at any time in the future.  This MOR includes quarterly and year-to-date adjustments reflected upon review of major asset and liability accounts prior to the Company’s filing of its quarterly and annual financial statements with the SEC. Due to the timing impact of the foregoing, results for this period as presented in the MOR are not necessarily indicative of the actual results for the period if all such matters were allocated to all periods in the quarter or year.  Accordingly, each period reported in the MORs should not be viewed on a stand-alone basis, but rather in the context of previously reported financial results, including the Company’s SEC filings.

3. This MOR is presented in a format providing information required under local rule and incorporating measurements used for internal operating purposes, rather than in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information. This MOR does not include certain financial statements and explanatory footnotes, including disclosures required under GAAP.

4. As of November 15, 2008, the Company had borrowed $113.2 million under its $309.0 million debtor-in-possession credit facility, which is subject to a borrowing base formula based on its level of eligible accounts receivable, inventory, certain real property and reserves.  The credit facility was also utilized to support the issuance of letters of credit primarily in support of the Company’s insurance programs.  As of November 15, 2008, there were $141.0 million of letters of credit outstanding under the debtor-in-possession credit facility. The amount of the credit facility available for borrowing was $54.8 million as of November 15, 2008.

5. See Note 11. Employee Benefit Plans in the Company’s second quarter fiscal 2009 Form 10-Q filed with the SEC on December 24, 2008 for details regarding the Company’s complete withdrawal from the American Bakers Association Retirement Plan and the related $11.2 million actuarial gain, as well as the $20.1 million reorganization charge and the reclassification of the obligations under this plan to Liabilities Subject to Compromise due to the settlement of related claims in the bankruptcy.