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Bonefish Grill Ranks #1 on Restaurant Hospitality Magazine’s 2005 Top 10 Growth Chains

Tampa, Florida (September 2006) – Recently crowned as Restaurant Hospitality Magazine’s top growth chain for 2005, Bonefish Grill experienced a sales jump of 67 percent, while simultaneously increasing its unit development by 44 percent.

“Bonefish,” says Bob Derrington, equity research analyst, “tapped into a market sweet spot which is experiencing a surge of popularity with baby boomers who perceive seafood as healthful compared to other proteins. With its check averages in the low $20 range, Bonefish attracts families with higher incomes and more sophisticated palates, relative to the mainstream dining public.”

Restaurant Hospitality Magazine worked with equity research analyst Bob Derrington of Morgan Keegan & Company to generate the list of the ten $100 million-plus chains that dominated the industry in 2005. Evaluated by their company-wide sales and their unit growth rates, these restaurants have a proven track record of filling seats with satisfied customers, while still exhibiting a rapid unit expansion.

“Our customers who recognize great food and outstanding service are responsible for this #1 ranking,” says John Cooper, president, Bonefish Grill. “Kudos to our both our customers and our terrific employees for this great honor.”

Bonefish Grill is a polished casual seafood restaurant that is appealing to those who crave high quality cuisine in a comfortable, lively atmosphere at a good value. Offering a wide selection of fresh fish every day and generous portions, the restaurant also features hand-cut beef and pork tenderloin, pasta and chicken dishes.



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