LOS ALTOS, CA – December 5, 2005 – Black Angus Steakhouse, with more than 80 locations in 10 states in the West and Midwest, announced today the opening of its 88th restaurant in North Scottsdale, Arizona. The new restaurant is the 10th Black Angus Steakhouse in the Greater Phoenix area.

The new restaurant is located across from the Harkins Theaters in the Scottsdale 101 entertainment, dining, and shopping complex at 7000 East Mayo Boulevard. Beginning today, the restaurant will be serving dinner from 4-10 PM Sunday – Thursday, and until 11 PM on Friday and Saturday. The restaurant will open for lunch on Monday, December 12th.

“We’re proud to bring another Black Angus Steakhouse to the Greater Phoenix area,” said Director of Operations Russ Birkland. “This new location is the first Black Angus Steakhouse serving the northern Scottsdale and Phoenix communities.”

From the beginning, Black Angus Steakhouse has built its reputation on providing a great steakhouse experience. For over 40 years, our chefs have taken pride in serving only choice steaks that are carefully aged, fresh-cut daily, and char-grilled to perfection. At Black Angus Steakhouse, superior quality, friendly service, and great value are more than a tradition – they’re our passion every day.

Headquartered in Los Altos, CA, Black Angus Steakhouse began in 1964 in Seattle, WA. The concept was founded by Stuart Anderson, a prominent rancher, to provide patrons with top-quality steak dinners at affordable prices, in a warm, comfortable atmosphere with friendly service. Today, Black Angus operates 88 locations in the West, and has received “Best Steakhouse” Awards from a variety of local and national publications.

Los Altos, CA March 16, 2005 Black Angus Steak House restaurants, with 88 locations in ten states throughout the West and Midwest, hosted their first annual Awards Gala, which recognized key management for financial success in 2004, at the MGM Grand Hotel and Casino in Las Vegas, Nevada on March 7, 2005. Over 100 people from executives to field management to chefs were in attendance. The awards presented were as follows:

 Super Bonus Awards were given to 41 restaurants for exceeding their 2004 Profit Goals
 Six of the restaurants were recognized for additional success as $100,000 Club Winners
 Select managers received the highest honor, the CEO Award

Attendees were treated to a lovely luncheon banquet and Awards Ceremony, followed by a showing of the new Cirque du Soleil show, KA. Those individuals who achieved $100,000 Club Member status were given beautiful navy blue blazers with gold buttons and a 14-karat gold pin that says $100,000 Club.

The executive team at Black Angus has stated that these awards come at a crucial time as the restaurants are currently undergoing a financial reorganization and that the 2004 Awards Gala marks the future success of the brand.

According to Black Angus President and CEO Ralph Roberts, “There is no winning without celebration. We’re celebrating the winners who accomplished their goals. Winning is an attitude. It starts in your mind, deciding that you’ll never be second, deciding that you want to accomplish your goals, deciding you want to be a winner. These recognized professionals have absolutely demonstrated this attitude and behavior and I congratulate them one and all.”

Based in Los Altos, CA, Black Angus Restaurants (originally called Stuart Anderson’s Black Angus and Cattle Company Restaurants) began in 1964 in Seattle, Washington. Stuart Anderson was a prominent rancher and Washington native with a concept to provide patrons with top quality, complete steak dinner at an affordable price served in a warm, comfortable atmosphere with friendly service. Today, the restaurants have 88 locations in the West and Midwest and have received many notable “Best Steakhouse” Awards from such notable publications as Restaurants and Institutions Magazine, Sacramento Magazine, Orange County Register, Riverside Press Enterprise, Santa Clarita Valley Magazine, Bakersfield Californian, and many others.

Riverside, CA, November 14, 2004 - You can call them "Black Angus." you can call them "Stuart Anderson's." And in some states, you can call them "Cattle Company."

The universal language is "delicious", and for 40 years Stuart Anderson's Black Angus & Cattle Company (the offical name) has built upon the high standards demanded by founder Stuart Anderson to serve a top-quality, complete steak dinner while providing friendly service in a warm atmosphere.

Steak may be the most renown item on a lengthy menu, but seafood entrees are available at lunch (served monday through Friday at most locations) and dinner. Pasta selections are part of the lunch menu.

And save room - lots of it - for dessert. The Big Mountain Chocolate Fudge Cake and Sky0High Mud Pie are not for the calorically aqueamish. A full bar is also available.

Los Altos, CA, September 27 2004 - American Restaurant Group, Inc. ("ARG" or the "Company") today announced that it has reached an agreement with members of an ad hoc committee of holders of over 70% of its Secured Notes (the "Noteholders' Committee") on the terms of a comprehensive financial restructuring. The financial restructuring will be implemented through a pre-negotiated Plan of Reorganization in Chapter 11 cases to be filed by the Company in Los Angeles. The financial restructuring will substantially deleverage the Company's balance sheet, allowing ARG to decrease its funded debt and accrued interest from approximately $202 million to approximately $23 million, by exchanging approximately $162 million of Secured Notes, accrued interest, and various other obligations for approximately 98% of the common stock of the reorganized Company. Upon completion of the financial restructuring, ARG's annual cash interest costs will be reduced by approximately $19 million.

In addition, ARG has obtained from its existing lender, Wells Fargo Foothill, part of Wells Fargo & Company (NYSE:WFC), a commitment to extend a $30 million DIP facility that will enable the Company to continue its operations seamlessly during the restructuring process. Moreover, Wells Fargo Foothill provided a commitment letter to ARG providing for $40 million of new financing upon the consummation of the Plan.

ARG's President and Chief Executive Officer, Ralph Roberts, commented, "We are extremely happy that our out-of-court negotiations with the Noteholders' Committee has resulted in an agreement to an overall financial restructuring of the Company that we expect to be expeditiously confirmed in Bankruptcy Court. The support of the Noteholders' Committee for the Plan of Reorganization is a significant step towards confirmation of the Plan and should greatly facilitate an expedited reorganization process."

Roberts added, "The restructuring will dramatically deleverage the Company and provide it with significant additional capital. Thus equipped, we will implement plans to refurbish and remodel most of our restaurants and rejuvenate the brand. The results will be of immense benefit to our key constituencies, including our customers, vendors, employees, and shareholders."

Roberts continued, "The DIP financing will ensure continued normal business operations while we seek speedy confirmation of our pre-negotiated Plan. We will continue our operations without interruption. Our commitment to our customers, vendors, and employees is unwavering. We remain dedicated to providing the high standard of service our customers are famililar with."

American Restaurant Group is represented by Houlihan Lokey Howard & Zukin Capital as financial advisor; Alvarez & Marsal LLC as turnaround advisor, and Milbank, Tweed, Hadley & McCloy LLP as legal counsel.

This announcement does not constitute a solicitation for any vote or an offering of securities. No such solicitation is being made at this time, and will only be made by means of a Disclosure Statement that has been approved by the Bankruptcy Court. The Plan of Reorganization is subject to supplementation, modification, and amendment prior to confirmation. The description of the Plan of Reorganization contained herein is qualified in its entirety by reference to the Plan of Reorganization.

ABOUT ARG. ARG, through its subsidiaries operating as Stuart Anderson's, specializes in U.S.D.A. Choice fresh-cut steak; seasoned, seared, and slow-roasted prime rib; and a variety of seafood entrées complete with 'all the fixin's'. Stuart Anderson's currently has 93 Black Angus and Cattle Company restaurants in ten states, primarily in California, Arizona, and the Pacific Northwest. For more information on Stuart Anderson's Black Angus and Cattle Company restaurants, go to www.stuartandersons.com.

ARG FORWARD LOOKING STATEMENTS. This press release contains forward-looking statements regarding future events and future performance of ARG that involve risks and uncertainties that could materially affect actual results. Risks and uncertainties that could impact future events or results include, but are not limited to, the following: receipt of the requisite support pursuant to federal bankruptcy laws for the proposed plan of reorganization from those entitled to vote on the proposed plan of reorganization; meeting the requirements of the federal bankruptcy code for confirmation of the proposed plan of reorganization; judicial approval of the proposed plan of reorganization in accordance with all relevant bankruptcy laws; the potential adverse impact of the Chapter 11 proceedings on ARG's liquidity or results of operations; macroeconomic developments (including, without limitation, consequences of the war on terrorism) affecting the economy generally; ARG's ability to obtain sufficient capital on acceptable terms and on a timely basis; and effective management of administrative, operational and financial issues presented by ARG's business plan. This information is also qualified in its entirety by cautionary statements and risk-factors disclosure contained in certain of ARG's Securities and Exchange Commission filings.

CONTACT:
1(866)745-8443

Please also direct questions or comments to the following e-mail addresses:

General Questions: Questions.ba@rt.net
Vendor Questions: Vendors.ba@rt.net
Employee Questions: Employees.ba@rt.net

Los Altos, CA, September 26, 2004 - After 21 wonderful years, we regretfully announce the closing of our Cattle Company Restaurants in Minnesota.

The withdrawal from the Minneapolis market is part of Stuart Anderson's financial and strategic restructuring.

From all of us at Cattle Company, we would like to thank you for your patronage.

For gift card refunds, please call our Gift-Card Hot Line (available Monday-Friday 8:30 - 3:30 Pacific Time) toll free at 800-627-0010, or for any other questions, 866-745-8443.

Cattle Company is a subsidiary operating under the Stuart Anderson's restaurant chain, specializing in fresh-cut steak; seasoned, seared, and slow-roasted prime rib and a variety of seafood entrees complete with 'all the fixins'. Stuart Anderson's currently has 93 Black Angus and Cattle Company restaurants in ten states, primarily in the Western U.S. For more information on Stuart Anderson's Black Angus and Cattle Company restaurants, go to www.stuartandersons.com.

San Bruno, CA, May 2nd 2004 - On Sunday May 2nd, 2004 the Foster City Black Angus Restaurant will be providing lunch for a banquet honoring the newly returned troops of the 2632nd Transportation Company. The details of the banquet are as follows:

When: Sunday May 2, 2004 @ 12:00 Noon
Where: California Army Reserve; 455 3rd Ave; San Bruno, CA
Who: Honoring the 2632nd Transportation Company

The troops of the 2632nd Transportation Company arrived home after serving their country in Iraq for 12 months. Located at Camp Anaconda between Baghdad and Tikrit, the troops had to endure extreme heat and combat, while transporting food, ammunitions and heavy machinery. They "have been ambushed with machine guns and roadside bombs, shot at, attacked by mortars and RPGs, rocket-propelled grenades, and have the Purple Hearts to show for it. But all lived to tell their story." (Tri-Valley Herald)

"We at Stuart Anderson's are honored to celebrate the safe return of the men and women who have served their tours of duty." -Ralph Roberts, President. Stuart Anderson's Black Angus is proud to provide lunch for a welcome home ceremony at the San Bruno California Army Reserve on May 2nd at 12:00 noon. Lunch will include 7oz Top Sirloin specially seasoned and fire-grilled, Herb Red Potatoes, Steamed Vegetables, Hot Bread & Butter, Fresh Garden Salad.

About Stuart Anderson's Black Angus - "If You Really Love Steak". Stuart Anderson's specializes in U.S.D.A. Choice fresh-cut steak, seasoned, seared and slow-roasted prime rib, and a variety of seafood entrées complete with 'all the fixin's'. Stuart Anderson's currently has 105 Black Angus and Cattle Company restaurants in twelve states, from the West Coast to Minnesota. Headquartered in Los Altos, California, and in operation for 40 years, Stuart Anderson's is well positioned to continue their growth. For more information on Stuart Anderson's Black Angus and Cattle Company restaurants, go to www.stuartandersons.com.

Los Altos, CA, August 18, 2003 - Stuart Anderson's announces the grand opening of their 11th restaurant in the Phoenix market in Chandler, AZ, on September 15. Responding to consumer needs, the all accommodating, brand new establishment features extended hours, an East facing patio outfitted with misters and heat lamps, and a bar area four times larger than any of their other restaurants.

"By listening to our customers, we have built our best restaurant yet. We have extended our operating hours from 11:00am to 1:00am to expand our bar business and are able to accommodate groups of all sizes. The bar is positively charged with excitement due to the new features including a jukebox, five 42" Plasma TV's and our open-air patio," said District Manager Scott Dittmer.

The newest restaurant is well located in the Chandler Festival, right off of Loop 101 and Chandler Blvd., surrounded by approximately 40 shops. The 7800 square foot building with an 800 square foot patio is the first design of its kind in the Stuart Anderson's Restaurant chain.

Stuart Anderson's specializes in U.S.D.A. Choice fresh-cut steak, seasoned, seared and slow-roasted prime rib, and a variety of seafood entrees. Stuart Anderson's currently has 108 Black Angus and Cattle Company restaurants in thirteen states, from the West Coast to Minnesota and Indiana. Headquartered in Los Altos, California, and in operation since 1964, Stuart Anderson's is well positioned to continue their growth.

Los Altos, CA, May 22, 2003 – In response to the recently reported case of BSE (mad-cow disease) in Alberta, Canada, Stuart Anderson's Black Angus / Cattle Company Restaurants reassures its customers that the restaurants serve only corn-fed U.S.D.A. Choice beef from the United States. The U.S. restaurant chain does not import any beef from Canada or anywhere else in the world.

Contact: Ralph Roberts (650) 949-6400

Los Altos, CA, October 2, 2002 - Stuart Anderson's Cattle Company Restaurant reopens for business on October 3, almost two weeks after being struck by a tornado in Greenwood, a suburb of Indianapolis. A special 'Winds of Change' celebration will be held at 5pm to honor everyone who helped put the restaurant back on its feet. It will reopen to the public on Friday, October 4.

On Friday, September 20, a string of tornadoes struck with winds over 200 miles an hour in the Indianapolis area. One of the areas hit the hardest was the Greenwood Shopping Center in which a category F3 tornado hit Cattle Company. Damages included the roof blowing off, multiple windows broken, loss of power, and water damage. "We were lucky that we did not get directly hit by the tornado, unlike some of our other neighbors in the shopping center. The community really pulled together to help us clean up and I want to thank them for all their hard work and commitment," said Area Manager Dennis Alspach.

Fortunately no one was injured as they were not open for business and the employees were able to take cover. "My very first concern was that no one was hurt. Once I knew that, it was a lot easier to focus on repairing the building and taking the steps necessary to reopen as soon as possible," said President and CEO Ralph Roberts.

In appreciation, a special invite only 'Winds of Change' dinner will include all parties that helped rebuild the restaurant. "We especially want to thank the local fire and police departments for their support and dedication to everyone who was affected by the storm. Also to IPL and Citizen's Gas for their quick response in getting utilities restored effectively and efficiently," Alspach said.

Los Altos, CA, April 25, 2002 – Stuart Anderson's Restaurants announces the Grand Opening of its 109th Black Angus Restaurant, on May 6th in Lone Tree, its fifth location in the Denver metropolitan area. Located near Highway C-470 and south of the Park Meadows Mall, Stuart Anderson's is looking forward to open the second location serving the South Metro Area.

Opening festivities include a ribbon and "Prime Rib Cutting" ceremony. These events are open to members of the media and local dignitaries, by invitation only. Lone Tree Mayor John O'Boyle, Jr. will be the honorary guest cutting the ribbon and first slice of prime rib. "We are excited to have Mayor O'Boyle participate in our Grand Opening. We are looking forward to getting the chance to meet all of our new neighbors in the area," said General Manager John Brown.

The first Black Angus opened in the Denver area over 24 years ago in 1978. Due to the growth of the South Metro Area of Denver, the Lone Tree location will be the first store in the market since the opening of the Littleton store in 1982.

The Lone Tree Black Angus restaurant is 6,700 square feet and is expected to serve over 1,000 lunches and 3,000 dinners a week. The site is centrally located on the corners of Yosemite and Kimmer, within the Entertainment District. "The location is perfect. It provides a great opportunity for a dinner and a movie or for business engagements," says District Manager John Carpenter. "We have a great casual atmosphere where just about anyone can dine and feel comfortable."

Stuart Anderson's specializes in U.S.D.A. Choice fresh-cut steak, seasoned, seared and slow-roasted prime rib, and a variety of seafood entrees complete with 'all the fixin's'. Stuart Anderson's currently has 109 Black Angus and Cattle Company restaurants in thirteen states, from the West Coast to Minnesota and Indiana. Headquartered in Los Altos, California, and in operation since 1964, the growing chain plans to open another 45 stores in the next five years. For more information on Stuart Anderson's Black Angus and Cattle Company restaurants, go to www.stuartandersons.com.

Los Altos, CA, November 28, 2001 – Stuart Anderson's Restaurants announces the Grand Opening of its 107th Black Angus Restaurant, on December 10th in Valencia, just north of Los Angeles in the Santa Clarita Valley. Located across the street from the Valencia Town Center and down the street from Six Flags Magic Mountain, Stuart Anderson’s is excited to be situated in an easily accessible area, right off of Interstate 5.

Opening festivities include a ribbon and "Prime Rib Cutting" ceremony. These events are open to members of the media and local dignitaries, by invitation only. Santa Clarita Mayor Laurene Weste will be the honorary guest cutting the ribbon and first slice of prime rib. "We are excited to have Mayor Weste participate in our Grand Opening celebration to help us welcome our first Black Angus to the growing Santa Clarita Valley," said home town resident General Manager Carl Johnson.

The Valencia Black Angus restaurant is 6,600 square feet and is expected to serve over 1,000 lunches and 3,000 dinners a week. The site is centrally located on the corners of McBean and Magic Mountain Parkways. "The location is perfect. Not only are we in the heart of the Santa Clarita Valley, but being down the street from Six Flags Magic Mountain is an added bonus," said Johnson.

“We're ecstatic to finally open a restaurant in such a family oriented community,” said Santa Clarita resident and District Manager Tim Burns. "For ten years I've been trying to find the perfect place for Black Angus and we've found it right here in Valencia."

Stuart Anderson's, recently awarded the “Gold Award” for Best Steakhouse Chain in America by Restaurants & Institutions magazine, specializes in U.S.D.A. Choice fresh-cut steak, seasoned, seared and slow-roasted prime rib, and a variety of seafood entrees complete with 'all the fixin’s'. Stuart Anderson’s currently has 107 Black Angus and Cattle Company restaurants in thirteen states, from the West Coast to Minnesota and Indiana. Headquartered in Los Altos, California, and in operation since 1964, the growing chain plans to open another 45 stores in the next five years. For more information on Stuart Anderson's Black Angus and Cattle Company restaurants, go to www.stuartandersons.com.