Famous Dave's Signs Nine-Location Development Agreement with Established Multi-Unit Franchise Developer for Far Northeastern U.S.

“We are pleased to have a seasoned restaurant developer like Joe as part of our growing franchise team,” said David Goronkin, President and CEO of Famous Dave’s. "Joe has been incredibly successful in operating restaurants in the Northeastern United States, and we look forward to continuing Famous Dave's growth in that part of the country." New England Barbecue Ventures is owned by Joe Cloutier and is based in Rockport, Maine. Mr. Cloutier currently owns 15 Denny's restaurants in Maine, Massachusetts and New Hampshire.

Famous Dave’s food is more than famous, it’s legendary. Famous Dave’s BBQ menu features hickory-smoked St. Louis-style spareribs, Texas beef brisket and founder Famous Dave Anderson’s award-winning BBQ sauces. Additionally, the menu offers BBQ and roasted chicken, BBQ sandwiches, burgers, salads, appetizers, homemade sides and deserts including the award-winning bread pudding.

Having won awards for everything from best sauce to best ribs to best cookbook, Famous Dave's has received wide acclaim and praise from customers and critics alike. Famous Dave's Rib Team regularly competes in rib competitions across the country, and has raked in 1st place awards at the Southern Florida Championship Cook Off in Jupiter, Florida, the Great American Rib Cook-off in Ohio, the Sioux Empire Rib-fest in Sioux Falls, South Dakota, the Rib Fest & More in Fargo, North Dakota, the Pontiac Rib America Rib Fest in Pontiac, Michigan, the Twin Cities Rockin' Rib Fest in Minneapolis, Minnesota and the Rib America Indianapolis Rib Fest in Indianapolis, Indiana to name just a few.

About Famous Dave’s

First opened in Hayward, Wisconsin in 1994 by Famous Dave Anderson, Famous Dave’s of America, Inc. (NASDAQ: DAVE) develops, owns, operates and Franchises barbeque restaurants. Currently, the company operates 38 locations and has 71 franchised units in 25 states. Its menu features award-winning barbequed and grilled meats, a generous selection of salads, side items, sandwiches, and unique desserts.

Certain matters discussed within this press release, including timing of the transactions, restaurant openings and expansion plans, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Famous Dave’s of America, Inc. believes the expectation reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to differ materially from Famous Dave’s expectation include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company’s SEC reports.