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Famous Dave's Re-Schedules Earnings Release and Conference Call

October 22, 2002 at 5:04 PM EDT
MINNEAPOLIS, Oct 22, 2002 (BUSINESS WIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced that it will release financial results for the 3rd Quarter at 3:15 p.m. Central Time on Thursday, October 24, 2002 with a conference call to follow at 4:00 p.m. Central Time. The release had originally been set for October 22, 2002.

The company invites all those interested in hearing management's discussion of the quarter to join the call by dialing (800) 239-3044. A replay will be available for one week following the call by dialing (800) 642-1687 and entering access code 5915132. Participants may also access a live web cast of the conference call through the investor relations section of Famous Dave's web site at www.famousdaves.com.

Famous Dave's of America, Inc. (Nasdaq:DAVE) owns, operates and franchises barbeque restaurants. The company currently owns 38 locations and franchises an additional 31 units in 19 states. The Company also has signed Area Development Agreements for an additional 115 franchise restaurants. Its menu features award-winning barbecued and grilled meats, an ample selection of salads, side items, sandwiches and unique desserts.

Certain matters discussed within this press release, including statements regarding revenue and profit forecasts, new restaurant sites, restaurant openings and expansion plans, are 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, changes in local or national economic conditions, availability of financing, outcome of pending litigation and other risks detailed from time to time in the company's SEC reports.

CONTACT:          Famous Dave's of America, Inc., Minneapolis
                  Ken Stanecki, 952/294-1300

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