Tilman J. Fertitta extending to July 29 his offer to acquire, through Landry's Restaurants subsidiary LSRI Holdings, all stock of McCormick & Schmick's for US$9.25/share

Graziela Medina Shepnick

Graziela Medina Shepnick

Jun 1, 2011 – PRNewswire

HOUSTON , June 1, 2011 (press release) – Tilman J. Fertitta today announced that he is extending his previously announced tender offer to acquire, through his affiliate LSRI Holdings, Inc., a subsidiary of Landry's Restaurants, Inc., all of the issued and outstanding shares of common stock of McCormick & Schmick's Seafood Restaurants, Inc. (Nasdaq:MSSR - News) ("MSSR") for $9.25 per share, until 5:00 p.m., New York City time, on July 29, 2011, unless the offer is further extended. The tender offer was previously scheduled to expire at 12:00 Midnight, New York City time, on May 31, 2011. As of the close of business on May 27, 2011, 2,360,090 shares of common stock of MSSR had been validly tendered and not withdrawn pursuant to the tender offer.

Okapi Partners LLC is the Information Agent for the tender offer and any questions or requests for the Offer to Purchase and related materials with respect to the tender offer may be directed to 1-877-285-5990.

IMPORTANT INFORMATION REGARDING THE TENDER OFFER

LSRI Holdings, Inc., a wholly-owned subsidiary of Landry's Restaurants, Inc., has commenced a tender offer to purchase all of the outstanding shares of common stock of McCormick & Schmick's Seafood Restaurants, Inc. at $9.25 per share, net to the seller in cash, without interest. The offer is currently scheduled to expire at 5:00 p.m., New York City time, on Friday, July 29, 2011, unless the offer is extended.

Okapi Partners LLC is the Information Agent for the tender offer and any questions or requests for the Offer to Purchase and related materials with respect to the tender offer may be directed to Okapi Partners LLC.

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