Landry's Restaurants to offer up to an additional US$87M aggregate principal amount of 11 5/8% senior secured notes due 2015

HOUSTON , December 15, 2010 (press release) – Landry's Restaurants, Inc. ("Landry's" or the "Company") today announced that it intends to offer up to an additional $87.0 million aggregate principal amount of 11 5/8% senior secured notes due 2015 (the "Additional Notes") in a private placement not registered under the Securities Act of 1933.  The Additional Notes will have the same terms and be part of the same series as the $453.5 million aggregate principal amount of 11 5/8% senior secured notes due 2015 which were previously issued.

Proceeds from the offering will be used to pay for the acquisition of Bubba Gump Shrimp Co. Restaurants, Inc., if such acquisition is consummated; to pay related fees and expenses; and for general corporate purposes.

This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any of these securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.  This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

About Landry's Restaurants, Inc.

Landry's is a national, diversified restaurant, hospitality and entertainment company principally engaged in the ownership and operation of full-service, casual dining restaurants, primarily under the names of Rainforest Cafe, Saltgrass Steak House, Landry's Seafood House, Charley's Crab, The Chart House, Oceanaire and the Signature Group of restaurants.  Landry's also manages the Claim Jumper restaurant chain.  The Company is also engaged in the ownership and operation of select hospitality businesses, including the Golden Nugget Hotel & Casinos in Las Vegas and Laughlin, Nevada.

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