Wednesday, September 9, 2009

Landry's Restaurants Special Committee to Explore Alternative Proposals to Indication of Interest From Tilman J. Fertitta

HOUSTON, Sept. 9 /PRNewswire-FirstCall/ -- Landry's Restaurants, Inc. (NYSE: LNY - News; the "Company") announced today that on August 14, 2009, its Board of Directors appointed a special committee ("Special Committee") comprised solely of independent directors of the Company and authorized the Special Committee to review strategic alternatives for the Company, including a possible sale of the Company. The Special Committee has retained independent legal advisors and engaged Moelis & Company LLC as its financial advisor.

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