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Granite City Food & Brewery Adding Space To Increase Revenues

At present, the Company has targeted eight stores for enhancement over the next year with four expected to be completed within the next 4 weeks. Those projects expected to be completed in 2011 include:

Maple Grove, MN: Enclosure of patio creating year-round all-weather seating and enhancement of the bar, adding additional seating and floor space.

Roseville, MN: Bar enhancement adding additional seating and floor space, and upgraded outdoor patio.

Davenport, IA: Private dining room addition and enhancement of the bar, adding new seating and enhanced floor space.

Cedar Rapids, IA: Enclosure of patio creating year-round all-weather seating and enhancement of bar adding new seating and floor space.

Granite City Food & Brewery Ltd. is a Modern American upscale casual restaurant chain that operates 26 restaurants in 11 states. The menu features affordable yet high quality family favorite menu items prepared from made-from-scratch recipes and served in generous portions. The sophisticated yet unpretentious restaurants, proprietary food and beverage products, attractive price points and high service standards combine for a great dining experience. Granite City opened its first restaurant in 1999 and is expanding from its Midwestern base. Additional information about Granite City Food & Brewery can be found at the company’s website ( www.gcfb.net).

Forward-Looking Statements Certain statements made in this press release of a non-historical nature constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors include, but are not limited to, changes in economic conditions, changes in consumer preferences or discretionary consumer spending, a significant change in the performance of any existing restaurants, our ability to continue funding our operations and meet our debt service obligations, and the risks and uncertainties described in our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 17, 2011.



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