Granite City Food & Brewery Ltd. To Release Second Quarter 2012 Financial Results On August 6, 2012

Granite City Food & Brewery Ltd. (Nasdaq: GCFB) today announced that it will report its second quarter 2012 earnings after the market closes Monday August 6, 2012. The Company will host a conference call to discuss its second quarter financial results on Tuesday, August 7, 2012 at 10:00 a.m. Central Time. The call may be accessed by 1-877-591-4956 and referencing code 6740409. A replay of the call will be available for 30 days and may be accessed by calling 1-888-203-1112 and entering replay code 6740409.

About Granite City

Granite City Food & Brewery Ltd. develops and operates two casual dining concepts: Granite City Food & Brewery and Cadillac Ranch All American Bar & Grill. Granite City Food & Brewery is a polished casual American restaurant that features a great dining experience with affordable, high-quality menu items prepared from made-from-scratch recipes, served in generous portions. There is a brewery onsite, serving hand-crafted and micro brews. Granite City opened its first restaurant in 1999 and is expanding nationwide; there are currently 27 Granite City restaurants in 13 states. Cadillac Ranch restaurants feature freshly prepared, authentic, All-American cuisine in a fun, dynamic environment. Its patrons enjoy a warm, Rock N’ Roll inspired atmosphere, with plenty of room for friends, music and dancing. The Cadillac Ranch menu is diverse with offerings ranging from homemade meatloaf to pasta dishes, all freshly prepared using quality ingredients. The Company purchased its first Cadillac Ranch in November 2011 and has since purchased five additional Cadillac Ranch restaurants along with its intellectual property. The Company currently operates six Cadillac Ranch restaurants in five states. Additional information about Granite City Food & Brewery can be found at www.gcfb.com.

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