The Steak n Shake Company Announces Fiscal First Quarter 2006 Earnings Conference Call

INDIANAPOLIS, Jan. 18 /PRNewswire-FirstCall/ -- The Steak n Shake Company today announced that the Company will release its fiscal first quarter 2006 results after the market close on Thursday, January 26, 2006, to be followed by a conference call at 5:00 p.m. (Eastern Time) or 4:00 p.m. (Central Time). Hosting the call will be Peter Dunn, President and Chief Executive Officer, and Jeffrey A. Blade, Senior Vice President and Chief Financial Officer.

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The call can also be accessed live over the phone by dialing (877) 502- 9272, or for international callers, (913) 981-5581. A replay will be available one hour after the call and can be accessed by dialing (888) 203- 1112, or for international callers, (719) 457-0820. The passcode for the replay is 5547955. The replay will be available until February 2, 2006.

Interested investors and other parties may listen to a simultaneous webcast of the conference call by logging onto the Company's website at http://www.steaknshake.com/ . The on-line replay will be available for a limited time immediately following the call.

About Steak n Shake

Steak n Shake is a full service, casual dining restaurant serving a core menu of its famous Steakburgers, thin 'n crispy French Fries and old fashioned hand-dipped Milk Shakes. Menu variety includes sandwiches, such as the Turkey Melt and the Grilled Chicken Breast, as well as Chili, home style soups, fresh salads, a variety of desserts and breakfast. All of the food is prepared to the guest's order and served by friendly, well-trained associates. Steak n Shake restaurants feature full-service dining areas, counter service and drive-thru windows. Restaurants are open 24 hours a day, seven days a week.

This press release contains various "forward looking statements" which represent the company's expectations or beliefs concerning future events. Investors are cautioned that reliance on "forward looking statements" involves risks and uncertainties, and although the Company believes that the assumptions on which the "forward looking statements" contained herein are based, are reasonable, any of these assumptions could prove to be inaccurate and, as a result, the "forward looking statements" based upon those assumptions also could be incorrect. Investors are referred to the full discussion of risks and uncertainties associated with "forward looking statements" contained in the company's filings with the Securities and Exchange Commission.

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