Lion Fund SC 13D/A BIGLARI / LION FUND ownership change

Exhibit 99.1

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of Amendment No. 20 to the Schedule 13D (including additional amendments thereto) with respect to the shares of Common Stock, $.50 Stated Value, of Biglari Holdings Inc.  This Joint Filing Agreement shall be filed as an Exhibit to such Statement.

Dated: June 23, 2010	THE LION FUND, L.P.
	By:	Biglari Capital Corp. General Partner
	By:	/s/ Sardar Biglari
		Sardar Biglari, Chief Executive Officer

BIGLARI CAPITAL CORP.
By:	/s/ Sardar Biglari
	Sardar Biglari, Chief Executive Officer

WESTERN ACQUISITIONS L.P.
By:	Western Investments Inc. General Partner
By:	/s/ Sardar Biglari
	Sardar Biglari, Chief Executive Officer

WESTERN INVESTMENTS INC.
By:	/s/ Sardar Biglari
	Sardar Biglari, Chief Executive Officer

/s/ Sardar Biglari

SARDAR BIGLARI

WESTERN SIZZLIN CORP.
By:	/s/ Sardar Biglari
	Sardar Biglari, Chief Executive Officer

THE STEAK N SHAKE 401(K) SAVINGS PLAN
By:	Steak n Shake Operations, Inc. Plan Sponsor
By:	/s/ Sardar Biglari
	Sardar Biglari, Chief Executive Officer

THE STEAK N SHAKE NON-QUALIFIED SAVINGS PLAN
By:	Steak n Shake Operations, Inc. Plan Sponsor
By:	/s/ Sardar Biglari
	Sardar Biglari, Chief Executive Officer

/s/ Sardar Biglari

SARDAR BIGLARI

As Attorney-In-Fact for Philip L. Cooley