RYAN'S FAMILY STEAK HOUSES, INC. REPORTS FEBRUARY SALES INFORMATION ----------------- Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today announced that same-store sales for the 4-week period ended March 1, 2000 ("February") increased by 2.7%. Details follow: February 2000 (Unaudited) Total sales $56,090,000 Increase from prior year +7.1% Average unit sales: Same-store (open at least 18 mos.) +2.7% All-store (all Ryan's units) +3.3% Management noted that February's weekly average unit sales volumes set a new February record. In addition, it should be noted that February's same-store sales increase is on top of a 3.1% increase experienced in February 1999. At March 1, 2000, the Company owned and operated 291 Ryan's. The Company's next accounting period consists of 4 weeks, ending on March 29, 2000.