RYAN'S FAMILY STEAK HOUSES, INC. REPORTS JUNE AND SECOND QUARTER SALES RESULTS ----------------- GREER, SOUTH CAROLINA - - Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today announced that same-store sales for the 4-week period ended July 1, 1998 ("June") increased by 3.5%. Same-store sales for the quarter ended July 1, 1998 increased by 1.8%. Details follow: (Unaudited) June 2nd Quarter 1998 1998 Total sales (000's) $53,037 $167,505 Increase from prior year +8% +7% Average unit sales: Same stores (open at least 18 mos.)+3.5% +1.8% All stores (all Ryan's units) +3.3% +1.5% At July 1, 1998, the Company owned and operated 278 Ryan's restaurants. Financial results for the second quarter 1998 are expected to be released on July 15, 1998. In addition, the Company's next accounting period consists of 5 weeks, ending on August 5, 1998.