RYAN'S FAMILY STEAK HOUSES, INC. REPORTS OCTOBER SALES INFORMATION ----------------- Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today announced that same-store sales for the 5-week period ended November 3, 1999 ("October") increased by 0.9%. Details follow: October 1999 (Unaudited) Total sales $62,500,000 Increase from prior year +5% Average unit sales: Same-store (open at least 18 mos.) +1.8% All-store (all Ryan's units) +0.9% Management was pleased with October's sales performance given the prior year's strong sales comparison and noted that October's average unit sales represented an all-time October record. At November 3, 1999, the Company owned and operated 287 Ryan's. The Company's next accounting period consists of 4 weeks, ending on December 1, 1999.