RYAN'S FAMILY STEAK HOUSES, INC. REPORTS NOVEMBER SALES INFORMATION ----------------- Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today announced that average unit sales for the 4-week period ended December 1, 1999 ("November") represented an all-time November record. This was the second consecutive month in which a monthly average unit sales record was achieved. Same-store sales for November increased by 0.3%. Details follow: November 1999 (Unaudited) Total sales $50,380,000 Increase from prior year +4% Average unit sales: Same-store (open at least 18 mos.) +0.3% All-store (all Ryan's units) +1.2% Management was pleased with November's sales performance in light of the 1998's +5.2% comparison, which was the largest same-store sales increase during 1998. At December 1, 1999, the Company owned and operated 288 Ryan's. The Company's next accounting period consists of 4 weeks, ending on December 29, 1999 (fiscal 1999 year-end).