CONTACT: Betsy Brod/Karen Kruza
                                              Media:  Stan Froelich
                                              Morgan-Walke Associates, Inc.
                                              (212) 850-5600

FOR IMMEDIATE RELEASE

                        FINE HOST TO RESTATE 1997 RESULTS

     Greenwich, CT, December 12, 1997 -- Fine Host Corporation (NASDAQ): FINE)
announced today that the Audit Committee of its Board of Directors has
instructed the Company's auditors to conduct an inquiry into certain accounting
practices, including the capitalization of certain expenses. The auditors have
advised the Audit Committee today, that based on their preliminary inquiry,
certain expenses incurred during 1997 were incorrectly capitalized rather than
expensed in the period in which they were incurred. The impact of these expenses
on the Company's net income has not been determined, but the Company believes
that the amounts will be material and that earnings for each of the first three
quarters of 1997 will need to be restated.

     The Company is currently reviewing the 1996 financial statements to
determine whether these statements are affected by these accounting practices.
No determination has been made at this time as to the 1996 financial statements.

     The auditors have been instructed to report their findings directly to the
Audit Committee which will then report to the Board or Directors.

     Fine Host Corporation provides food and beverage concession and catering
services to more than 900 facilities, primarily through multi-year contracts in
the following markets: the recreation and leisure market (arenas, stadiums,
amphitheaters, civic centers and other recreational facilities); the convention
center market; the education market (colleges, universities and elementary and
secondary school nutrition programs); the business dining market (corporate
cafeterias, office complexes and manufacturing plants); the health care market
(long-term care facilities and hospitals); and the corrections market (prisons
and jails).

     This release contains forward-looking statements pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. These
statements are subject to various risks and uncertainties which are described in
the Company's filings with the Securities and Exchange Commission.

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