Steak N Shake TAKHOMACARD(R) Gift Cards Offer Chance to Give Back This Holiday Season

INDIANAPOLIS, Nov. 1 /PRNewswire/ — The Steak n Shake Company today announced its third-annual holiday partnership with America’s Second Harvest – The Nation’s Food Bank Network to benefit hungry families during the holidays.

From November 1 – December 24, the casual dining restaurant chain will, for every $5 in TAKHOMACARD(R) gift card purchases, donate one STEAKBURGER(TM) patty to local America’s Second Harvest Member food banks.

“Being in the restaurant business makes it especially relevant for Steak n Shake to help hungry families in the communities we serve,” said Peter Dunn, president and CEO of The Steak n Shake Company. “We are happy to once again donate our signature STEAKBURGER(TM) patties to families in need this holiday season.”

Steak n Shake has worked with America’s Second Harvest, the nation’s largest domestic hunger-relief organization since 2002, donating patties to individual food banks in the communities they serve. The America’s Second Harvest Network secures and distributes more than 2 billion pounds of donated food and grocery products annually, supporting approximately 50,000 feeding agencies nationwide. In 2004, Steak n Shake donated 402,304 patties to Americans in need through the holiday gift card program; these patties were distributed directly to local families through 59 local food banks in 17 different states. Already in 2005, Steak n Shake donated 750,000 STEAKBURGER(TM) patties to the America’s Second Harvest Network for distribution to the victims of Hurricanes Katrina and Rita.

Steak n Shake will offer two designs for the TAKHOMACARD(R) gift cards. The renewable gift cards come in the following styles:

   —  Nostalgic Steak n Shake restaurant   —  STEAKBURGER (TM) sandwich and Classic Milk Shake    

TAKHOMACARD(R) gift cards are a quick and easy way of giving friends and family the gift of STEAKBURGER(TM) sandwiches, real-milk Milk Shakes, or any other item available on the menu. The Steak n Shake gift cards are also a perfect gift for babysitters, postal carriers, teachers, neighbors, nieces/nephews, co-workers or friends. TAKHOMACARD(R) gift cards are also easy, affordable options to have on-hand for any last-minute gift exchanges at work, secret Santas or get-togethers.

The cards are available at all Steak n Shake restaurants, which are located in 19 states and can be redeemed for any menu item at any of its more than 430 locations.

Steak n Shake serves a distinct segment in the mid-scale, casual dining group of the restaurant industry, featuring a core menu of STEAKBURGER(TM) sandwiches, thin and crispy French fries, chili, and real milk Milk Shakes. Additional menu items include fresh salads, chicken sandwiches and other specialty sandwiches, home-style soups, and desserts. Steak n Shake restaurants offer full service dining areas, counter service, and drive-thru windows. Unlike fast food restaurants, all food is freshly prepared, cooked to order in view of the guests and served to their tables by friendly wait staff 24 hours a day.

The Steak n Shake Company is one of the oldest restaurant chains in the United States. It was founded in 1934 in Normal, Illinois, and operates more than 430 restaurants in 19 states, including 45 franchised units. The Company’s restaurants are located in the following states: Alabama, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas and Wisconsin. A current list of all Steak n Shake locations, along with other information can be found at http://www.steaknshake.com/ .

America’s Second Harvest — The Nation’s Food Bank Network is the nation’s largest charitable hunger-relief organization with a Network of more than 200 regional Member food banks and food – rescue programs serving all 50 states, the District of Columbia, and Puerto Rico. The America’s Second Harvest Network secures and distributes more than two billion pounds of donated food and grocery products annually. The America’s Second Harvest Network supports approximately 50,000 local charitable agencies operating more than 94,000 programs including food pantries, soup kitchens, emergency shelters, after- school programs, and Kids Cafes. Last year, the America’s Second Harvest Network provided food assistance to more than 23 million low-income hungry people in the United States, including more than nine million children and nearly three million seniors. For more on America’s Second Harvest, please visit http://www.secondharvest.org/ .

Web Sites: http://www.steaknshake.com http://www.secondharvest.org

The Steak n Shake Company

CONTACT: Andy Gerlt of Ogilvy Public Relations, +1-312-397-6012, orandy.gerlt@ogilvypr.com ; or Allison Steck of Young & Laramore Advertising,+1-317-264-8000, or asteck@yandl.com