SWRG Smith & Wollensky Restr Grp (MM)

Lunch at Smith & Wollensky: $202,100 Exclusive Reservation with Warren Buffett Nets Premium for Charity in eBay Auction NEW YORK, July 9 /PRNewswire-FirstCall/ -- An eBay offering of lunch with Warren Buffett at the famed Smith & Wollensky steakhouse netted a remarkable $202,100 for the Glide Foundation, one of the most comprehensive human service providers in San Francisco. Alan Stillman, chairman and chief executive officer of Smith & Wollensky Restaurant Group Inc. (NASDAQ:SWRG) donated the meal and the use of his flagship New York steakhouse on 797 Third Avenue at 49th Street, in addition to making a contribution of $10, 000 to the Glide Foundation. (Logo: http://www.newscom.com/cgi-bin/prnh/20020904/SWRGLOGO ) The winning bidder will dine with Mr. Buffet and up to seven guests to savor house specialties such as Filet au Poivre, Triple Lamb Chops, or Cajun Spiced Filet Mignon. In addition, the group will have the opportunity to enjoy the restaurant's innovative Great American Wine List, which features 650 premium selections made exclusively in the United States. The ten-day auction began on June 28, 2004 and ended on July 8, 2004 at 8:30 p.m. PDT. The winning bidder and Mr. Buffett will determine the date of the luncheon with one hundred percent of the auctions' proceeds going to the Glide Foundation. Mr. Buffett stated, "Glide is one of the most effective organizations ... or maybe the most effective organization I've ever seen for people down on their luck." Smith & Wollensky and Mr. Warren Buffett cooperated to support the Glide Foundation in donating their time, money, and effort to support this cause. eBay Giving Works generously coordinated all details and logistics of the online auction and fulfillment. More information on the Glide Foundation can be found on the web at http://www.glide.org/ and additional background on Smith & Wollensky Restaurant Group can be located online at http://www.smithandwollensky.com/. About Smith & Wollensky Restaurant Group: The Smith & Wollensky Restaurant Group develops, owns and operates high- end, high-volume restaurants in major cities across the United States. The original Smith & Wollensky, a traditional New York steakhouse, opened in 1977 and is currently believed to be the largest-grossing � la carte restaurant in the country. Since its inception, the company has grown to include 17 restaurants, including Smith & Wollensky in New York, Miami Beach, Chicago, New Orleans, Las Vegas, Washington, D.C., Philadelphia, Columbus, Dallas, Houston, Boston (opening Fall '04). The Company also operates other restaurants in New York, including Cite, Maloney & Porcelli, Manhattan Ocean Club, ONEc.p.s., Park Avenue Cafe and The Post House. This news release contains forward-looking statements. Such forward- looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified and certain of which are discussed from time to time in the Company's filings with the Securities and Exchange Commission. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. http://www.newscom.com/cgi-bin/prnh/20020904/SWRGLOGODATASOURCE: Smith & Wollensky Restaurant Group Inc. CONTACT: Media, David Shein of RFBinder Partners, +1-212-994-7514, mobile, +1-917-613-1764, or , for Smith & Wollensky Restaurant Group Inc. Web site: http://www.smithandwollensky.com/ http://www.glide.org/

Copyright