DAB Dave & Busters

Highest and Best Bids for Jillian's Total Approximately $65 Million LOUISVILLE, Ky., Sept. 22 /PRNewswire/ -- Jillian's Entertainment Holdings, Inc. and its affiliates conducted an auction on September 21, 2004 to sell substantially all of their assets. The highest and best bid was jointly submitted by Dave & Buster's Inc. (NYSE:DAB) and Gemini Investors III, L.P. for approximately $65 million. Both Dave and Buster's Inc. and Gemini Investors III, L.P. initially submitted "stalking horse" bids when Jillian's filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code on May 23, 2004. The auction was conducted pursuant to bidding procedures approved under Section 363 of the U. S. Bankruptcy Code. The U.S. Bankruptcy Court for the Western District of Kentucky in Louisville has tentatively scheduled a hearing for tomorrow, Thursday, September 23, to approve the sale. The parties intend to close the sale by the end of October, pending U.S. Bankruptcy Court approval. DATASOURCE: Jillian's Entertainment Holdings, Inc. CONTACT: Tom Andrzejewski or Rob Falls, of Robert Falls & Co. Public Relations, +1-216-696-0229, or cell, +1-216-509-5789

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