Sardar Biglari Issues Letter to Shareholders of Friendly Ice Cream Corporation

ROANOKE, Va., Dec. 4  /PRNewswire-FirstCall/ -- Sardar Biglari, Chairman of the Board of Western Sizzlin Corporation (OTC:WSZL) (BULLETIN BOARD: WSZL) , issued a letter today to the shareholders of Friendly Ice Cream Corporation (AMEX:FRN) concurrent with the launch of http://www.enhancefriendlys.com/. A copy of the letter may also be accessed at the new website.

Western Sizzlin Corp., The Lion Fund, L.P., Biglari Capital Corp. and Sardar Biglari as a group are owners of an aggregate of approximately 15% of the outstanding common stock of Friendly Ice Cream Corp., making them Friendly's largest shareholder.  The group intends to nominate Mr. Biglari and Dr. Philip L. Cooley -- a director of The Lion Fund and Vice Chairman of Western Sizzlin -- for election to Friendly Ice Cream Corp.'s board at the next annual meeting of shareholders to be held in 2007.

In his letter to shareholders, Mr. Biglari states: "We are taking the pro- active approach because we believe it is time for change at Friendly's and we see opportunities -- set in motion by sound change -- to create tremendous value." In addition, Mr. Biglari states: "The optimal avenue to achieve good corporate governance and to envision wise means to enhance long-term value is to place very significant shareholders on the board to ensure a proper alignment of interests between the board and the shareholders."

Western Sizzlin Corp. is a steak and buffet restaurant chain operating and franchising in approximately 130 locations. Common stock of the company is listed on OTC Bulletin Board trading symbol WSZL. 

DATASOURCE: Western Sizzlin Corporation



CONTACT:  Thomas Ball or Ronald Knox of Morrow & Co., Inc.,

[phone]; or Robyn B. Mabe, Chief Financial Officer of Western Sizzlin

Corp., [phone]



Web site:  http://www.enhancefriendlys.com/ 

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