Champps Entertainment, Inc. Enters into Partnership Agreements with Field Management

Champps Entertainment, Inc. (NASDAQ:CMPP), owner and
operator of 50 company-operated and 13 franchised/licensed Champps
restaurants nationwide, announces that the company has entered into
Managing Partner Bonus Agreements with nine of its General Managers
and into Market Partner Bonus Agreements with two of its Directors of
Operations.
   The General Managers selected for partnership have been among the
top performers for the sports bar restaurant chain. Each has purchased
a portion of the cash flow of the restaurant they currently operate
and will subsequently earn 5% of the incremental cash flow for the
next seven years, and the opportunity to earn a large lump sum payout
at the end of the term of their agreement based on performance.
   The new Managing Partners include Amy Adams in Addison, TX; Brian
James in Las Colinas, TX; Tim Klunk in Lennox, OH; Kevin O'Hare in
Indianapolis; Tom McCabe in Westlake, OH; Donny Feinberg in King of
Prussia, PA; and James Rennie in Lansing, MI.
   Market Partner Agreements provide similar opportunities for
financial gain for the two Directors of Operations, Stan Ryback in the
Northeast and Joe Gainor in the Midwest. Each Director has purchased a
portion of the cash flow in the restaurants in their regions and will
subsequently receive 3% of cash flow for the next seven years and the
opportunity for significant financial gain at the end of the term of
their agreements based on the performance of the restaurants.
   CEI believes the partnership program will increase profitability
for the company and has identified several additional candidates to
whom it plans to offer partnership agreements.

   Safe Harbor Statement

   Certain statements made in this press release are forward-looking
statements based on management's current experience and expectations.
These forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements involve certain risks and uncertainties that could
cause actual results to differ materially from those in the
forward-looking statements. Such forward-looking statements include
statements regarding our strategic initiatives; new management team
members; improved profitability and cash flow; revenues; stock
compensation expenses; and restaurant openings, among others. Among
the factors that could cause future results to differ materially from
those provided in this press release are: the ability of the Company
to open and operate additional restaurants profitably, the ability of
the Company to successfully implement our strategic initiatives to
improve revenues and profitability, the ability of the company's new
management team to implement new strategic initiatives successfully;
the impact of intense competition in the casual dining restaurant
industry, the Company's ability to control restaurant operating costs,
which are impacted by commodity prices, minimum wage and other
employment laws, fuel and energy costs, consumer perceptions of food
safety, changes in consumer tastes and trends, and general business
and economic conditions. Information on significant potential risks
and uncertainties that may also cause such differences include, but
are not limited to, those mentioned by the Company from time to time
in its filings with the SEC. The words "may," "believe," "estimate,"
"expect," "plan," "intend," "project," "anticipate," "should" and
similar expressions and variations thereof identify certain of such
forward-looking statements, which speak only as of the dates on which
they were made. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result
of new information, future events, or otherwise. Readers are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and, therefore,
readers should not place undue reliance on these forward-looking
statements.