Company Profile for Granite City Food & Brewery Ltd.

Granite City Food & Brewery Ltd. develops and operates
casual dining restaurants featuring on-premise breweries known as
Granite City Food & Brewery(R), in selected markets throughout the
United States. The theme is casual dining with a wide variety of menu
items that are prepared fresh daily, combined with freshly brewed
hand-crafted beers made on-premise. The Company produces its beer
using a process called Fermentus Interruptus(TM), which is intended to
maintain high beer quality while enhancing overall profitability by
reducing unit-level brewing costs. The first restaurant, located in
St. Cloud, Minnesota, opened in July 1999. Subsequently, the Company
opened restaurants in Sioux Falls, South Dakota; Fargo, North Dakota;
West Des Moines, Cedar Rapids and Davenport, Iowa; Lincoln, Nebraska;
Minneapolis (Maple Grove) and St. Paul (Eagan), Minnesota; and
Wichita, Kansas
-0-
*T

   Company:                Granite City Food & Brewery Ltd.

   Headquarters Address:   5402 Parkdale Drive
                           Suite 101
                           Minneapolis, MN 55416

   Main Telephone:         [phone]

   Website:                www.gcfb.com

   Ticker:                 GCFB(NASDAQ);GCFBU(NASDAQ)

   Type of Organization:   Public

   Industry:               Retail: Restaurant

   Key Executives:         CEO: Steven Wagenheim
                           CFO: Daniel Bauer
                           COO: Timothy Cary

   Investor Relations
     Contact:              Monica Underwood
     Phone:                952-215-0662
     Email:                [e-mail]

   Finance
     Contact:              Daniel Bauer
     Phone:                952-215-0668
     Email:                [e-mail]

   Marketing/Operations
     Contact:              Timothy Cary
     Phone:                612-859-5606
     Email:                [e-mail]
*T