Granite City Food & Brewery Ltd. Class A Warrants to Expire December 15, 2005

Granite City Food & Brewery Ltd. (Nasdaq:GCFB) today
announced that the Class A Warrants sold in the Company's initial
public offering will expire, by their terms, at 5:00 p.m. (CST) on
Thursday, December 15.
   Granite City Food & Brewery Ltd. currently operates eleven Granite
City Food & Brewery casual dining restaurants featuring
made-from-scratch food and handcrafted beers. Its broad menu offers
traditional and regional foods served in generous portions at
reasonable prices, affording guests an excellent value and great
dining experience. Its first Granite City location, in St. Cloud, MN,
opened in June 1999. Subsequently, the Company opened restaurants in
Sioux Falls, SD, Fargo, ND, West Des Moines, IA, Cedar Rapids, IA,
Davenport, IA, Lincoln, NE, Minneapolis, MN, Wichita, KS, St. Paul,
MN, and Kansas City, MO.
   The Company's Class A Warrants, units and common stock currently
trade on the NASDAQ Capital Market under the symbols "GCFBW," "GCFBU,"
and "GCFB," respectively.