RYAN Ryans Restaurant

Ryan's Restaurant Group, Inc. Reports Sales Results for June and Second Quarter 2004 GREER, S.C., July 2 /PRNewswire-FirstCall/ -- Ryan's Restaurant Group, Inc. (formerly Ryan's Family Steak Houses, Inc.) (NASDAQ:RYAN) today reported sales results for the 4-week period ("June") and the three-months ("2nd Quarter") ending June 30, 2004. A new average unit sales record was set for second quarter sales periods. Management noted that average unit sales records have now been set for the last 5 consecutive quarters. Same-store sales decreased by 1.1% for the month and by 0.2% for the quarter. Other details follow: (Unaudited) June 2nd Quarter 2004 2004 Total sales (000's) $67,000 $216,600 Change from prior year +3% +4% Average unit sales: Same stores (open at least 18 mos.) -1.1% -0.2% All stores (all Ryan's units) -0.7% +0.2% At June 30, 2004, the Company owned and operated 337 restaurants. Financial results for the second quarter 2004 are expected to be released on July 21, 2004. In addition, the Company's next accounting period consists of 5 weeks, ending on August 4, 2004. Forward-Looking Information: In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company cautions that the statements in this press release that are forward- looking involve risks and uncertainties that may impact the Company's actual results of operations. For a more thorough discussion of these risks, uncertainties and other factors, please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2003. DATASOURCE: Ryan's Restaurant Group, Inc. CONTACT: Fred T. Grant, Jr., Senior Vice President - Finance, of Ryan's Restaurant Group, Inc., +1-864-879-1000 Web site: http://www.ryansinc.com/

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