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Webcast Alert: The Steak n Shake Company Announces Fiscal 2003 and Fourth Quarter FY 2003 Earnings Webcast INDIANAPOLIS, Nov. 6 /PRNewswire-FirstCall/ -- The Steak n Shake Company announces the following Webcast: (Logo: http://www.newscom.com/cgi-bin/prnh/20000606/STEAKLOGO ) What: The Steak n Shake Company Fiscal 2003 and Fourth Quarter FY 2003 Earnings Webcast When: Thursday, Nov. 13, 2003 at 11:00 a.m. Eastern Where: http://www.steaknshake.com/ or http://www.firstcallevents.com/service/ajwz393248905gf12.html How: Live over the Internet -- Simply log on to the web at the address above. Contact: Vic Yeandel, Vice President of Marketing & Investor Relations, 317-656-4514 If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.steaknshake.com/ . To access the replay, click on the conference call icon at the very top of the homepage of http://www.steaknshake.com/ . (Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to .) http://www.newscom.com/cgi-bin/prnh/20000606/STEAKLOGO http://photoarchive.ap.org/ DATASOURCE: The Steak n Shake Company CONTACT: Vic Yeandel, Vice President of Marketing & Investor Relations of The Steak n Shake Company, +1-317-656-4514 Web site: http://www.steaknshake.com/ Web site: http://www.firstcallevents.com/service/ajwz393248905gf12.html

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