The Steak N Shake Company To Present At Two Investor Conferences In March

(Tuesday, March 07, 2006) - The Steak n Shake Company (NYSE: SNS) today announced that the Company will be presenting at two investor conferences in March.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000606/STEAKLOGO )

On March 8, 2006, the Company will participate in Raymond James Annual Institutional Investors Conference in Orlando, Florida. The presentation begins at 9:50 a.m. Eastern Time and can be accessed at http://www.steaknshake.com .

On March 14, 2006 the Company will participate in Stephens Inc. 2006 Consumer Conference in New York, New York. The presentation begins at 11:00 a.m. Eastern Time and can be accessed at http://www.steaknshake.com .

About Steak n Shake

Steak n Shake is a full-service, casual dining restaurant serving a core menu of its famous STEAKBURGER(TM) sandwiches, thin 'n crispy french fries, old fashioned hand-dipped milk shakes, chili, home style soups, fresh salads, a variety of desserts and breakfast. All of the food is prepared to the guest's order and served by friendly, well-trained associates. Steak n Shake restaurants feature full-service dining areas, counter service and drive-thru windows and are open 24 hours a day, seven days a week.

This press release contains forward-looking information. In general, forward-looking statements include estimates of future revenues, cash flows, capital expenditures, or other financial items, and assumptions underlying any of the foregoing. Forward-looking statements reflect management's current expectations regarding future events and use words such as "anticipate", "believe", "expect", "may", "will", and other similar terminology. These statements speak only as of the date they were made and involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Several factors, many beyond our control, could cause actual results to differ significantly from our expectations, such as the following: effectiveness of operating initiatives; changes in economic conditions; effectiveness of advertising and marketing initiatives; harsh weather conditions, primarily in the first and second quarters; availability and cost of qualified restaurant personnel; changes in consumer tastes; changes in consumer behavior based on publicity or concerns relating to food safety or food-borne illnesses; effectiveness of our expansion plans; changes in minimum wage rates; changes in food commodity prices; completion of merger or acquisitions and successful integration of those transactions; and changes in applicable accounting policies and practices. The foregoing list of important factors is not intended to be all- inclusive as other general market, industry, economic, and political factors may also impact our operations. Readers are cautioned not to place undue reliance on our forward-looking statements, as we assume no obligation to update forward-looking statements.

SOURCE The Steak n Shake Company

/CONTACT: Jeffrey A. Blade of The Steak n Shake Company, +1-317-633-4100, Jeff.blade@steaknshake.com /

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