Diversified Restaurant Holdings to Open New Bagger Dave's Legendary Burger Tavern(R) in Downtown Detroit

Diversified Restaurant Holdings to Open New Bagger Dave's Legendary Burger
Tavern(R) in Downtown Detroit

SOUTHFIELD, Mich., Nov. 29, 2012 (GLOBE NEWSWIRE) -- Diversified Restaurant
Holdings, Inc. (OTCQB:DFRH) ("DRH" or the "Company"), the owner, operator, and
franchisor of the unique, full-service, ultra-casual restaurant and bar Bagger
Dave's Legendary Burgers Tavern^® ("Bagger Dave's") and the largest franchisee
for Buffalo Wild Wings^® ("BWW"), announced today it has signed a long-term
lease for a new Bagger Dave's in Downtown Detroit, which is scheduled to open
in 2013.

"We are always looking for opportunities to expand our brand and introduce our
great-tasting food and unique guest experience to new markets," stated T.
Michael Ansley, President and CEO."There has been so much energy and
positivity recently surrounding the revitalization and rebuilding of Downtown
Detroit, and moving forward with this site demonstrates our continued
commitment to the community and our belief in the City's revitalization
efforts.Importantly, the restaurant is going to be in an incredible location,
with close proximity to Ford Field, Comerica Park and Joe Louis Arena."

According to a recent New York Times article, in the last ten years Downtown
Detroit has experienced a 59 percent increase in the number of
college-educated residents under the age of 35, creating a culture of trendy
bars and restaurants.Also driving the revitalization efforts is Detroit's "15
by 15" initiative, a program focused on getting 15,000 young talented
households to Downtown by 2015.The new Bagger Dave's site will be located
adjacent to DRH's Downtown Detroit BWW, which is currently under construction
and will be one of the largest Buffalo Wild Wing's^® in the nation when it
opens in December of this year.

About Diversified Restaurant Holdings

Diversified Restaurant Holdings, Inc. ("DRH" or the "Company") is the owner,
operator, and franchisor of the unique, full-service, ultra-casual restaurant
concept, Bagger Dave's Legendary Burger Tavern^® ("Bagger Dave's") and the
largest Buffalo Wild Wings^® ("BWW") franchisee. Between the two concepts,
the Company currently operates 41 restaurants in Michigan, Florida, Illinois,
and Indiana, with an additional Bagger Dave's and two additional BWW
restaurants scheduled to open in 2012. Including these locations, and one
franchised Bagger Dave's in Missouri, the Company expects to have 45
restaurants by year's end.The Company routinely posts news and other
important information on its website at www.diversifiedrestaurantholdings.com.

Bagger Dave's offers a full-service, family-friendly restaurant and bar with a
casual, comfortable atmosphere. The menu features freshly-made burgers (never
frozen), accompanied by more than 30 toppings from which to choose fresh-cut
fries, hand-dipped milkshakes, and a selection of craft beer and wine.
Signature items include Sloppy Dave's BBQ^®, Train Wreck Burger^®, and Bagger
Dave's Amazingly Delicious Turkey Black Bean Chili^®. The Bagger Dave's
concept emphasizes local flair by showcasing historical photos of the city in
which each restaurant resides and features an electric train that runs above
the dining room and bar areas.Currently, there are ten corporate-owned
locations in the state of Michigan and one franchised location in
Missouri.The Company has an executed area development agreement to franchise
five additional Bagger Dave's in five states outside of Michigan.DRH is
approved to franchise Bagger Dave's in the states of Illinois, Indiana,
Kentucky, Michigan, Missouri, Ohio, and Wisconsin. For more information,
visit www.baggerdaves.com.

DRH operates 31 BWW restaurants: 14 in Michigan, nine in Florida, four in
Illinois and four in Indiana. The Company has opened 17 new BWW restaurants
in fulfillment of its 32-store Area Development Agreement ("ADA") with
franchisor Buffalo Wild Wings, Inc. (Nasdaq:BWLD). The remaining 15
restaurants under the ADA agreement, along with an additional franchise
agreement in Indiana, suggest that the Company will operate 47 BWW's by 2017.

Safe Harbor Statement

The information made available in this news release contains forward-looking
statements which reflect DRH's current view of future events, results of
operations, cash flows, performance, business prospects and opportunities.
Wherever used, the words "anticipate," "believe," "expect," "intend," "plan,"
"project," "will continue," "will likely result," "may," and similar
expressions identify forward-looking statements as such term is defined in the
Securities Exchange Act of 1934. Any such forward-looking statements are
subject to risks and uncertainties and the Company's actual growth, results of
operations, financial condition, cash flows, performance, business prospects
and opportunities could differ materially from historical results or current
expectations. Some of these risks include, without limitation, the impact of
economic and industry conditions, competition, food and drug safety issues,
store expansion and remodeling, labor relations issues, costs of providing
employee benefits, regulatory matters, legal and administrative proceedings,
information technology, security, severe weather, natural disasters,
accounting matters, other risk factors relating to our business or industry
and other risks detailed from time to time in the Securities and Exchange
Commission filings of DRH. Forward-looking statements contained herein speak
only as of the date made and, thus, DRH undertakes no obligation to update or
publicly announce the revision of any of the forward-looking statements
contained herein to reflect new information, future events, developments or
changed circumstances or for any other reason.

CONTACT: Investor Contact:
         Deborah K. Pawlowski
         Kei Advisors LLC
         Phone:  716.843.3908/ 716.843.3874
         Email: dpawlowski@keiadvisors.com
        
         Company Contact:
         David Burke
         Chief Financial Officer
         Phone: 248.223.9160
         Email: dgburke@baggerdaves.com
 
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