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BJ's Restaurants, Inc. to Present at the 15th Annual ICR XChange Investor Conference and Provides a Business Update

BJ's Restaurants, Inc. to Present at the 15th Annual ICR XChange Investor
Conference and Provides a Business Update

HUNTINGTON BEACH, Calif., Jan. 10, 2013 (GLOBE NEWSWIRE) -- BJ's Restaurants,
Inc. (Nasdaq:BJRI) today announced that Company management will be presenting
at the 15^th Annual ICR XChange Conference at the Fontainebleau Hotel in
Miami, Florida. The Company's presentation is scheduled to begin at
approximately 11:55am (Eastern) on Wednesday, January 16, 2013, and will be
broadcast live over the Internet.Interested parties may listen to the
presentation at the Company's website located at
http://www.bjsrestaurants.com. The presentation can be accessed by clicking on
the "Investors" link from the Company's home page followed by the
"Presentation" link. An archive of the webcast will be available following the
live presentation.

The Company also reported preliminary, unaudited revenues of approximately
$184.8 million for the 13-week fourth quarter of fiscal 2012 that ended on
Tuesday, January 1, 2013, compared to $171.8 million for last year's 14-week
fourth quarter.The additional week in the fourth quarter of fiscal 2011
contributed approximately $13.9 million of incremental sales.Comparable
restaurant sales increased approximately 3.0% during the fourth quarter of
fiscal 2012, successfully hurdling a 5.1% increase for the same quarter last
year (13 weeks versus 13 weeks).As in prior years, final financial results
for the fourth quarter and full fiscal year of 2012 are currently expected to
be released in mid-February 2013 after the completion of the Company's annual
independent audit.

"We continue to be pleased with the top-line results from both our comparable
restaurants and our newer restaurants, particularly in light of the continuing
volatile and choppy environment for retail and restaurant sales in general,"
said Jerry Deitchle, BJ's Chairman and CEO."Our sales comparisons were quite
choppy during the quarter, especially during the first three weeks of the
holiday season.As expected, the uneven and less-predictable sales volumes
made it more challenging for our restaurant operators to optimize their
bottom-line results.Having said that, there is little to no opportunity to
optimize performance without the sales, and at BJ's we continue to be sales
builders first and foremost.Our 3.0% comparable sales increase for the fourth
quarter just ended represents our 12^th consecutive quarter of positive
comparisons on that metric."

As previously announced, Gregory A. (Greg) Trojan was appointed President and
a Director of the Company effective December 3, 2013, and will succeed
Deitchle as CEO effective February 1, 2013.Deitchle will continue as Chairman
of the Company's Board of Directors."Greg has been enthusiastically welcomed
by the entire BJ's team, and his on-boarding process has been very smooth and
productive. We have solid confidence in Greg's ability to continue leading
BJ's expansion as a national restaurant company and consumer brand," commented
Deitchle.Trojan, Deitchle and Greg Levin, BJ's Executive Vice President and
CFO, will represent the Company at the upcoming ICR XChange Conference.

During the fourth quarter and full fiscal year of 2012, the Company
successfully opened five and 16 new BJ's restaurants, respectively, including
one relocated restaurant."We continue to remain solidly confident in our
ability to deliver high quality, low double-digit capacity growth during both
2013 and 2014, as measured in total restaurant operating weeks," said
Deitchle. The Company's new restaurant development pipeline for 2013
currently contemplates the opening of as many as 17 new restaurants, including
the relocation of one of our smaller, legacy format BJ's Pizza & Grill
locations. "Our new restaurant development pipeline for 2013 is in excellent
shape with solid visibility, and our development team is well underway in
building a solid pipeline of high quality locations for potential 2014
restaurant openings," said Deitchle. "With only 130 restaurants currently open
in 15 states and with estimated room for at least 425 large-format "Brewhouse"
restaurants domestically; we believe that the majority of BJ's growth remains
well ahead of us."Investors are reminded that the actual number and timing of
new restaurant openings are subject to a number of factors outside of the
Company's control, including weather conditions and factors under the control
of landlords, contractors and regulatory/licensing authorities.

BJ's Restaurants, Inc. currently owns and operates 130 casual dining
restaurants under the BJ's Restaurant & Brewery®, BJ's Restaurant &
Brewhouse®, BJ's Pizza & Grill® and BJ's Grill™ brand names. BJ's restaurants
offer an innovative and broad menu featuring award-winning, signature
deep-dish pizza complemented with generously portioned salads, appetizers,
sandwiches, soups, pastas, entrees and desserts. Quality, flavor, value,
moderate prices and sincere service remain distinct attributes of the BJ's
experience. The Company operates several microbreweries in addition to using
qualified contract brewers to produce and distribute BJ's critically acclaimed
proprietary handcrafted beers throughout the chain. The Company's restaurants
are located in Arizona (6), California (61), Colorado (4), Florida (11),
Indiana (1), Kansas (1), Kentucky (1), Louisiana (1), Nevada (5), Ohio (3),
Oklahoma (2), Oregon (3), Texas (28), Washington (2) and New Mexico (1). Visit
BJ's Restaurants, Inc. on the Web at http://www.bjsrestaurants.com.

Certain statements in the preceding paragraphs and all other statements that
are not purely historical constitute "forward-looking" statements for purposes
of the Securities Act of 1933 and the Securities and Exchange Act of 1934, as
amended, and are intended to be covered by the safe harbors created thereby.
Such statements include, but are not limited to, those regarding expected
comparable restaurant sales growth in future periods, the success of various
sales-building and productivity initiatives, future guest traffic trends and
the number and timing of new restaurants expected to be opened in future
periods. These "forward-looking" statements involve known and unknown risks,
uncertainties and other factors which may cause actual results to be
materially different from those projected or anticipated. Factors that might
cause such differences include, but are not limited to: (i) the effect of
credit and equity market disruptions on our ability to finance our continued
expansion on acceptable terms, (ii) our ability to manage an increasing number
of new restaurant openings, (iii) construction delays, (iv) labor shortages,
(v) increase in minimum wage and other employment related costs, (vi) food
quality and health concerns, (vii) factors that impact California, where 61 of
our current 130 restaurants are located, (viii) restaurant and brewery
industry competition, (ix) impact of certain brewery business considerations,
including without limitation, dependence upon suppliers, third party
contractors and related hazards, (x) consumer spending trends in general for
casual dining occasions, (xi) potential uninsured losses and liabilities,
(xii) fluctuating commodity costs and availability of food in general and
certain raw materials related to the brewing of our handcrafted beers and
energy, (xiii) trademark and service-mark risks, (xiv) government regulations,
(xv) licensing costs, (xvi) beer and liquor regulations, (xvii) loss of key
personnel, (xviii) inability to secure acceptable sites, (xix) limitations on
insurance coverage, (xx) legal proceedings, (xxi) other general economic and
regulatory conditions and requirements, (xxii) the success of our key
sales-building and related operational initiatives and (xxiii) numerous other
matters discussed in the Company's filings with the Securities and Exchange
Commission, including its recent reports on Forms 10-K, 10-Q and 8-K. The
"forward-looking" statements contained in this press release are based on
current assumptions and expectations and BJ's Restaurants, Inc. undertakes no
obligation to update or alter its "forward-looking" statements whether as a
result of new information, future events or otherwise.

CONTACT: Greg Levin of BJ's Restaurants, Inc.
         (714) 500-2400

BJ's Restaurants, Inc.
 
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