Ignite Restaurant Group Completes Acquisition of Romano’s Macaroni Grill

  Ignite Restaurant Group Completes Acquisition of Romano’s Macaroni Grill

               David Catalano Named President of Macaroni Grill

Business Wire

HOUSTON -- April 9, 2013

Ignite Restaurant Group (Nasdaq: IRG) today announced that it has completed
the previously announced acquisition of Romano’s Macaroni Grill (“Macaroni
Grill”) for approximately $55.0 million in an all-cash transaction from
private equity firm Golden Gate Capital, management and investors. The
acquisition includes 186 company-owned and five franchised restaurants across
36 states as well as 19 additional franchised units throughout nine U.S.
territories and foreign countries.

“We are pleased to have closed on the acquisition of Macaroni Grill and add
such an iconic brand to the Ignite Restaurant Group portfolio,” stated Ray
Blanchette, Chief Executive Officer of Ignite Restaurant Group. “With a
similar operating format, Macaroni Grill is an ideal fit with our existing
polished casual restaurants. We believe our history of driving operational
improvement along with our brand management and real estate portfolio
strengths provide the opportunity to drive significant shareholder value over
time. We are delighted to be expanding our restaurant portfolio and we welcome
all of our new team members and associates to the Ignite family.”

The company also announced that David Catalano has been named President of
Macaroni Grill. Mr. Catalano has 25 years of experience in the casual dining
and hospitality industry, most recently as Chief Operating Officer for Rave
Cinemas. He also served as Chief Operating Officer for Apple Gold, an
Applebee’s franchisee with approximately 70 locations, Chief Operating Officer
for Hard Rock Café and spent 15 years with TGI Fridays holding a variety of
leadership positions including Vice President of Operations.

Blanchette added, “David is a seasoned executive whose track record of
operational and strategic leadership will be an asset not only for guiding the
Macaroni Grill brand, but to the entire Ignite organization. The addition of
David to our team completes our new organizational structure, which will allow
us to lever the synergies of being a multi-concept company without distracting
the operations teams from growing their respective brands and delivering an
exceptional guest experience.”

About Ignite Restaurant Group

Ignite Restaurant Group, Inc. now owns and operates 131 Joe's Crab Shacks,186
Romano’s Macaroni Grills and 15 Brick House Tavern + Taps. Ignite also
franchises 5 Romano’s Macaroni Grills in the United States and 19 units
throughout the U.S. territories and foreign countries. Each brand offers a
variety of high-quality, chef-inspired food and beverages in a distinctive,
casual, high-energy atmosphere.

Cautionary Note Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of
the federal securities laws. Forward-looking statements are subject to known
and unknown risks and uncertainties, many of which may be beyond the Company’s
control. The Company cautions you that the forward-looking information
presented in this press release is not a guarantee of future events, and that
actual events and results may differ materially from those made in or
suggested by the forward-looking information contained in this press release.
In addition, forward-looking statements generally can be identified by the use
of forward-looking terminology such as “may,” “plan,” “seek,” “comfortable
with,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or
“continue” or the negative thereof or variations thereon or similar
terminology.

A number of important factors could cause actual events and results to differ
materially from those contained in or implied by the forward-looking
statements included in this press release, including the risk factors
discussed in the Company’s Form 10-K for the year ended December 31, 2012
(which can be found at the SEC’s website www.sec.gov) and each such risk
factor is specifically incorporated into this press release. Any
forward-looking information presented herein is made only as of the date of
this press release, and the Company does not undertake any obligation to
update or revise any forward-looking information to reflect changes in
assumptions, the occurrence of unanticipated events, or otherwise.

Contact:

Investor Relations
ICR
Fitzhugh Taylor, 203-682-8261
fitzhugh.taylor@icrinc.com
or
Media Relations
ICR
Liz Brady DiTrapano, 646-277-1226
liz.brady@icrinc.com