Investor Relations

The Cheesecake Factory Opens Its Second Atlanta Restaurant

May 26, 2000

CALABASAS HILLS, Calif., May 26 /PRNewswire/ -- The Cheesecake Factory Incorporated (Nasdaq: CAKE) announces the opening of its second restaurant in the Atlanta, Georgia market. Located in a new upscale addition to Perimeter Mall, the 10,500 square foot restaurant contains 282 interior seats and 70 patio seats.

"We are truly excited to open our second restaurant in the Atlanta market," said David Overton, Chairman and CEO. "Our first Atlanta restaurant opened in the Buckhead district in 1993 and has consistently ranked as one of the highest volume restaurants in our Company. We believe that our new location in Perimeter Mall has the potential to perform very strongly. We are delighted to bring The Cheesecake Factory concept to more consumers in the Atlanta market."

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are not guarantees of future performance and, therefore, should not place undue reliance on them. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. The Company undertakes no obligation to update any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements contained in the Company's filings with the Securities and Exchange Commission.

The Cheesecake Factory Incorporated operates 36 upscale, casual dining restaurants under The Cheesecake Factory(R) name that offer an extensive menu of more than 200 items with an average check of approximately $15.00. The Company also operates a bakery production facility that produces over 50 varieties of quality cheesecakes and other baked products for the Company's restaurants and for third-party foodservice operators and distributors. Grand Lux Cafe (R), the Company's upscale casual dining restaurant created for the Venetian Resort-Hotel-Casino in Las Vegas, Nevada, was opened in May 1999. The Company operates two self-service, limited menu foodservice operations under The Cheesecake Factory Express(R) name inside the DisneyQuest(TM) family entertainment concepts in Orlando, Florida and Chicago, Illinois. Additionally, the Company licenses three bakery cafe outlets to another foodservice operator under The Cheesecake Factory Bakery Cafe (R) name.

SOURCE Cheesecake Factory Incorporated
Web Site: http://www.thecheesecakefactory.com