NEW YORK, March 14, 2003 /PRNewswire-FirstCall/ —
The Smith & Wollensky Restaurant Group, Inc. (Nasdaq: SWRG) announced today that its new Dallas restaurant will open for business on March 17th on the
North Dallas Parkway at the Frankford exit.

Smith & Wollensky Dallas features the prime steaks, extensive wine selection, stunning decor, and exceptional service for which the original New York City steakhouse is famous. The new restaurant has a seating capacity of 300 people — plus 60 seats outdoors for those customers who prefer to dine under the stars.

The new Dallas restaurant offers the traditional Smith & Wollensky menu, including dry-aged steaks and desserts prepared in-house by award winning pastry chefs. Menu highlights include Bone-in Kansas City Cut, Prime Rib, 16 oz. Filet Mignon, Live Maine Lobster weighing in at two to five pounds, Mustard  rusted Tuna, Creamed Spinach and Wollensky’s Famous Split Pea Soup. The restaurant will also feature a bar menu, with lighter fare and lower price points.

Smith & Wollensky’s wine list includes up to 650 selections, including wines from Robert Mondavi, Silver Oak, and Far Niente, with a 5,000-bottle cellar. The wine list is highlighted by fifty 1997 California Cabernets, a vintage that has been described by wine experts as California’s “Vintage of the Century.”

“We are very excited to be opening a Smith & Wollensky in Dallas, a city known for its high standards and discriminating taste for quality beef and fine cuisine,” said Alan Stillman, Chairman and CEO of Smith & Wollensky Restaurant Group. “We have put together a team of restaurant professionals that I am confident will provide Dallasites with a terrific dining experience. I am really excited and honored to join this community of spectacular restaurants and great people.”

General Manager Darren McDonald and Executive Chef Tommy Elbashary will lead the restaurant. Chef Elbashary, a twenty-year veteran of steakhouses, has worked at Smith & Wollensky restaurants in New York, Las Vegas, Washington, D.C. and Philadelphia. “Smith & Wollensky is renowned for its dry-aging  process,” said Chef Elbashary. “Smith & Wollensky has a sophisticated menu that will appeal to all palettes. In addition to our world famous steaks, we offer outstanding seafood, flown in fresh daily, including one of David Burke’s signature dishes, The Angry Lobster. We also serve a Crackling Pork Shank, which was named USA Today’s Dish of the Year in 1997.”

In addition to its fine food, Smith and Wollensky offers a unique dining atmosphere. The vintage, green and white exterior of the restaurant is similar to the original in New York. The 300-seat interior, created by Haverson Architecture and Design of Greenwich, Connecticut, is an elegant and gracious presentation of the classic New York steakhouse while incorporating fireplaces, made of native Texas desert sandstone, which give the restaurant a Texas feel. The walls of the Dallas restaurant are treated with Venetian plaster in butter and tea tones, to give the restaurant a warm and vibrant quality.

Like all other Smith & Wollensky restaurants, the Dallas establishment has a unique Americana decor that consists of American folk art, hand-selected by Alan Stillman. The restaurant has a total of five dining rooms, four of which can be reserved for private affairs.

The restaurant will serve dinner from 4:00 PM – Midnight, Sunday through Friday, and 5:00 PM – 1:00 AM on Saturdays. For reservations, please call 972-930-9200.

About Smith & Wollensky Restaurant Group:
The Smith & Wollensky Restaurant Group develops, owns and operates high-end, high-volume restaurants in major cities across the United States.
The original Smith & Wollensky, a traditional New York steakhouse, opened in 1977 and is currently the largest-grossing a la carte restaurant in the
country. Since its inception, the company has grown to include
16 restaurants, including Smith & Wollensky in New York, Miami Beach, Chicago,New Orleans, Las Vegas, Washington, D.C., Philadelphia, Columbus  and Dallas. SWRG also operates seven other restaurants in New York and Chicago, including Cite, Maloney & Porcelli, Manhattan Ocean Club, Mrs. Park’s Tavern, ONEc.p.s., Park Avenue Cafe and The Post House.

This news release contains forward-looking statements. Such forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified and certain of which are discussed from time to time in the Company’s filings with the Securities and Exchange Commission. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements.

SOURCE Smith & Wollensky Restaurant Group, Inc.

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