Champps Entertainment, Inc. Enters into Partnership Agreements with Field Management

The General Managers selected for partnership have been among thetop performers for the sports bar restaurant chain. Each has purchaseda portion of the cash flow of the restaurant they currently operateand will subsequently earn 5% of the incremental cash flow for thenext seven years, and the opportunity to earn a large lump sum payoutat the end of the term of their agreement based on performance.

The new Managing Partners include Amy Adams in Addison, TX; BrianJames in Las Colinas, TX; Tim Klunk in Lennox, OH; Kevin O'Hare inIndianapolis; Tom McCabe in Westlake, OH; Donny Feinberg in King ofPrussia, PA; and James Rennie in Lansing, MI.

Market Partner Agreements provide similar opportunities forfinancial gain for the two Directors of Operations, Stan Ryback in theNortheast and Joe Gainor in the Midwest. Each Director has purchased aportion of the cash flow in the restaurants in their regions and willsubsequently receive 3% of cash flow for the next seven years and theopportunity for significant financial gain at the end of the term oftheir agreements based on the performance of the restaurants.

CEI believes the partnership program will increase profitabilityfor the company and has identified several additional candidates towhom it plans to offer partnership agreements.

Safe Harbor Statement

Certain statements made in this press release are forward-lookingstatements based on management's current experience and expectations.These forward-looking statements are made pursuant to the safe harborprovisions of the Private Securities Litigation Reform Act of 1995.Such statements involve certain risks and uncertainties that couldcause actual results to differ materially from those in theforward-looking statements. Such forward-looking statements includestatements regarding our strategic initiatives; new management teammembers; improved profitability and cash flow; revenues; stockcompensation expenses; and restaurant openings, among others. Amongthe factors that could cause future results to differ materially fromthose provided in this press release are: the ability of the Companyto open and operate additional restaurants profitably, the ability ofthe Company to successfully implement our strategic initiatives toimprove revenues and profitability, the ability of the company's newmanagement team to implement new strategic initiatives successfully;the impact of intense competition in the casual dining restaurantindustry, the Company's ability to control restaurant operating costs,which are impacted by commodity prices, minimum wage and otheremployment laws, fuel and energy costs, consumer perceptions of foodsafety, changes in consumer tastes and trends, and general businessand economic conditions. Information on significant potential risksand uncertainties that may also cause such differences include, butare not limited to, those mentioned by the Company from time to timein its filings with the SEC. The words "may," "believe," "estimate,""expect," "plan," "intend," "project," "anticipate," "should" andsimilar expressions and variations thereof identify certain of suchforward-looking statements, which speak only as of the dates on whichthey were made. The Company undertakes no obligation to publiclyupdate or revise any forward-looking statements, whether as a resultof new information, future events, or otherwise. Readers are cautionedthat any such forward-looking statements are not guarantees of futureperformance and involve risks and uncertainties, and, therefore,readers should not place undue reliance on these forward-lookingstatements.