Western Sizzlin Corporation Mails Definitive Proxy Statement/Prospectus and Announces Notification to NASDAQ of Intent to Delist in Connection with the Merger

The Proxy Statement/Prospectus is being mailed, along with all documents incorporated therein by reference, to all holders of Western's common stock identified as of the close of business on February 17, 2010, which is the record date set by Western's board of directors as the record date for the determination of stockholders entitled to receive notice of and to vote at the special meeting of Western's stockholders relating to the proposed transaction.

At the special meeting, which will be held on March 22, 2010 at 1:30 p.m., local time, at the Plaza Club, located at 100 West Houston Street, Ste. 2100, San Antonio, Texas 78205, Western's stockholders will be asked to consider and vote on the adoption of the Agreement and Plan of Merger, dated as of October 22, 2009, among Steak n Shake, a wholly-owned subsidiary of Steak n Shake, and Western, which provides for a merger in which Western will become a private company and a wholly-owned subsidiary of Steak n Shake (the "Merger"). The Merger is expected to be completed as soon as practicable after the special meeting.