Luby's Announces Fiscal Fourth Quarter Earnings Release & Conference Call Schedule

• Press Release
• Source: Luby's, Inc.
• On 6:00 am EDT, Thursday October 8, 2009

HOUSTON, Oct. 8 /PRNewswire-FirstCall/ -- Luby's, Inc. (NYSE: LUB - News) announced today that it will release fiscal fourth quarter 2009 results on Thursday, October 15, 2009 after the market closes. In conjunction with the release, Luby's has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, October 15, 2009 at 4:00 p.m. central time.

    What:     Luby's Fiscal Fourth Quarter 2009 Earnings Conference Call

    When:     Thursday, October 15, 2009 at 4:00 p.m. central time

    How:      Live via phone -- By dialing 480-629-9722 and asking for the
               Luby's conference call at least 10 minutes prior to the start
               time, or
              Live over the Internet -- By logging onto the web at the
               address below

    Where:    http://www.lubys.com -- the webcast can be accessed from the
               investor relations' home page

For those who cannot listen to the live call, a replay will be available through October 22, 2009 and may be accessed by dialing (303) 590-3030 and using pass code 4166310#. Also, an archive of the webcast will be available shortly after the call at www.lubys.com for 90 days.

About Luby's

Luby's operates restaurants in Austin, Dallas, Houston, San Antonio, the Rio Grande Valley and other locations throughout Texas and other states. Luby's provides its customers with quality home-style food, value pricing, and outstanding customer service. Luby's Culinary Services provides food service management to 15 sites consisting of healthcare, higher education and corporate dining services.

The Company wishes to caution readers that various factors could cause its actual financial and operational results to differ materially from those indicated by forward-looking statements made from time to time in news releases, reports, proxy statements, registration statements, and other written communications, as well as oral statements made from time to time by representatives of the Company. Any statements made in this news release and in such oral and written communications other than historical statements, including statements regarding the expected financial performance of the Company's prototype restaurant, the execution of the Company's strategic plan, and future openings of new or replacement restaurants are forward-looking statements. Forward-looking statements involve risks and uncertainties, including but not limited to general business conditions, the impact of competition, the success of operating initiatives, changes in the cost and supply of food and labor, the seasonality of the Company's business, taxes, inflation, governmental regulations, and the availability of credit, as well as other risks and uncertainties disclosed in the Company's periodic reports on Form 10-K and Form 10-Q.

    For additional information contact:

    DRG&E / 713-529-6600
    Ken Dennard / Sheila Stuewe
    Investor Relations

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