Flanigan's Reports 3rd Quarter Earnings

                                  For the 13 weeks          For the 13 weeks

                                   ended June 27,            ended June 28,

                                       2009                     2008

                                  ----------------         ----------------

  REVENUES

  --------



  RESTAURANT FOOD AND BAR SALES      $  13,189,000           $   12,528,000

  PACKAGE STORE SALES                    2,925,000                2,842,000

  FRANCHISE RELATED REVENUES               298,000                  273,000

  OWNER'S FEE                               40,000                   68,000

  OTHER OPERATING INCOME                    39,000                   54,000

                                     -------------            -------------

  TOTAL REVENUES                     $  16,491,000           $   15,765,000



                                        ==========              ===========



  NET INCOME                         $     311,000(1)        $      336,000

                                        ==========              ===========

  NET INCOME PER COMMON SHARE

    Basic                            $        0.17           $         0.18

                                      ============              ===========

    Diluted

                                     $        0.17           $         0.18



                                      ============              ===========







                                   For the 39 weeks        For the 39 weeks

                                    ended June 27,          ended June 28,

                                        2009                    2008

                                   ----------------        ----------------



  RESTAURANT FOOD AND BAR SALES      $  39,628,000           $  37,831,000

  PACKAGE STORE SALES                    9,788,000               9,673,000

  FRANCHISE RELATED REVENUES               842,000                 815,000

  OWNER'S FEE                              129,000                 183,000

  OTHER OPERATING INCOME                   114,000                 150,000

                                     -------------           -------------

  TOTAL REVENUES                     $  50,501,000           $  48,652,000

                                       ===========              ==========



  NET INCOME                         $   1,167,000(2)(3)     $     991,000

                                     =============              ==========



  NET INCOME PER COMMON SHARE



    Basic                            $       0.62            $        0.52

                                     ============               ==========



    Diluted                          $       0.62            $        0.52

                                    =============              ===========





  1. Includes $18,000 adjustment to deferred tax asset.

  2. Includes $140,000 adjustment to deferred tax asset.



  3. Includes after tax gain of $106,000 from payment of balance of claim in

     liquidation proceedings of former insurance company plus interest.

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