Press Releases 1999
For Immediate Release
Contact: James K. Zielke
(316) 634-0505
NASDAQ: TENT

July 13, 2000
Total Entertainment Restaurant Corp.
Second Quarter Earnings and News Release

WICHITA, KANSAS -- Total Entertainment Restaurant Corp. announced record restaurant operating profit for the 12-week second quarter ended June 13, 2000.

Second quarter sales were $12,006,000 compared with $12,796,000 for the same quarter last year. Comparable store sales increased 1.7% for the second quarter and 2.1% year-to-date.
Restaurant operating income for the quarter increased 11.3% to $1,677,000 compared with $1,507,000 for the same quarter last year. Net income was $295,000 for the quarter or $0.03 per share compared with net income of $129,000 or $0.01 per share for the same period a year ago.

Steve Johnson, Chief Executive Officer, stated, "We are very pleased to report our fifth straight quarter of positive same store sales on units opened 18 months. We were also able to increase restaurant operating income 220 basis points."

During the second quarter the Company repurchased 110,900 shares of its common stock. The Company has repurchased 1,053,429 shares of its common stock under the 1,500,000 share repurchase plan authorized by the Board of Directors.

Fiscal year 2000 development plans call for the opening of up to three new units. Four leases have been executed and three units are currently under non-binding letters of intent to lease with pending contingencies.

The Company currently operates 35 entertainment restaurants in 33 markets under the names Fox and Hound English Pub & Grille, Bailey's Sports Grille, and Bailey's Pub & Grille.

This Press Release contains certain forward-looking statements of the Company within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements contained in the Press Release will prove to be accurate.