Press Releases 1998
For Immediate Release
Contact: James K. Zielke
(316) 634-0505
NASDAQ: TENT

June 25, 1998
Total Entertainment Restaurant Corp.
Second Quarter Earnings and News Release

DALLAS,TEXAS -- Total Entertainment Restaurant Corp. announced record second quarter earnings and sales for the twelve weeks ended June 16, 1998.

Net income increased 636.9% for the second quarter to $327,000 or $.03 per share compared with $44,000 or $.01 per share for the second quarter last year.

Second quarter sales increased 42.9% to $5,704,000 compared with $3,993,000 for last year. Comparable store sales decreased 5.3% in the second quarter and 1.0% for the year.

Second quarter restaurant operating income increased 29.2% to $1,095,000 compared to $848,000 for last year.

One Fox & Hound English Pub and Grille unit was opened in Cleveland, Ohio during the second quarter and one unit has already been opened in Davenport, Iowa in the third quarter bringing the number of units opened this year to three. Development plans for 1998 call for twenty new units to be opened. Construction has begun on five units and leases have been signed on nine additional units. In order to fund new unit development, the Company has entered into a $6 million line of credit with Intrust Bank, N.A. and is currently negotiating a $20-25 million line of credit with several banks.

The Company also announced that Dennis L. Thompson has been elected to Vice Chairman of the Company and Chris Weinberg has been elected to Vice President of Operations. Mr. Thompson is the co-founder of the Bailey's Sports Grille concept and has served as a director of the Company since its inception. Mr. Weinberg was the Chief Operating Officer of Bailey's Sports Grille and most recently served the Company as a District Manager.

The Company currently operates nine Fox & Hound English Pub and Grilles and ten Bailey's Sports Grilles in eighteen markets.

This Press Release contains certain forward-looking statements 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.