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PR Newswire
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Luby's Announces 2010 Fourth Quarter and Fiscal Year Earnings Release & Conference Call Schedule

HOUSTON, Oct. 22 /PRNewswire-FirstCall/ -- Luby's, Inc. announced today that it will release its fourth quarter and fiscal year end results on Thursday, October 28, 2010 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 28, 2010 at 4:00 p.m. Central time.

What: Luby's Fiscal Fourth Quarter 2010 Earnings Conference Call When: Thursday, October 28, 2010 at 4:00 p.m. Central time Live via phone --By dialing 480-629-9031 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 How: address below http://www.lubys.com/ --the webcast can be accessed from the Where: investor relations' home page

For those who cannot listen to the live call, a replay will be available through November 2, 2010 and may be accessed by dialing (303) 590-3030 and using pass code 4373076#. Also, an archive of the webcast will be available shortly after the call at http://www.lubys.com/ for 90 days.

About Luby's

Luby's, Inc. operates restaurants under the brands Luby's and Fuddruckers. Its 96 Luby's restaurants are located throughout Texas and other states. Its Fuddruckers restaurants include 59 company-operated locations and 130 franchises across the United States and in various countries. Luby's Culinary Services provides food service management to 18 sites consisting of healthcare, higher education and corporate dining locations.

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&L / 713-529-6600 Ken Dennard / Sheila Stuewe Investor Relations (Logo: http://photos.prnewswire.com/prnh/20100817/DA51671LOGO-b) (Logo: http://www.newscom.com/cgi-bin/prnh/20100817/DA51671LOGO-b)

Luby's, Inc.

CONTACT: Investor Relations, Ken Dennard or Sheila Stuewe, both of
DRG&L, +1-713-529-6600, for Luby's, Inc.

Web Site: http://www.lubys.com/

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