Granite City Food & Brewery
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Granite City Restaurant features a full Bar and Brewery and has a growing amount of Restaurant and Bar locations in Cedar Rapids, Clive, Creve Coeur, Davenport, Eagan, East Peoria, Fargo, Fort Wayne, Kansas City, Lincoln, Madison, Maple Grove, Olathe, Omaha, Orland Park, Rockford, Rogers, Roseville, Sioux Falls, St. Cloud, St. Louis Park, Toledo, West Wichita, Wichita, Indianapolis, and South Bend.



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Granite City Food & Brewery Ltd. to Hold Conference Call to Discuss Fourth Quarter 2006 Results and Recent Equity Financing on March 13, 2007

MINNEAPOLIS March 9, 2007 - Granite City Food & Brewery Ltd. (Nasdaq: GCFB) today announced that it will host a conference call on Tuesday, March 13, 2007 to discuss its fourth quarter 2006 financial results and its recent sale of common stock in a private placement transaction. The call will take place at 10am Central Time and may be accessed by dialing 1-800-891-5314 and referencing code #4260677.

Granite City Food & Brewery Ltd. is a Modern American upscale casual restaurant chain that operates 18 restaurants in eight Midwestern states. The menu features affordable yet high quality family favorite menu items prepared from made-from-scratch recipes and served in generous portions. The sophisticated yet unpretentious restaurants, proprietary food and beverage products, attractive price points and high service standards combine for a great dining experience. Granite City opened its first restaurant in St. Cloud, Minnesota in 1999.

CONTACT:
Peter Hausback
Chief Financial Officer
(952) 215-0674




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