Famous Daves Third Quarter 2007 Earnings Release & Conference Call

MINNEAPOLIS–(BUSINESS WIRE)–Famous Dave’s of America, Inc. (NASDAQ:DAVE) will announce its 3rdQuarter 2007 earnings after market close October 31, 2007. The company is hosting a conference call, November 1, 2007, at 10:00 a.m. Central Time to discuss its third quarter 2007 financial results. There will be a live web-cast of the discussion through the Investor Relations section of Famous Dave’s web site at www.famousdaves.com.

A replay will be available for one week following the call by dialing 800-642-1687; Conference ID “21384353.”

Famous Dave’s of America, Inc. (NASDAQ:DAVE) develops, owns, operates and franchises barbeque restaurants. As of September 30, 2007, the company owned 41 locations and franchised 114 additional units in 35 states, and had signed development agreements for an additional 163 franchise locations. Its menu features award-winning barbequed and grilled meats, an ample selection of salads, side items, sandwiches, and unique desserts.

Statements in this press release that are not strictly historical, including but not limited to statements regarding the timing of our restaurant openings and the timing or success of our expansion plans, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, which may cause the company’s actual results to differ materially from expected results. Although Famous Dave’s of America, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to differ materially from Famous Dave’s expectation include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company’s SEC reports.