>Ark Restaurants Announces First Quarter Financial Results

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>NEW YORK, New York — February 12, 2010 — Ark Restaurants Corp. (NASDAQ: ARKR) today reported financial results for the first quarter ended January 2, 2010.

Total revenues for the three-month period ended January 2, 2010 were $25,576,000 versus $26,792,000 in the three months ended December 27, 2008.

EBITDA, as adjusted for non-cash stock option expense and non-controlling interests for the three-month period ended January 2, 2010, was $59,000 versus $1,963,000 during the same three-month period last year. The Company’s net loss for the three-month period ended January 2, 2010 was $723,000, or $0.21 per basic and diluted share, as compared to net income of $847,000, or $0.24 per basic and diluted share, for the same three-month period last year.

Company-wide same store sales decreased 4.4% compared to the same period last year

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