Ark Restaurants Corp. acknowledges receipt of a February 14, 2013 letter
from Landry's, Inc. As Ark has previously stated, the board of directors
of Ark is reviewing the Landry's proposal and will respond to it in a
time and manner consistent with its legal and fiduciary duties. Duff &
Phelps Corporation is serving as financial advisors and Fried, Frank,
Harris, Shriver & Jacobson LLP is serving as legal advisors to Ark to
assist it in its review of the proposal.