ALL VOTES ARE IN: THE PALM PASSES THEIR SPRING DINING STIMULUS PLAN

Legendary Restaurant Rolls Out a Value Driven Dining Package with its $17 Business Lunch and $39 Steak Dinner

(WASHINGTON, D.C.; April 7, 2009) --- The Palm Restaurant Group (www.thepalm.com) announced today the roll out of their “Spring Dining Stimulus Plan” with an all-new Business Lunch Menu and $39 Biggest Steak dinner, available at Palm Restaurants nationwide.

Renowned as the restaurant to “seal the deal”, lawyers, politicians, and businessmen and women alike have long chosen The Palm as their fine dining “meeting room” to schmooze and network with colleagues, partners, and clients. The all-new Business Lunch Menu offers diners, now challenged with decreased budgets and limited expense accounts, a value menu without compromising the size and quality of ingredients The Palm is known for.

“In appreciation of the long-standing loyalty of our business and social diners, we’re offering two great menus at a great value – our own ‘economic relief package’ for our guests to continue celebrating at The Palm with family, friends and colleagues,” said John Bettin, CEO of The Palm Restaurant Group.

The Business Lunch, priced between $17 and $22 depending on the location, includes choices of:

STARTER
Mixed Green Salad, Caesar Salad or Soup of the Day

ENTRÉE
Twin Tenderloin Filets, Blackened Steak Salad, Chicken Parmigiana, Chef’s Fresh Fish of the Day, or a Palm Burger.

Served with Palm’s Signature Half and Half – cottage fries and fried onions

DESSERT
New York Cheesecake or Key Lime Pie

The Palm is also premiering its Biggest & Best Steak Dinner offer. Guests will enjoy choice of

STARTER
Mixed Green Salad
Caesar Salad
Monday Night Salad – finely chopped romaine, iceberg, tomato, onion, roasted pepper, radish, scallion and anchovy
Lobster Bisque – brandy, cream and fresh lobster meat

ENTREE
14 ounce Filet Mignon – choice of sauce: brandy peppercorn, port wine demi-glace, or classic bordelaise
9 ounce Filet Mignon Oscar – jumbo lump crabmeat, asparagus, fresh tarragon and hollandaise sauce
Wild Alaskan Halibut

Served with any Palm Signature Side

The Biggest & Best Steak Dinner Menu is offered all for only $39 per person and available at all Palm locations nationwide, through May 31, 2009.

Year of the Lobster
Earlier this year, the company announced enormous savings on their signature jumbo Nova Scotia Lobster. In celebration of The Palm’s Year of the Lobster, 3lb lobsters are priced at $62, and only $12 for each additional pound (savings of almost half what other fine dining establishments are charging). Guests are invited to join in the celebration of 40 years of serving the finest lobsters with a year long of special offers. Please visit www.thepalm.com/lobster for more details.

About The Palm
The Palm Restaurant proudly serves USDA prime-aged beef, fresh jumbo Nova Scotia lobster and premium seafood cooked to perfection with service and atmosphere like nowhere else. Known as the "place to see and be seen," the famed walls of each Palm are adorned with the caricatures of celebrities, politicians and socialites who make up its impressive customer base. Through four generations, the two families who opened the original Palm in 1926 on the East side of Manhattan have maintained co-ownership of the restaurant company. The Palm currently has more than 25 restaurants across the United States, Mexico and Puerto Rico, including its newest location in Tribeca, New York City. For more information on The Palm, visit www.thepalm.com.