Ruby Tuesday Names Rockwell Its Finance VP

Business Wire, May 29, 2008

MARYVILLE, Tenn. -- Ruby Tuesday, Inc. (NYSE: RT) announced today that Steve Rockwell, a Wall Street veteran with more than 25 years of experience in financial analysis and management, has been named its Vice President of Finance.

Rockwell will direct investor relations, financial planning and banking functions for the company and serve as an executive on the Finance team, led by Chief Financial Officer Margie Duffy.

"Steve brings so much talent, skill, and experience to our company," said Sandy Beall, Ruby Tuesday founder, Chief Executive Officer, and Chairman. "He has a thorough understanding of our industry and is well respected on Wall Street and by the nation's banking and financial service firms. He adds depth and strength to our already-strong financial team, and we are fortunate to have him here."

Prior to joining Ruby Tuesday, Rockwell was a portfolio manager and analyst at Brown Advisory, Director of Research at regional banking firm Ferris Baker Watts, and a Managing Director and Senior Research Analyst at Alex. Brown & Sons for nearly 20 years, where he spearheaded the firm's restaurant practice. He holds a BS degree in economics from the Wharton School of the University of Pennsylvania and earned a CFA (Certified Financial Analyst) designation in 1981.

About Ruby Tuesday

Ruby Tuesday was founded in 1972, when current Chairman and CEO Sandy Beall opened the first restaurant near the University of Tennessee. The company has grown to over 900 company-owned and franchise Ruby Tuesday brand restaurants in 45 states, the District of Columbia, Puerto Rico, Guam, and 11 foreign countries.