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Granite City Food & Brewery to Present at the Stephens Inc. Consumer Conference - Rescheduled to 3:00 p.m. E.T. Due to Inclement Weather

Minneapolis, MN, March 14, 2006 - Steven Wagenheim, President and Chief Executive Officer of Granite City Food & Brewery Ltd. (Nasdaq Capital Market: GCFB) will present at the Stephens Inc. 2006 Consumer Conference in New York City on March 14, 2006 at the Waldorf-Astoria Hotel. The presentation by Granite City has been rescheduled to 3:00 p.m. ET today, Tuesday, March 14, 2006 due to inclement weather in the Twin Cities area. The Company's presentation will be available via live webcast and available for replay for 90 days at: .

Granite City Food & Brewery Ltd. currently operates twelve Granite City Food & Brewery casual dining restaurants featuring made-from-scratch food and handcrafted beers. Its broad menu offers traditional and regional foods served in generous portions at reasonable prices, affording guests an excellent value and great dining experience. The Company's first Granite City location, in St. Cloud, MN, opened in June 1999. Subsequently, the Company opened restaurants in Sioux Falls, SD, Fargo, ND, Des Moines, IA, Cedar Rapids, IA, Davenport, IA, Lincoln, NE, Maple Grove, MN, Wichita, KS, Eagan, MN, Kansas City, MO, and Kansas City, KS.

CONTACT:
Daniel H. Bauer
Chief Financial Officer
(952) 215-0660




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