Granite City Food & Brewery

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Granite City Food & Brewery to Announce Second Quarter Results August 1, 2006

MINNEAPOLIS, July 20, 2006 - Granite City Food & Brewery Ltd. (Nasdaq,Capital Market: GCFB) today announced that it will release second quarter 2006 financial results on Tuesday, August 1, 2006 before the market opens. Management will discuss such results via a conference call later that day at 2:00 pm Central Time (3:00 pm Eastern Time). Listeners may access the call by dialing 1-800-479-1628. A replay of the call will be available for 30 days and listeners may access that call by dialing 1-888-203-1112 and entering replay code # 3065487.

Granite City Food & Brewery Ltd. currently operates 14 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. Its first Granite City opened in St. Cloud, MN in June 1999. Subsequently, the company opened restaurants in Sioux Falls, SD, Fargo, ND, Des Moines, Cedar Rapids and Davenport, IA, Lincoln, NE, Maple Grove and Eagan, MN, East and West Wichita, Kansas City and Olathe, KS, and Kansas City, MO.

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





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