Centerbridge Partners Extends Offer to Acquire P.F. Chang's China Bistro, Inc. Until 5:00 p.m. Today

In connection with the previously announced agreement to acquire P.F. Chang's China Bistro, Inc. PFCB (“P.F. Chang's” or the “Company”), Centerbridge Partners, L.P. (“Centerbridge”) and P.F. Chang's today announced that Wok Acquisition Corp. (“Purchaser”) has extended the expiration of its tender offer to acquire all of the outstanding shares of P.F. Chang's common stock for $51.50 net per share in cash, without interest and less any required withholding taxes, to 5:00 p.m., New York City time, today, Friday, June 29, 2012, unless further extended. The tender offer was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Thursday, June 28, 2012. All other terms and conditions of the tender offer remain unchanged, including, without limitation, the tender of at least 83% of the outstanding shares of P.F. Chang's (not including shares tendered pursuant to notices of guaranteed delivery).