Bravo Brio Restaurant Group, Inc. Announces the Preliminary Results of Modified "Dutch Auction" Tender Offer for Its Common Shares

Bravo Brio Restaurant Group, Inc.

(the "Company" or "BBRG") owner and operator of the BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO) restaurant concepts, today announced the preliminary results of its modified "Dutch Auction" tender offer for the purchase of up to $50 million in value of its common shares. The tender offer expired at 12:00 midnight, New York City time, at the end of the day on December 10, 2014. Based on the preliminary count by Wells Fargo Bank, N.A., the depositary for the tender offer, BBRG anticipates accepting for payment an aggregate of approximately 3.6 million of its common shares, including approximately 0.5 million shares that were tendered through notice of guaranteed delivery, at a preliminary purchase price of $14.00 per share, for an aggregate cost of approximately $50.0 million, excluding fees and expenses. The preliminary proration factor for the tender offer is approximately 74.2%. The aggregate number of shares expected to be purchased in the tender offer by BBRG represent approximately 19.1% of its outstanding common shares as of December 10, 2014. The number of shares expected to be purchased in the tender offer and the purchase price are preliminary and subject to change. The preliminary information contained in this press release is subject to confirmation by the depositary. The final number of shares to be purchased and the final purchase price will be announced following the expiration of the guaranteed delivery period and the completion by the depositary of the confirmation process. Payment for shares accepted for purchase pursuant to the tender offer, and the return of all other shares tendered and not purchased, will occur promptly thereafter. Jefferies LLC is acting as the dealer manager for the tender offer. Shareholders who have questions about the tender offer may call D. F. King & Co., Inc., the information agent for the tender offer at (800) 499-8410. Banks and brokers may call (212) 269-5550.