Bravo Brio Restaurant Group, Inc. Announces the Final 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 final 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 of December 10, 2014. BBRG has accepted for purchase an aggregate of 3,571,431 of its common shares at a purchase price of $14.00 per share, for an aggregate cost of $50.0 million, excluding fees and expenses. The aggregate number of shares purchased in the tender offer by BBRG represent approximately 19.1% of the Company's outstanding common shares as of December 16, 2014. The Tender Offer was oversubscribed and, pursuant to the terms of the tender offer, shares properly tendered and not properly withdrawn at or below the purchase price of $14.00 per share were accepted on a pro rata basis, except for tenders of odd lots, which were accepted in full, and except for certain conditional tenders automatically regarded as withdrawn pursuant to the terms of the tender offer. The proration factor for the tender offer, after giving effect to the priority for odd lots, is approximately 75.7%. The depositary will promptly pay for the shares accepted for purchase and will return all other shares tendered. Jefferies LLC acted 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.