Morton's to Open New Steakhouse in Miami Beach

CHICAGO, Feb. 13 /PRNewswire-FirstCall/ -- Morton's Restaurant Group, Inc. (NYSE: MRT) today announced that it has signed a lease to open a new Morton's The Steakhouse in Miami Beach, Fla. The 8,400 square-foot restaurant will be located in The Crown at Miami Beach, a luxurious oceanfront residential high-rise tower at the intersection of 40th Street and Collins Avenue. With a total indoor seating capacity of approximately 240, the new Miami Beach Morton's will seat 135 guests in the main dining room, 65 in Morton's exclusive private boardrooms and 40 in Bar 12*21, Morton's new bar dining concept, the place for specialty cocktails and Morton's appetizing Bar Bites menu. The restaurant will also feature a 1,000 square-foot outdoor patio with seating for 36 guests. The new Morton's is expected to open in late 2008/ early 2009. It will be the third Morton's The Steakhouse in the Miami/Miami Beach market and the eighth in Florida. Other Morton's steakhouses in Florida are currently located in Miami (1200 Brickell Avenue), North Miami Beach (17399 Biscayne Blvd.), Boca Raton (5050 Town Center Circle), Jacksonville (1510 Riverplace Blvd.), Orlando (7600 Dr. Phillips Blvd.) and West Palm Beach (777 South Flagler Drive). Morton's recently announced plans to open a new restaurant in Fort Lauderdale (500 East Broward Blvd.) in late 2008.

"Morton's is pleased to announce our planned expansion in the Miami/Miami Beach market, where our company currently owns and operates two popular steakhouses," said Thomas J. Baldwin, chairman, chief executive officer and president of Morton's Restaurant Group, Inc. "The new Morton's in Miami Beach will be located near the Fontainebleau and Eden Rock hotels and close to South Beach, the Lincoln Village shopping area and the Miami Beach Convention Center. We believe this new Morton's steakhouse will attract tourists, business clientele and residents of Miami Beach, one of the world's most glamorous destinations for people who savor the good life."

About Morton's

Morton's Restaurant Group, Inc. is the world's largest operator of company-owned upscale steakhouses. Morton's steakhouses have remained true to our founders' original vision of combining generous portions of high quality food prepared to exacting standards with exceptional service in an enjoyable dining environment. As of February 13, 2008, the Company owned and operated 78 Morton's steakhouses located in 66 cities in 28 states and Puerto Rico and five international locations (Hong Kong, Macau, Singapore, Toronto and Vancouver), as well as four Italian restaurants. Please visit our Morton's Web site at www.mortons.com.

FORWARD-LOOKING STATEMENTS

Except for the historical information contained in this news release, the matters addressed are forward-looking statements. Forward-looking statements, written, oral or otherwise made, represent the Company's expectation or belief concerning future events. Without limiting the foregoing, the words "believes," "thinks," "anticipates," "plans," "expects" and similar expressions are intended to identify forward-looking statements. The Company cautions that forward-looking statements are subject to risks, uncertainties, assumptions and other important factors that could cause actual results to differ materially, or otherwise, from those expressed or implied in the forward-looking statements, including, without limitation, risks of the restaurant industry, including a highly competitive environment and industry with many well-established competitors with greater financial and other resources than the Company, the impact of changes in consumer tastes, local, regional and national economic and market conditions, restaurant profitability levels, expansion plans, timely construction and opening of new restaurants, demographic trends, traffic patterns, employee availability, benefits and cost increases, product safety and availability, government regulation, the Company's ability to maintain adequate financing facilities and other risks detailed from time to time in the Company's most recent Form 10-K, Forms 10-Q and other reports filed with the Securities and Exchange Commission. Other unknown or unpredictable factors also could harm the Company's results. Consequently, there can be no assurance that actual results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. The Company undertakes no obligation to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.