Chain: Pancho's

A new partnership will allow Panasonic to increase its role in sports venues.

New Panchero’s stores will open in Maryland and California this year.

Pancho’s Mexican Buffet, Inc. reports results for the second fiscal quarter and six
months ended March 31, 2001.

Pancho’s Mexican Buffet, Inc. has signed a definitive agreement
to merge with Pancho’s Restaurants, Inc., an affiliate of Stephen Oyster of Austin
Texas.

At the Annual Stockholders’ Meeting of Pancho’s Mexican Buffet, Inc., the stockholders elected
Samuel L. Carlson, David Oden, and Rudolph Rodriquez, Jr., current Directors of the Company, to a term of three years.

Pancho’s Mexican Buffet, Inc. reports
results for the first quarter ended December 31, 2000.

Pancho’s Mexican Buffet Reports fourth quarter and year-end results; announces contemporary upscale concept as primary model for
future

Pancho’s Mexican Buffet, Inc. reported August 11 net earnings for the third fiscal quarter and nine months ended June 30, 2000.

Pancho’s Mexican Buffet, Inc. has named Rena Simmons-Graver vice president of marketing.

Pancho’s Mexican Buffet, Inc. (Nasdaq: PAMX) forged into the second phase of its re-imaging campaign May 17 with the opening of its new Panchito’s $3.99 Buffet(TM) in Houston, Texas.

Pancho’s Mexican Buffet, Inc. reported May 8 net earnings for the second fiscal quarter ended March 31, 2000.

Pancho’s Mexican Buffet, Inc. announced Februrary 2, 2000 at it’s annual meeting that it will be converting restaurants in select markets during the year to it’s new Pancho’s Express Buffet .

Pancho’s Mexican Buffet, Inc. announced January 28, 2000 its financial results for the fiscal first quarter ended December 31, 1999.