Famous Dave's Announces “MILLION DOLLAR MADNESS” College Basketball Bracket Challenge

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Famous Dave's “Million Dollar Madness” Contest offers basketball fans the opportunity to win up to $1,000,000 (plus other great prizes) while watching the 2011 Men’s College Basketball Tournament

"The opportunity to win up to $1,000,000!"

Famous Dave’s of America, Inc. (NASDAQ: DAVE) announces the launch of its “Million Dollar Madness” Contest, offering basketball fans the opportunity to win up to $1,000,000 while watching the 2011 Men’s College Basketball Tournament.

“Basketball fans have the chance to win the Ultimate Prize of $1,000,000 for choosing the perfect bracket. This is the second annual contest offered by Famous Dave’s surrounding the college tournament,” said Aric Nissen, Vice President of Marketing for Famous Dave’s. “The response was so strong last year that we decided to offer the contest again, this time offering a $1,000,000 Ultimate Prize. Up to three $10,000 prizes and up to five $1000 prizes could also be awarded to eligible fans. In addition, there is a Grand Prize of a $1500 Best Buy gift card and a 1st Place Prize of Famous Dave’s gift cards valuing $500. Sports fans and BBQ go hand-in-hand and this popular event is the perfect fit.”

Famous Dave’s invites basketball fans and guests nationwide to participate in the contest. Picks for the first round must be submitted online at famousmadness.com 20 minutes before the first game is scheduled to start on Thursday, March 17, 2011.

For additional contest information and official rules, please visit famousmadness.com. Follow us on Facebook (facebook.com/famousdaves) and Twitter (twitter.com/famous_daves). For more information about Famous Dave’s, please visit famousdaves.com.

About Famous Dave’s
Famous Dave's of America, Inc. (NASDAQ: DAVE) develops, owns, operates and franchises barbeque restaurants. The Company owns 52 locations and franchises 129 additional units in 37 states. The menu features award-winning barbequed and grilled meats, a large selection of salads, side items and sandwiches, and unique desserts. Famous Dave's has won over 500 awards for everything from best ribs to best BBQ sauce to best cookbook. For more information, please visit famousdaves.com.

Statements in this press release that are not strictly historical, including but not limited to statements regarding the timing of our restaurant openings and the timing or success of our expansion plans, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, which may cause the company's actual results to differ materially from expected results. Although Famous Dave's of America, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to differ materially from Famous Dave's expectation include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports.

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