SOURCE: Santa Fe Holding Company, Inc.

December 27, 2007 09:30 ET

Multi-Billion Dollar Hedge Fund Makes Long-Term Investment in Santa Fe Holding Company

BRENTWOOD, TN--(Marketwire - December 27, 2007) - Santa Fe Holding Company (PINKSHEETS: SFHD), the parent company of Santa Fe Cattle Co., announced today that two hedge funds with assets totaling more than $4 billion dollars under management have purchased $2 million dollars of restricted stock from the company. Santa Fe Holding Co. is a restaurant holding company which currently owns and operates 20 Santa Fe Cattle Co. restaurants located throughout 7 states.

Midtown Partners & Co. has been engaged by the company for more than year to assist in many different areas of strategic financing for the company. "We continue to raise capital to facilitate expansion at a faster pace," states Danny York, Chairman, "But it has been important to us that any capital raised is done on a friendly basis and fair to the company and our shareholders." Midtown has done an excellent job for us in finding strategic partners who understand our true potential and are interested in investing with us for the long term. Mr. York added, "The two funds that have recently taken positions in the company did so in restricted stock which shows a commitment on their part and gives us the time to continue to execute our growth strategy and build shareholder value."

"The additional capital will give us the ability to begin locking up future locations for 2009 and the flexibility to add additional locations in 2008 if the right opportunity presents itself," says Mr. York. The company currently has 10 locations under contract for the new year with 4 already under construction. Mr. York went on to say, "We will always be open to additional equity investments in our company as long as the capital is committed to staying with us long term and the terms of the investment is not only fair to our current shareholders but adds value to the overall enterprise."

Investors can learn more about the company, the food, and store locations on our website: www.santafecattle.com.

About Midtown Partners & Co., LLC

Originally founded in May 2000, Midtown Partners & Co., LLC is an investment bank focused on private placement investment banking opportunities. The investment banking group at Midtown Partners & Co., LLC was founded on the premise that client relationships and industry focus are keys to the success of emerging growth companies. Such companies require investment banking services from a firm with a unique understanding of the marketplace and the nature of these transactions. Midtown Partners was the 5th leading U.S. placement agent in number of closed PIPE transactions for 2006 (source Placementtracker.com). Additional information can be found at http://www.midtownpartners.com.

About Santa Fe Cattle Co.

Santa Fe Holding Company is the holding company for one of the nation's fastest growing casual dining "roadhouse" steak restaurant chains with locations in 7 states. Santa Fe Cattle Co., started in 1996, provides customers with a unique blend of perfectly aged USDA Choice steaks and mouth-watering Chuck Wagon favorites developed exclusively for Santa Fe Cattle Co. The menu contains a melting pot of Texas Hill Country influences, from south of the border enchiladas and fajitas to hearty sausage and authentic flavored sauces and dressings that can only be found at a Santa Fe Cattle Co. restaurant. Each store has a "Big Ass Ceiling Fan" encompassing the entire dining room with customers enjoying the casual, nostalgic family oriented atmosphere reminiscent of the old west. The company, located in Brentwood, TN, was established to provide customers with great food, awesome service, in a fun atmosphere, all at a reasonable price.

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