SOURCE: Santa Fe Holding Company, Inc.

January 08, 2008 14:31 ET

Santa Fe Holding Company, Inc. Announced Today That It Has Agreed to a 3 Store Development Agreement With Main and Main Capital

BRENTWOOD, TN--(Marketwire - January 8, 2008) - Santa Fe Holding Co., Inc. (PINKSHEETS: SFHD), the parent company of Santa Fe Cattle Co., announced today that it has agreed to a 3 store development agreement with Main and Main Capital based out of Grapevine, TX. Main and Main will provide financing to Santa Fe Cattle Co. to build and develop 3 restaurants in the southern Oklahoma market. Santa Fe Holding Co. is a restaurant holding company which currently owns and operates 20 Santa Fe Cattle Co. restaurants located throughout 7 states.

"We are excited to work with Main and Main in building and developing 3 restaurants in the southern Oklahoma market. The first location will be in Ada, OK. The other two sites are currently under negotiation," stated Santa Fe's Don Clifford, Vice President of Real Estate and Development. Mr. Clifford went on to say, "Bringing in Main and Main will allow Santa Fe to meet or exceed its development schedule slated for 2008." He also noted that the two other deals under negotiations are very close to being executed and I see nothing that would hold those up. Mr. Clifford also noted that, "The Oklahoma region is one of our best markets and half of our new stores for 2008 will be built in that market."

Main and Main Executive Vice President Eric Reed was happy to add, "Our Company is ecstatic to develop a relationship with one of the fastest growing restaurant chains in the country. We have checked these guys out thoroughly and they really seem to know what they are doing. They have a terrific concept and plan and they are sticking to it. We are glad to be an integral part of that plan and look forward to many more opportunities."

Santa Fe Cattle Co. has opened 8 new locations in 2007 and will open a minimum of 10 new stores in 2008.

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

ABOUT MAIN AND MAIN CAPITAL

With more than 100 years of combined development and financing experience, the professionals at Main and Main Capital truly understand the complete development process, from site selection through property disposition. We've taken the needs of developers and investors into account, and as a result, we utilize the highest standards to evaluate, critique and review new construction, providing the maximum return for investors while maintaining a simple, user-friendly process for developers. For more information on Main and Main Capital, please visit their website at www.mainandmaincapital.com.

ABOUT SANTA FE HOLDING COMPANY

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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