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HOMETOWN BUFFET FILES FOR INITIAL PUBLIC OFFERING

 SAN DIEGO, Aug. 12 /PRNewswire/ -- HomeTown Buffet, Inc. (the company) announced today that it has filed a registration statement with the Securities and Exchange Commission in connection with an initial public offering by the Company of 2,000,000 shares of common stock. Montgomery Securities and Alex. Brown & Sons Incorporated will co-manage the underwriting of the offering.
 The company operates and franchises high quality buffet restaurants under the name "HomeTown Buffet." There are currently 12 company-owned HomeTown Buffet restaurants operating in California and Oregon and six franchise-operated restaurants in Arizona, Colorado, Massachusetts and Utah. The company also owns and operates one Roadhouse Grill steakhouse restaurant, located in Oregon.
 A copy of the preliminary prospectus relating to the offering may be obtained from the Managing Underwriters at either of the following addresses: Montgomery Securities, Attention: Prospectus Department, 600 Montgomery Street, San Francisco, Calif. 94111; or Alex. Brown & Sons Incorporated, 135 East Baltimore Street, Baltimore, Md. 21202.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This notice shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.
 -0- 8/12/93
 /CONTACT: C. Dennis Scott, president and chief executive officer of HomeTown Buffet, Inc., 619-546-9090/


CO: HomeTown Buffet, Inc. ST: California IN: LEI SU: OFR

TS -- NY032 -- 2102 08/12/93 11:57 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
Words:288
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