Marcus Hotels and Resorts Assumes Management of Brynwood Country Club in Milwaukee, Wis.

Relationship leverages existing golf course and hotel management experience

MILWAUKEE -- Marcus Hotels and Resorts, a division of The Marcus Corporation (NYSE: MCS) today announced it has signed an agreement to manage Brynwood Country Club in Milwaukee, Wis., effective today. Marcus Hotels and Resorts currently owns or manages 15 properties, including the Grand Geneva Resort & Spa in Lake Geneva, Wis., a full-service resort with two championship golf courses. Brynwood Country Club has an 18-hole golf course, four tennis courts, a fitness center, swimming pool and banquet facilities.

"This is an excellent opportunity for us to extend our capabilities into managing a private country club. Brynwood is a good fit for us because of our experience in managing the golf courses at the Grand Geneva, and the similarity between the other amenities the club offers and our existing hotel properties," said Bill Otto, president of Marcus Hotels and Resorts.

"Since it opened in 1929, Brynwood has been one of the leading country clubs in the greater Milwaukee area. The golf course is both picturesque and challenging, with tight fairways, undulating greens and strategically placed water hazards. The clubhouse provides a beautiful setting for special events, weddings and private parties. An added benefit to the relationship is the ability we now have to make country club golf and banquet facilities available for meeting planners and guests at our three downtown Milwaukee hotels during the summer," said Otto.

"In addition to our golf course management expertise, we believe our experience in professionally managing food and beverage facilities and conference services will add value to the Brynwood operation," said Otto.

Otto said the Brynwood agreement increases the company's number of managed properties to seven. Brynwood Country Club is located at 6200 W. Good Hope Road in Milwaukee.

About Marcus Hotels and Resorts

Marcus Hotels and Resorts owns or manages a distinctive portfolio of 15 hotels, resorts and other properties, with two additional hotels under development. The company owns and operates the Four Points by Sheraton Chicago Downtown/Magnificent Mile, Chicago, Ill.; the Grand Geneva Resort in Lake Geneva, Wis.; the Hilton Madison at Monona Terrace in Madison, Wis.; the Hilton Milwaukee City Center in Milwaukee, Wis.; Hotel Phillips in Kansas City, Mo.; the Pfister Hotel in Milwaukee, Wis.; the Westin Columbus in Columbus, Ohio; and the Wyndham Milwaukee Center in Milwaukee, Wis. The company also manages seven properties for other owners: Beverly Garland's Holiday Inn, North Hollywood, Calif.; the Crowne Plaza-Northstar, Minneapolis, Minn.; Hilton Garden Inn - Northwest, Houston, Tex.; Hotel Mead, Wisconsin Rapids, Wis.; Timber Ridge Lodge and Water Park, Lake Geneva, Wis.; the Marcus Vacation Club at Grand Geneva, Lake Geneva, Wis.; and Brynwood Country Club in Milwaukee, Wis. Properties under construction are the Platinum Hotel & Spa, a joint-venture luxury condominium hotel project in Las Vegas, and the Skirvin Hilton, a public/private historic hotel renovation project in Oklahoma City, Okla.

About The Marcus Corporation

Headquartered in Milwaukee, Wis., The Marcus Corporation is a leader in the lodging and entertainment industries. In addition to its Marcus Hotels and Resorts division, the company's movie theatre division, Marcus Theatres([R]), owns or manages 491 screens at 42 locations in Wisconsin, Illinois, Minnesota and Ohio, and one family entertainment center in Wisconsin. For more information, visit the company's Web site at www.marcuscorp.com.

Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as we "believe," "anticipate," "expect" or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of increasing depreciation expenses and preopening and start-up costs due to the capital intensive nature of our businesses; (3) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (4) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (5) the effects on our occupancy and room rates from the relative industry supply of available rooms at comparable lodging facilities in our markets; (6) the effects of competitive conditions in our markets; (7) our ability to identify properties to acquire, develop and/or manage and continuing availability of funds for such development; and (8) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States, the United States' responses thereto and subsequent hostilities. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.