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CIATTI'S REPORTS SECOND QUARTER RESULTS

 CIATTI'S REPORTS SECOND QUARTER RESULTS
 MINNEAPOLIS, Jan. 24 /PRNewswire/ -- Ciatti's, Inc. (NASDAQ: CIAT)


today reported results for its second quarter ended Dec. 29, 1991. The company lost $90,725, or three cents per share, on sales of $5,224,528. That compares with last year's second quarter, which ended Dec. 30, 1990, when earnings of $72,079, equal to two cents per share, on sales of $4,483,619 were reported.
 For the first half of fiscal 1992, Ciatti's reported sales of $9,578,314 and losses equalling $214,010, or seven cents per share. A year ago, sales for the six months ended Dec. 30, 1990, were $8,832,765 and Ciatti's earned $139,670, equal to four cents per share.
 William C. Ferril, president and chief executive officer, said: "In spite of two very successful new restaurant openings, mother nature played a critical role in the results for the quarter, dumping more than 50 inches of snowfall on the Upper Midwest, all during peak weekend days. The inclement weather conditions, coupled with slow-moving economic improvement, precluded us from returning to profitability in the quarter.
 "While comparable sales of our eight mature restaurants declined 4.9 percent from a year ago, we have seen some improvement from our first quarter when comparable unit sales were off by 8 percent. These restaurants, which have been operational for at least 24 months, serve as an indicator to us in determining the effects of economic conditions and competition."
 Ferril continued, "Two new restaurant openings in the quarter -- one in the Galleria Shopping Center in Edina and the second in the Crossroads Center in LaCrosse, Wis., -- contributed to the increased sales, which were up 16.5 percent and 8.4 percent for the quarter and six months, respectively. A third new opening is scheduled for May in the Woodbury Village Mall, a new shopping center in the growing Twin Cities suburb of Woodbury.
 "Returning the company to profitability is our primary focus at this time. We have taken steps in that direction; we are closely monitoring all expenses and we will continue to dedicate our attentions to achieving profitable growth in the coming year," Ferril concluded.
 Ciatti's Inc. is a Minneapolis-based corporation operating 12 Italian restaurants in Minnesota and Wisconsin.
 CIATTI'S SECOND QUARTER RESULTS OF OPERATIONS
 (Unaudited)
 Quarter Ended
 12/29/91 12/30/90
 Net sales $5,224,528 $4,483,619
 Net earnings (loss) (90,725) 72,079
 Net earnings (loss) per share $(.03) $.02
 Weighted average number of common
 and common equivalent shares
 outstanding 3,220,436 3,287,976
 Six Months Ended
 12/29/91 12/30/90
 Net sales $9,578,314 $8,832,765
 Net earnings (loss) (214,010) 139,670
 Net earnings (loss) per share $(.07) $.04
 Weighted average number of common
 and common equivalent shares
 outstanding 3,220,436 3,498,667
 -0- 01/23/92
 /CONTACT: William C. Ferril of Ciatti's, 612-941-0108/
 (CIAT) CO: Ciatti's Inc ST: Minnesota IN: LEI SU: ERN


KH -- MN001 -- 3222 01/24/92 11:01 EST
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Date:Jan 24, 1992
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