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MAIN ST. & MAIN INC. ANNOUNCES GRAND OPENING OF SEOUL T.G.I. FRIDAY'S IN SEOUL, KOREA

 SCOTTSDALE, Ariz., Aug. 17 /PRNewswire/ -- Main St. & Main Inc. (NASDAQ: MAIN) announced the opening of the second T.G.I. Friday's restaurant in Seoul, Korea. The restaurants are among two of the largest (T.G.I. Friday's) in the world with seating capacity exceeding 500 guests. The company's first T.G.I. Friday's in Seoul was opened in March of 1992.
 The company has five-year management assistance agreements with Asian Star Co. Ltd., a Korean company ("Asian Star") to provide management services and the know-how relative to the development and operations of the T.G.I. Friday's concept in the Republic of South Korea. The company has been working with the management of Asian Star since the beginning of June 1991 in the site selection, design, construction, training and operations of the Friday's restaurants. The company will continue to assist Asian Star in the ongoing development of their exclusive franchise for T.G.I. Friday's in the Republic of South Korea.
 Commenting on the new openings, Steven Sherman, chairman and chief executive officer, "We are extremely pleased to be opening a second restaurant in Seoul. The response to the Friday's decor, menu and service at our first location has been overwhelming and beyond our expectations. At the Franchisees Annual Convention in April of this year, T.G.I. Friday's Seoul was awarded two top honors: one for the most guests in one week, another for the highest sales in one day. Asian Star is so encouraged by the success of the first restaurant that they have plans to develop their third restaurant by the end of this year."
 Main St. & Main Inc. is involved primarily in the areas of restaurant ownership and management, and food processing and distribution. The company's restaurant division owns and operates 12 T.G.I. Friday's, with five currently under development. The company also produces and distributes dairy products in Arizona through its Carnation Dairy subsidiary and distributes brand name ice cream and frozen novelty and entree products in 11 western states through its Dairy Maid Food operations.
 -0- 8/17/93
 /CONTACT: Robert McGeorge, VP-corporate development of Main St. & Main, 602-951-3200/
 (MAIN)


CO: Main St. & Main Inc. ST: Arizona IN: LEI FOD SU:

LS-BP -- SD005 -- 3609 08/17/93 13:58 EDT
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Publication:PR Newswire
Date:Aug 17, 1993
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