Luby : 1/18/2018 Luby’s Announces First Quarter Fiscal 2018 Earnings Release & Conference Call Schedule

FOR IMMEDIATE RELEASE

For additional information contact: Dennard Lascar Investor Relations 713-529-6600

Rick Black / Ken Dennard

Luby's Announces First Quarter Fiscal 2018

Earnings Release & Conference Call Schedule

HOUSTON, TX - January 18, 2018 - Luby's, Inc. (NYSE: LUB) announced today that it will release its first quarter fiscal 2018 financial results on Monday, January 29, 2018 before the market opens. In conjunction with the release, Luby's has scheduled a conference call, which will be broadcast live over the Internet, on Monday, January 29, 2018 at 10:00 a.m. Central time.

By Phone:

Dial [phone] at least 10 minutes before the call. A replay will be available through February 5, 2018, by dialing [phone] and using the conference ID 13675302#.

By Webcast: Connect to the webcast via the Events and Presentations pages of Luby's Investor Relations website athttp://lubysinc.com/investors/.Please log in at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call.

About Luby's

Luby's, Inc. (NYSE: LUB) is a multi-branded restaurant company headquartered in Houston, TX that operates 163 family-friendly restaurants nationally as of December 20, 2017: 88 Luby's Cafeterias, 68 Fuddruckers - World's Greatest Hamburgers®, and 7 Cheeseburger in Paradise. The Company is also the franchisor for 111 Fuddruckers franchise locations across the United States (including Puerto Rico), Canada, Mexico, Italy, the Dominican Republic, Panama, and Colombia. Additionally, a licensee operates 34 restaurants with the exclusive right to use the Fuddruckers proprietary marks, trade dress, and system in certain countries in the Middle East. The Company does not receive revenue or royalties from the Middle East restaurants. Luby's Culinary Contract Services business provides food service management to 22 sites consisting of healthcare, higher education, sport stadiums, and corporate dining locations as of December 20, 2017. For more information, visitwww.lubysinc.com.

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