OOD
                    
                 for
          REAL Fople
               REAL pe
                             2012
                             Annual Repor t
                                 QUITE SIMPLY THE WORLD’S GREATEST BURGER
                                 Fuddruckers holds true to its original mission: inspiring guests to build 
                                 their own World’s Greatest Burger Experience by delivering quality and 
                                 in-your-face freshness. Fuddruckers is known for its lively atmosphere, 
                                 100% fresh, never frozen, all American grilled-to-order beef, scratch-
                                 baked buns and market-fresh produce. 
                                 Fuddruckers generated $91.5 million in revenue from company-
                                 operated restaurants last year.
                 EVERY DAY OUR BRANDS—                                    OUR BRAND FAMILY
                  LUBY’S CAFETERIAS, 
                  LUBY’S CULINARY SERVICES 
                  AND FUDDRUCKERS—
                 DELIVER AUTHENTIC DINING EXPERIENCES 
                 TO OUR CUSTOMERS. 
                                  DELIVERING DELICIOUSNESS TO FOLKS 
                                  FAR FROM HOME
                                  Luby’s Culinary Services was launched to redefi ne the contract food 
                                  service industry. To be the best, not necessarily the biggest, is the 
                                  daily mantra across this brand. 
                                  By serving 18 corporate, hospital and higher education locations, 
                                  Luby’s Culinary Services generated $17.7 million in revenue last year. 
                                                     COMFORT FOOD TO SATISFY APPETITES 
                                                     AND BUDGETS
                                                     Luby’s Cafeterias was founded in 1947 in San Antonio, Texas, with a 
                                                     mission to be the most innovative and successful cafeteria company 
                                                     in America. 
                                                     By serving customers convenient, great-tasting, home-style meals 
                                                     at an excellent value in a friendly environment, Luby’s generated 
                                                     $228.6 million in revenue last year.
                          LETTER TO OUR SHAREHOLDERS
                         Ourbrand is a 
                                      promise
                                      HIGHER QUALITY AND UNIQUE OFFERINGS AT A BETTER VALUE. 
                                      WE DELIVERED ON THE PROMISE OF OUR BRAND THROUGHOUT 
                                      FISCAL 2012, AND THE RESULT WAS A SOLID YEAR FOR OUR COMPANY.
                                      Two years past the acquisition and integration of Fuddruckers, we are in the midst of a new growth phase. 
                                      We managed gains in sales and profi tability at our Luby’s Cafeteria and Fuddruckers brands, and we grew 
                                      our development pipeline for new Luby’s and Fuddruckers units in 2012. 
                                                                                                          +
                                      We currently operate 93 cafeteria-style restaurants, 62 Fuddruckers restaurants , 18 Luby’s Culinary 
                                                     ++ 
                                      Services locations and three non-core restaurants. We are also the franchisor for 121 franchised 
                                      Fuddruckers restaurants. 
                                                                                                                     OUR NEWEST ADDITIONS—
                                                                                                                     A SIDE-BY-SIDE LUBY’S AND 
                                                                                                                     FUDDRUCKERS—OPENED IN 
                                                                                                                     AUGUST 2012.
                         + Includes two restaurants opened subsequent to 
                          fi ling our fi scal 2012 Form 10-K
                         ++
                          Includes one location opened subsequent to fi ling 
                          our fi scal 2012 Form 10-K