OSI Restaurant Partners, LLC Amends Tender Offer for 10% Senior Notes Due 2015

Earthtimes -- OSI Restaurant Partners, LLC (“OSI” or the “Company”) announced today that it is amending the terms of its previously announced cash tender offer (the “Offer”) to purchase its 10% Senior Notes due June 15, 2015 (CUSIP No. 67105EAB8 and CUSIP No. 67105EAA0) (the “Notes”). The Company is (i) extending the early tender time to 5:00 p.m., New York City time, on March 10, 2009 (the “Early Tender Time”), (ii) extending the expiration date of the Offer to 12:00 midnight, New York City Time, on March 19, 2009 (the “Expiration Date”), and (iii) increasing, subject to the Minimum Condition (as defined below), the early tender payment (the “Early Tender Payment”) payable with respect to Notes validly tendered at or prior to the Early Tender Time. As of March 5, 2009, a total of $134.2 million in aggregate principal amount of Notes had been tendered and not validly withdrawn.