0000932214-99-000073 Sample Contracts

FOR: NATHAN'S FAMOUS, INC. COMPANY Ronald G. DeVos, Vice President - Finance and CFO CONTACT: (516) 338-8500 ext. 229
Common Share Purchase Rights Amendment • December 10th, 1999 • Nathans Famous Inc • Retail-eating places

WESTBURY, NY, December 10, 1999 - Effective today the Board of Directors of Nathan's Famous Inc. (Nasdaq Symbol: NATH) amended the terms of its Common Share Purchase Rights to reduce to 15% the threshold at which the rights become exercisable.