FOXX Fox & Hound Restaurant Grp. (MM)

DALLAS, March 1 /PRNewswire/ -- F&H Acquisition Corp. announced today that, pursuant to an Agreement and Plan of Merger, dated as of January 30, 2006, by and among F&H Acquisition Corp., NPSP Acquisition Corp., a wholly owned subsidiary of F&H Acquisition Corp., and Fox & Hound Restaurant Group (NASDAQ:FOXX), and, for limited purposes, Newcastle Partners, L.P. and Steel Partners II, L.P., NPSP Acquisition Corp. has merged with and into Fox & Hound, with Fox & Hound surviving as a wholly owned subsidiary of F&H Acquisition Corp. As a result of the merger, any outstanding shares of Fox & Hound common stock (other than shares for which appraisal is sought under applicable provisions of Delaware law) not accepted for payment in connection with F&H Acquisition Corp.'s tender offer for Fox & Hound common stock at $16.30 per share in cash, are entitled to receive $16.30 per share in cash, upon presentation to American Stock Transfer & Trust Company, the Paying Agent for the merger, of appropriate documentation by the holders of such Fox & Hound shares. Fox & Hound's common stock will be delisted from the NASDAQ as a result of the merger effective as of the close of trading on March 1, 2006. DATASOURCE: F&H Acquisition Corp. CONTACT: Dan Sullivan, +1-212-929-5940, or Daniel H. Burch, +1-212-929-5748, both of MacKenzie Partners, Inc. for &H Acquisition Corp.

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