THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Outback Steakhouse, Inc. (OSI)

3/30/2006 Proxy Information

In 2000, the Company opened a restaurant named ŇLee Roy SelmonŐs.Ó This restaurant is owned by SelmonŐs/Florida-I, Limited Partnership (ŇSelmonŐs PartnershipÓ). OS Southern, Inc., a wholly-owned subsidiary of the Company, is the sole general partner and 70% owner of the SelmonŐs Partnership. Lee Roy Selmon, a director of the Company, owns a 10% limited partnership interest in the SelmonŐs Partnership solely with respect to the first Lee Roy Selmon's restaurant opened by the SelmonŐs Partnership. Mr. Selmon acquired his interest in the restaurant in exchange for the use of his name and a capital contribution of $101,000. The purchase price was established by the Board based on an estimate of the value of Mr. Selmon's name and the partnership's cash expenditure necessary to open the restaurant. The Company has opened three additional Lee Roy Selmon's restaurants. Mr. Selmon has no ownership interest in these additional restaurants, but receives a royalty of 1% of each restaurant's gross sales. Mr. Selmon will receive a royalty of 1% of the gross sales from any future Lee Roy Selmon's restaurants opened by the Company or its affiliates. In 2005, Mr. Selmon received distributions from the SelmonŐs Partnership in the amount of $64,563 and royalties in the amount of $41,245. Mr. Selmon also serves on the board of Fifth Third Bank, Florida region, which is a division of Fifth Third Bancorp, a diversified financial services company, with which the individual restaurant locations of the Company through its subsidiaries have a depository relationship.

Toby S. Wilt, a member of the Board, through his wholly-owned corporation, TSW Investments, Inc., has invested in seven limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs Italian Grill, Inc. (ŇCarrabbaŐsÓ), a wholly-owned subsidiary of the Company. These investments were made from 1999 to 2002. CarrabbaŐs owns a 45% interest as a general partner in each of these limited partnerships. In 2005, Mr. Wilt received distributions from these partnerships in the aggregate amount of $41,893. The Board has determined that these relationships are not material and Mr. Wilt satisfies the requirements to be considered ŇindependentÓ as defined in the applicable listing standards of the NYSE.

A. William Allen III, a director and Chief Executive Officer of the Company, through his revocable trust in which he and his wife are the grantors and trustees, and are the sole beneficiaries, owns all of the equity interests in AWA III Steakhouses, Inc., which owns 2.5% of Outback/Flemings, LLC, a Delaware limited liability company. Outback/Flemings, LLC serves as the general partner of limited partnerships that own certain FlemingŐs Prime Steakhouse and Wine Bars. In 2005, Mr. Allen, through his ownership interest in Outback/Flemings, LLC, received no amount in distributions from investments in 34 restaurants and paid in capital of $363,926.

Paul E. Avery, Chief Operating Officer of the Company, has invested in 10 limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs and in which CarrabbaŐs owns a 45% interest as a general partner. These investments were made from 2001 and 2002. In 2005, Mr. Avery received distributions from these CarrabbaŐs partnerships in the aggregate amount of $10,505. In 2003, Mr. Avery invested (i) $81,395 in two limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish Grill, Inc. (ŇBonefishÓ), a subsidiary of the Company, and in which Bonefish owns a 45% interest as general partner; (ii) $109,000 in 11 limited partnerships, each of which owns and operates a Bonefish Grill restaurant and of which Bonefish or Bonefish Grill of Florida, LLC is the sole general partner and majority owner; and (iii) $40,000 in one unaffiliated limited partnership which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish. In 2002, Mr. Avery invested (i) $81,395 in two limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish and in which Bonefish owns a 45% interest as general partner; and (ii) $87,500 in an unaffiliated limited partnership which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish. In 2005, Mr. Avery received distributions from these Bonefish partnerships in the aggregate amount of $80,565. Mr. Avery made no investments in CarrabbaŐs Italian Grill and Bonefish Grill restaurants in 2004, 2005 or through the date hereof in 2006.

Benjamin P. Novello, a Named Executive Officer, has invested in 10 limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs and in which CarrabbaŐs owns a 45% interest as a general partner. These investments were made from 2000 to 2002. In 2005, Mr. Novello received distributions from these partnerships in the aggregate amount of $9,139. Mr. Novello invested (i) $46,000 in four Bonefish Grill limited partnerships in connection with five restaurants in 2003; (ii) $116,175 in eight Bonefish Grill limited partnerships in connection with 13 restaurants in 2004; and (iii) $54,131 in four Bonefish Grill limited partnerships in connection with five restaurants in 2005, each of which operates restaurants and of which Bonefish or Bonefish Grill of Florida, LLC is the sole general partner and majority owner. In 2005, Mr. Novello received distributions from these partnerships in the aggregate amount of $66,238. Mr. Novello invested $2,500 in one OSF restaurant in 1991 and for the year 2005, received a distribution of $5,260.

On January 1, 2005, the Company entered into a Purchase Agreement to acquire certain CarrabbaŐs joint venture restaurants from limited partnerships in which Messrs. Avery and Novello had ownership interests. The aggregate purchase price paid to Messrs. Avery and Novello for their ownership interests in those joint venture restaurants was $141,157 and $204,287, respectively. In addition, on August 1, 2005, Mr. Avery sold to the Company all of his limited partnership interests in two CarrabbaŐs Italian Grill and 15 Bonefish Grill restaurants (to which he had previously contributed an aggregate amount of $317,469) for a purchase price of $285,856. Also on August 1, 2005, Mr. Novello sold to the Company all of his limited partner interest in one Outback Steakhouse, one CarrabbaŐs Italian Grill and 23 Bonefish Grill restaurants (to which he had previously contributed an aggregate amount of $245,943) for a purchase price of $267,708.

Steven T. Shlemon, a Named Executive Officer, has made investments in three unaffiliated limited partnerships each of which owns and operates an Outback Steakhouse restaurant pursuant to a franchise agreement with OSF. These investments were made in 1998. In 2005, Mr. Shlemon received distributions from these partnership in the aggregate amount of $21,822. On December 5, 2005, Mr. Shlemon sold to an independent franchisee all of his limited partnership interests in three OSF restaurants (to which he had previously contributed an aggregate amount of $150,000) for a purchase price of $162,161. Mr. Shlemon invested in four limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs and in which CarrabbaŐs owns a 45% interest as a general partner. These investments were made in 1999 and 2000. In 2005, Mr. Shlemon received distributions from these partnerships in the aggregate amount of $14,031. A sibling of Mr. Shlemon has made an investment in two limited partnerships, each of which owns and operates one Outback Steakhouse restaurant and of which OSF is the sole general partner and majority owner. These investments were made in 1996 and 2001. In 2005, Mr. ShlemonŐs sibling received distributions in these partnerships in the aggregate amount of $162,334.

From 1994 to 2001, the parents and certain siblings of Chris T. Sullivan, a member of the Board and an executive officer of the Company, made investments in three unaffiliated limited partnerships that own and operate three Outback Steakhouse restaurants pursuant to franchise agreements with OSF and received distributions from these partnerships in the aggregate amount of $28,847 during the year 2005.

In 2002, Mel and Jackie Danker, relatives of Robert D. Basham, a member of the Board, made investments of $66,232 in one unaffiliated limited partnership that owns and operates two Bonefish Grill restaurants as a franchisee of Bonefish, and received distributions in this partnership in the aggregate amount of $15,494 during the year 2005.

In January 2006, General (Ret) Tommy Franks, a director of the Company, became a director of Bank of America. The Company has various corporate banking relationships with Bank of America and it participates as a lender in the CompanyŐs $225,000,000 revolving credit facility. In addition, individual restaurant locations have depository relationships with Bank of America in the ordinary course of business.

3/31/2005 Proxy Information

On May 12, 2004, Mr. Sullivan, through his corporation Out of the Park, Inc., and Mr. Basham, through his corporation Touch 'Em All, Inc., each sold all of their ownership interests as general and limited partner of Tampa Bay Devil Rays, Ltd., the owner of the Tampa Bay Devil Rays Major League Baseball Franchise. Each of Messrs. Sullivan and Basham own all of the outstanding Common Stock and serves as the sole director and officer of his respective corporation. In 2004, Outback Steakhouse of Florida, Inc., a Florida corporation and wholly-owned subsidiary of the Company ("OSF") paid to Tampa Bay Devil Rays, Ltd. the aggregate amount of $230,000 to lease four signs for advertising pursuant to a contract entered into on September 9, 1996 that ended in 2003. OSF renewed this contract on March 4, 2003. The amounts to be paid to the Tampa Bay Devil Rays, Ltd., under the contract in future years are: $236,900 for 2004, $244,007 for 2005, $251,327 for 2006, $258,867 for 2007 and $266,633 for 2008. On February 20, 1995, OSF entered into a Private Suite License Agreement with Tampa Bay Devil Rays, Ltd., for a private suite at Tropicana Field located in St. Petersburg, Florida, commencing on March 31, 1998, and ending on December 31, 2007. In 2004, the Company paid a license fee of $117,435.

On November 7, 2000, the Company opened a restaurant named "Lee Roy Selmon's." This restaurant is owned by Selmon's/Florida-I, Limited Partnership ("Selmon's Partnership"). OS Southern, Inc., a wholly-owned subsidiary of the Company, is the sole general partner and 70% owner of the Selmon's Partnership. Lee Roy Selmon, a director of the Company and Chair of the Compensation Committee, owns a 10% limited partner interest in the Selmon's Partnership solely with respect to the first Lee Roy Selmon's restaurant opened by the partnership. Mr. Selmon acquired his interest in the restaurant in exchange for the use of his name and a capital contribution of $101,000. The purchase price was established by the Board based on the value of Mr. Selmon's name and the partnership's cash expenditure necessary to open the restaurant. The Company opened a second Lee Roy Selmon's restaurant on June 24, 2003. Mr. Selmon has no ownership interest in the second restaurant, but receives a royalty of 1% of the second restaurant's gross sales. Mr. Selmon will receive a royalty of 1% of the gross sales from any future Lee Roy Selmon's restaurants opened by the Company or its affiliates. In 2004, Mr. Selmon received distributions from the Selmon's Partnership in the amount of $55,163.68 and royalties in the amount of $31,685.07.

Toby S. Wilt, a member of the Board, through his wholly-owned corporation, TSW Investments, Inc., invested in seven limited partnerships, each of which owns and operates one Carrabba's Italian Grill restaurant as a franchisee of Carrabba's Italian Grill, Inc. ("Carrabba's"), a subsidiary of the Company. These investments were made in the years 1999 to 2002. Carrabba's owns a 45% interest as a general partner in each of these limited partnerships. In 2004, Mr. Wilt received distributions from these partnerships in the aggregate amount of $47,427. The Board has determined that these relationships are not material and Mr. Wilt satisfies the requirements to be considered "independent" as defined in the applicable rules of the NYSE.

A. William Allen, an executive officer and Named Executive Officer of the Company, through his revocable trust in which he and his wife are the grantors and trustees, and are the sole beneficiaries, own a 92% interest in AWA III Steakhouses, Inc., which owns 2.5% of Outback/Flemings, LLC, a Delaware limited liability company. Outback/Flemings, LLC serves as the general partner of limited partnerships that own certain Fleming's Prime Steakhouse and Wine Bar. As disclosed in the September 10, 2004 Form 8-K filing, the Company acquired an additional 39% ownership interest in the Outback/Fleming's, LLC, the joint venture that operates Fleming's Prime Steakhouse and Wine Bars, from its partners, FPSH Limited Partnership and AWA III Steakhouses, Inc., for $39,000,000, effective September 1, 2004. Mr. Allen is the majority owner and president of AWA III Steakhouses, Inc., which sold the Company a 9.75% interest in the LLC. Mr. Allen continues to own a 2.5% interest in the LLC through AWA III Steakhouses, Inc.

Paul E. Avery, a Named Executive Officer of the Company, invested in 10 limited partnerships, each of which owns and operates one Carrabba's Italian Grill restaurant as a franchisee of Carrabba's and in which Carrabba's owns a 45% interest as a general partner. These investments were made in the years 2001 and 2002. In 2004, Mr. Avery received distributions from these Carrabba's partnerships in the aggregate amount of $41,615. In 2003, Mr. Avery invested (i) $81,395 in two limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish Grill, Inc. ("Bonefish"), a subsidiary of the Company, and in which Bonefish owns a 45% interest as general partner; (ii) $109,000 in 11 limited partnerships, each of which owns and operates a Bonefish Grill restaurant and of which Bonefish or Bonefish Grill of Florida, LLC is the sole general partner and majority owner; and (iii) $40,000 in one unaffiliated limited partnership which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish. In 2002, Mr. Avery invested (i) $81,395 in two limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish and in which Bonefish owns a 45% interest as general partner; and (ii) $87,500 in an unaffiliated limited partnership which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish. In 2004, Mr. Avery received distributions from these Bonefish partnerships in the aggregate amount of $85,313.95. Mr. Avery made no investments in Carrabba's Italian Grill and Bonefish Grill restaurants in 2004 or 2005.

Benjamin P. Novello, an executive officer of OSF, a subsidiary of the Company, and a Named Executive Officer, invested in 10 limited partnerships, each of which owns and operates one Carrabba's Italian Grill restaurant as a franchisee of Carrabba's and in which Carrabba's owns a 45% interest as a general partner. These investments were made in the years 2000 to 2002. In 2004, Mr. Novello received distributions from these partnerships in the aggregate amount of $37,363. Mr. Novello invested (i) $46,000 in four limited partnerships in connection with six restaurants in 2003; and (ii) $116,175 in six limited partnerships in connection with 11 stores in 2004, each of which owns and operates a Bonefish Grill restaurant and of which Bonefish or Bonefish Grill of Florida, LLC is the sole general partner and majority owner. In 2004, Mr. Novello received distributions from these partnerships in the aggregate amount of $36,549. Mr. Novello invested in one limited partnership, which owns and operates an Outback Steakhouse restaurant and of which OSF is the sole general partner and majority owner. This investment was made in 1991. In 2004, Mr. Novello received distributions from this partnership in the aggregate amount of $7,879.

On January 1, 2005, the Company entered into two Purchase Agreements to acquire four (4) joint venture restaurants from limited partnerships in which Messrs. Avery and Novello each had ownership interests. The approximate amounts to be received by Messrs. Avery and Novello as a result of their ownership interest in those joint venture restaurants are $141,000 and $202,000, respectively.

Steven T. Shlemon, an executive officer of Carrabba's Italian Grill, Inc., a subsidiary of the Company, and a Named Executive Officer, has made investments in three unaffiliated limited partnerships each of which owns and operates an Outback Steakhouse restaurant pursuant to a franchise agreement with OSF. These investments were made in 1998. In 2004, Mr. Shlemon received distributions from these partnership in the aggregate amount of $15,561. Mr. Shlemon invested in four limited partnerships, each of which owns and operates one Carrabba's Italian Grill restaurant as a franchisee of Carrabba's and in which Carrabba's owns a 45% interest as a general partner. These investments were made in the years 1999 to 2000. In 2004, Mr. Shlemon received distributions from these partnerships in the aggregate amount of $8,920. A sibling of Mr. Shlemon has made an investment in two limited partnerships, each of which owns and operates one Outback Steakhouse restaurant and of which OSF is the sole general partner and majority owner. These investments were made in the years 1996 and 2001. In 2004, Mr. Shlemon's sibling received distributions in these partnerships in the aggregate amount of $146,459.

From 1994 to 2001, the parents and certain siblings of Chris T. Sullivan, a member of the Board and Named Executive Officer of the Company, made investments in four unaffiliated limited partnerships that own and operate four Outback Steakhouse restaurants pursuant to franchise agreements with OSF and received distributions from these partnerships in the aggregate amount of $75,667 during the year 2004.

In 2002, Mel and Jackie Danker, relatives of Robert D. Basham, a member of the Board of the Company, made investments of $66,232 in one unaffiliated limited partnership that owns and operates two Bonefish Grill restaurants as a franchisee of Bonefish, and received distributions in this partnership in the aggregate amount of $13,159 during the year 2004.

3/19/2004 Proxy Information

Charles H. Bridges served as Vice President and Treasurer of Matilda Management Company (a private restaurant management company that owns Outback Steakhouse restaurants in northern California) until his retirement in 1998.

Mr. Sullivan, through his corporation Out of the Park, Inc., and Mr. Basham, through his corporation Touch ÔEm All, Inc., each own 9.15 percent, as general and limited partners, of Tampa Bay Devil Rays, Ltd., the owner of the Tampa Bay Devil Rays Major League Baseball Franchise. Each of Messrs. Sullivan and Basham own all of the outstanding Common Stock and serves as the sole director and officer of his respective corporation. In 2003, OSF paid to Tampa Bay Devil Rays, Ltd. the aggregate amount of $230,000 to lease four signs for advertising pursuant to a contract entered into on September 9, 1996 that ended in 2003. OSF renewed this contract on March 4, 2003. The amounts to be paid to the Tampa Bay Devil Rays, Ltd., under the contract in future years is: $236,900 for 2004, $244,007 for 2005, $251,327 for 2006, $258,867 for 2007 and $266,633 for 2008. On February 20, 1995, OSF entered into a Private Suite License Agreement with Tampa Bay Devil Rays, Ltd., for a private suite at Tropicana Field located in St. Petersburg, Florida, commencing on March 31, 1998, and ending on December 31, 2007. In 2003, the Company paid a license fee of $115,223.

On November 7, 2000, the Company opened a restaurant named ŇLee Roy SelmonŐs.Ó This restaurant is owned by SelmonŐs/Florida-I, Limited Partnership (ŇSelmonŐs PartnershipÓ). OS Southern, Inc., a wholly-owned subsidiary of the Company, is the sole general partner and 70% owner of the SelmonŐs Partnership. Lee Roy Selmon, a director of the Company and Chair of the Compensation Committee, owns a 10% limited partner interest in the SelmonŐs Partnership solely with respect to the first Lee Roy SelmonŐs restaurant opened by the partnership. Mr. Selmon acquired his interest in the restaurant in exchange for the use of his name and a capital contribution of $101,000. The purchase price was established by the Board based on the value of Mr. SelmonŐs name and the partnershipŐs cash expenditure necessary to open the restaurant. The Company opened a second Lee Roy SelmonŐs restaurant on June 24, 2003. Mr. Selmon has no ownership interest in the second restaurant, but receives a royalty of 1% of the second restaurantŐs gross sales. Mr. Selmon will receive a royalty of 1% of the gross sales from any future Lee Roy SelmonŐs restaurants opened by the Company or its affiliates. In 2003, Mr. Selmon received distributions from the SelmonŐs Partnership in the amount of $59,349 and royalties in the amount of $15,266.

Toby S. Wilt, a member of the Board, through his wholly-owned corporation, TSW Investments, Inc., has made investments in seven limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs Italian Grill, Inc. (ŇCarrabbaŐsÓ), a subsidiary of the Company. These investments were made in the years 1999 to 2002. CarrabbaŐs owns a 45% interest as a general partner in each of these limited partnerships. In 2003, Mr. Wilt received distributions from these partnerships in the aggregate amount of $63,357.

Paul E. Avery, a member of the Board and an executive officer of the Company, made investments in the years 2000 to 2002 in 10 limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs and in which CarrabbaŐs owns a 45% interest as a general partner. In 2003, Mr. Avery received distributions from these CarrabbaŐs partnerships in the aggregate amount of $45,151. In 2003, Mr. Avery made investments of (i) $77,000 in five limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish Grill, Inc. (ŇBonefishÓ), a subsidiary of the Company, and in which Bonefish owns a 45% interest as general partner; (ii) $36,000 in three limited partnerships, each of which owns and operates one Bonefish Grill restaurant and of which Bonefish is the sole general partner and majority owner; and (iii) $40,000 in one unaffiliated limited partnership which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish. In 2002, Mr. Avery made investments of (i) $122,790 in three limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish and in which Bonefish owns a 45% interest as general partner; and (ii) $87,500 in one unaffiliated limited partnership which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish. In 2003, Mr. Avery received distributions from these Bonefish partnerships in the aggregate amount of $29,884.

Benjamin P. Novello, an executive officer of OSF, a subsidiary of the Company, made investments in 10 limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs and in which CarrabbaŐs owns a 45% interest as a general partner. These investments were made in the years 2000 to 2002. In 2003, Mr. Novello received distributions from these partnerships in the aggregate amount of $52,016. In 2003, Mr. Novello made investments of $46,000 in five limited partnerships, each of which owns and operates one Bonefish Grill restaurant as a franchisee of Bonefish and in which Bonefish owns a 45% interest as general partner. In 2003, Mr .Novello received distributions from these partnerships in the aggregate amount of $1,177. Mr. Novello made an investment in one limited partnership, which owns and operates an Outback Steakhouse restaurant and of which OSF is the sole general partner and majority owner. This investment was made in 1991. In 2003, Mr. Novello received distributions from this partnership in the aggregate amount of $5,762.

Steven T. Shlemon, an executive officer of CarrabbaŐs Italian Grill, Inc., a subsidiary of the Company, has made investments in three unaffiliated limited partnerships each of which owns and operates an Outback Steakhouse restaurant pursuant to a franchise agreement with OSF. These investments were made in 1998. In 2003, Mr. Shlemon received distributions from these partnership in the aggregate amount of 12,805. Mr. Shlemon has made investments in four limited partnerships, each of which owns and operates one CarrabbaŐs Italian Grill restaurant as a franchisee of CarrabbaŐs and in which CarrabbaŐs owns a 45% interest as a general partner. These investments were made in the years 1999 to 2000. In 2003, Mr. Shlemon received distributions from these partnerships in the aggregate amount of $11,454. A sibling of Mr. Shlemon has made an investment in two limited partnerships, each of which owns and operates one Outback Steakhouse restaurant and of which OSF is the sole general partner and majority owner. These investments were made in the years 1996 and 2001. Mr. ShelmonŐs sibling received distributions in these partnership in the aggregate amount of $146,884.

From 1994 to 2001, the parents and certain siblings of Chris T. Sullivan, a member of the Board and named executive officer of the Company, made investments in four unaffiliated limited partnerships that own and operate four Outback Steakhouse¨ restaurants pursuant to franchise agreements with OSF and received distributions from these partnerships in the aggregate amount of $103,659 during the year 2003.

In 2002, Mel and Jackie Danker, relatives of Robert D. Basham, a member of the Board and named executive officer of the Company, made investments of $66,232 in one unaffiliated limited partnership that owns and operates two Bonefish GrillŞ restaurants as a franchisee of Bonefish, and received distributions in this partnership in the aggregate amount of $12,115 during the year 2003.

3/28/2003 Proxy Information

Mr. Sullivan, through his corporation Out of the Park, Inc., and Mr. Basham, through his corporation Touch ÔEm All, Inc., each own a percentage of Tampa Bay Devil Rays, Ltd., as general partners. Messrs. Sullivan and Basham own all of the outstanding Common Stock of their respective corporations and serve as their only directors and officers. In 2002, OSF paid to Tampa Bay Devil Rays, Ltd., the owners of the Tampa Bay Devil Rays American League Baseball Franchise, the aggregate amount of $295,446 to lease four signs for advertising pursuant to a contract entered into on September 9, 1996 that ended in 2002. OSF is in the process of extending its contract. The amounts proposed to be paid to the Tampa Bay Devil Rays, Ltd., under the contract for future years is: $230,000 for 2003, $236,900 for 2004, $244,007 for 2005, $251,327 for 2006, $258,867 for 2007 and $266,633 for 2008. On February 20, 1995, OSF entered into a Private Suite License Agreement with Tampa Bay Devil Rays, Ltd., for a private suite at Tropicana Field located in St. Petersburg, Florida, commencing on March 31, 1998, and ending on December 31, 2007. The license fee is $100,000 per year plus sales tax. In 2002, $112,259 was paid.

On November 7, 2000, the Company opened a restaurant named ŇLee Roy SelmonŐs.Ó This restaurant is owned by SelmonŐs/Florida-I, Limited Partnership. OS Southern, Inc., a wholly-owned subsidiary of the Company, is the sole general partner and 70% owner of SelmonŐs/Florida-I, Limited Partnership. Lee Roy Selmon, a director of the Company, owns a 10% limited partner interest in SelmonŐs/Florida-I, Limited Partnership. Mr. Selmon acquired his interest in the partnership in exchange for the use of his name and a capital contribution of $101,000. The purchase price was established by the Board based on the value of Mr. SelmonŐs name and the partnershipŐs cash expenditure necessary to open the restaurant. Mr. Selmon will also receive a 1% royalty from any future Lee Roy SelmonŐs restaurants opened by the Company or its affiliates.

Charles H. Bridges, a member of the Board, owns a 10% interest in an unafflilated limited partnership that owns and operates an Outback Steakhouse¨ restaurant pursuant to a franchise agreement with OSF.

Toby S. Wilt, a member of the Board, through his wholly-owned corporation, TSW Investments, Inc., has made investments in the aggregate amount of $330,500 in seven limited partnerships in which CarrabbaŐs Italian Grill, Inc. (ŇCarrabbaŐsÓ), a subsidiary of the Company, owns a 45% interest as a general partner, and that own and operate certain CarrabbaŐs Italian Grill¨ restaurants pursuant to franchise agreements with CarrabbaŐs.

Paul E. Avery, a member of the Board and named executive officer of the Company, has made investments in the amount of (i) $240,000 in 10 limited partnerships in which CarrabbaŐs owns a 45% interest as a general partner, and that own and operate certain CarrabbaŐs Italian Grill¨ restaurants pursuant to franchise agreements with CarrabbaŐs; (ii) $330,000 in three limited partnerships in which Bonefish Grill, Inc., a subsidiary of the Company, owns a 45% interest as general partner, and that own and operate certain Bonefish GrillŞ restaurants, pursuant to franchise agreements with Bonefish Grill, Inc.; and (iii) $87,500 in one unaffiliated limited partnership that owns and operates a Bonefish GrillŞ restaurant pursuant to a franchise agreement with Bonefish Grill, Inc.