Kona Grill, Inc. Board of Directors Receives Unsolicited Expression-Of-Interest from...

Kona Grill, Inc. Board of Directors Receives Unsolicited Expression-Of-Interest
from Mill Road Capital L.P.

SCOTTSDALE, Ariz., May 18, 2009 (GLOBE NEWSWIRE) -- Kona Grill, Inc.
(Nasdaq:KONA), an American grill and sushi bar, confirmed today that it has
received an unsolicited expression-of-interest from Mill Road Capital L.P., the
Company's second largest shareholder, to acquire all of the Company's
outstanding shares in a cash merger transaction at $4.60 per share, for each of
the approximately 6.5 million shares of Company common stock currently
outstanding.

The Company said that its Board of Directors, in consultation with the Company's
outside financial advisors and legal counsel, will evaluate Mill Road's proposal
carefully and in due course, within the context of the overall Company's
strategic and financial plans, and will respond to the proposal appropriately in
the best interest of all of the Company's shareholders.

About Kona Grill

Kona Grill restaurants serve a diverse selection of mainstream American dishes
as well as a variety of appetizers and entrees with an international influence.
Each restaurant also features an extensive sushi menu and sushi bar and is open
daily for lunch and dinner. For further information, please visit the Company's
website at www.konagrill.com.

Forward-Looking Statements

The statements contained in this release that are not historical facts are
forward-looking statements. Forward-looking statements include statements
regarding our expectations, beliefs, intentions, plans, objectives, goals,
strategies, future events, or performance and underlying assumptions and other
statements that are not purely historical. We have attempted to identify these
statements by using forward-looking terminology such as "may," "will,"
"anticipates," "expects," "believes," "intends," "should," or comparable terms.
All forward-looking statements included in this press release are based on
information available to us on the date of this release and we assume no
obligation to update these forward-looking statements for any reason. These
statements are subject to risks and uncertainties that could cause actual
results to differ materially from those described in the statements. Investors
are referred to the full discussion of risks and uncertainties associated with
forward-looking statements and the discussion of risk factors contained in the
Company's filings with the Securities and Exchange Commission.

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CONTACT: ICR
Investor Relations Contact:
Raphael Gross
203.682.8200