Investor Relations News Release

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The Habit Restaurants, Inc. Commences Proposed Follow-On Offering of Common Stock

IRVINE, Calif., Nov. 18, 2015 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (Nasdaq:HABT) ("The Habit" or the "Company") today announced that it has commenced a proposed public follow-on offering of its common stock (the "Offering"). In the Offering, which is subject to market and other conditions, certain of the Company's stockholders intend to offer 5,000,000 shares of the Company's Class A Common Stock for sale. Additionally, certain of the Company's stockholders intend to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of the Company's Class A Common Stock. The Company will not receive any proceeds from the sale of shares by the selling stockholders.

Piper Jaffray & Co., Robert W. Baird & Co. Incorporated and Wells Fargo Securities, LLC are acting as active joint book-running managers for the Offering. Raymond James & Associates, Inc. is also acting as a book-runner for the Offering and Stifel and Stephens Inc. are acting as co-managers for the Offering.

The Offering will be made only by means of a prospectus. The final prospectus relating to the Offering will be filed with the Securities and Exchange Commission and copies may be obtained, when available, from: Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by emailing prospectus@pjc.com, or by calling (800) 747-3924; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, by emailing syndicate@rwbaird.com, or by calling (800) 792-2473; or Wells Fargo Securities, LLC c/o Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by emailing cmclientsupport@wellsfargo.com, or by calling 1-800-326-5897.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time when the registration statement becomes effective. Copies of the registration statement can be accessed through the Securities and Exchange Commission's website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.

About The Habit Restaurants, Inc.

The Habit Burger Grill is a fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. The first Habit opened in Santa Barbara, California in 1969. The Habit has since grown to over 125 restaurants in 12 markets throughout California, Arizona, Utah, New Jersey, Florida and Nevada.

CONTACT: Investors:
         (949) 943-8692

         (949) 943-8691

The Habit logo

Habit Restaurants, Inc.