Exhibit 99.1

                             RARE Hospitality Signs
         Definitive Agreement for Sale of Bugaboo Creek for $28 Million



    ATLANTA--(BUSINESS WIRE)--Feb. 27, 2007--RARE Hospitality
International, Inc. (NASDAQ: RARE), today announced that it has signed
a definitive agreement with Bugaboo Creek Acquisition LLC, a wholly
owned subsidiary of Charlie Brown's Acquisition Corp., for the sale of
RARE's Bugaboo Creek concept. Charlie Brown's Acquisition Corp. is
owned by Trimaran Capital Partners, the New York-based private asset
management firm. The purchase price will be $28 million, payable at
closing. Consummation of the transaction, which is expected to occur
in the third quarter of fiscal 2007, is subject to the closing of the
purchaser's financing, obtaining necessary consents and other,
customary closing conditions. Wachovia Securities advised RARE
Hospitality on this transaction.

    Statements contained in this press release concerning future
results, performance or expectations are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements include statements regarding the intent,
belief or current expectations of the Company and members of its
management team, as well as assumptions on which such statements are
based. All forward-looking statements in this press release are based
upon information available to the Company on the date of this press
release. Forward-looking statements involve a number of risks and
uncertainties, and other factors, that could cause actual results,
performance or developments to differ materially from those expressed
or implied by those forward-looking statements including the
following: the ability to close the sale of the Company's Bugaboo
Creek concept; failure of facts to conform to necessary management
estimates and assumptions regarding financial and operating matters;
the Company's ability to identify and secure suitable locations for
new restaurants on acceptable terms, open the anticipated number of
new restaurants on time and within budget, achieve anticipated rates
of same-store sales, hire and train additional restaurant personnel
and integrate new restaurants into its operations; the continued
implementation of the Company's business discipline over a large and
growing restaurant base; increases in the cost of construction of new
restaurants; unexpected increases in cost of sales or employee,
pre-opening or other expenses; the economic conditions in the new
markets into which the Company expands and possible uncertainties in
the customer base in these areas; fluctuations in quarterly operating
results; seasonality; unusual weather patterns or events; changes in
customer dining patterns; the impact of any negative publicity or
public attitudes related to the consumption of beef or other products
sold by the Company; unforeseen increases in commodity pricing;
disruption of established sources of product supply or distribution;
competitive pressures from other national and regional restaurant
chains; legislation adversely affecting the restaurant industry,
including (without limitation) minimum wage and mandatory healthcare
legislation; business conditions, such as inflation or a recession, or
other negative effect on dining patterns, or some other negative
effect on the economy, in general, including (without limitation) war,
insurrection and/or terrorist attacks on United States soil; growth in
the restaurant industry and the general economy; changes in monetary
and fiscal policies, laws and regulations; and other risks identified
from time to time in the Company's SEC reports, including the annual
report on Form 10-K for 2005, Amendment No. 1 on Form 10-K/A to the
Annual Report on Form 10-K, quarterly reports on Form 10-Q and its
current reports on Form 8-K, registration statements, press releases
and other communications. Any forward-looking statement speaks only as
of the date it was made and the Company undertakes no obligation to
update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results over time.

    RARE Hospitality International, Inc. currently owns, operates and
franchises 334 restaurants, including 275 LongHorn Steakhouse
restaurants, 26 Capital Grille restaurants and 31 Bugaboo Creek Steak
House restaurants.



    CONTACT: RARE Hospitality International, Inc.
             W. Douglas Benn, 770-399-9595
             Chief Financial Officer