X0202 4 2008-05-27 0 0000093859 STEAK & SHAKE CO SNS 0001334426 LION FUND, L.P. 9311 SAN PEDRO AVENUE, SUITE 1440 SAN ANTONIO TX 78216 0 0 1 0 0001334429 BIGLARI CAPITAL CORP. C/O THE LION FUND L.P. 9311 SAN PEDRO AVENUE, SUITE 1440 SAN ANTONIO TX 78216 0 0 1 0 0001334430 BIGLARI, SARDAR C/O THE LION FUND L.P. 9311 SAN PEDRO AVENUE, SUITE 1440 SAN ANTONIO TX 78216 1 0 1 0 0000930686 WESTERN SIZZLIN CORP 1338 PLANTATION ROAD ROANOKE VA 24012 0 0 1 0 0001422112 Western Acquisitions L.P. 1338 PLANTATION ROAD ROANOKE VA 24012 0 0 1 0 0001422110 Western Investments Inc. 1338 PLANTATION ROAD ROANOKE VA 24012 0 0 1 0 Common Stock, par value $.50 2008-05-27 4 P 0 5000 6.8226 A 977200 D Common Stock, par value $.50 1517445 I By Western Acquisitions L.P. Each of the Reporting Persons is a member of a Section 13(d) group with respect to the securities of the Issuer that beneficially owns in excess of 10% of the Issuer's outstanding shares of Common Stock. As members of the group, each of the Reporting Persons may be deemed to beneficially own the securities of the Issuer beneficially owned by the other members of the group. The Reporting Persons disclaim beneficial ownership of the securities of the Issuer beneficially owned by the other members of the group except to the extent of his or its pecuniary interest therein. By: The Lion Fund L.P., By: Biglari Capital Corp., General Partner, By: Sardar Biglari, Chief Executive Officer 2008-05-29 By: Biglari Capital Corp., By: Sardar Biglari, Chief Executive Officer 2008-05-29 /s/ Biglari, Sardar 2008-05-29 By: Western Sizzlin Corp., By: Sardar Biglari, Chief Executive Officer 2008-05-29 By: Western Acquisitions L.P., By: Western Investments Inc., General Partner, By: Sardar Biglari, Chief Executive Officer 2008-05-29 By: Western Investments Inc., By: Sardar Biglari, Chief Executive Officer 2008-05-29