X0202 4 2005-06-21 0 0000093859 STEAK & SHAKE CO SNS 0001243550 KELLEY WAYNE L 3800 ARCO CORPORATE DR. SUITE 300 CHARLOTTE NC 28273 1 0 0 0 Common Stock 20600 D Common Stock 2005-06-21 4 W 0 22097 0 A 60782 I See Footnote Common Stock 2005-06-21 4 W 0 10702 0 A 10702 I See Footnote Common Stock 2005-06-21 4 W 0 5186 0 A 5186 I See Footnote Option 18.26 2005-02-09 2009-11-17 Common Stock 5000 5000 D These shares are held by the Residuary Marital Trust U/W Estel W. Kelley. Wayne Kelley is one of three trustees and one of several beneficiaries of this trust. He disclaims any interest in the shares reported herein except to the extent of his pecuniary interest therein. These shares are held by the GST Marital Trust U/W Estel W. Kelley. Wayne Kelley is one of three trustees and one of several beneficiaries of this trust. He disclaims any interest in the shares reported herein except to the extent of his pecuniary interest therein. These shares are held by the Credit Trust U/W Estel W. Kelley. Wayne Kelley is one of three trustees and one of several beneficiaries of this trust. He disclaims any interest in the shares reported herein except to the extent of his pecuniary interest therein. David C. Milne; Attorney-in-fact 2005-06-21