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FOG CUTTER CAPITAL GROUP INC.'S FATBURGER UNIT OPENS SOUTH EDMONTON COMMON LOCATION
December 20, 2007

FOR:   FOG CUTTER CAPITAL GROUP INC.
CONTACT:   Fog Cutter Capital Group Inc.
  (503) 721-6500   Andrew A. Wiederhorn, Chairman
  (310) 319-1871   Elaine Patel, Fatburger VP - Marketing
  (310) 319-1860   Seymour Floyd VP - Development

For Immediate Release

FOG CUTTER CAPITAL GROUP INC.'S
FATBURGER UNIT OPENS SOUTH EDMONTON COMMON LOCATION

(PORTLAND, OR) – December 20, 2007 -- Fog Cutter Capital Group Inc.'s (OTCBB: FCCG) Fatburger unit has announced the grand opening of the Fatburger Restaurant at South Edmonton Common.

Fatburger franchisee, Frank Di Benedetto, CEO of Ricky’s Family Restaurants ,Ltd and it’s subsidiary, Frankie’s Burger Enterprises, Ltd., plans to further expand the chain’s presence in Western Canada over the next few years.

Frankie’s has five other Fatburger locations in Western Canada including North Vancouver, downtown Vancouver, the Deerfoot Meadows lifestyle dining and shopping centre in Calgary, Langley’s Willowbrook Corner retail power centre, and Vancouver’s West End. Coming soon are Fatburger restaurants in White Rock and Prince George.

About Fatburger
Founded in Los Angeles, California in 1952, the Fatburger restaurant chain has 92 restaurants serving big, fresh, 100 percent pure lean beef burgers custom made and grilled right in front of customers in Arizona, California, Colorado, Florida, Georgia, Louisiana, Nevada, New Jersey, New York, Ohio, Pennsylvania, Texas, Virginia, Washington, Canada and Macao. Fatburger currently operates 40 company owned restaurants with franchisees operating the remaining 52 locations. Based in Santa Monica, California, the company is actively seeking new franchisees for available territories across the nation. Fatburger is a subsidiary of Fog Cutter Capital Group Inc. (OTCBB: FCCG). For more information, or to find a Fatburger restaurant near you, go to www.fatburger.com.



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