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FOG CUTTER CAPITAL GROUP, INC.’S FATBURGER UNIT OFFERS THREE HOLIDAY PROMOTIONS
November 19, 2007

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

For Immediate Release

FOG CUTTER CAPITAL GROUP INC.'S
FATBURGER UNIT OFFERS THREE HOLIDAY PROMOTIONS

(PORTLAND, OR) – November 19, 2007 -- Fog Cutter Capital Group Inc.'s (OTCBB: FCCG) Fatburger unit plans to celebrate the upcoming holiday season with three new promotions: the restaurant’s signature Turkeyburger, the seasonal Cookies & Ice Cream Shake and Big Fat Card gift cards.

Now through January 6th, all Fatburger locations – company-owned as well as franchisee-owned – will be offering these promotions to their customers. The Turkeyburger, featuring a lean ground turkey patty topped with mustard, relish, onions, pickles, lettuce, tomato and mayonnaise, is a delicious meal while the Cookies & Ice Cream Shake, made with Oreo cookies, hand-scooped real ice cream and topped with whipped cream, is a tasty treat only available for a limited time only.

For those customers that simply cannot pick just one menu item as their favorite, the recently-redesigned Big Fat Card gift cards will be available with an added bonus: for every $15 increment purchased, the purchaser will receive a free Fatburger. For example, if a customer buys a $15 card, they receive one free Fatburger but if they purchase a $45 card, they receive three free Fatburgers. The free Fatburgers may be obtained immediately or with a coupon during a subsequent visit.

Founded in Los Angeles, California in 1952, the Fatburger restaurant chain has 91 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 39 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.

Forward Looking Statements

Certain statements contained herein may not be based on historical facts and 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. Forward-Looking Statements are based on various assumptions (some of which are beyond the Company’s control) and may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as “may,” “will,” “believe,” “expect,” “anticipate,” “continue,” or similar terms or variations on those terms, or the negative of those terms. Actual results could differ materially from those set forth in Forward-Looking Statements due to a variety of factors as detailed in the Company’s annual and quarterly filings with the Security and Exchange Commission. Except as may be required by law, the Company does not undertake, and specifically disclaims any obligation, to publicly release the results of any revisions which may be made to any Forward-Looking Statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.



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