Word of the Day

Exchange-Traded Fund

In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.

Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will rise and fall in value pretty much the same amount as the Dow or S&P.

You can also buy ETFs that invest in other types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few years, so there is no shortage of ETFs to invest in.

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Friday, July 25, 2008

Morton's Restaurant Group, Inc. to Issue Results for Second Quarter 2008 on July 30, 2008; Conference Call Scheduled

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Comtex

CHICAGO, July 25, 2008 /PRNewswire-FirstCall via COMTEX/ ----Morton's Restaurant Group, Inc. (NYSE: MRT), the world's largest operator of company-owned upscale steakhouses, will report its unaudited financial results for the second quarter of fiscal 2008 on Wednesday, July 30, 2008 after the close of markets that day. The Company has scheduled a conference call and webcast for investors at 5:00 p.m. ET that day to discuss the unaudited financial results.

Hosting the call will be Thomas J. Baldwin, Chairman, Chief Executive Officer and President of Morton's Restaurant Group, Inc. and Ronald M. DiNella, Senior Vice President and Chief Financial Officer. The news release reporting second quarter of fiscal 2008 unaudited financial results will be issued on Wednesday, July 30, 2008 after the close of the markets that day.

 Date: Wednesday, July 30, 2008 Time: 5:00 p.m. ET (please dial in by 4:45 p.m.) Dial-In #: 800-299-0148
   U.S. & Canada 617-801-9711 International Confirmation code: 48386537

Alternatively, the conference call will be webcast at www.mortons.com under the "Investor Relations" tab. For those unable to participate, an audio replay will be available from 7:00 p.m. ET on Wednesday, July 30, 2008, through midnight Wednesday, August 13, 2008. To access the replay, please call 888-286-8010 (U.S. & Canada) or 617-801-6888 (International) and enter confirmation code 74204311. A web-based archive of the conference call will also be available at the above website.

CONTACT: Ronald M. DiNella, Senior Vice President, Chief Financial Officer, Morton's Restaurant Group, Inc., (312) 923-0030.

About Morton's

Morton's Restaurant Group, Inc. is the world's largest operator of company-owned upscale steakhouses. Morton's steakhouses have remained true to our founders' original vision of combining generous portions of high quality food prepared to exacting standards with exceptional service in an enjoyable dining environment. As of July 25, 2008, the Company owned and operated 80 Morton's steakhouses located in 68 cities across 28 states, Puerto Rico and five international locations (Hong Kong, Macau, Singapore, Toronto and Vancouver) and three Italian restaurants. Please visit our Morton's website at www.mortons.com.

SOURCE Morton's Restaurant Group, Inc.

http://www.mortons.com

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