ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

Second Closing on Bridge Loan Extended.

Effective April 30, 2009, Granite City Food & Brewery Ltd. (the "Company") entered into an amendment to the bridge loan agreement dated March 30, 2009 with the investors therein (the "Amendment No. 2"). The bridge loan provided for $1,000,000 of partially convertible debt financing to the Company, and was described in the Company's Current Report on Form 8-K filed April 3, 2009, which is incorporated herein by reference. The Company has closed on $800,000 of the debt. Amendment No. 2 extends the time period for the closing of the $200,000 balance on the loan from the end of April 2009 to the end of May 2009. Amendment No. 2 is attached as Exhibit 10.1 hereto and incorporated herein by reference.

ITEM 8.01 OTHER EVENTS.

The Company and the investors previously entered into an Amendment No. 1 to the bridge loan agreement, which made certain amendments to the Forms of Note and Warrant. Amendment No. 1 is attached as Exhibit 10.2 hereto and incorporated herein by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

See "Exhibit Index."

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