Mark D. Kalinowski

MARK D. KALINOWSKI, a Director at Smith Barney, began covering the
restaurant industry in March 2000. Prior to this he assisted in covering
the photography and imaging industry for Smith Barney from May 1996
until November 1999. In 2001, He was cited as a Next Generation analyst
by Institutional Investor magazine, which highlights the best up and
coming analysts on Wall Street. In 2002, Institutional Investor awarded
him a ranked position, as a Runner-Up within the restaurant category.
Also, together with Michael Rietbrock, lodging analyst at Smith Barney,
Mr. Kalinowski was voted number one in the 2001 Reuters survey in the
hotels, restaurants and leisure category. He secured his Master’s in
Business Administration degree and Bachelor’s of Science in Mechanical
Engineering degree from the University of Michigan.