13D Filing: Newcastle Partners L P and Rave Restaurant Group Inc. (NASDAQ:RAVE)

Mark E. Schwarz is the
Chief Executive Officer of NCMS and the sole trustee of the Schwarz Trust. Clinton J. Coleman is a Managing Director and investment
professional of NCM. The principal business of NP is investing in securities. The principal business of NCM is investment management.
The principal business of NCG is acting as general partner of NCM.  The principal business of NCMS is providing management
and advisory services and investing in securities. The principal business address for each of Schwarz, Coleman, the Schwarz Trust,
NCMS, NCG, NCM and NP is 200 Crescent Court, Suite 1400, Dallas, Texas 75201. The principal business of Hallmark, HSIC, HIC and
AHIC is marketing, distributing, underwriting, and servicing of property and casualty insurance products for businesses and individuals
in the United States. The principal business address of Hallmark, HSIC, HIC and AHIC is 777 Main Street, Suite 1000, Fort Worth,
TX 76102.

Item 2(d). During
the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).

Item 2(e). During
the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body
of competent jurisdiction, and as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation
with respect to such laws.

Item 2(f). Schwarz
and Coleman are citizens of the United States.

Item 3 is hereby amended and restated in its
entirety as follows:

As of the date of this
Amendment No. 29, NP had directly invested an aggregate $5,531,101 with respect to its beneficial ownership of the Common Stock,
consisting of $4,446,101 (inclusive of brokerage commissions) for the purchase of outstanding shares and $1,085,000 for the purchase
of Convertible Notes.  The source of the foregoing funds was the working capital of NP.  None of NCM, NCG,
NCMS or the Schwarz Trust directly owns any shares of Common Stock.

As of the date of this
Amendment No. 29, Mark E. Schwarz had directly invested an aggregate of $335,145 with respect to his beneficial ownership of the
Common Stock, consisting of $307,345 (inclusive of brokerage commissions) for the purchase of outstanding shares and $27,800 for
the purchase of Convertible Notes.  The source of the foregoing funds was the personal funds of Mr. Schwarz.  Mr.
Schwarz also directly owns options exercisable within sixty days from the date hereof for 95,000 shares of Common Stock, which
options were granted to him as consideration for his service as a director of the Company.