SIXTH AMENDMENT TO AMENDED AND RESTATED

LOAN FACILITY AGREEMENT AND GUARANTY

        THIS SIXTH AMENDMENT TO AMENDED AND RESTATED LOAN FACILITY AGREEMENT AND
GUARANTY (this “Sixth Amendment”) dated as of April 30 2003, by and among
RUBY TUESDAY, INC., a Georgia corporation (the “Sponsor”), each of the financial
institutions listed on the signature pages hereto (the “Participants”), SUNTRUST
BANK, in its capacity as the existing Servicer for the Participants under the
Loan Facility Agreement (as hereinafter defined) (in such capacity the “Existing
Servicer”) and as Co-Syndication Agent, and BANK OF AMERICA, N.A., in its
capacity as the successor Servicer and as administrative agent for the
Participants under the Loan Facility Agreement (the “Successor Servicer”).

        W I T N E S S E T H:

        WHEREAS, the Sponsor, the Participants and the Existing Servicer have
entered into that certain Amended and Restated Loan Facility Agreement and
Guaranty dated as of October 11, 2000, as amended (as amended, supplemented or
otherwise modified, the “Loan Facility Agreement”); and

        WHEREAS, the Sponsor, the Participants, the Existing Servicer and the
Successor Servicer have agreed to modify the Loan Facility Agreement as set
forth herein.

        NOW, THEREFORE, for and in consideration of the mutual premises
contained herein and other valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto, intending to be legally
bound, agree as follows:

    1.        Amendment to Introductory Paragraph of Loan Facility Agreement.
The introductory paragraph of the Loan Facility Agreement is hereby amended in
its entirety so that such paragraph now reads as follows:

          THIS AMENDED AND RESTATED LOAN FACILITY AGREEMENT AND GUARANTY (the
“Agreement”) made as of this 11th day of October, 2000, as amended, by and among
RUBY TUESDAY, INC., a Georgia corporation having its principal place of business
and chief executive office at 150 W. Church Avenue, Maryville, Tennessee 37801
(“Sponsor”), BANK OF AMERICA, N.A. (“Bank of America”) and each of the other
lending institutions listed on the signature pages hereto (Bank of America, such
lenders, together with any assignees thereof becoming “Participants” pursuant to
the terms of this Agreement, the “Participants”), BANK OF AMERICA, N.A., a
banking association, as Servicer and agent for the Participants (in such
capacity, the “Servicer”) and SUNTRUST BANK, as Co-Syndication Agent for the
Participants (in such capacity, the “Co-Syndication Agent”).

    2.        Amendment to Section 1.1 of the Loan Facility Agreement. Section
1.1 of the Loan Facility Agreement is hereby amended by deleting the definition
of “Servicing Agreement” in its entirety and replacing it with the following:

          “Servicing Agreement” shall mean that certain Servicing Agreement
dated as of April 30, 2003 by and between the Sponsor and Bank of America, N.A.,
as amended, restated, supplemented or otherwise modified from time to time.

    3.        Amendment to Section 1.2 of the Loan Facility Agreement. Section
1.2 of the Loan Facility Agreement is hereby amended by adding the following
proviso to the end thereof:

          ; provided, that if the Sponsor notifies the Servicer that the Sponsor
wishes to amend any covenant herein to eliminate the effect of any change in
GAAP on the operation of such covenant, then the Sponsor’s compliance with such
covenant shall be determined on the basis of GAAP in effect immediately before
the relevant change in GAAP became effective, until either such notice is
withdrawn or such covenant is amended in a manner satisfactory to the Sponsor
and the Required Participants.

    4.        Amendment to Section 12.9 of the Loan Facility Agreement. Section
12.9 of the of the Loan Facility Agreement is hereby amended in its entirety so
that it now reads as follows:

          12.9 Appointment of Documentation Agent and Co-Syndication Agents. The
Participants hereby appoint AmSouth Bank as Documentation Agent and Wachovia
Bank, National Association and SunTrust Bank as Co-Syndication Agents. Each
Participant agrees that the Documentation Agent and Co-Syndication Agents shall
have no duties or obligations under any Operative Documents or Loan Documents to
any Participants or to any Loan Party.

    5.        Amendment to Section 13.1 of the Loan Facility Agreement. Section
13.1 of the Loan Facility Agreement is hereby amended by designating the
following address of the Servicer:

Bank of America, N.A. Commercial Agency Management Laura Schmuck, Agency Officer
231 S. LaSalle St. Chicago, IL 60697 Phone: 312-828-3935 Fax: 877-206-8427

With a copy to: Bank of America, N.A. 550 W. Main Avenue Suite 800 Knoxville, TN
37902 Attention: John M. Hall Fax: 865-546-2865

    6.        Resignation and Appointment. (a) SunTrust Bank hereby resigns as
Servicer, (b) the Sponsor and the Required Participants hereby appoint Bank of
America, N.A. as successor Servicer, (c) Bank of America, N.A. hereby accepts
such appointment as Servicer, and (d) all references in the Loan Facility
Agreement and the Operative Documents (as defined in the Loan Facility
Agreement) to “SunTrust Bank” (in its capacity as Servicer) shall refer to “Bank
of America, N.A.” and all references in the Loan Facility Agreement to
“SunTrust’s” shall refer to “Bank of America’s”.

    7.        Effectiveness. This Sixth Amendment shall become effective as of
the date first above written (the “Effective Date”) when this Sixth Amendment
shall have been executed and delivered by the Sponsor, the Required
Participants, the Existing Servicer and the Successor Servicer.

    8.        Representations and Warranties of Sponsor. Sponsor, without
limiting the representations and warranties provided in the Loan Facility
Agreement, represents and warrants to the Participants and the Servicer as
follows:

    1.        The execution, delivery and performance by Sponsor of this Sixth
Amendment are within Sponsor’s corporate powers, have been duly authorized by
all necessary corporate action (including any necessary shareholder action) and
do not and will not (a) violate any provision of any law, rule or regu1ations,
any judgment, order or ruling of any court or Governmental Authority (as defined
in the Loan Facility Agreement), the articles of incorporation or by-laws of the
Sponsor or any indenture, material agreement or other material instrument to
which Sponsor is a party or by which Sponsor or any of its properties is bound
or (b) be in conflict with, result in a default under, or constitute with notice
or lapse of time or both a default under any such indenture, agreement or other
instrument.

    2.        This Sixth Amendment constitutes the legal, valid and binding
obligations of the Sponsor, enforceable against the Sponsor in accordance with
its terms.

    3.        No Credit Event has occurred and is continuing as of the Effective
Date.

    9.        Survival. Each of the foregoing representations and warranties
shall be made at and as of the Effective Date. Each of the foregoing
representations and warranties shall constitute a representation and warranty of
the Sponsor under the Loan Facility Agreement, and it shall be a Credit Event if
any such representation and warranty shall prove to have been incorrect or false
in any material respect at the time when made. Each of the representations and
warranties made under the Loan Facility Agreement (including those made herein)
shall survive and not be waived by the execution and delivery of this Sixth
Amendment or any investigation by the Participants or the Successor Servicer.

    10.        No Waiver, Etc. The Sponsor hereby agrees that nothing herein
shall constitute a waiver by the Participants of any Credit Event, whether known
or unknown, which may exist under the Loan Facility Agreement. The Sponsor
hereby further agrees that no action, inaction or agreement by the Participants,
including without limitation, any indulgence, waiver, consent or agreement
altering the provisions of the Loan Facility Agreement which may have occurred
with respect to the non-payment of any obligation during the terms of the Loan
Facility Agreement or any portion thereof; or any other matter relating to the
Operative Documents (as defined in the Loan Facility Agreement) shall require or
imply any future indulgence, waiver, or agreement by the Participants. In
addition, the Sponsor acknowledges and agrees that it has no knowledge of any
defenses, counterclaims, offsets or objections in its favor against any
Participant with regard to any of the obligations due under the terms of the
Loan Facility Agreement as of the date of this Sixth Amendment.

    11.        Ratification of Loan Facility Agreement. Except as expressly
amended herein, all terms, covenants and conditions of the Loan Facility
Agreement and the other Operative Documents shall remain in full force and
effect, and the parties hereto do expressly ratify and confirm the Loan Facility
Agreement as amended herein. All future references to the Loan Facility
Agreement shall be deemed to refer to the Loan Facility Agreement as amended
hereby.

    12.        Binding Nature. This Sixth Amendment shall be binding upon and
inure to the benefit of the parties hereto, their respective heirs, successors,
successors-in-titles, and assigns.

    13.        Costs, Expenses and Taxes. The Sponsor agrees to pay on demand
all reasonable costs and expenses of the Successor Servicer in connection with
the preparation, execution and delivery of this Sixth Amendment and the other
instruments and documents to be delivered hereunder, including, without
limitation, the reasonable fees and out-of-pocket expenses of counsel for the
Successor Servicer with respect thereto and with respect to advising the
Successor Servicer as to its rights and responsibilities hereunder and
thereunder. In addition, the Successor Servicer shall pay any and all stamp and
other taxes payable or determined to be payable in connection with the execution
and delivery of this Sixth Amendment and the other instruments and documents to
be delivered hereunder, and agrees to save the Successor Servicer and each
Participant harmless from and against any and all liabilities with respect to or
resulting from any delay in paying or omission to pay such taxes.

    14.        Governing Law. THIS SIXTH AMENDMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF GEORGIA.

    15.        Entire Understanding. This Sixth Amendment sets forth the entire
understanding of the parties with respect to the matters set-forth herein, and
shall supersede any prior negotiations or agreements whether written or oral,
with respect thereto.

    16.        Counterparts. This Sixth Amendment may be executed in any number
of counterparts and by different parties hereto in separate counterparts and may
be delivered by telecopier. Each counterpart so executed and delivered shall be
deemed an original and all of which taken together shall constitute but one and
the same instrument.

--------------------------------------------------------------------------------

        IN WITNESS WHEREOF, the parties hereto have caused this Sixth Amendment
to be duly executed as of the day and year first above written.

RUBY TUESDAY, INC

BY: /s/Marguerite N. Duffy

Title: Senior Vice President and Chief Financial Officer

BANK OF AMERICA, N.A., in its capacity as Successor Servicer

BY:
/s/ Michael Brasher
Title:

BANK OF AMERICA, N.A., in its capacity as a Participant

BY: /s/John M. Hall

Title: Senior Vice President

SUNTRUST BANK, in its capacity as Existing Servicer

BY: /s/Marcella H. Howard

Title: Director

SUNTRUST BANK, in its capacity as Syndication Agent and as a Participant

BY: /s/Charles J. Johnson

Title: Managing Director

WACHOVIA BANK, NATIONAL ASSOCIATION

BY: /s/William F. Fox

Title:

AMSOUTH BANK

BY: /s/ Michael Baker

Title: Senior Vice President

--------------------------------------------------------------------------------

CONSENT

        This Consent (this “Consent”), dated as of April 30, 2003, is delivered
in connection with the Sixth Amendment to Amended and Restated Loan Facility and
Guaranty, dated as of the date hereof (“Sixth Amendment”), by and among RUBY
TUESDAY, INC. a Georgia corporation (the “Sponsor”), the various financial
institutions from time to time parties hereto (the “Participants”), SUNTRUST
BANK, in its capacity as the existing Servicer for the Participants (in such
capacity the “Existing Servicer”) and in its capacity as Syndication Agent, and
Bank of America, N.A. in its capacity as the successor Servicer for the
Participants (in such capacity, the “Successor Servicer”). Unless otherwise
defined, terms used herein have the meanings provided in the Loan Facility
Agreement (as defined in the Sixth Amendment) as amended by the Sixth Amendment
(such agreement, as so amended, being the “Amended Loan Facility Agreement”).

        Each of the undersigned, as a party to the Subsidiary Guaranty
Agreement, hereby acknowledges and consents to the execution and delivery of the
Sixth Amendment, and hereby confirms and agrees that the Subsidiary Guaranty
Agreement is, and shall continue to be, in full force and effect, and hereby
ratifies and confirms in all respects its obligations thereunder, except that,
upon the effectiveness of, and on and after the date of, the Sixth Amendment,
all references in the Subsidiary Guaranty Agreement to the “Loan Facility
Agreement,“ “thereunder,” “thereof” or words of like import shall mean the
Amended Loan Facility Agreement.

        This Consent may be executed by the parties hereto in counterparts, each
of which shall be deemed to be an original and all of which shall constitute
together but one and the same instrument.

RUBY TUESDAY, LLC

BY: /s/  Daniel T.

Title: Vice President

RTBD, INC.

BY: /s/  Daniel T. Cronk

Title: Vice President