ARK RESTAURANTS CORP — Director's Dealing 2008

Mar 31, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARK RESTAURANTS CORP (ARKR)
CIK: 0000779544
Period of Report: 2008-03-27

Reporting Person: Prides Capital Partners, LLC (10% Owner)
Reporting Person: Richardson Kevin A II (10% Owner)
Reporting Person: Indick Murray A (10% Owner)
Reporting Person: Lawlor Henry J Jr (10% Owner)
Reporting Person: McCarthy Charles E (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-27	Common Stock, $.01 par value	S	784	$30.3497	Disposed	377530	Indirect
2008-03-31	Common Stock, $.01 par value	S	100	$27.75	Disposed	377430	Indirect

Footnotes

F1: The shares of Common Stock reported herein as indirectly beneficially owned by Prides Capital Partners, L.L.C. are owned directly by Prides Capital Fund I, L.P. (377,430 shares of common stock). Because Prides Capital Partners, L.L.C. is the general partner of Prides Capital Fund I, L.P., Prides Capital Partners, L.L.C. may be deemed to be the beneficial owner of shares owned by such entity. Because Kevin A. Richardson, II, Murray A. Indick, Henry J. Lawlor, Jr., and Charles E. McCarthy are the controlling shareholders of Prides Capital Partners, L.L.C., they may be deemed to be the beneficial owners of shares deemed to be beneficially owned by such entity. Each of Prides Capital Partners, L.L.C., Prides Capital Fund I, L.P, Kevin A. Richardson, II, Murray A. Indick, Henry J. Lawlor, Jr., and Charles E. McCarthy disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein.