Rick's Cabaret - NYC Celebrates 2nd Birthday With Three-Day Anniversary Extravaganza

NEW YORK CITY-(October 18, 2007)-Rick's Cabaret - NYC, which in two short years has become the premier adult nightclub in midtown Manhattan, is celebrating its second anniversary with a three-day extravaganza. The nightclub is the flagship location of Rick's Cabaret International, Inc., [NASDAQ:RICK] the publicly traded operator of upscale gentlemen’s clubs.

Visitors to Rick's Cabaret-NYC at 50 West 33rd Street will be treated to special prices on drinks, free hors d'oeuvres and door prizes – along with a non-stop cabaret show. The party begins Wednesday October 24th with all-day Masquerade Ball starting at 11 a.m. and running. The parties Thursday and Friday night will feature special cabaret performances plus raffles to win bottles of champagne or dinner at the Rick's Cabaret Steak House.

"We had a fabulous time at our first anniversary party last year, and the second birthday promises to be even better," said Ed Anakar, General Manager of the club that is located down the block from the Empire State Building and up the street from Madison Square Garden and Penn Station.

Rick's Cabaret opened officially in September 2005. The club occupies four floors in a converted office building, with cabaret entertainment on the first floor, fine steak house dining on the second floor and VIP suites on the third. The club features a state of the art sound system, plush seating and a warm, club-like atmosphere.

The restaurant has been included in the Time Out New York TONY 100 list of top dining experiences in New York City as well as in the Zagat's Nightlife Guide and has been the subject of feature articles in The New York Times, New York Daily News and New York Sun, an in-depth segment on CNBC and other coverage.

Visitors to the Rick’s Cabaret website (www.ricks.com) to download an invitation to come to the party with no cover charge.

About Rick's Cabaret
Rick’s Cabaret International, Inc. (NASDAQ: RICK) operates upscale adult nightclubs serving primarily businessmen and professionals that offer live adult entertainment, restaurant and bar operations. The company owns and operates or licenses adult nightclubs in New York City, New Orleans, Charlotte, Houston, Minneapolis and other cities under the names "Rick's Cabaret," "XTC" and "Club Onyx." No sexual contact is permitted at any of these locations. Rick's Cabaret also owns the adult Internet membership Web site, couplestouch.com, and a network of online adult auction sites under the flagship URL naughtybids.com. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact [email protected].

Forward-Looking Statements:
This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including:  the risks and uncertainties associated with operating and managing an adult business; the business climates in New York City and elsewhere; the success or lack thereof in launching and building the company's businesses in New York City and elsewhere; the Company's ability to identify and secure suitable locations for new nightclubs on acceptable terms, open the anticipated number of new nightclubs on time and within budget; achieve anticipated rates of same-store sales; hire and train additional nightclub personnel and integrate new nightclubs into its operations; unexpected increases in costs of sales or employee, pre-opening or other expenses; the economic conditions in the new markets into which the Company expands and possible uncertainties in the customer base in these areas; fluctuations in quarterly operating results; the impact of any negative publicity or public attitudes; competitive pressure from other national and regional nightclub chains; risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information go to www.ricks.com.