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Rick's Cabaret International, Inc. Reports 35.8 Percent Increase In October Nightclub Sales


HOUSTON-(November 6, 2007)-Rick's Cabaret International, Inc. [NASDAQ:RICK], operator of upscale gentlemen's clubs, reported October 2007 sales of $2,872,085, a 35.85 percent increase over sales in October 2006.

Several Rick's Cabaret nightclubs, including the flagship New York City location, posted strong sales increases over the previous October. The New Orleans Nights location in Fort Worth, TX, acquired by the company in April 2007, and the Club Onyx location in Charlotte, NC, also contributed to the sales growth.

Same store sales were up nearly 16 percent over the previous year's total of $2,114,172.

"Our New York City location continues to have exceptional growth." according to Eric Langan, President and CEO of Rick's Cabaret International. "We are also particularly pleased with the development of our Club Onyx in Charlotte and strong contribution from the new Fort Worth club."

October is the first month of the company's 2008 fiscal year. Results for the full 2007 fiscal year will be reported in December.

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.

Contact for further information: Allan Priaulx, 212-338-0050, [email protected]

© RCI Internet Services, Inc., All Rights Reserved. Rick’s Cabaret, Club Onyx, Silver City, XTC Cabaret, Foxy’s Cabaret, Hoops Cabaret, The Seville Club and Bombshells Restaurant and Bar are registered trademark of RCI Hospitality Holdings, Inc.
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