Rick's Cabaret Reports $2.1 Million In Nightclub Sales For October, Up 18 Percent Over Previous Year

HOUSTON -(November 7, 2006)- Rick's Cabaret International, Inc. [NASDAQ:RICK], said today it recorded $2,114,173 in sales from its nightclubs in October, an increase of 18 percent over the $1,793,047 during the same period in the previous year.

"Our two new San Antonio clubs have begun contributing as expected, but we were delayed in closing on the new Rick's Cabaret in Austin because of permitting issues that now are close to being resolved with closing shortly," said Eric S. Langan, CEO of Rick's Cabaret. "Considering that October in an election year is traditionally slower than normal, we had a good month. We are particularly satisfied with the steady growth of Rick's Cabaret-New York City."

Mr. Langan said the new Rick's Cabaret-Austin will have its grand opening on November 16th. Upon closing, the company will acquire a 51 percent ownership position in the brand new 22,000-square-foot club.

About Rick's Cabaret
Rick's Cabaret International, Inc. (NASDAQ: RICK, www.ricks.com) 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, www.couplestouch.com, and a network of online adult auction sites under the flagship URL www.naughtybids.com. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact [email protected] or visit www.ricks.com.

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, 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]