Rick's Cabaret Reports $2,273,347 In February Nightclub Revenues, Up 12 Percent Over 2006

HOUSTON -(March 12, 2007)- Rick's Cabaret International, Inc. [NASDAQ:RICK], today reported revenues of $2,273,347 at its 13 nightclubs in February, an increase of about 12 percent from the $2,027,172 reported in February 2006.
The company said severe winter weather caused five of its nightclubs in Austin and San Antonio to close or curtail operations for about five days during February.  
Same store sales were $1,954,177, a 3.6 percent decline from the $2,027,172 registered last year, when the company benefited from about $300,000 in sales at its Houston Club Onyx location during the NBA All-Star Game.
The Rick's Cabaret-NYC recorded revenues about 32 percent higher than February 2006. The new Club Onyx in Charlotte reported sales that were about 50 percent higher than last year, when the location was operating as a Rick's Cabaret.

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; 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]