Rick's Cabaret Will Hold Conference Call February 12th To Discuss First Quarter Results; Investment Community Invited To A "Due Diligence Ball" Later At Its New York City Club

HOUSTON-(February 7, 2008)- Rick's Cabaret International, Inc. [NASDAQ:RICK], the premier publicly traded operator of gentlemen's clubs, will release its first quarter 2008 results on Tuesday, February 12th, followed by a conference call/webcast hosted by CEO Eric Langan. Financial industry professionals are invited to attend a "Due Diligence Ball" after the call at the company's New York City nightclub.

The February 12th conference call to discuss results of the quarter ended December 31, 2007 is scheduled to begin at 4:30 p.m. ET to allow securities analysts and shareholders the opportunity to hear management discuss the company's quarterly results. The call is being webcast by http://www.vcall.com/IC/CEPage.asp?ID=125984 (click here)(http://www.vcall.com/IC/CEPage.asp?ID=125984) and can also be accessed at the Rick’s Cabaret website, www.ricks.com. The toll free live participant dial-in number is 877-407-8031, and international callers are invited to dial 201-689-8031. The toll free replay Number is 877-660-6853.

The "Due Diligence Ball" is the latest such event held by Rick's Cabaret at its New York City flagship nightclub, designed to give the financial industry a chance to see the club's operations first hand. Industry professionals will receive free admission to the club, free hors d'oeuvres, and can purchase all drinks at discount prices from 6 p.m. to 9 p.m. To RSVP email [email protected].

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]