RCI Extends Filing Date of Annual Report

Houston—December 13, 2017—RCI Hospitality Holdings, Inc. (Nasdaq: RICK) has filed with the SEC an extension of no more than 15 calendar days to file its Annual Report on Form 10-K for the year ended September 30, 2017. As soon as the company has determined the date it will file, RCI will issue its customary news release announcing the date and time of its FY17 fourth quarter and year end news release and accompanying conference call. Earlier this week, the company reported the filing of its 10-K might be delayed due to time lost as a result of the hurricane in September and the transition to a new accounting system in October.

Forward-Looking Statements

This press release may contain 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 press release, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to cybersecurity, 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. The company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com