Rick's Cabaret International, Inc. Reports December Nightclub Sales Exceed $5 Million, Up 98.7 Percent Over Previous Year

HOUSTON-(January 8, 2008)-Rick's Cabaret International, Inc. [NASDAQ-GM:RICK], operator of upscale gentlemen's clubs, today reported sales of $5,035,367 at its 15 nightclubs for December 2007, a 98.7 percent increase over the previous year‚s total of $2,534,659.

The strong growth was largely attributable to the acquisition of Tootsie's Cabaret in Miami Gardens, FL, where sales exceeded the revenues anticipated when the company bought the club.

Same club sales were $2,684,124, up 5.9 percent over the December 2006 period, driven by continued strong growth at Rick's Cabaret in New York City, Club Onyx in Charlotte, NC, and several other clubs.

"We are highly pleased with the performance of Tootsie's in our first month of ownership," said Eric Langan, President and CEO of the company. "The contribution from our newest addition was even stronger than we had anticipated."

The December sales bring nightclub revenues for the company's first quarter to $10,774,293, a 57.8 percent increase over the $6,829,350 registered in the first quarter of 2006.

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]