Rick's Cabaret Sets Grand Opening of Its Newest Gentlemen's Club in Austin for November 16th

Business Wire, Nov 13, 2006

AUSTIN, Texas -- Rick's Cabaret International, Inc. (NASDAQ: RICK), the company that introduced the upscale gentlemen's club concept in America, is set to launch its newest location in Austin, with a pre-opening extravaganza November 16, 17 and 18th.

"Simply put it is the finest gentlemen's club in central Texas," said Eric Langan, the Rick's Cabaret CEO who has personally supervised the finishing touches and the staffing for the brand new nightclub, which is located in northeast Austin at 8110 Springdale Road just off the busy Highway 290 bypass.

"With 22,000 square feet on two floors we have plenty of space, and yet we've retained an intimate, club-like atmosphere," Mr. Langan added. "Our guests are looking forward to the famous Rick's Cabaret hospitality, where everyone is made to feel welcome and special."

Invitations to the grand opening extravaganza parties are available on the www.ricks.com website.

Rick's Cabaret International acquired controlling interest in the establishment, which originally was built to be a Playmates Gentleman's Club, on November 10th. It is the 13th adult nightclub for the Rick's Cabaret group, which has establishments in New York City, Minneapolis, Houston, San Antonio, Charlotte and a licensed club in New Orleans.

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, 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 ir@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 or for media pass to grand opening: Allan Priaulx, 212-338-0050, ir@ricks.com