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Rick's Cabaret Will Hold Conference Call May 8th to Discuss Second Quarter Results and Will Stage a "Due Diligence Ball" at Its New York City Club on May 13th

Business Wire, May 2, 2008

HOUSTON -- Rick's Cabaret International, Inc. (NASDAQ/GM:RICK), premier operator of adult nightclubs, will release its second quarter 2008 results on May 8th, followed by a conference call/webcast hosted by CEO Eric Langan. On May 13th the company will hold a "Due Diligence Ball" for financial industry professionals and investors at the company's New York City nightclub.

The May 8th conference call is scheduled to begin at 4:30 p.m. EDT and will allow securities analysts and shareholders the opportunity to hear management discuss results for the quarter ended March 31, 2008. The call is being webcast by VCall (click here) and can be accessed at the Rick's Cabaret website, ricks.com or www.InvestorCalendar.com. 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 877-660-6853 (international callers dial 201-689-8031).

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The "Due Diligence Ball" has become a popular aspect of the Rick's Cabaret relationship with investors and financial community professionals, offering them an opportunity to see the company's operation first hand and talk with Mr. Langan. Usually held immediately after the company's quarterly conference call it is being held a few days later this period because of travel schedule conflicts. Guests receive free admission to the club, free hors d'oeuvres and can purchase all drinks at discount prices from 6 p.m. to 8 p.m. To RSVP email ir@ricks.com.

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, operates or licenses adult nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities under the names "Rick's Cabaret," "XTC," "Club Onyx" and "Tootsie's Cabaret". Sexual contact is not permitted at 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 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 cities where we operate, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our websites, 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 Cabaret has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit ricks.com.

Business Services Industry

Rick's Cabaret Will Hold Conference Call May 8th to Discuss Second Quarter Results and Will Stage a "Due Diligence Ball" at Its New York City Club on May 13th

Business Wire, May 2, 2008

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