Rick's Cabaret New York Celebrates Third Anniversary October 21st With Gala Four-Day Party At Its Midtown Nightclub; Giveaways Include Trip To Vegas For Two

Leading Gentlemen's Club Will Also Open Its "Top of Rick's Smoking Deck & Roof Garden"

NEW YORK CITY - (October 14, 2008) - Rick's Cabaret International, Inc. [NASDAQ-GM:RICK], will throw a gala third birthday party October 21st through 24th at its Midtown Manhattan adult nightclub and Rick's Steakhouse (50 West 33rd Street).

Guests attending the party on Tuesday, October 21st will receive special gifts and will have the chance to win the grand prize - a trip for two to Las Vegas to attend the grand opening of the company's newest club, Rick's Cabaret-Las Vegas. The grand prize includes accommodations October 24-25 at The Hard Rock Hotel & Casino, plus private limo transportation to and from Rick's Cabaret, where the winner will receive VIP treatment in his or her personal skybox, with a $1,000 bar tab compliments of the house.

At the New York City parties on Wednesday, Thursday and Friday guests can munch on free hors d'oeuvres prepared by culinary institute-trained Chef Nestor, sample cocktail specials sponsored by Moet/Hennessy, and will be eligible to participate in drawings for valuable prizes.

Rick's Cabaret-NYC opened in September 2005 and has grown at a spectacular rate since then to become the city's leading gentlemen's club.

The club, which is a flagship of the 19 clubs owned by publicly traded Rick's Cabaret, occupies three floors, with a cabaret on the first floor, restaurant and entertainment on the second floor and VIP suites on the third floor. The newly opened Top of Rick's Smoking Deck & Roof Garden spans the roof of the building and features lush plantings and top and side awnings to protect against the weather. The club's famous Girls of Rick's entertainers mingle with guests in the garden, and those on the rooftop who can tear their eyes away from the entertainers long enough can enjoy a spectacular bottom-up view of the Empire State Building, just across 33rd Street.

"The New York City anniversary party gives us a chance to thank our regular guests and to introduce the club to those who are new," said Ed Anakar, Director of Operations for Rick's Cabaret International, who was the first general manager of the club and continues to oversee its operations. "We'll give tours of our refurbished facility, including a visit to the Top of Rick's Smoking Deck & Roof Garden. The icing on the cake is the chance to win a trip to Las Vegas and other prizes."

Admission to the club is free from 6 pm to 9 pm.

"People are still talking about our second anniversary party, and our third should be even more amazing," said Ken Sistrunk, General Manager of Rick's Cabaret-NYC.

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 operates a media division, ED Publications, and owns the adult Internet membership Web site, couplestouch.com as well as 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 it operates, 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 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 visit www.ricks.com.

Media Contact: Allan Priaulx, 212-338-0050, ir@ricks.com