Rick's Cabaret Will Hold Conference Call December 29, 2008 to Discuss Fourth Quarter And Fiscal 2008 Results

HOUSTON - (December 19, 2008) - Rick's Cabaret International, Inc. [NASDAQ-GM:RICK] will release its fiscal 2008 results on Monday, December 29th, followed by a conference call/webcast at 4:30 pm (EDT) hosted by CEO Eric Langan.

The conference call will allow securities analysts and shareholders the opportunity to hear management discuss results for the quarter ended September 30, 2008 as well as the fiscal year. The call is being webcast by Vcall and can be accessed at the Rick's Cabaret website, www.ricks.com or www.InvestorCalendar.com. Toll free live participant dial-in number is 877-407-8033, and international callers are invited to dial 201-689-8033. The toll free domestic replay number 877-660-6853 (Account number 286, conference ID number307825) international callers dial 201-612-7415).

Mr. Langan said that the integration of the results from six new club acquisitions and the addition of a media division to the company in the past year made preparation and auditing of the company's Form 10-KSB more complex than in previous years, but the report would be filed within the mandated time frame.

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, Las Vegas, 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; a network of online adult auction sites under the flagship URL naughtybids.com; ED Publications, the national trade magazine and convention for the adult nightclub industry; and Storerotica, the national trade magazine and convention for the adult product and intimate apparel industries. Rick's Cabaret common stock is traded on the NASDAQ Global Market 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 visit www.ricks.com.

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