RCI to Report 4Q16 Sales & Hold Conference Call Oct. 13

HOUSTON, TX—October 6, 2016 – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) will report fiscal 2016 fourth quarter club and restaurant sales on Thursday, October 13, 2016, at 9 AM ET. Later that day, RCI will hold a 4Q16 and FY16 update conference call at 4:30 PM ET.

Eric Langan, President and CEO, explained, “We have a number of new and exciting developments that we would like to share with investors now, as opposed to waiting until our December 14 call, when we are scheduled to discuss final 4Q16 and FY16audited results.

“We are also presenting at the Dawson James conference Thursday, October 20, in Jupiter, FL, and the LD Micro conference December 7, in Los Angeles and want to be able to speak freely about the company.”

Conference Call Details

·         Date/Time: Thursday, October 13, at 4:30 PM ET

·         Live Participant Dial In (Toll Free): 877-407-9210

·         Live Participant Dial In (International): 201-689-8049

·         Webcast URL: http://www.investorcalendar.com/event/175320

Replay Details

·         Replay Number (Toll Free): 877-660-6853

·         Replay Number (International): 201-612-7415

·         Conference ID #: 13646421 (phone replay available until: November 13, 2016 at 11:59 PM)

·         Replay URL: http://www.investorcalendar.com/event/175320

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK)

With 44 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country’s leading company in gentlemen clubs and sports bars/restaurants. Clubs in New York City, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth, Houston, Minneapolis, Indianapolis and other cities operate under brand names, such as “Rick's Cabaret,” “XTC,” “Club Onyx,” “Vivid Cabaret,” “Jaguars” and “Tootsie’s Cabaret.” Sports bars/restaurants operate under the brand name “Bombshells.” Please visit http://www.rcihospitality.com/

Forward-Looking Statements

This press release may contain 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 press release, 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 cybersecurity, 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. The company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.

Contacts: Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com