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RCI in Compliance with Nasdaq Periodic Filing Requirement

HOUSTON—March 9, 2018—RCI Hospitality Holdings, Inc. (Nasdaq: RICK) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market after the market closed yesterday notifying the company it is in compliance with Listing Rule 5250(c)(1) based on the March 7, 2018 filing of RCI's Form 10-Q for the quarter ended December 31, 2017. Accordingly, this matter is now closed with Nasdaq.

Media & Investor Contacts

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

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