RICK RCI Hospitality Holdings Inc

Rick�s Cabaret International, Inc. (NASDAQ: RICK), today reported revenues of $2,273,347 at its 13 nightclubs in February, an increase of about 12 percent from the $2,027,172 reported in February 2006. The company said severe winter weather caused five of its nightclubs in Austin and San Antonio to close or curtail operations for about five days during February. Same store sales were $1,954,177, a 3.6 percent decline from the $2,027,172 registered last year, when the company benefited from about $300,000 in sales at its Houston Club Onyx location during the NBA All-Star Game. The Rick�s Cabaret-NYC recorded revenues about 32 percent higher than February 2006. The new Club Onyx in Charlotte reported sales that were about 50 percent higher than last year, when the location was operating as a Rick�s Cabaret. 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 and operates or licenses adult nightclubs in New York City, New Orleans, Charlotte, Houston, Minneapolis and other cities under the names "Rick's Cabaret," "XTC" and �Club Onyx.� No sexual contact is permitted at any of 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 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 go to ricks.com.