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Grow to Greatness

Local Salon Franchisee Wins Regis Corporation's 2006 Multi-concept Franchisee Of The Year Award


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FOR IMMEDIATE RELEASE
OCTOBER 26, 2006

October 26, 2006 // Franchising.com // Minneapolis, MN - At their September 2006 Franchisee Convention, Regis Corporation (NYSE: RGS), the industry leader in salons, hair restoration centers and education, awarded Jamil and Kitty Alaily of Kimberly, Wisconsin, with the 2006 Multi-Concept Franchisee of the Year Award. The award recognizes franchisees with successful management skills, which include achieving exemplary business results and sharing knowledge with other franchisees. The Alaily's work with their salon staff, helping them grow professionally, providing outstanding leadership, and serving as excellent role models. They also assist other franchisees by offering ideas, input and time to help improve their businesses.

In 1984, Kitty and Jamil Alaily started with one Cost Cutters salon in Neenah, Wisconsin. With Kitty in the United States and Jamil working overseas, after hard work and many long distance phone calls, the two soon saw success. That success resulted in their receiving the Franchisee of the Year award for Cost Cutters in both 1987 and 1998. With support from Regis and the extensive franchisee network, the Alaily's now franchise 35 Cost Cutters and five Supercuts hair salons throughout Wisconsin.

Supercuts

Supercuts provides consistent, high-quality hair-care services and professional products to its customers at convenient times and locations and at reasonable prices. The concept appeals to men, women and children, although male customers account for the majority of the clientele. Supercuts offers a broad selection of professional hair-care products including Paul Mitchell, American Crew, Nioxin, Tigi and more.

Cost Cutters

Cost Cutters is the perfect place for families on a budget to get the latest in haircuts and styling. From traditional to trendy, Cost Cutters stylists are trained to offer a full range of styles and services. The salon offers haircuts, styling, perms, texture wraps, coloring and highlighting services, waxing and a large selection of professional hair care product lines. Depending on hair length and technique, services and prices vary by location.

About Regis Corporation

Regis Corporation (NYSE:RGS) is the beauty industry's global leader in salons, hair restoration centers and education. As of June 30, 2006, the Company owned or franchised 11,477 worldwide locations; which included 11,333 beauty salons, 90 hair restoration centers and 54 beauty schools operating under concepts such as Supercuts, Jean Louis David, Vidal Sassoon, Regis Salons, MasterCuts, Trade Secret, SmartStyle, Cost Cutters and Hair Club for Men and Women. These and other concepts are located in the US and in ten other countries throughout North America and Europe. For additional information about the Company, including management's current financial outlook and a reconciliation of non-GAAP financial information, please visit the Investor Information section of the corporate website at www.regiscorp.com.


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