Exhibit 99

CONTACT:	REGIS CORPORATION:
	Jack Nielsen – Director, Finance
	952-806-1765

For Immediate Release

REGIS SECOND QUARTER REVENUES GREW EIGHT PERCENT TO $657 MILLION
-Second Quarter Same-Store Sales Increased 0.5 Percent-

MINNEAPOLIS, January 10, 2007 — Regis Corporation (NYSE:RGS), the global leader in the $150 billion hair care industry, today reported that consolidated revenues increased eight percent in the second fiscal quarter of 2007 to a record $657 million, compared to $607 million a year ago. Second quarter same-store sales increased 0.5 percent, falling within the company’s previously issued guidance range of negative one percent to positive one percent.

Second Quarter Revenues:

	For the Three Months Ended December 31, 2006
	Salons				Beauty		Hair Restoration
	North America		International		Schools		Centers		Consolidated
(Dollars in thousands)
Revenues:
Service	$	372,227	$	35,234	$	20,143	$	12,808	$	440,412
Product	163,291		15,920		1,834		15,743		196,788
Royalties and fees	9,496		9,218		—		1,181		19,895
Total	$	545,014	$	60,372	$	21,977	$	29,732	$	657,095

	For the Three Months Ended December 31, 2005
	Salons				Beauty		Hair Restoration
	North America		International		Schools		Centers		Consolidated
(Dollars in thousands)
Revenues:
Service	$	342,343	$	31,590	$	13,955	$	11,390	$	399,278
Product	159,413		13,332		1,052		14,311		188,108
Royalties and fees	9,827		8,164		—		1,246		19,237
Total	$	511,583	$	53,086	$	15,007	$	26,947	$	606,623

Second Quarter Hair Salon Same-Store Sales:

For the Three Months Ended December 31,

	Current Year						Prior Year
	Service		Retail		Total		Service		Retail		Total
Regis Salons	0.2	%	-0.3	%	0.1	%	-0.1	%	1.1	%	0.1	%
MasterCuts	0.6		-2.0		0.0		-0.2		-3.6		-0.9
Trade Secret	-2.9		-2.4		-2.5		-2.8		1.0		0.6
Strip Center Salons	2.5		1.5		2.4		1.0		2.9		1.2
SmartStyle	2.9		-2.6		0.9		5.9		5.9		5.9
North America Same-Store Sales	1.6	%	-1.6	%	0.6	%	1.3	%	2.0	%	1.5	%
International Same-Store Sales	-3.2	%	5.2	%	-0.6	%	-6.0	%	6.0	%	-2.6	%
Consolidated Same-Store Sales	1.3	%	-1.2	%	0.5	%	0.7	%	2.1	%	1.2	%

International same-store sales for the quarter represent the 12-week period ended December 9, 2006 versus the 12-week period ended December 10, 2005.

Regis Corporation will host a conference call to discuss second quarter results on January 24, 2007 at 10:00 a.m., Central Time. Interested parties are invited to listen by logging on to www.regiscorp.com or dialing 800-240-7305. A replay of the call will be available later that day. The replay phone number is 800-405-2236, access code 11072540#.

About Regis Corporation

Regis Corporation (NYSE:RGS) is the beauty industry’s global leader in salons, hair restoration centers and education. As of September 30, 2006, the company owned or franchised 11,713 worldwide locations; which included 11,570 beauty salons, 88 hair restoration centers and 55 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. To join Regis Corporation’s email alert list, click on this link:

http://www.b2i.us/irpass.asp?BzID=913&to=ea&Nav=1&S=0&L=1

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements concerning anticipated future events and expectations that are not historical facts. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward–looking statements in this document reflect management’s best judgment at the time they are made, but all such statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those expressed in or implied by the statements herein. Such forward-looking statements are often identified herein by use of words including, but not limited to, “may,” “believe,” “project,” “forecast,” “expect,” “estimate,” “anticipate” and “plan.” In addition, the following factors could affect the Company’s actual results and cause such results to differ materially from those expressed in forward-looking statements. These factors include competition within the personal hair care industry, which remains strong, both domestically and internationally, and price sensitivity; changes in economic condition; changes in consumer tastes and fashion trends; labor and benefit costs; legal claims; risk inherent to international development (including currency fluctuations); the continued ability of the Company and its franchisees to obtain suitable locations for new salon development; governmental initiatives such as minimum wage rates, taxes and possible franchise legislation; the ability of the Company to successfully identify, acquire and integrate salons and beauty schools that support its growth objectives; the ability of the company to maintain satisfactory relationships with suppliers; or other factors not listed above. The ability of the Company to meet its expected revenue growth is dependent on salon and beauty school acquisitions, new salon construction and same-store sales increases, all of which are affected by many of the aforementioned risks. Additional information concerning potential factors that could affect future financial results is set forth in the Company’s Annual Report on Form 10-K for the year ended June 30, 2006 and included in Form S-3 Registration Statement filed with the Securities and Exchange Commission on June 8, 2005. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. However, your attention is directed to any further disclosures made in our subsequent annual and periodic reports filed or furnished with the SEC on Forms 10-K, 10-Q and 8-K and Proxy Statements on Schedule 14A.

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