Investor Alert: Only 1 Day Left for Ulta Salon, Cosmetics & Fragrances, Inc.

Investors to File Lead Plaintiff Application
in Securities Class Action Lawsuit — ULTA

NEW ORLEANS, Feb. 18, 2008 LAWFUEL – Legal Newswire — Kahn Gauthier Swick, LLC (“KGS”) announces that shareholders of Ulta Salon, Cosmetics & Fragrances, Inc. (“Ulta” or the “Company”) (Nasdaq:ULTA) who purchased shares of the Company between October 25, 2007 and December 10, 2007, have only 1 day, or until February 19, 2008, to move for appointment as Lead Plaintiff in a securities class action lawsuit currently pending in the United States District Court for the Northern District of Illinois. No class has yet been certified in this action.

UNLESS A CLASS IS CERTIFIED, YOU ARE NOT PERSONALLY REPRESENTED BY COUNSEL UNLESS YOU RETAIN AN ATTORNEY.

If you purchased shares of Ulta, you are urged to contact Lewis Kahn, Managing Partner, KGS, toll free 1-866-467-1400, ext. 100, via cell phone at 504-301-7900, or by email at [email protected] to learn about your legal rights and how this action may benefit you. For further information on KGS, please visit www.kgscounsel.com. KGS focuses its practice on securities class action litigation, and has been appointed lead counsel in numerous federal securities class actions.

Ulta and certain of its officers and directors — collectively, “defendants” — are charged with including, or allowing the inclusion of, materially false and misleading statements in the Registration Statement and Prospectus issued in connection with the IPO, in violation of the Securities Act of 1933.

SPECIAL NOTICE: Courts will generally appoint only one law firm to prosecute a securities class action on behalf of the shareholders based upon the amount of losses its “lead plaintiffs” have suffered.
Accordingly, while KGS urges you to sign up with the firm, KGS also encourages you to carefully evaluate any other firm you may consider to represent your interests in the Ulta class action, should you be considering another firm. You may also choose to remain an absent class member. Critical components of a law firm’s ability to successfully prosecute this action and obtain a strong recovery for you include the resources it will dedicate to prosecution of the case, including the number of lawyers the firm has available for the Ulta action in particular, AND especially the quality of the firm’s work. Interested shareholders are encouraged to call for consultation and to request more information about KGS.

More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca.

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