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Ulta Announces Earnings Release Date, Conference Call and Webcast for Second Quarter Fiscal 2008 Results

ROMEOVILLE, Ill.-(Business Wire)-August 26, 2008 - Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), a beauty retailer with 283 retail stores, today announced that the Company will conduct a conference call to discuss second quarter fiscal 2008 results on Thursday, September 4, 2008, at 5:00 p.m. Eastern Time. A press release detailing the Company’s second quarter fiscal 2008 results will be issued after the market closes and prior to the call. The conference call will be hosted by Lyn Kirby, President and Chief Executive Officer, and Gregg Bodnar, Chief Financial Officer.

Investors and analysts interested in participating in the call are invited to dial 877-407-0784 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at http://ir.ulta.com. A replay of the webcast will remain available until December 4, 2008. A replay of the conference call will be available until midnight (ET) on September 11, 2008, and can be accessed by dialing 877-660-6853 and entering account number 3055 and conference ID number 295098.

About Ulta

Ulta is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. Ulta provides affordable indulgence to its customers by combining the product breadth, value and convenience of a beauty superstore with the distinctive environment and experience of a specialty retailer. Ulta offers a unique combination of over 21,000 prestige and mass beauty products across the categories of cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools, as well as salon haircare products. Ulta also offers a full-service salon in all of its stores. The Company currently operates 283 retail stores across 32 states and also distributes its products through the Company’s website: www.ulta.com.

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