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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.

Copyright Business Wire 2009

Ulta Salon, Cosmetics & Fragrance, Inc.

Gregg Bodnar, Chief Financial Officer, 630-410-4633

or

Investors:

Integrated Corporate Relations

Allison Malkin, 203-682-8225

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), a beauty retailer with 345 retail stores, today announced that the Company will conduct a conference call to discuss third quarter fiscal 2009 results on Thursday, December 3, 2009 at 5:00 p.m. Eastern Time/ 4:00 p.m. Central Time. A press release detailing the Company's third quarter fiscal 2009 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 web-cast live at http://ir.ulta.com. A replay of the web-cast will remain available until March 3, 2010. A replay of the conference call will be available until 11:59 p.m. ET on December 10, 2009 and can be accessed by dialing (877) 660-6853 and entering account number 3055 and conference ID number 338439.

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 345 retail stores across 38 states and also distributes its products through the Company's website: www.ulta.com.

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