FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - Vice President, Marketing & Communications
PHONE: 972-665-1087
FAX: 972-6651004
December 18, 2007

AT CLACKAMAS TOWN CENTER IN PORTLAND, OREGON.

Plano, Texas (December 11, 2007)...Cinemark Holdings, Inc. (the "Company") will open a new, all digital 20-screen Century theatre complete with all stadium-seating in Portland, Oregon, on Friday, December 21, 2007. The new theatre will be located at 12000 SE 82nd Avenue at Clackamas Town Center in Portland.

Portland’s newest movie theatre will offer 20 digital projection auditoriums with the latest digital technology, 3D capabilities, stadium seating, online ticketing, and concession stands providing candy, freshly popped popcorn, and Coca-Cola fountain drinks. Online ticketing available at www.cinemark.com will make it easy for patrons to purchase tickets in advance from the comfort of their home or office. Customers can then bypass lines at the box office and go directly to a kiosk outside the theatre lobby, where they may print their own tickets purchased online using a confirmation number given at the time of purchase. The kiosk also allows ticket purchases via a major credit card or Company gift card. In addition, online customers can sign up to receive weekly showtime emails directly from the Company by signing up for free at www.cinemark.com.

All 20 auditoriums will be outfitted with the latest in digital technology. The movie-goer will enjoy quality presentation free from scratches and deterioration, so the movie is presented exactly as the filmmaker intended. The theatre will also be equipped with digital 3D technology in four auditoriums.

"Portland is already home to two of Cinemark’s Century Theatres, and we are pleased to add a third location to the market" says Tim Warner, Cinemark’s President. "Century Clackamas Town Center will bring the latest in digital technology and luxury, providing a great movie-going experience to our customers."

Several invitation-only pre-grand opening events are planned for Grand Opening week, including a charity event benefitting Toys for Tots®. Patrons who receive invitations from local radio stations are encouraged to bring one new, unwrapped toy for admittance to the theatre, where The United States Marines will be on hand for collection. This event includes holiday entertainment, free movies, fountain drinks, popcorn and video games on free play. Other pre-grand opening events throughout the week include a Press Tour, VIP night, and Ribbon Cutting Ceremony. Grand Opening Day giveaways include a free Cinemark grand opening T-shirt for customers who purchase a large fountain drink at the concession stand, while supplies last. The first 100 customers who purchase a ticket on Friday December 21st, and Saturday, December 22nd, receive a free Cinemark “swag” bag filled with movie goodies from the latest upcoming holiday films. Friday, December 21st through Thursday, December 27th, customers can purchase a small fountain drink and popcorn for only $1.00 each. Several holiday-themed family events will take place grand opening weekend including: Friday December 21st Elf Family Entertainment from 4:00pm-6:00pm and Dance Fusion Entertainment from 7:30pm – 8:30pm. Saturday, December 22nd, from 10:30am-11:30am, kids of all ages can attend Breakfast with Santa & Mrs. Claus. This event includes free breakfast, holiday story-telling, pictures with Santa and great giveaways! Later on in the evening from 5:00pm – 7:00pm, the Fireside Carolers will warm hearts with holiday cheer and from 7:00pm – 8:00pm, Ron Barnes of Reflections will slow it down with soothing sounds on saxophone.

Forward-looking Statements

The Company intends that this release be governed by the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995 (the "PSLR Act") with respect to statements that may be deemed to be forward-looking statements. Statements contained in this release other than statements of historical fact, including statements based on our current expectations, assumptions, estimates and projections about our business and our industry, are forward-looking statements. You can identify forward-looking statements by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future" and "intends" and similar expressions, which are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Forward-looking statements contained in this release reflect the Company's view only as of the date of this release. The Company does not undertake any obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Cinemark Holdings, Inc.

Headquartered in Plano, TX, Cinemark is a leader in the motion picture exhibition industry. As of September 30, 2007, Cinemark operates 404 theatres and 4,596 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.