FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - Vice President, Marketing & Communications
PHONE: 972-665-1060
FAX: 972-665-1235
February 11, 2008

The Spiderwick Chronicles: The IMAX Experience to open on February 14, 2008

Plano, TX–February 7, 2008 - Cinemark Holdings, Inc. (The “Company”) invites you to journey into the magical Spiderwick estate and discover a world of enchanted creatures beyond your wildest imagination! On February 14th at all Cinemark IMAX Theatres located in Dallas, TX; Tulsa, OK; Rochester, NY; Colorado Springs, CO; Woodridge, IL; and Tarentum, PA moviegoers will be totally immersed in this extraordinary fantasy adventure as never before. The Spiderwick Chronicles has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience® through IMAX DMR (Digital Re-mastering) technology. With crystal clear, larger than life images and 12,000 watts of proprietary digital surround sound, IMAX creates an environment that puts audiences in the movie. Moviegoers will be transported inside the film to explore this fantastical world brought to life.

The Spiderwick Chronicles: The IMAX Experience will debut concurrently with the nationwide 35mm release from Paramount Pictures on February 14th. “The IMAX Experience will immerse viewers even more fully into what is already a thrilling and totally involving family adventure,” says the film’s director Mark Waters. “It’s cause for great excitement.”

From the beloved best-selling series of books comes The Spiderwick Chronicles, a fantasy adventure for the child in all of us. Peculiar things start to happen the moment the Grace family (Jared, his twin brother Simon, sister Mallory and their mom) leave New York and move into the secluded old house owned by their great, great uncle Arthur Spiderwick. Unable to explain the strange disappearances and accidents that seem to be happening on a daily basis, the family blames Jared. When he, Simon and Mallory investigate what's really going on, they uncover the fantastic truth of the Spiderwick estate and of the creatures that inhabit it.

Paramount Pictures and Nickelodeon Movies Present A Kennedy/Marshall and a Mark Canton Production A Mark Waters Film “The Spiderwick Chronicles” starring Freddie Highmore, Mary-Louise Parker, Nick Nolte with Joan Plowright and David Strathairn and the voices of Seth Rogen and Martin Short. The film is directed by Mark Waters from a screenplay by Karey Kirkpatrick and David Berenbaum and John Sayles, based on the books by Tony DiTerlizzi and Holly Black. The film is produced by Mark Canton, Larry Franco, Ellen Goldsmith-Vein and Karey Kirkpatrick. The executive producers are Julia Pistor, Tony DiTerlizzi and Holly Black. The director of photography is Caleb Deschanel, ASC. The production designer is James Bissell. The editor is Michael Kahn, A.C.E. The costumes are designed by Joanna Johnston. The music is by James Horner. The special visual effects are by Industrial Light & Magic. The visual effects are by Tippett Studio.

The Spiderwick Chronicles will be distributed by Paramount Pictures. This film has been rated PG for scary creature action and violence, peril and some thematic elements. More information can be found at www.spiderwickchronicles.com.

Cinemark IMAX® Theatres are located in Dallas, TX at 11819 Webb Chapel; Tulsa, OK at 10802 East 71st Street South; Rochester, NY at 2291 Buffalo Road; Colorado Springs at 3305 Cinema Point; Woodridge, IL (Chicago area) at 6500 Route 53; and Tarentum, PA (Pittsburgh area) at 425 Pittsburgh Mills Circle. For information on advance tickets and showtimes, please visit the Cinemark website at www.cinemark.com.

About Cinemark Holdings, Inc. and Cinemark IMAX® Theatres

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. Cinemark IMAX® Theatres are located in Dallas, TX; Colorado Springs, CO; Rochester, NY; Tarentum, PA (Pittsburgh area); Tulsa, OK; and Woodridge, IL (Chicago area).

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 IMAX Corporation

IMAX Corporation is one of the world’s leading digital entertainment and technology companies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX® theatres delivering the world’s best cinematic presentations using proprietary IMAX, IMAX® 3D, and IMAX DMR® technology. IMAX DMR is the Company’s groundbreaking digital remastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX’s renowned projectors and new digital systems display crystal-clear images on the world’s biggest screens. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of June 30, 2007, there were 290 IMAX theatres operating in 40 countries.

IMAX®, IMAX® 3D, IMAX DMR, IMAX MPX, and The IMAX Experience® are trademarks of IMAX Corporation. More information on the Company can be found at www.imax.com.