FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - Vice President, Marketing & Communications
PHONE: 972-665-1087
FAX: 972-665-1117
May 1, 2008

Plano, Texas (April 23, 2008)...Cinemark Holdings, Inc. (the "Company") will open a new 12-screen Cinemark theatre complete with all stadium-seating in Valparaiso, Indiana, on Friday, May 2, 2008. The new theatre will be located at 700 Porter’s Vale Blvd. located at SR 2 and Hwy 49 (Laporte Ave.) in Valparaiso.

Valparaiso’s newest movie theatre will offer 12 auditoriums with digital sound, 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.

“Cinemark at Valparaiso will offer the region an outstanding movie experience in a convenient and accessible location just off the freeway drawing moviegoers from all across northwest Indiana,” says Tim Warner, President of Cinemark USA, Inc. “Adding a brand new movie theatre to the growing mix of retail and restaurants in and around Porter’s Vale will add to the excitement for residents of Valparaiso just in time for the latest summer films.”

Several invitation-only pre-grand opening events are planned for Grand Opening week, including a Tuesday, April 29th Friends and Family night, Wednesday, April 30th Valparaiso University Night and Thursday May 1st Superhero themed VIP night honoring the Valparaiso Fire Department and local Law Enforcement. 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 50 customers who purchase a ticket on Friday May 2nd, and Saturday, May 3rd, receive a free Cinemark “swag” bag filled with movie goodies from upcoming summer films. Several entertaining events will take place grand opening weekend including: Friday May 2nd Z107-FM station appearance from 5pm-7pm and B96 Station Appearance from 7pm- 9pm. Saturday, May 3rd, from 1pm-3pm, kids activities, including face painting and balloon animals and Indiana 105 Station appearance; JACK-FM Station Appearance 4pm-6pm; X-Rock station appearance 6pm-8pm and on display will be artwork and sketches from Marvel Comic Artist Cory Hamscher..

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 December 31, 2007, Cinemark operates 408 theatres and 4,665 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.