FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - VP Marketing and Communications
PHONE: 972-665-1060
FAX: 972-665-1235
May 5, 2008

The Cinemark IMAX® Theatre at The Tulsa May 5, 2008, Plano, TX ¡V Cinemark Holdings, Inc. (the "Company") invites audiences to experience a high-velocity thrill ride when the high-octane, live-action family adventure Speed Racer opens at The Cinemark IMAX® Theatre at The Tulsa on Friday, May 9, 2009. From the Wachowski brothers and producer Joel Silver, the creators of The Matrix trilogy, comes the re-envisioning of an enduring classic that blends live-action with groundbreaking visual effects. Speed Racer will be digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience® with IMAX DMR® (Digital Re-mastering) technology. With crystal clear, larger than life images and state-of-the-art digital surround sound, IMAX will put audiences in the ¡§fast lane¡¨ for this action-packed, totally immersive cinematic experience. Speed Racer: The IMAX Experience will debut concurrently with the nationwide 35mm release from Warner Bros. Pictures.

¡§We shot ¡¥Speed Racer¡¦ in pure digital cinema for super clean images and ultrahigh resolution, which will make the IMAX experience even more spectacular for audiences,¡¨ said producer Joel Silver.

About Speed Racer

From the Wachowski brothers and producer Joel Silver, creators of the groundbreaking The Matrix trilogy, comes the live-action, high-octane film Speed Racer, which follows the adventures of the young racecar driver Speed (Emile Hirsch) in his quest for glory in his thunderous Mach 5. Joel Silver, who previously worked with the Wachowski brothers on The Matrix movies and V for Vendetta, produced the film under his Silver Pictures banner. Grant Hill, Andy Wachowski and Larry Wachowski are also producers. David Lane Seltzer, Michael Lambert and Bruce Berman are the executive producers. The film stars Emile Hirsch; Christina Ricci; John Goodman; Susan Sarandon; Matthew Fox; Benno Fürmann; Hiroyuki Sanada; Asian pop superstar Rain, making his American feature film debut; and Richard Roundtree. Speed Racer opens in theatres and IMAX across North America on Friday, May 9. The film is a Warner Bros. Pictures presentation, in association with Village Roadshow Pictures, of a Silver Pictures Production, in association with Anarchos Productions. Speed Racer will be distributed by Warner Bros. Pictures, and has been rated PG for "sequences of action, some violence and language."

The Cinemark IMAX® Theatre at The Tulsa is located at 10802 East 71st Street South in Tulsa. For information on tickets and showtimes, please call 1-800-FANDANGO, Express Code 1129#, or visit the website at www.cinemark.com.

About Cinemark Holdings, Inc. and The Cinemark IMAX® Theatre

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. The Cinemark IMAX® Theatre at The Tulsa is one of 6 IMAX theatres that have been built by Cinemark USA worldwide. Other Cinemark IMAX® Theatres are located in Colorado Springs, CO; Dallas, TX; Tarentum, PA (Pittsburgh area); Rochester, NY; and Woodridge, IL (Chicago area).

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 digital system being developed by IMAX is configured for an IMAX MPX-style auditorium, which is designed specifically to enable multiplex operators to more cost effectively enter into the IMAX theatre business. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2007, there were 296 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.

Cinemark 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.