FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - Vice President, Marketing & Communications
PHONE: 972-665-1087
FAX: 972-665-1117
October 20, 2008

in Hayward, CA

Plano, Texas (October 20, 2008)...Cinemark Holdings, Inc. (the "Company") will open a new 12-screen first-run Century theatre complete with all stadium-seated auditoriums in Hayward, CA, on Friday, October 24, 2008. The new Century Theatres at Hayward will be located at 1069 B Street, at Cinema Place in downtown Hayward at the corner of Foothill and B Street.

As part of the revitalization of downtown Hayward, this new movie theatre will offer 12 auditoriums with digital sound, stadium seating, online ticketing, concession stands providing candy, freshly popped popcorn, and Coca-Cola fountain drinks, and free parking in the parking garage behind the theatre. 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.

“Our new Century Theatres at Hayward is a big step in this important downtown project,” says Tim Warner, President of Cinemark USA, Inc. “We are extremely happy to be a part of the Hayward community and look forward to providing a great entertainment venue to the city.”

Several invitation-only pre-grand opening events are planned for Grand Opening week including a special charity event on Thursday, October 23rd. The invitation-only evening will feature free movies, and proceeds from the concession items sold that evening will benefit the Hayward Education Foundation. On Wednesday evening, October 22nd, Century Theatres at Hayward will celebrate with a special invitation-only event, “Hollywood Comes to Hayward”, that will feature Hollywood celebrity look-alikes, hors d’oeuvres, music and a ribbon cutting ceremony, followed by free movies, popcorn and soft drinks.

Grand Opening Day and Weekend 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 150 customers Friday, October 24th through Sunday, October 26th who purchase a ticket to see High School Musical 3: Senior Year will receive a free poster from the film. Saturday afternoon, October 25th will feature a Kids’ Day celebration with face painters, balloon artists, and more from noon to 2:00 pm. That evening, local band Fighting the Villain will perform in the theatre courtyard from 5:00 to 5:30pm.

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 June 30, 2008, Cinemark operates 412 theatres and 4,706 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.
Headquartered in Plano, TX, Cinemark is a leader in the motion picture exhibition industry. As of June 30, 2008, Cinemark operates 412 theatres and 4,706 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.