FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - Vice President, Marketing & Communications
PHONE: 972-665-1087
FAX: 972-665-1117
October 28, 2008

Plano, Texas… Cinemark Holdings, Inc. (the "Company") will open a 14-screen, all-digital projection theatre in Orem, UT, located at University Mall, 1010 South 800 East on Friday, November 7, 2008.

The new Cinemark University Mall Theatre will offer digital sound and digital projection in all auditoriums, stadium-seating, online ticketing, and a self-serve concession stand providing freshly popped popcorn, Coca-Cola fountain drinks, and popular candy brands. Premium items available at the concession stand will include Dreyer’s hand-dipped ice cream, VitaminWater, Icee frozen beverages, nachos, pretzels and Kettle Korn.

All 14 auditoriums will be outfitted with the latest in digital technology, including five auditoriums with 3D capabilities. The movie-goer will enjoy quality presentation free from scratches and deterioration, so the movie is presented exactly as the filmmaker intended. Stadium-seating will allow patrons to enjoy unobstructed views from plush, high-backed rocking seats featuring a 16-inch height difference between each row. Spacing of 48 inches between each aisle, will give movie-goers more leg room and ample space to enter and exit their row without disturbing other guests.

“Cinemark got its start in the greater Salt Lake City area over 24 years ago, so the area has long been considered our second home,” says Alan Stock, Chief Executive Officer of Cinemark USA, Inc. “It is our distinct honor to bring a state-of-the-art digital theatre to Orem and provide the highest quality movie entertainment experience available.” On opening weekend, movie-goers will be able to see the new films Madagascar: Escape 2 Africa, Soul Men, and Role Models. Over the next few weeks customers will be able to view Quantum of Solace, the new James Bond film on November 14, Bolt in 3D and Twilight on November 21, and Australia on November 28

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 in 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 Cinemark Gift Card. In addition, online customers can sign up to receive weekly showtime e-mails directly from Cinemark.

Several pre-grand opening activities are planned including a special University Night on Wednesday, November 5th where students from Brigham Young University and Utah Valley University will enjoy free movies, popcorn and soft drinks. On Thursday, November 6th, there is a special Charity Night event that benefits the Utah National Parks Council of the Boy Scouts of America. Guests will be able to enjoy a free movie and can purchase concession items for $1.00 each. All proceeds from the evening will go to the local Boy Scouts council.

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.