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 12-screen, all-stadium-seating theatre in Oro Valley, AZ, located north of Tucson at 12155 North Oracle Road on Friday, October 31st,, 2008.

The new Century Theatres at the Oro Valley Marketplace will offer stadium-seating, online ticketing, and a self-serve concession stand providing candy, freshly popped popcorn, and Coca-Cola fountain drinks. Stadium-seating will allow patrons to enjoy unobstructed views from plush, high-backed rocking seats featuring a 16-inch height difference between each row, and 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.

“Tucson has been home to 4 of our Century theatres for over 30 years, and we are proud to announce our newest addition in Oro Valley,” says James Meredith, Vice Presdient of Marketing for Cinemark USA, Inc. “We have a strong commitment to bring our customers the best movie-going experience possible.” In the weeks ahead, movie-goers will be able to see some of Hollywood’s hottest new releases, including High School Musical 3, and Saw V and in November, Madagascar: Escape 2 Africa, Quantun of Solace, the new James Bond film, Twilight and Bolt.

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 emails directly from Cinemark.

Several pre-grand opening activities are planned including a special charity fundraiser on Wednesday, Oct. 29th. Invitees will be treated to free movies that evening and concession items will be sold for $1.00 each with all proceeds benefitting Catalina Community Services. On Thursday, Oct. 30th, there is a special VIP Night which will include Guest of Honor, 2-time Olympian and University of Arizona star, Jennie Finch, as well as guests from the Greater Oro Valley Arts 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.