FOR IMMEDIATE RELEASE:

CONTACT: James Meredith - Vice President Marketing & Communications
PHONE: 972-665-1087
FAX: 972-665-1117
December 4, 2008

Plano, Texas… Cinemark Holdings, Inc. (the "Company") will open a new 8-screen movie theatre in Piqua, Ohio on Friday, December 12, 2008. The new Cinemark Miami Valley Theatre will offer stadium-seating, online ticketing, and Cinemark’s traditional full service concession stand providing favorite candy brands, freshly popped popcorn and Coca-Cola fountain drinks.

“The new Cinemark Miami Valley Theatre will be an outstanding entertainment venue for all of our loyal customers in the Piqua area,” says James Meredith, Vice President of Marketing for Cinemark USA, Inc. “In the weeks ahead, movie-goers will be able to see some of Hollywood’s hottest holiday releases, including Seven Pounds, The Curious Case of Benjamin Button, Yes Man, Bedtime Stories, The Tale of Despereaux, and The Day the Earth Stood Still.” The theatre is located at 1020 Garbry Road, off of I-75 at the Miami Valley Centre Mall.

The theatre’s eight stadium-seated auditoriums will allow patrons to enjoy unobstructed views of the wall-to-wall screens from plush, high-backed rocking seats featuring a 16-inch height difference between each row. Customers will be able to enter and exit their row without disturbing other guests, and enjoy more leg room because of the 48 inch space between each aisle.

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. Customers can also sign up to receive weekly emails directly from Cinemark which include showtimes, concession stand promotions, advance ticket announcements, and special events information.

Several pre-grand opening activities are planned, including a special invitation only VIP Night, Wednesday, December 10, with a ribbon cutting ceremony including City and local officials. The evening will feature free movies, popcorn and soft drinks for everyone. On Grand Opening weekend the first 1,000 customers who purchase a large Coca-Cola fountain beverage will receive a free Cinemark Grand Opening t-shirt. The first 50 customers on Grand Opening Day, December 12th, will receive a free water bottle from Cinemark and the Twentieth-Century Fox film, The Day the Earth Stood Still with a ticket purchase to the film.

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 September 30, 2008, Cinemark operates 414 theatres and 4,717 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.