Carmike Cinemas Announces the Grand Opening of the Carmike Boulevard 10 in Destin, Florida, Including the Critically Acclaimed

  Carmike Cinemas Announces the Grand Opening of the Carmike Boulevard 10 in
  Destin, Florida, Including the Critically Acclaimed Signature “BIGD”
  Ultimate Entertainment Experience and the Ovation Dining Club

- Boulevard 10 brings the Theatre-Going Entertainment Experience to a Dramatic
                           New Level on March 28 -

Business Wire

COLUMBUS, Ga. & DESTIN, Fla. -- March 19, 2013

Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading DIGITAL cinema and 3-D motion
picture exhibitor, announced today that it will unveil its newest
entertainment complex at Grand Boulevard located at the entrance of the
2,400-acre Sandestin® Golf and Beach Resort, just east of Destin, between
Panama City and Pensacola, Florida. Opening night will be Thursday, March 28,
2013 at Midnight. The new Carmike theatre, named the Boulevard 10, will
feature ten screens with total seating for 1,800 and will be highlighted by a
state-of-the-art “BIGD” auditorium and Ovation Dining Club, Carmike’s premium
theatre environments. The grand opening of the Boulevard 10 will feature a
selection of Hollywood’s latest movies, including the special debut Midnight
presentation of “G.I. Joe: Retaliation.”

Carmike Cinemas President and Chief Executive Officer David Passman stated,
“Carmike continues actively expanding our growing circuit, on our way to 300
theatres and 3,000 screens through selective acquisitions and the addition of
multiple new-build theatres in promising locations like Sandestin, across
‘Hometown America. The ”BIGD” and Ovation Dining Club will both be Carmike’s
first flagship venues of this type in Florida. Recent Carmike Florida
expansion took place along the Space Coast in Melbourne and Port St. Lucie and
along the Emerald Coast in Pensacola with the acquisition of four theatres
from Rave Motion Pictures. Carmike has had a significant presence in Panama
City and Pensacola for many years.

“We’re providing the ultimate entertainment experience that features large
format DIGITAL with bigger screens, biggerand bettersound, and the finest
in-theatre seating forcutting-edgepresentation and the definitive enjoyment
of our audiences. Furthermore, with the opening of our newest location, the
Sandestin area joins a select and growing list of communities across the
nation offering Carmike theatregoers the exciting ”BIGD” format. The Sandestin
Ovation Dining Club is only our second in the country and has been raved about
in Chattanooga, TN, site of our first location. Many of our guests tell us
that with limited time for leisure in their busy lives, they enjoy the option
of combining a tasty dinner and refreshments, with a leading Hollywood movie.”

The entertainment complex is equipped with auditoriums featuring
state-of-the-art stadium style seating, with comfortable high back luxury
chairs, retractable armrests and convenient cup holders. The Carmike Boulevard
10 also contains large, wall-to-wall screens, as well as DLP DIGITAL
projection and DIGITAL sound. The new theatre has an upscale lobby, multiple
concession areas featuring Coca-Cola Freestyle drink centers and an indoor box
office, so filmgoers can escape the elements.

The“BIGD” auditorium includes a wall-to-wall screen measuring 60 feet
wideand nearly three stories tall,the latest in surround sound and DIGITAL
projection of both 2-D and 3-D features. In technical terms, Carmike’s “BIGD”
DIGITAL experience is powered by a Christie Brilliant 3-D flash projector. The
end result is a light output of 30,000 lumens, creating a picture quality with
noticeably higher resolution than HD.

To further enhance the experience, the custom QSC DIGITAL audio system is
tuned to a 7.1 speaker array with 16 channels and the ability to upgrade to
11.1,a revolution in surround sound technologywithDIGITAL audio processing
supported by quad-amplified, 4-way speakers and 21-inch subwoofers. The new,
expanded configuration at the Boulevard 10 promises a new gold standard in
unparalleledpictureclarity anddeepresonating DIGITAL sound.

“We are very pleased with the tremendous, positive response we have received
from moviegoers about their enhanced enjoyment while seeing films in our
”BIGD” ultimate movie-going experience  and have plans to open more
entertainment complexes featuring ”BIGD” auditoriums in 2013. Carmike Cinemas
entertainment  complexes currently under construction include Champaign, IL,
Winchester, VA, Hickory, NC and Colorado Springs, CO. We also have plans
underway for new locations in Opelika, AL, Oak Grove, KY, Montgomery, AL and
Snellville, GA. Whether it is a movie, concert, sporting event, motivational
speaker or church service, Carmike guests will find “BIGD” placing them at the
heart of the event,” notes Terrell Mayton, Carmike’s Director of Marketing.

About Carmike Cinemas (www.carmike.com)

Carmike Cinemas, Inc. is a U.S. leader in digital cinema and 3-D cinema
deployments and one of the nation’s largest motion picture exhibitors. As of
December 31, 2012, Carmike had 249 theatres with 2,502 screens in 35 states.
Carmike’s digital cinema footprint reached 2,359 screens, including 225
theatres with 855 screens that are also equipped for 3-D. The circuit also
includes 16 “Big D” large format digital experience auditoriums, featuring
state-of-the-art equipment and luxurious seating and 7 IMAX® auditoriums. As
“America’s Hometown Theatre Chain,” Carmike’s primary focus for its locations
is small to mid-sized communities.

About Howard Group, Merchants Retail Partners and GB Retail LLC –
www.grandboulevard.com; www.howardgrp.com; www.merchantsretail.com

Grand Boulevard is the shop, dine, play and stay Town Center located on
Northwest Florida’s beaches. Based on the prominent mixed-use architectural
model, Grand Boulevard offers a dynamic lifestyle experience with convenient
access to a multitude of exclusive shopping and dining options, entertainment,
professional services, corporate offices and lodging. Grand Boulevard is a
Howard Group and Merchants Retail Partners property. For more information,
please call (850) 654-5929 or visit www.grandboulevard.com.

Howard Group is a portfolio real estate development company specializing in
premier commercial, hospitality and residential developments in Northwest
Florida. Established in 1988, Howard Group is responsible for the development
of the acclaimed Silver Sands Premium Outlets. Howard Group’s latest project
is the distinctive Grand Boulevard at Sandestin® Town Center, which includes
two Marriott hotels, exclusive shops, destination restaurants,
state-of-the-art office space and a lush park. The company has also developed
several upscale gulf-front resort and residential communities such as Vizcaya
at Dune Allen and Stallworth Preserve. Heron Harbor is a future project in
Destin that is being designed as a mixed-use community that will include
retail, office, residential and marina components. A diverse and visionary
company, Howard Group places a primary emphasis on sustainable and responsible
development of prime real estate.

Merchants Retail Partners (MRP) is a real estate investment firm specializing
in retail development, acquisitions and dispositions as well as asset
management. Its member companies have over 50 years of real estate, investment
and entrepreneurial experience. Members include Protective Life Insurance
Company, a leading provider of life insurance and annuity products with $40
billion in assets and Real Estate Capital Strategies LLC (RECS).

Contact:

Carmike Cinemas, Inc.
Terrell Mayton, 706-576-3464
Director of Marketing
or
Grand Boulevard at Sandestin
Stacey Brady, 850-837-3099 ext.3
Director of Marketing and Public Relations
 
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