Cinemark USA, Inc. Announces Pricing of $530 Million of 4.875% Senior Notes due 2023

  Cinemark USA, Inc. Announces Pricing of $530 Million of 4.875% Senior Notes
  due 2023

Business Wire

PLANO, Texas -- May 21, 2013

Cinemark Holdings, Inc. (NYSE:CNK) announced today that through its
wholly-owned subsidiary, Cinemark USA, Inc. (the "Company"), the Company
priced a private offering (the "Offering") that is exempt from the
registration requirements of the Securities Act of 1933, as amended (the
“Securities Act”), of $530 million aggregate principal amount of 4.875% Senior
Notes due 2023 (the “2023 Notes”). The Offering is expected to close on May
24, 2013. The 2023 Notes will be guaranteed by certain of the Company's
subsidiaries that guarantee or become liable with respect to any of the
Company's and the guarantors' other debt.

The Company intends to use the net proceeds from the sale of the 2023 Notes,
together with cash on hand, to finance a redemption of its 8.625% Senior Notes
due 2019.

The 2023 Notes and the related guarantees will be offered only to qualified
institutional buyers in reliance on the exemption from registration set forth
in Rule 144A under the Securities Act, and outside the United States to
non-U.S. persons in reliance on the exemption from registration set forth in
Regulation S under the Securities Act. The 2023 Notes and the related
guarantees have not been registered under the Securities Act, or the
securities laws of any state or other jurisdiction, and may not be offered or
sold in the United States without registration or an applicable exemption from
the registration requirements of the Securities Act and applicable state
securities or blue sky laws and foreign securities laws.

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy, any securities, nor shall there be any sales of the 2023
Notes in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such jurisdiction. This notice is being issued pursuant to and in
accordance with Rule 135(c) under the Securities Act.

About Cinemark Holdings, Inc.

Cinemark is a leading domestic and international motion picture exhibitor,
operating 467 theatres with 5,259 screens in 39 U.S. states, Brazil, Mexico,
Argentina, and 10 other Latin American countries as of March 31, 2013. For
more information, go to investors.cinemark.com.

Forward-looking Statements

Certain matters within this press release include “forward–looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements may involve known and unknown risks, uncertainties
and other factors that may cause the actual results or performance to differ
from those projected in the forward-looking statements. For a description of
these factors, please review the “Risk Factors” section or other sections in
the Company’s Annual Report on Form 10-K filed February 28, 2013 and quarterly
reports on Form 10-Q, filed with the Securities and Exchange Commission. All
forward-looking statements are expressly qualified in their entirety by such
risk factors.

Contact:

Cinemark Holdings, Inc.
Investor Contact:
Chanda Brashears, 972-665-1500
Investor Relations Manager
investors@cinemark.com
or
Media Contact:
James Meredith, 972-665-1680
VP Marketing
communications@cinemark.com
 
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