Cinemark Closes on Sale of Mexico Subsidiaries to Cinemex

  Cinemark Closes on Sale of Mexico Subsidiaries to Cinemex

Business Wire

PLANO, Texas -- November 15, 2013

Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion
picture exhibitors in the world, today announced that it has closed on the
sale of all the issued and outstanding shares of capital stock of Cinemark de
Mexico S.A. de C.V. and its subsidiaries to Grupo Cinemex, S.A. de C.V. and
Cadena Mexicana de Exhibicion, S.A. de C.V. (“Cinemex”), which includes 31
theatres representing 290 screens. The Mexican Federal Competition Commission
reversed its previous decision and issued a new resolution approving the sale
earlier in the week.

“We are appreciative of our employees throughout Mexico and their valuable
contributions to the Company. We will always consider them part of our family
and cherish the memories we have made over the past 20 years,” stated Tim
Warner, Cinemark’s Chief Executive Officer. “We will continue our
international concentration of time, talent, and capital in Central and South
America where we have a substantial runway for growth and opportunity.”

About Cinemark Holdings, Inc.:

Cinemark is a leading domestic and international motion picture exhibitor,
operating 506 theatres with 5,794 screens in 40 U.S. states, Brazil, Mexico,
Argentina and 10 other Latin American countries as of September 30, 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