NATIONAL CINEMEDIA AND MALCO THEATRES ENTER INTO AFFILIATE AGREEMENT TO PRESENT ALTERNATIVE EVENTS IN U.S. MOVIE THEATRES

Variety of NCM Fathom events, including the Met Live in HD Series, to be presented in Memphis, Madison, Miss., Fayetteville and Ft. Smith, Ark.

Centennial, CO and Memphis, TN – (March 3, 2008) – National CineMedia LLC (NCM), has entered into a digital network affiliate agreement with Malco Theatres, the 17th largest theatre chain in the U.S., for the presentation of live and pre-recorded in-theatre events presented by NCM’s Fathom division. Under the terms of the new agreement, NCM will expand its Digital Broadcast Network – the largest high-definition digital in-theatre live network in North America – to include four initial Malco theatre locations in Memphis, Tenn.; Madison, Miss.; as well as Fayetteville and Ft. Smith, Ark, with more to follow in the future.

With the addition of the Malco theatres and theatres from NCM’s founding member exhibitors, AMC Entertainment Inc., Cinemark USA Inc. (NYSE: CNK) and Regal Entertainment Group (NYSE: RGC), as well as network affiliate theatres including Georgia Theatre Company, Goodrich Quality Theaters, Kerasotes ShowPlace Theatres, Marcus Theatres, , NCM’s Digital Broadcast Network now includes 400 theatres.

Through special satellite-based High-Definition projection and encryption systems, NCM’s Digital Broadcast Network distributes live and pre-recorded Fathom events in markets across the United States, including Britten’s “Peter Grimes,” the fifth opera in a series of eight in the critically-acclaimed The Metropolitan Opera: Live in High Definition series. “Peter Grimes,” a haunting theatrical journey that features what may be 20 th century opera’s most impressive tenor role, will be presented in Malco theatres and other NCM Fathom theatres on Saturday, March 15 th at 1:30 p.m. ET / 10:30 a.m. PT. Tickets for the Met events, presented LIVE via satellite, can be purchased at participating theatre box offices or online at www.FathomEvents.com .

“We’re very pleased to add the well-known Malco Theatres to our list of special event venues nationwide and especially pleased to bring NCM Fathom events to Memphis for the first time - allowing us to bring one-of-a-kind content to consumers in all top 50 U.S. markets,” said Tom Galley, executive vice president, chief technology and operations officer at NCM. “The continued expansion of our digital and satellite network, together with Malco Theatres, broadens NCM’s ability to bring a high-quality entertainment experience to an even greater number of patrons, including those who reside in markets with less opportunity to be exposed to high quality arts and entertainment performances.”

“The partnership with NCM will provide us with the opportunity to provide our customers with a wide range of alternative content that we would otherwise not be able to offer,” said Bobby Levy, executive vice president of advertising at Malco Theatres.

Since 2002, NCM has presented a variety of music, sports and other entertainment events in movie theatres nationwide during off-peak movie going hours using its proprietary Digital Broadcast Network. Recent NCM Fathom in-theatre presentations have included live, High Definition performances of The Metropolitan Opera; St. Olaf Christmas Festival; “Spirit of the Marathon” documentary; the “Poltergeist” 25th Anniversary; and numerous concert events featuring popular artists such as Garth Brooks, Celine Dion, the Rolling Stones, Pink Floyd’s David Gilmour and Linkin Park, among others.

About Malco Theatres Malco Theatres is headquartered in Memphis, and is fourth-generation family-owned and operated. Malco Theatres, the 17th largest theatre chain in the U.S., operates over 300 screens at 33 locations across the Mid-South. Malco Theatres’ continuing growth includes the recently opened new 12- screen cinema in Fayetteville, AR and an 8-screen cinema in Van Buren, AR. Additionally, Malco Theatres has projects in development in , Tennessee, , and Florida. For additional information, visit www.malco.com .

About National CineMedia, Inc. NCM LLC operates the largest digital in-theatre network in North America through long-term agreements with its founding members, AMC Entertainment Inc., Cinemark USA Inc. (NYSE: CNK) and Regal Entertainment Group (NYSE: RGC), the three largest theatre operators in the U.S., and through multi-year agreements with several other theatre operators. NCM LLC produces and distributes its FirstLook pre feature program; cinema and lobby advertising products; comprehensive meeting and event services and other entertainment programming content. NCM LLC’s national network includes over 15,250 screens of which over 13,200 are part of the Company’s Digital Content Network (DCN). NCM LLC’s DCN covers 169 Designated Market Areas® (49 of the top 50). During 2007, approximately 542 million patrons attended movies shown in theatres owned by the NCM LLC founding members (excluding Loews). National CineMedia, Inc. (NASDAQ: NCMI) owns a 44.8% interest in and is the managing member of NCM LLC. For additional information, visit www.ncm.com or www.FathomEvents.com .

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MEDIA CONTACTS:

Michelle Portillo / Lauren Leff National CineMedia (303) 792-8651 / (303) 957-1709 [email protected] / [email protected]

Karen Scott Malco Theatres (901) 761-3480 [email protected]