[October 14, 2016]

Consolidated Theatres to Open 'Olino, a State-of-the-Art Luxury Cinema at Ka Makana Ali'i

Consolidated Theatres, a subsidiary of Reading International, Inc. (NASDAQCM: RDI) today announced the opening of 'Olino on October 21^st, 2016. Consolidated's ninth cinema in Hawai'i and its first to break ground since 2001, the eight-screen, state-of-the-art cinema will open at Ka Makana Ali'i, the 1.4 million-square-foot regional mall in West O'ahu. 'Olino celebrates Consolidated's long-standing history in Hawai'i and features the latest in comfort and cinematic technology to dazzle moviegoers with a first class experience.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161014005916/en/

"We are honored to be part of the exciting new Ka Makana Ali'i development and are thrilled to open Consolidated's first state-of-the-art luxury cinema in Kapolei. We look forward to serving the growing West O'ahu community for years to come," says Ellen Cotter, CEO of Reading International, Inc.

With sleek architectural design that brings natural light into the welcome space of the cinema and luxurious amenities to create the most brilliant movie-going experience, the cinema is inspired by its name. Each of 'Olino's well-appointed auditoriums feature luxurious electric recliner seats, expansive wall-to-wall screens and pristine digital projection by Barco, the leader in digital cinema technology. Expanding on the cutting edge technology from the iconic TITAN XC at Ward Theatres, 'Olino introduces a new premium TITAN XC experience, TITAN LUXE. Guests will enjoy the comfort of luxurious electric recliner seats and the newest Dolby Atmos multi-channel immersive sound, while watching Hollywood's latest blockbusters on one of Hawai'i's biggest screens.

In addition to the traditional cinema concessions and 140 flavors offered by Coca-Cola Freestyle, a menu of locally inspired and freshly prepared items has been curated by former Food Network executive, Bruce Seidel (Hot Lemon Productions), and former Food Network chef, Santos Loo. Unique items guests can enjoy before, during or after their film include a Kim Chee Burger, Banh Mi-Style Hot Dog and Loaded Baked Potato Fries. A diverse selection of craft beers on draft and wines will be offered during select showtimes to guests ages 21 and over. Local specialty items from around the island will be offered including a full gourmet coffee menu from Kai Coffee Hawaii, mini pies from The Hawaiian Pie Company and specialty macarons from the Instagram-famous Macarons by Tiffany.

A full service outdoor patio will be the perfect place for guests to enjoy a meal, coffee or dessert before or after a film.

"As a kama'aina company, we are proud to offer a new and exciting entertainment destination in West O'ahu, with a focus on local food and hospitality with aloha," said Lindsey Chun-Hori, director of marketing of Consolidated Theatres Hawai'i.

'Olino's unique film programming, in addition to the latest blockbusters, includes specialty events such as The Hana Hou Picture Show, a monthly retro film series featuring beloved 80's classics such as Top Gun and The Goonies; Crybaby Matinee, a movie experience designed for new parents and their babies; and Hitchcocktober, celebrating Alfred Hitchcock with a special presentation of Psycho digitally remastered and restored on Halloween.

To celebrate the opening of 'Olino, Consolidated will host a public preview from October 17-19. Guests can see recent Hollywood blockbusters and family favorites with $2 admission, candy, popcorn and soda. A selection of items from the new locally-inspired menu will also be available for purchase. Proceeds will benefit the Boys & Girls Club of Hawaii and arts and education.

'Olino is located at the new Ka Makana Ali'i Mall at the intersection of Kualakai and Kapolei Parkway. Ample free parking is available.

For more information about 'Olino and to reserve your seat in advance, please visit www.OlinoTheatres.com. 'Olino Social Media: http://www.Facebook.com/olinotheatres; www.Twitter.com/olinotheatres; and http://www.instagram.com/olinotheatres.

About Consolidated Theatres

Owned and operated by Reading International, Inc. (NASDAQCM: RDI), Consolidated Theatres has provided entertainment to Hawai'i since 1917. Consolidated Theatres operates nearly 100 screens across the state, including theatres on O'ahu and Maui and the state's only Titan XC theatre with Dolby Atmos technology at the Ward 16 Stadium. Dedicated to providing all guests with a positive moviegoing experience, Consolidated Theatres offers community programming throughout the year, including its Spotlight Asia screenings, Crybaby Matinees and the Hana Hou Picture Show. For more information about Consolidated Theatres, please visit www.ConsolidatedTheatres.com or follow Consolidated Theatres on Twitter (News - Alert) at www.twitter.com/consolidatedhi and on Facebook (News - Alert) at www.Facebook.com/consolidatedHI.

About Reading International, Inc.

Reading International (http://www.ReadingRDI.com) is in the business of owning and operating cinemas and developing, owning and operating real estate assets. Our business consists primarily of the development, ownership and operation of multiplex cinemas in the United States, Australia and New Zealand; and the development, ownership and operation of retail and commercial real estate in Australia, New Zealand and the United States, including entertainment-themed retail centers in Australia and New Zealand and live theater assets in Manhattan and Chicago in the United States.

Reading manages its worldwide business under various brands:

• in the United States, under the
  • Reading Cinema brand (http://www.readingcinemasus.com);
  • Angelika Film Center brand (http://www.angelikafilmcenter.com);
  • Consolidated Theatres brand (http://www.consolidatedtheatres.com);
  • City Cinemas brand (http://www.citycinemas.com);
  • Beekman Theatre brand (http://www.beekmantheatre.com);
  • The Paris Theatre brand (http://www.theparistheatre.com);
  • Liberty Theatres brand (http://libertytheatresusa.com); and
  • Village East Cinema brand (http://villageeastcinema.com)

• in Australia, under the
  • Reading Cinema brand (http://www.readingcinemas.com.au);
  • Newmarket brand (http://readingnewmarket.com.au); and
  • Red Yard brand (http://www.redyard.com.au)
• in New Zealand, under the
  • Reading brand (http://www.readingcinemas.co.nz);
  • Rialto brand (http://www.rialto.co.nz);
  • Reading Properties brand (http://readingproperties.co.nz);
  • Courtenay Central brand (http://www.readingcourtenay.co.nz); and
  • Steer n' Beer restaurant brand (http://steernbeer.co.nz)

Forward-Looking Statements

This press release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are qualified by the inherent risks and uncertainties surrounding future expectations generally and also may materially differ from actual future experience involving any one or more of such statements. The inclusion of a forward-looking statement in this press release should not be regarded as a representation by Reading International that its objectives will be achieved. Reading International undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161014005916/en/

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