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

Features the first TITAN LUXE screen, plush recliner seats and
locally inspired cuisine

HONOLULU–(BUSINESS WIRE)–Consolidated
Theatres
, a subsidiary of Reading International, Inc. (NASDAQCM:
RDI) today announced the opening of ‘Ōlino
on October 21st, 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. ‘Ōlino
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.


“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 ‘Ōlino’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, ‘Ōlino
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‘āina 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.

‘Ōlino’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 ‘Ōlino,
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.

‘Ōlino
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 ‘Ōlino
and to reserve your seat in advance, please visit www.OlinoTheatres.com.
‘Ōlino
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 at www.twitter.com/consolidatedhi
and on Facebook 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:

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.

Contacts

Reading International, Inc.
Dev Ghose / Andrzej Matyczynski
213-235-2240
or
Bennet
Group Strategic Communications
Alika Ke-Paloma
808-286-3060
alika@bennetgroup.com