Global City Holdings
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12

Jun

Opening of a new Cinema City multiplex in Lublin

The Board of Managing Directors of Cinema City International N.V. (the "Company") is pleased to inform about the opening on 11 June 2007 of a new multiplex in Lublin.

Cinema City Lublin is the Company's first multiplex operating in this area of Poland. A modern 8-screen cinema with 1548 seats is located on a leased area in the Shopping Centre - Lublin Plaza.

Funds spent on this investment were primarily sourced from the Company's own funds and from proceeds gained in its initial public offering.

By opening of its first multiplex in Lublin the Company enters a new regional market in Poland.

Legal grounds: Art. 56.1.1 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies.

A signature of persons authorised to represent the Company: Mr. Israel Greidinger - a Managing Director, proxy