James J. Cotter, Jr. Named Vice Chairman of Reading International

James J. Cotter, Jr. Named Vice Chairman of Reading International

LOS ANGELES, Aug. 23 /PRNewswire-FirstCall/ -- Reading International, Inc. (AMEX:RDI) announced today that James J. Cotter, Jr. was appointed Vice Chairman of the Board of Directors effective September 1, 2007. Mr. Cotter has been a member of the Board since 2002, and is currently the Chief Executive Officer of Cecelia Packing Corporation (a citrus grower, packer, and marketer). Mr. Cotter, 38, is a graduate of Brown University and New York University School of Law, where he earned a J.D. degree and an LL.M. in taxation. Mr. Cotter is the son of James J. Cotter, the Chairman, Chief Executive Officer and principal shareholder of Reading.

(http://www.newscom.com/cgi-bin/prnh/20030403/LATH058LOGO)

As Vice Chairman, Mr. Cotter, Jr. will be principally engaged in assisting the Chairman and Chief Executive Officer with the oversight and management of Reading, its businesses and affairs. In addition to his Board fees, Mr. Cotter, Jr. will receive annual compensation of $100,000. The Chairman and Chief Executive Officer of Reading has agreed to a corresponding reduction in his own annual compensation.

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 ("ETRC") in Australia and New
Zealand and live theater assets in Manhattan and Chicago in the United
States.

Reading manages its worldwide cinema business under various different brands:

-- in the United States, under the
-- Reading brand,
-- Angelika Film Center brand (http://angelikafilmcenter.com/), and
-- City Cinemas brand (http://citycinemas.moviefone.com/);

-- in Australia, under the Reading brand
(http://www.readingcinemas.com.au/); and

-- in New Zealand, under the
-- Reading (http://www.readingcinemas.co.nz/),
-- Rialto (http://www.rialto.co.nz/), and
-- Berkeley Cinemas (http://www.berkeleycinemas.co.nz/) brands.

For more information, contact:
Andrzej Matyczynski, Chief Financial Officer
Reading International, Inc. (213) 235-2240

First Call Analyst:
FCMN Contact: Katie.smith@readingrdi.com

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Source: Reading International, Inc

CONTACT: Andrzej Matyczynski, Chief Financial Officer of Reading
International, Inc., +1-213-235-2240

Web site:

http://www.readingcinemas.com.au/

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