Reading International Joins Russell 2000(R) Index

Reading International Joins Russell 2000(R) Index

LOS ANGELES, June 29 /PRNewswire-FirstCall/ -- Reading International, Inc. (NYSE Amex: RDI) today joined the broad-market Russell 3000 Index and the subset Russell 2000(R) Index following the reconstitution by Russell Investments of its comprehensive set of U.S. and global equity indexes on June 26.

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

Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000(R), which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them. These investment tools originated from Russell's multi-manager investment business in the early 1980s when Russell saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.

About Russell

Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $136 billion in assets under management as of March 31, 2009, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.

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/),
-- Consolidated Theatres brand
(http://www.consolidatedtheatres.com/), and
-- City Cinemas brand;
-- in Australia, under the Reading brand
(http://www.readingcinemas.com.au/); and
-- in New Zealand, under the
-- Reading (http://www.readingcinemas.co.nz/), and

-- Rialto (http://www.rialto.co.nz/).

For more information, contact:

Andrzej Matyczynski, Chief Financial Officer
Reading International, Inc. (213) 235 2240

Photo: http://www.newscom.com/cgi-bin/prnh/20030403/LATH058LOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
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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