ANGELIKA FILM CENTER & CAFE TO OPEN IN SAN DIEGO

A state‐of‐the‐art boutique cinema to open at Carmel Mountain Plaza

Category:

5/12/15 8:08 am EDT

Dateline:

SAN DIEGO

The Angelika Film Center & Cafe, a state‐of-the‐art boutique cinema, today announced a new theater at Carmel Mountain Plaza in San Diego. Scheduled to open late summer of 2015, this will be the first Angelika on the West Coast.

The Angelika Film Center will be dedicated to offering its guests provocative and engaging film programming – from independent, foreign and specialty film to the best commercial film from the major studios – all in a luxurious, state‐of‐the‐art theatrical environment. Located along the I‐15 corridor at Carmel Mountain Road in San Diego’s North County, the Angelika will be a perfect addition to the vibrant open-­‐air shopping and dining experience at Carmel Mountain Plaza.

A cultural institution in New York City since 1989, the original Angelika Film Center is one of the most successful arthouses in North America and has generated record box office grosses for movies including Midnight in Paris, The Artist and Birdman. For more than ten years devoted moviegoers have also enjoyed Angelika cinemas in the Dallas area and more recently, in Fairfax, VA and Washington, D.C.

Each of the elegantly appointed 12 auditoriums at the new Angelika will feature full VIP luxury recliner seats in a stadium setting, expansive wall‐to-‐wall screens and pristine digital projection by Barco, the leader in digital cinema technology, providing Angelika guests not only the most luxurious comfort, but also the latest in cinematic presentation. Fred Dagdagan, a Los Angeles based designer of premier screening rooms for major Hollywood studios, has designed a sleek and modern cinema, which will include signature Angelika elements such as a striking three‐tiered crystal chandelier accented in blue neon and a dramatic illuminated rendering of the Angelika logo. The lobby, mezzanine lounge and lush outdoor patio have been designed to provide a sophisticated environment for San Diego filmgoers to enjoy before and after their film.

Before, during or after their film, guests will be offered a menu of craft beverages and bites curated by veteran Food Network executive Bruce Seidel and veteran Food Network chef Santos Loo, both currently with Hot Lemon Productions. Each dish can be paired with a craft beer or select wine. The Angelika will also feature classic concessions, some of which are enhanced with Seidel and Loo’s creative twists.

The new Angelika will offer a venue for the culturally rich San Diego community to experience not only a range of quality film, but also specially tailored film-based events, panels and unique cinematic programs. By providing opportunities to connect with the films and each other, the Angelika Film Center at Carmel Mountain will aim to support a creative community of filmmakers, artists and film enthusiasts. In addition to the well-­‐appointed auditoriums providing elegance for filmgoers, with customizable lighting andsound options plus a range of digital presentation formats they will also be utilized to make impactful presentations for corporate meetings and private events arranged through the dedicated in‐house events manager.

Additional information about the new Angelika Film Center at Carmel Mountain can be found at AnglikaFilmCenter.com/SanDiego, Facebook.com/AngelikaFilmSD and Twitter.com/AngelikaFilmSD. For more information and a map of directions, please visit www.CarmelMountainPlaza.com.

About Reading International, Inc.

The Angelika Film & Cafe in Carmel Mountain Plaza will be owned and operated by Reading International, Inc. (NASDAQ:RDI http://www.ReadingRDI.com), which 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.

About Carmel Mountain Plaza

Owned and managed by American Assets Trust, Inc., Carmel Mountain Plaza is the premier power center on the I-­‐15 corridor featuring over 75 shops, restaurants, services and theatres including Nordstrom Rack, Saks Fifth Avenue OFF 5TH, Banana Republic Factory Store, Barnes & Noble, and fabulous choices for fine and casual dining. For more information, visit www.CarmelMountainPlaza.com.

About American Assets Trust, Inc.

American Assets Trust, Inc. is a full service, vertically integrated and self-­‐administered real estate investment trust, or REIT, headquartered in San Diego, California. For over 40 years, the Company has been acquiring, improving, developing and managing premier retail, office and residential properties throughout the United States in some of the nation’s most dynamic, high‐barrier-to‐entry markets primarily in Southern California, Northern California, Oregon, Washington and Hawaii. The Company’s retail portfolio comprises approximately 3.1 million rentable square feet, and its office portfolio comprises approximately 2.7 million square feet. In addition, the Company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369‐room all-suite hotel) and over 900 multifamily units. In 2011, the Company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. For additional information, please visit www.americanassetstrust.com.

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.

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