Reading International Opens State-of-the-Art Cinema Complex at Burwood Brickworks

Reading International, Inc. (NASDAQ: RDI) ("Readinga??) is pleased to announce the opening of its most advanced Australian cinema at the grand opening of the brand new Burwood Brickworks development in Melbourne, Australia on December 6, 2019.

Reading Cinemas Burwood Brickworks showcases the Gold standard in Australian cinema as Melbournea??s first premium TITAN LUXE auditorium with convenient reserved seating, the newest Dolby Atmos immersive sound and enhanced food and beverage offerings. The new complex is the companya??s first cinema in Australia to feature reclining seats in all auditoriums.

The new six-screen Reading Cinemas complex is positioned on the ground level of the Burwood Brickworks shopping center, on the corner of Middleborough Road and Burwood Highway.

Reading acquired the former Burwood Brickworks property in the mid-1990a??s, when it first entered the Australian market. The property was later sold to a predecessor company of Frasers Property Australia. The approximately 150,000 square foot Burwood Brickworks shopping center will be the heart of the mixed-use community.

Ellen Cotter, Chair and Chief Executive Officer of Reading, commented: "Our new Reading Cinemas at Burwood Brickworks offers a first-class cinematic experience. We are thrilled, not only to partner with Frasers at Burwood Brickworks, but also to be finally delivering on the vision that my father and Reading founder, James J. Cotter, Sr., had to open a state-of-the-art cinema on the Burwood property. Many Reading executives fondly remember the long conversations decades ago regarding my fathera??s aspirations to entertain the Burwood community. From service to presentation to curated programming, we believe our new movie theater will set new standards for both this community and Reading.a??
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