NEWS

Consolidated Theatres Names Dale Coleman as Vice President of Operations

CHARLOTTE, North Carolina (September 5, 2003) - Consolidated Theatres has named Dale Coleman as Vice President of Operations. "I am truly honored and excited to join the Consolidated team," said Coleman. "I am certainly looking forward to the challenge of being part of such a quality organization during this exciting time of growth and expansion."

Coleman joins Consolidated Theatres with over thirty years in the Motion Picture Exhibitors Industry including fifteen with Loews Theatres and having most recently worked with Santikos Theatres of San Antonio. "Dale Coleman adds a new level of experience and expertise to an already talented group of people at Consolidated Theatres," said firm President and CEO Herman Stone. "He is a welcome addition to our staff as we look ahead to a promising future for the company."

Consolidated Theatres presently operates 16 theatres with 222 screens in Virginia, North Carolina and South Carolina. The company has an additional site under construction in Silver Spring, Maryland with plans for continued growth throughout the eastern United States. Consolidated Theatres is committed to continuing its reputation as the premier theater operating company in the United States.