October 23, 2008

National CineMedia, Inc. Announces Third Quarter 2008 Earnings Release Date and Conference Call

CENTENNIAL, Colo., Oct. 23, 2008 (GLOBE NEWSWIRE) -- National CineMedia, Inc. (Nasdaq:NCMI) (the Company), the managing member and owner of 42.3% of National CineMedia, LLC (NCM LLC), the operator of the largest digital in-theatre network in North America, today announced that the company will release its fiscal third quarter 2008 results after the market close on Thursday November 6, 2008, to be followed by a conference call at 5:00 p.m. eastern time.

The conference call can be accessed by dialing (888) 801-6497 or for international participants (913) 981-5540. The replay of the conference call will be available until midnight eastern time, November 20, 2008, by dialing (888) 203-1112 or for international participants (719) 457-0820, and entering passcode 5408672.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the company's website at www.ncm.com. The on-line replay will be available for a limited time beginning immediately following the call.

About National CineMedia

NCM LLC operates the largest digital in-theatre network in North America through long-term agreements with its founding members, AMC Entertainment Inc., Cinemark Holdings Inc. (NYSE:CNK) and Regal Entertainment Group (NYSE:RGC), the three largest theatre operators in the U.S., and through multi-year agreements with several other theatre operators. NCM LLC produces and distributes its FirstLook pre feature program; cinema and lobby advertising products; comprehensive meeting and event services and other entertainment programming content. NCM LLC's national network includes over 17,000 screens of which approximately 14,700 are part of the Company's Digital Content Network (DCN). NCM LLC's network covers 176 Designated Market Areas(r) (49 of the top 50). During 2007, approximately 685 million patrons attended movies shown in theatres currently included in our network (excluding Consolidated Theatres and Star Theatres). National CineMedia, Inc. (Nasdaq:NCMI) owns a 42.3% interest in and is the managing member of NCM LLC. To learn more about National CineMedia Inc., please visit the Company's website at www.ncm.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

 CONTACT:  National CineMedia, Inc.            Investor Contact:           Nikki Sacks             800-844-0935             [email protected]           Media Contact:           Lauren Leff             303-957-1709             [email protected]