CONSOLIDATED THEATRES ACQUIRED BY REGAL ENTERTAINMENT GROUP

Knoxville, Tennessee - April 30, 2008 – Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, has acquired Consolidated Theatres from ABRY Partners, LLC. The transaction was completed today.

Regal acquired a total of 28 theatres representing 400 screens in exchange for approximately $210 million in cash. The acquisition of the Consolidated circuit will enhance Regal's presence in Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia.

"We expect the acquisition of Consolidated's circuit will be accretive to cash flows and earnings and are pleased to announce another acquisition of high quality assets…" stated Mike Campbell, CEO of Regal Entertainment Group.

About Regal Entertainment Group

Regal Entertainment Group is the largest motion picture exhibitor in the world. The Company's theatre circuit, comprising Regal Cinemas, United Artists Theatres and Edwards Theatres, operates 6,385 screens in 525 locations in 39 states and the District of Columbia.

About ABRY Partners

Located in Boston, ABRY Partners is among the most experienced and successful media-focused private equity investment firms in North America and Europe. ABRY has completed over $21 billion of leveraged transactions and other private equity and mezzanine investments, representing investments in more than 450 media properties since 1989. ABRY focuses on investments in the media, communications, business and information services sectors.