Date of Webcast for First Quarter 2019 Results Announced by Reading International

Reading International, Inc. (NASDAQ: RDI) (“Reading”) announced today
that it expects to release its financial results for its first quarter
ended March 31, 2019 on Friday, May 10, 2019 prior to the opening of the
US stock markets.

Reading plans to post its pre-recorded conference call and audio webcast
on its corporate website on Tuesday, May 14, 2019, that will feature
prepared remarks from Ellen Cotter, President & Chief Executive Officer,
Gilbert Avanes, Interim Chief Financial Officer and Treasurer and
Andrzej Matyczynski, Executive Vice President - Global Operations.

A pre-recorded question and answer session will follow our formal
remarks. Questions and topics for consideration should be submitted by
Monday, May 13, 2019 by 2:00 p.m. PDT. The audio webcast can be accessed
by visiting http://www.readingrdi.com/about/#earnings-call.

About Reading International, Inc.

Reading International Inc. (NASDAQ: RDI) is a leading entertainment and
real estate company, engaging in the development, ownership and
operation of multiplex cinemas and retail and commercial real estate in
the United States, Australia, and New Zealand.

The family of Reading brands includes cinema brands Reading Cinemas,
Angelika Film Centers, Consolidated Theatres, and City Cinemas; live
theaters operated by Liberty Theatres in the United States; and
signature property developments, including Newmarket Village, Auburn Red
Yard and Cannon Park in Australia, Courtenay Central in New Zealand and
44 Union Square in New York City.

Additional information about Reading can be obtained from the Company's
website: http://www.readingrdi.com.

Forward-Looking Statements

Our statements in this press release contain a variety of
forward-looking statements as defined by the Securities Litigation
Reform Act of 1995. Forward-looking statements reflect only our
expectations regarding future events and operating performance and
necessarily speak only as of the date the information was prepared. No
guarantees can be given that our expectation will in fact be realized,
in whole or in part. You can recognize these statements by our
use of words such as, by way of example, “may,” “will,” “expect,”
“believe,” and “anticipate” or other similar terminology.

These forward-looking statements reflect our expectation after having
considered a variety of risks and uncertainties. However, they
are necessarily the product of internal discussion and do not
necessarily completely reflect the views of individual members of our
Board of Directors or of our management team. Individual Board
members and individual members of our management team may have different
views as to the risks and uncertainties involved, and may have different
views as to future events or our operating performance.

Among the factors that could cause actual results to differ
materially from those expressed in or underlying our forward-looking
statements are the following:

• with respect to our cinema operations:
  • the number and attractiveness to movie goers of the films released
    in future periods;
  • the amount of money spent by film distributors to promote their
    motion pictures;
  • the licensing fees and terms required by film distributors from
    motion picture exhibitors in order to exhibit their films;
  • the comparative attractiveness of motion pictures as a source of
    entertainment and willingness and/or ability of consumers (i) to
    spend their dollars on entertainment and (ii) to spend their
    entertainment dollars on movies in an outside the home environment;
  • the extent to which we encounter competition from other cinema
    exhibitors, from other sources of outside-the-home entertainment,
    and from inside-the-home entertainment options, such as “home
    theaters” and competitive film product distribution technology
    such as, by way of example, cable, satellite broadcast and DVD
    rentals and sales, and online streaming;
  • the cost and impact of improvements to our cinemas, such as
    improve seating, enhanced food and beverage offerings and other
    improvements;
  • service disruption during theater improvements; and
  • the extent to and the efficiency with which we are able to
    integrate acquisitions of cinema circuits with our existing
    operations.
• with respect to our real estate development and operation activities:
  • the rental rates and capitalization rates applicable to the
    markets in which we operate and the quality of properties that we
    own;
  • the extent to which we can obtain on a timely basis the various
    land use approvals and entitlements needed to develop our
    properties;
  • the risks and uncertainties associated with real estate
    development;
  • the availability and cost of labor and materials;
  • the ability to obtain all permits to construct improvements;
  • the ability to finance improvements;
  • the disruptions from construction;
  • the possibility of construction delays, work stoppage and material
    shortage;
  • competition for development sites and tenants;
  • environmental remediation issues;
  • the extent to which our cinemas can continue to serve as an anchor
    tenant that will, in turn, be influenced by the same factors as
    will influence generally the results of our cinema operations;
  • the ability to negotiate and execute joint venture opportunities
    and relationships;
  • the increased depreciation and amortization expenses as
    construction projects transition to leased real property; and
  • certain of our activities are in geologically active areas,
    creating a risk of damage and/or disruption of real estate and/or
    cinema businesses from earthquakes.

• with respect to our operations generally as an international company
  involved in both the development and operation of cinemas and the
  development and operation of real estate; and previously engaged for
  many years in the railroad business in the United States:
  • our ongoing access to borrowed funds and capital and the interest
    that must be paid on that debt and the returns that must be paid
    on such capital;
  • expenses, management and Board distraction and other effects of
    the litigation efforts mounted by James Cotter, Jr. against the
    Company, including his efforts to cause a sale of voting control
    of the Company;
  • the relative values of the currency used in the countries in which
    we operate;
  • changes in government regulation, including by way of example, the
    costs resulting from the implementation of the requirements of
    Sarbanes-Oxley;
  • our labor relations and costs of labor (including future
    government requirements with respect to pension liabilities,
    disability insurance and health coverage, and vacations and leave);
  • our exposure from time to time to legal claims and to uninsurable
    risks such as those related to our historic railroad operations,
    including potential environmental claims and health-related claims
    relating to alleged exposure to asbestos or other substances now
    or in the future recognized as being possible causes of cancer or
    other health related problems;
  • our exposure to cyber-security risks, including misappropriation
    of customer information or other breaches of information security;
  • changes in future effective tax rates and the results of currently
    ongoing and future potential audits by taxing authorities having
    jurisdiction over our various companies; and
  • changes in applicable accounting policies and practices.

The above list is not necessarily exhaustive, as business is by
definition unpredictable and risky, and subject to influence by numerous
factors outside of our control, such as changes in government regulation
or policy, competition, interest rates, supply, technological
innovation, changes in consumer taste and fancy, weather, and the extent
to which consumers in our markets have the economic wherewithal to spend
money on beyond-the-home entertainment.

Given the variety and unpredictability of the factors that will
ultimately influence our businesses and our results of operation, no
guarantees can be given that any of our forward-looking statements will
ultimately prove to be correct. Actual results will undoubtedly
vary and there is no guarantee as to how our securities will perform,
either when considered in isolation or when compared to other securities
or investment opportunities.

In addition to the forward-looking factors set forth above, we
encourage you to review Item 1A. “Risk Factors,” from our Company’s
Annual Report on SEC Form 10-K for the Year Ended December 31, 2017.

Finally, we undertake no obligation to publicly update or to revise
any of our forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required under
applicable law. Accordingly, you should always note the date to
which our forward-looking statements speak.

Additionally, certain of the presentations included in this press
release may contain “pro forma” information or “non-U.S. GAAP financial
measures.” In such case, a reconciliation of this information to
our U.S. GAAP financial statements will be made available in connection
with such statements.

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