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<br />\.\-IL¿, <br /> <br />To: <br />Subject: <br /> <br />Michael Church and Pat Webb <br />Redwood City Theater Analysis <br /> <br />October 26, 2000 <br />Page 4 <br /> <br />Ticket Sales per Screen <br /> <br />Century Park 12 (Redwood City) <br />Century 10 (South San Francisco) <br />Century Park Mountain View <br />AMC Mercado (Santa Clara) <br />Century Theatres National average <br /> <br />$875,000 per screen <br />$667,000 <br />$679,000 <br />$753,000 <br />$350,000 (estimated) <br /> <br />Future supply of sites for major theater faces significant barriers to entry. The lack of <br />opportunities is exacerbated by the lack of land on which to develop large theaters and the <br />necessary parking. <br /> <br />Century Theatres <br /> <br />Century Theatres has not followed the "expand at any cost" model and is one of the few very <br />healthy exhibitors. The following is a summary of some key statistical indicators: <br /> <br />. <br /> <br />Centurj Theatres has among the highest per screen ticket sales in the industry. <br /> <br />Estimated Gross Ticket Sales <br /> <br />Century Theatres <br />Loews Cinepiex <br />AMC <br />General Cinema <br />United Artists <br />Cinemark <br />Regal <br />Carmike <br /> <br />$350,000 per screen <br />$270,000 <br />$260,000 <br />$256,000 <br />$214,000 <br />$170,000 <br />$160,000 <br />$120,000 <br /> <br />. <br /> <br />Century's per screen average outperforms the industry. Century's per screen average <br />is: <br /> <br />192% higher than Carmike's; <br />119% higher than Regal's: <br />106% higher than Cinemark's; <br />64% higher than United An:ists'; <br />37% higher than General Cinema; <br />35% higher than AMC's; and <br />30% higher than Loews Cineplex's. <br />