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Business Description
Regal Entertainment Group is engaged in theatre exhibition operations in the United States. Regal operates a theatre circuit, consisting of 6,242 screens in 560 theatres in 40 states. The Company primarily operates multi-screen theatres and has an average of 11 screens per location. Regal develops, acquires and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban areas of metropolitan markets throughout the United States.

Financial Information
For the thirty nine weeks ended 9/30/04, revenues increased 1% to $1.82 billion. Net income decreased 54% to $58 million. Revenues reflect an increase in average ticket price per patron due to sales of greater proportion of full price tickets from R-rated films. Net income was offset by increased rent, depreciation and amortization expenses.