Alamo Drafthouse Cinemas Announces New Development Agreement

AUSTIN, Texas, Oct. 5 /PRNewswire/ -- Alamo Drafthouse Cinemas, the nation's
oldest cinema-eatery concept showing first-run films, has recently signed an
agreement to convert two existing company-run facilities into franchisee-owned
properties and develop at least seven new locations throughout Texas.

Triple Tap Ventures LLC has acquired two existing company-owned Alamo
Drafthouse Cinemas in the Houston metropolitan area, which were named "Best
Movie Theater with Dinner" by the Houston Press. Triple Tap has plans to
construct new properties in the Houston market as well as Amarillo, Corpus
Christi, Lubbock, Midland/Odessa and San Marcos.

Triple Tap's principals - Norman Abdallah and Neil Billingsley-Michaelsen -
have more than 40 years of restaurant, franchise, corporate finance,
management, entertainment and concept development experience between them.
Abdallah is currently CEO and president of Restaurants Unlimited Inc., a Sun
Capital Partners portfolio company. He is also the co-founder of Fired Up
Inc., parent of Carino's Italian where he served as CEO for 11 years, and
previously headed the worldwide franchise system for Brinker International for
brands including Chili's Grill & Bar, Macaroni Grill and On the Border.
Billingsley-Michaelsen brings a wealth of corporate finance and management
experience covering a wide range of industries. His positions include senior
executive and partner-level positions with TM Capital Corp., APS Financial
Corporation and International Development Management, a real estate
development and investment firm.

"Norman and Neil are the ideal Alamo franchisees and will play an integral
role in the brand's expansion," said John Martin, Alamo Drafthouse's president
and CEO. "Their backgrounds make them the perfect fit for this concept -
they're like a dream team, really - and we're looking forward to welcoming
them into the Alamo family."

Abdallah said, "I have been a fan of Alamo Drafthouse for years and feel it is
one of the strongest emerging brands in the unique 'cinema eatery' segment. We
look forward to building Triple Tap into a solid regional entertainment
management and development company."

Austin, Texas-based Alamo Drafthouse Cinemas is the only franchised movie
theater chain and the only franchise concept that offers the combination of
theater and restaurant, with the best first-run and independent films and
other special events. Alamo Drafthouse Cinemas currently has seven locations
and is opening two more in the fall of 2009. For more information, visit
www.drafthouse.com.

SOURCE Alamo Drafthouse Cinemas

John Martin, +1-512-219-7800, for Alamo Drafthouse Cinemas