REGAL KAPOLEI COMMONS 12 AND ROY YAMAGUCHI’S EATING HOUSE 1849 TO OPEN IN SPRING 2016

Kapolei Commons announced Hawaii’s first luxury movie theater and several new restaurants including a new dining experience from Roy Yamaguchi will debut in Fall 2016.

 

Kapolei Commons announced Hawaii’s first luxury movie theater and several new restaurants including a new dining
experience from Roy Yamaguchi will debut in Spring 2016.

Regal Cinemas will open its first flagship theater in Hawaii, the Regal Kapolei Commons 12. Spanning 56,000 square
feet, the 12-auditorium luxury venue will feature the latest innovations in cinematic presentation, including spacious
all-electric reclining seats, upgraded concessions and expansive wall-to-wall screens.

Culinary pioneer Roy Yamaguchi, the award-winning chef behind Hawaii institution Roy’s, has selected Kapolei
Commons to launch the first Oahu location of Eating House 1849. Pairing the easy ambiance and simple flavors of a
plantation town with modern ‘haute cuisine,’ this Yamaguchi gem pays homage to Hawaii’s vibrant culinary heritage.

Kapolei Commons will also welcome new locations of eateries Gyu-Kaku, a Japanese restaurant that lets diners grill
freshly prepared meats and vegetables at their own tables, and Hawaii-based La Tour Café offering a mix of delicious
artisan-style fare.

ADDITIONAL INFORMATION

Encompassing over 70,000 square feet of new space, the expansion will increase the size of Kapolei Commons to over
425,000 square feet. The development is being led by The MacNaughton Group and Kobayashi Group, two well-
respected, locally-based real estate companies known for their commitment to developing retail centers and
residential projects of extraordinary quality.

The additions reinforce the Commons as West Oahu’s preeminent family-friendly destination attracting residents and
resort visitors alike where guests can shop, dine or simply spend time with friends and family. They also represent the
next step in the evolution of the Commons, which added TJ Maxx to the center earlier this year, joining successful
existing anchors such as Target, Down to Earth, Ross, Pier 1 Imports, Office Max and Petco.

“This area has needed more shopping and dining options for residents, and this expansion is in line with our aim to
create a retail complex featuring Hawaii’s favorite stores that can serve West Oahu’s fast-growing community,” said
Duncan MacNaughton, chairman of The MacNaughton Group. “Kapolei Commons is one of our most successful
projects, and we are pleased with the level of interest from retailers and restaurants who want to be a part of it.”

“Our mission to elevate the moviegoing experience will certainly be accomplished with this sparkling new theater, a
venue which will appeal to film buffs, families and movie lovers of all ages,” said Jerry Grewe, vice president of real
estate for Regal Entertainment Group . “We are especially proud to offer this upgraded experience at competitive
pricing to area theaters.”

“We are delighted to be a part of the rapidly growing success of Kapolei Commons,” said award-winning chef Roy
Yamaguchi . “With its proximity to large residential areas and nearby resort communities like Disney’s Aulani and
the new Four Seasons, this is a prime location for our first ‘1849’ on Oahu.”

The Mac Naughton Group:

The MacNaughton Group is recognized as one of the most active real estate development and investment companies
in the State of Hawaii, leveraging over four decades of experience and strong local relationships. Since inception in
1967, The MacNaughton Group has demonstrated a track record of success with a cumulative Hawaii-based portfolio
in excess of 8.5 million square feet. Over the last several decades, The MacNaughton Group has helped shape the
“lifestyle landscape” of Hawaii through the development of a number of the state’s most well-recognized projects
including Waikele Center, Kapolei and Kona Commons. It has also co-developed Honolulu’s premier luxury high-rise
condominiums Hokua at 1288 Ala Moana, Capitol Place in Downtown Honolulu, and ONE Ala Moana.

The Kobayashi Group:

Since 1997, Kobayashi Group has steadily grown its reputation and portfolio as one of Hawaii’s premier real estate
development and investment firms. Specializing in residential, resort, commercial, medical facilities, and municipal
projects, they bring experience and influence to the high-end development and business landscape in Hawaii. In
addition to their partnership with The MacNaughton Group on Kapolei and Kona Commons, Kobayashi Group is one
of the most active and well-respected luxury hospitality and residential developers in Hawaii. The firm has been
involved in Hawaii-based projects totaling more than $3 billion, including the Andaz Resort and Residences in Wailea,
Maui and the exclusive private resort community, Kukio Golf and Beach Club on the Big Island. They have also co-
developed Honolulu’s premier luxury high-rise condominiums Hokua at 1288 Ala Moana, Capitol Place in Downtown
Honolulu, ONE Ala Moana, Vida 888 Ala Moana and Park Lane Ala Moana.

Craig Realty Group:

Craig Realty Group is a shopping center development and management firm founded by Steven L. Craig and is based
in Newport Beach, California. A leader in the development and management of high income-producing, upscale
factory outlet centers, Craig Realty Group owns, operates and manages nearly 4.3 million square feet of existing retail
development in 7 states. Craig Realty Group founder Steve Craig previously developed Desert Hills Premium Outlets
and Carlsbad Company Stores, two of the most successful manufacturer outlet centers, and was instrumental in
developing Camarillo Premium Outlets. For more information, visit www.craigrealtygroup.com.

Regal Entertainment Group:

Regal Entertainment Group (NYSE: RGC) operates the largest and most geographically diverse theater circuit in the
United States, consisting of 7,357 screens in 571 theatres in 42 states along with Guam, American Samoa and the
District of Columbia as of October 31, 2015. The Company operates theatres in 46 of the top 50 U.S. designated market
areas. We believe that the size, reach and quality of the Company’s theatre circuit not only provide its patrons with a
convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in
theater operations.

Eating House 1849:

The Eating House 1849 pays homage to Hawaii’s vibrant culinary heritage, a nod to restaurateurs like Peter Fernandez
who, the story goes, opened one of the first restaurants in Hawaii, called the Eating House, back in the mid-1800s, using
what was available from local farmers, ranchers, foragers and fishermen. It’s here that award-winning Chef Roy
Yamaguchi blends these two worlds: the easy ambiance and simple flavors of a plantation town with the dynamic
modernity of haute cuisine.

Media Contact:

Andrea Galvin, Aloha Agency
T: 808.782.7340, E: andrea@alohaagency.net

Sherri Rigg, Rigg Communications

T: 808-782-5180, E: riggcomm@gmail.com