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The Marcus Corporation Promotes Kim Lueck to Chief Information Officer

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The Marcus Corporation (NYSE:MCS) today announced the promotion of Kim Lueck to chief information officer. Lueck will also continue to serve as vice president of technology for the Marcus Theatres division, and will join The Marcus Corporation’s executive management committee.

Kim Lueck, CIO, The Marcus Corporation (Photo: Business Wire)

Kim Lueck, CIO, The Marcus Corporation (Photo: Business Wire)

Lueck, a 17-year veteran of Marcus Theatres, has served the company in a variety of information technology positions, most recently as chief information technology officer. In her new role, she will provide vision and leadership for the development and implementation of technology- focused initiatives for The Marcus Corporation, and will oversee the planning and implementation of enterprise information technology (IT) systems in support of divisional operations.

Lueck joined Marcus Theatres in 1997 as an IT project manager and was promoted to information technology manager in 1999. She joined The Marcus Corporation’s corporate IT team in 2000. She moved back to Marcus Theatres in 2006 as director of technology and was promoted to her most recent role in 2008.

“We are pleased to welcome Kim to our executive management team in her new role. Her experience and familiarity with our organization, practices and teams have contributed to the success of our company. I know she will keep us on the leading edge of technology platforms to support our future growth,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation.

About The Marcus Corporation

Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres(R), currently owns or manages 685 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. The company’s lodging division, Marcus(R) Hotels & Resorts, owns and/or manages 19 hotels, resorts and other properties in 10 states. For more information, please visit the company’s website at www.marcuscorp.com.

Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (3) the effects on our occupancy and room rates of the relative industry supply of available rooms at comparable lodging facilities in our markets; (4) the effects of competitive conditions in our markets; (5) our ability to achieve expected benefits and performance from our strategic initiatives and acquisitions; (6) the effects of increasing depreciation expenses, reduced operating profits during major property renovations, impairment losses, and preopening and start-up costs due to the capital intensive nature of our businesses; (7) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (8) our ability to identify properties to acquire, develop and/or manage and the continuing availability of funds for such development; and (9) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States or incidents such as the tragedy in a movie theatre in Colorado in July 2012. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

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