Empire Company Announces Sale of Empire Theatres

Empire Company Limited (the “Company”) (TSX: EMP.A) has announced that Empire Theatres has reached a definitive agreement with Cineplex Inc. for the sale of 24 theatres and 170 screens in Atlantic Canada and 2 theatres with 48 screens in Ontario.  Empire Theatres has also reached a separate definitive agreement with Landmark Cinemas for the sale of 20 theatres and 179 screens in Ontario and Western Canada.