Marcus Theatre to Build New Theatre in Green Oaks

Marcus Theatres^®, a division of The Marcus Corporation (NYSE: MCS), today announced that it has reached an agreement to purchase approximately 10 acres for a movie theatre as part of a mixed-use center in Green Oaks, Ill., a northern Chicago suburb. The mixed-use project, being developed by Equities Green Oaks, LLC., is located near the Northeast intersection of I-94 and IL Route 176 in the village of Green Oaks, commonly known as the "Lambs Farms" interchange. The mixed-use development will also feature retailers and restaurants and will have easy access from northern Illinois communities of Libertyville, Mundelein, Vernon Hills, Lake Bluff, Waukegan, Lake Forest and others.

"Marcus Theatresis excited to build a new state-of-the-art 100% digital cinema as part of the Green Oaks mixed-use development. The planned 60,000 square foot theatre is being designed to have up to 15 screens and 2,400 seats, including a 70-foot-wide UltraScreen^®. A variety of food and beverage options are also being considered to further enhance this theatre as an entertainment destination in Lake County," said Bruce J. Olson, president of Marcus Theatres. "We anticipate that construction at this location could begin as early as spring or summer of next year."

"The Village of Green Oaks is a family-oriented community and we are very excited that Marcus Theatres plans to bring an upscale movie complex to our area," said Mayor Bernard Wysocki. "This facility will provide a wonderful entertainment destination for our residents and the surrounding communities as well. We look forward to Marcus Theatres becoming an important addition to our village."

"We are currently in the process of due diligence and planning and will announce design elements and amenities when all of the details are finalized. We look forward to offering the latest in innovative technology, state-of-the-art amenities and the latest Hollywood films to residents throughout the area. The new entertainment complex will draw upon our experience in integrating food and beverage service into our existing theatres, as well as creating an entertainment destination that will attract people from throughout northern Illinois," Olson said.

The balance of the project is being developed and marketed by John Schoditsch of the Bradford Real Estate Companies and Anthony DeAngelis of Midwest Real Estate Equities, Inc. The financial details of the transaction were not disclosed.

About Marcus Theatres

Marcus Theatres^®, a division of The Marcus Corporation (NYSE:MCS), is the sixth largest theatre circuit in the United States and currently owns or operates 684 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio, and one family entertainment center in Wisconsin. For more information, visit the Marcus Theatres website at www.marcustheatres.com.

About The Marcus Corporation

Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries. In addition to its Marcus Theatres division, the company's lodging division, Marcus Hotels and Resorts, owns or manages 19 hotels, resorts and other properties in ten states. The company is celebrating its 75^th anniversary in 2010. For more information, visit the company's web site 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 increasing depreciation expenses, reduced operating profits during major property renovations, and preopening and start-up costs due to the capital intensive nature of our businesses; (3) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (4) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (5) the effects on our occupancy and room rates from the relative industry supply of available rooms at comparable lodging facilities in our markets; (6) the effects of competitive conditions in our markets; (7) our ability to identify properties to acquire, develop and/or manage and continuing availability of funds for such development; and (8) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States, the United States' responses thereto and subsequent hostilities. 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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