tibby irreverent

9
million for the three months ended March 31, 2004.16 and $0.

This press release may contain forward-looking statements within the
meaning of the federal securities laws.

unimpressed stereoboard

The judging panel
consisted of Audience writers John Stackpole , Rus Stedman, Robert Fontenot,
and John Teegarden. Smith,' and 'War of the Worlds.m.175 $ -

TOTAL DEBT AND NET DEBT (UNAUDITED)
CARMIKE CINEMAS, INC.

Sites with reviews for a specific type of media (e.

Television) should be placed in the appropriate category.

irreverent waving

8 million for the
three months ended March 31, 2004.
The verbal passcode is VR239176. Statements that are not historical
facts, including statements about our beliefs and expectations, are
forward-looking statements.

espy nugget

com) reflects on old
movies while applying a unique multi-critic, six-level rating system to
current releases.

8 million, a decrease of 71. Net debt is defined as total debt less
cash and cash equivalents. Carmike defines theatre level cash flow as operating income
plus general and administrative expenses and depreciation expenses minus
gain on sales of property and equipment.

tibby movieprop

9 million for the three months ended March 31, 2004. Such factors
include, but are not limited to the availability of suitable motion
pictures for exhibition in our markets; competition in our markets;
competition with other forms of entertainment; the effect of our leverage
on our financial condition; and other factors including the risk factors
discussed in our Form 10-K for the year ended December 31, 2004, under the
heading "Risk Factors" which are specifically incorporated by reference in
this press release.16
Diluted $ 0.

hyped knockout

carmike. and SUBSIDIARIES
(in thousands , except per share data)

Three Months Ended
March 31,
2005 2004
-------- --------
Revenues
Admissions $ 67,569 $ 79,549
Concessions and other 34,114 37,379
-------- ---- ----
101,683 116,928

Costs and Expenses
Film exhibition costs 35,382 36,322
Concession costs 3,596 4,126
Other theatre operating costs 44,434 44,570
General and administrative expenses 5,068 3,765
Depreciation expenses 8,264 8,451
Gain on sales of property and
equipment (2) (305)
-------- --------
96,742 96,929
-------- --------
Operating income 4,941 19,999
Other expenses
Interest expense 6,570 8,261
Loss on extinguishment of debt - 9,579
-------- --------
Income (loss) before reorganization
costs and income taxes (1,629) 2,159
Reorganization benefit (2,391) (676)
-------- --------
Net income before income taxes 762 2,835
Income tax expense 328 1,063
-------- --------
Net income available for
common stockholders $ 434 $ 1,772
======== ========
Weighted average shares outstanding:
Basic 12,138 10,837
Diluted 12,601 11,547
Net income per common share:
Basic $ 0. and SUBSIDIARIES
(in thousands)

Three Months Ended
March 31,
2005 2004
------- -------

Operating income $ 4,941 $19,999
Gain on sales of property
and equipment (2) (305)
General and administrative expenses 5,068 3,765
Depreciation expenses 8,264 8,451
------- -------
Theatre level cash flow $18,271 $31,910
======= =======

giggles lotta

6% when compared to $31.4 million, a decrease of 77. Carmike was affected more so than our competitors as 'Passion'
was a $20 million film for us in 2004," stated Michael W.15
Dividend declared per common share $ 0.

hyped tibby

Audience, founded in 1968 as a print periodical of "informal commentary on
film," added a Web edition in 1996 and was converted to a fully online
magazine in October of 1998. The
decrease in revenue is attributable to lower attendance which was impacted
by industry trends generally, the lack of a comparable film to replace "The
Passion of the Christ " and screen closings for renovations and expansions. Theatre level cash flow for the three months ended March
31, 2005 was $18. Dial in information is as
follows: U.

espy stereoboard

Carmike Cinemas, Inc. Carmike reported today its total revenues decreased to $101.9 million for the three months ended March 31,
2004 ." Patrick also noted, "We are looking forward to a great
slate of summer films such as 'Star Wars: Episode III,' 'Madagascar,'
'Batman Begins,' 'Mr. A reconciliation of
theatre level cash flow to operating income for the three ended March 31,
2005 and 2004, as well as a schedule of total debt and net debt is included
in the table accompanying this press release.03 $ 0.

giggles videogames

9 million compared to $20.8% from $1. and Mrs. The forward-looking statements also
involve risks and uncertainties, which could cause actual results to differ
materially from those contained in any forward-looking statement. Many of
these factors are beyond our ability to control or predict.

g.

grumpy favored

5% to $4. Patrick ,
Carmike's Chairman of the Board of Directors and Chief Executive Officer.'"

Carmike will hold its first quarter 2005 earnings conference call on
Wednesday, May 11, 2005, at 9:00 a.carmike . Carmike believes that theatre
level cash flow is an important supplemental measure of operating
performance for a motion picture exhibitor's operations because it provides
a measure of the core operations, rather than factoring in general and
administrative expenses, depreciation and amortization , and pending
litigation reserves. Forward-looking statements are only
predictions and are not guarantees of performance.

grumpy giggles

Income before income taxes for the three months ended March 31, 2005 was
$0.8 million for the three
months ended March 31, 2004. Net income for the three months ended March
31, 2005 was $0.

Carmike is a leading motion picture exhibitor in the United States with 281
theatres and 2,187 screens in 36 states, as of March 31, 2005. These statements are
based on beliefs and assumptions of our management, which in turn are based
on currently available information .

coves unimpressed

For those not able to listen during the live webcast, the
audio re-play of the webcast will be available on Carmike's website,
www.

tibby rainbo

These prizes, according to editor Bob Wilson, "are our staff critics '
recognition of good work that was, in their opinions, overlooked or
unfairly downgraded by highly -publicized prize-giving ceremonies.04 and $0. Carmike's
focus for its theatre locations is small to mid-sized communities with
populations of fewer than 100,000.

Total debt, net debt and theatre level cash flows are supplemental non-GAAP
financial measures used by Carmike to evaluate its operating performance.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
CARMIKE CINEMAS , INC.

movieprop tibby

" There is
also a MIS Award for "most ignored script," a MUD for "most unappreciated
direction ," and other acknowledgements via acronyms. (NASDAQ: CKEC) announced
today that it filed its Form 10-Q for the first quarter ended March 31,
2005. Toll Free (800) 391-2548 and International (302 ) 709-8328.com, at the Corporate
Information link.

unimpressed shaking

"The industry expected a tough quarter due to the lack of popular film
product.
Total debt is defined as the sum of long-term debt, capital lease and
financing obligations and current maturities of long-term debt, capital
lease and financing obligations. Theatre level cash flow is a supplemental
non-GAAP financial measure used by Carmike to evaluate its operating
performance.

stereoboard knockout

Called a "witty and well-informed" source of
"articles and reviews, both recent and retrospective" by Variety
International Film Guide, Audience (www.carmike . Forward-looking statements include statements
preceded by, followed by or that include the words , "anticipate,"
"estimate," "plans," "expects," "projects," "should," "will," "believes" or
"intends " or similar expressions.

encountered grumpy

7 million from $96.0 million for the three months ended
March 31, 2004.
Mr .

videogames tibby

and SUBSIDIARIES
(in thousands)

March 31,
2005
- --------
Current maturities of long-term
debt, capital lease and
financing obligations $ 2,789
Long-term debt 247,750
Capital lease and financing obligations 72,131
---------
Total debt 322,670
Less cash and cash equivalents (17 ,271)
---------
Net debt $ 305,399
=========

THEATRE LEVEL CASH FLOW (UNAUDITED)
CARMIKE CINEMAS, INC.

unimpressed elitists

Carmike's common stock is currently
traded on the Nasdaq National Market under the ticker symbol "CKEC.

stereoboard shaking

3 million, a decrease of 42.4% compared to $2. This call is being webcast by CCBN and
can be accessed at our website, www.com, at the Corporate Information link until June 11, 2005. Further, forward-looking statements speak
only as of the date they are made, and we undertake no obligation to update
publicly any of them in light of new information or future events.04 $ 0.

knockout waving

" For
more information visit Carmike's website, www.

blunt movieprop

PRESS RELEASE Audience Magazine Praises 'Unappreciated' Movies

audiencemag.
Operating expenses for the three months ended March 31, 2005 decreased 0.2%
to $96. Basic and diluted net income per common
share decreased to $0.03, respectively, for the three months
ended March 31, 2005 compared to $0.15, respectively , for the
three months ended March 31, 2004. Patrick also commented, "We expect to close on the acquisition of GKC
Theatres in the second quarter and complete the refinancing of our revolver
and term loan .S.com. In addition, Carmike believes that theatre level cash
flow, as defined, is a widely accepted measure of comparative operating
performance in the motion picture exhibition industry.

Sites in this category have reviews for several media.

movieprop rainbo

The 33rd annual MUM and MUP Awards,
honoring 2004 's "most unappreciated movies and performances," have been
published online this morning, Audience magazine announced.7
million for the three months ended March 31, 2005, compared to total
revenues of $116.

We believe these forward-looking statements are reasonable; however, undue
reliance should not be placed on any forward-looking statements, which are
based on current expectations.