FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ X ] Form 4 Transactions Reported 		UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

COTTER JAMES J

2. Issuer Name and Ticker or Trading Symbol

READING INTERNATIONAL INC [RDI]

5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer

(Last)          (First)          (Middle)

500 CITADEL DRIVE,  SUITE 300

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2008 
(Street)

COMMERCE, CA 90040

(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person


Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Class A Nonvoting Common Stock   12/31/2008     A4   15133   A $0   2346180   (1) I   James J. Cotter Living Trust  
Class A Nonvoting Common Stock   12/31/2008     A4   17518   A $0   2346180   (1) I   James J. Cotter Living Trust  
Class A Nonvoting Common Stock   12/31/2008     A4   66050   A $0   2346180   (1) I   James J. Cotter Living Trust  
Class A Nonvoting Common Stock                 768076   (2) I   Hecco Ventures I  
Class A Nonvoting Common Stock                 29730   I   Profit Sharing Plan  
Class A Nonvoting Common Stock                 10000   I   Cotter Enterprises, LLC  
Class A Nonvoting Common Stock   6/24/2008     J4   (3) 16272   D $9.60   0   I   Hecco Ventures II  
Class A Nonvoting Common Stock   6/24/2008     J4   (3) 781434   D $0   0   I   Hecco Ventures II  

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Reflects gift of 3,024 shares on January 6, 2009.
( 2)  Mr. Cotter holds a 40% interest in James J. Cotter Ltd, which holds a 20% interest in Hecco Ventures I ("Hecco I"). Hecco I owns 768,076 shares of Reading International, Inc. class A nonvoting common stock.
( 3)  On June 24, 2008, Hecco Ventures II ("Hecco II") liquidated. In connection with that liquidation, (i) 797,706 shares of Reading International, Inc. class A common stock were transferred to the partners of Hecco II, and in one case, to an affiliate of two of the partners (Cinerama, Inc. and Michael Forman) and (ii) the capital account of James J. Cotter Ltd ("JJC Ltd") (a partnership in which Mr. Cotter holds a 40% interest) received a book profits allocation of $110,234 to partially restore its negative capital account. The remaining partnership interests in JJC Ltd are held by Mr. Cotter's adult children, Ellen Cotter, Margaret Cotter, and James J. Cotter, Jr.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
COTTER JAMES J
500 CITADEL DRIVE
SUITE 300
COMMERCE, CA 90040 		X X Chief Executive Officer

Signatures
/s/ James J. Cotter 2/17/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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