July 23, 1998 12:00 AM

Two horror films — one a re-released classic and the other a teen slasher sequel — were the biggest draws at the movie box office this weekend. In its opening weekend debut, “Urban Legends: Final Cut” earned nearly $9 million while “The Exorcist,” which was originally released in 1973, followed. Cameron Crowe’s critically acclaimed “Almost Famous,” a semi-autobiographical film about his teen years on the road with a rock band, made an impressive showing in its second week of limited release. The top 10, based on industry estimates:

1. “Urban Legends: Final Cut,” $8.8 million

2. “The Exorcist,” $8.5 million

3. “Almost Famous,” $7 million

4. “Bring It On,” $4.2 million

5. “The Watcher,” $3.6 million

6. “Bait,” $3.4 million

7. “Nurse Betty,” $3.3 million

8. “Space Cowboys,” $2.2 million

8. “What Lies Beneath,” $2.2 million

10. “Woman on Top,” $1.9 million.

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