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# 1962 Eidophor

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New York, NY—May 29, 2012

IMAX Expands Revenue Sharing Agreement with Cineworld Group for Up to Five New Theatres in the UK

Expansion follows Success of Cineworld's Existing IMAX Locations
IMAX Corporation (NYSE: IMAX; TSX: IMX) and Cineworld Group PLC, the UK's largest cinema chain, today announced an expansion of the companies' revenue sharing agreement with the addition of up to five new IMAX® theatre systems. Under the terms of the new agreement, three IMAX theatres will be installed into existing Cineworld multiplexes with an option to increase that number to five. The first two theatres systems are scheduled to open in Enfield and Birmingham in October 2012, with the remaining system expected to open in Nottingham in the beginning of 2013.

After opening three IMAX theatres since December 2011 in Edinburgh, Crawley and Sheffield, Cineworld is increasing its total IMAX commitment from three to six (the additional option taking the total to eight). The deal also brings the total number of IMAX theatres open or contracted to open in the UK to 22 (24 including the option), 19 of which are currently open.

"The response from our customers to our recently opened IMAX theatres has been overwhelmingly positive, and today's agreement is a direct result of our success to date," said Crispin Lilly, Vice President of Business Affairs, Cineworld Group PLC.  "IMAX is a key differentiator for our multiplexes and we're delighted to bring the unique, premium, immersive cinematic experience that only IMAX delivers to a wider audience across the UK."

"It's great to see that in such a short time Cineworld is already seeing results with IMAX and adding more theatres to its circuit, which points to a growing momentum for IMAX in EMEA," said IMAX CEO, Richard L. Gelfond. "As one of the region's leading exhibitors, Cineworld is an excellent partner to help us fully maximize our opportunities in the key UK market."

IMAX's digital theatre system delivers The IMAX Experience® and helps drive profitability for studios, exhibitors and IMAX theatres by eliminating the need for film prints, increasing program flexibility and ultimately increasing the number of movies shown on IMAX screens. The system can run both IMAX and IMAX ® 3D presentations.
About Cineworld / Cinema City:
About Cineworld / Cinema City
Cineworld Group plc was founded in 1995 and is now one of the leading cinema groups in Europe. Originally a private company, it re-registered as a public company in May 2006 and listed on the London Stock Exchange in May 2007. Currently, Cineworld Group plc is the only quoted UK cinema business.

In December 2012, the Group acquired the Picturehouse chain of cinemas consisting of 21 cinemas, and in February 2014, the combination with Cinema City completed, creating the second largest cinema chain in Europe (by number of screens). The enlarged Group now has 218 sites and a total of more than 2,000 fully digital screens. Cineworld Group plc prides itself on outstanding picture quality and atmospheric surround sound; the soft, deep-down comfort of our modern seating; the crunch of its popcorn; and, most importantly, the friendliest customer service around. All its sites are digital, and it is one of the market leaders in 3D, a format which will become increasingly important.

In 2015, Cineworld accounted for 93 million admissions, had revenues of £705.8 million and an Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) before exceptional items of £155.3 million.
Cineworld / Cinema City Directory page About IMAX Corporation: IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.  
 
IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing.  As of September 30, 2015, there were 1,008 IMAX theatres (887 commercial multiplexes, 19 commercial destinations and 102 institutions) in 66 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."
IMAX Corporation Directory page
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