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# 1936 Scophony

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New York—Apr 3, 2014

IMAX Expands Partnership By 11 Theatres with Cineworld Group PLC

Cineworld Group Becomes IMAX's Largest Partner in Europe
IMAX Corporation (NYSE: IMAX; TSX: IMX) today announced an expansion of its partnership with Cineworld Group PLC (the "Group") for an additional 11 IMAX® theatres. Under the terms of the agreement, the Group will add eight new IMAX® theatres to be installed in existing and new Cineworld multiplexes in the UK and will add three IMAX theatres to its Cinema City circuit in Central Europe and Israel.

Cineworld Group PLC operates under the brands of Cineworld, Picturehouse, Cinema City, and Yes Planet. The combination of Cineworld and Cinema City International was completed in February 2014. The resulting Group is now the second-largest cinema chain in Europe. With a total of 35 IMAX theatres following this agreement, the Group will become IMAX's largest partner in Europe.

"Today's announcement further demonstrates our momentum in Europe, where business activity has picked up dramatically in the last few years," said IMAX CEO Richard L. Gelfond. "This agreement is particularly gratifying as we have been in business with members of the management team for 20 years."

"We put our customers at the heart of everything we do and our IMAX expansion is a direct result of giving our customers more of what they want - the biggest blockbusters in the world's most immersive format," said Mooky Greidinger, CEO of Cineworld Group PLC. "As we enter a new chapter of our evolution, we are excited to grow our partnership with IMAX and continue to leverage the power of The IMAX Experience® as the premium offering in our combined portfolio and a key differentiator that will help us seize the growth opportunities that we see throughout Europe."

"We look forward to building on our successful partnerships with Cineworld and Cinema City - both of which are world-class exhibitors and tremendous IMAX brand advocates," said Andrew Cripps, President, IMAX EMEA. "We believe that the collective strengths from their combination, which has formed our largest exhibitor partner in Europe, will further support our continued expansion efforts."

Since January 2012, IMAX has signed 66 theatre agreements in Europe. 



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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