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# 1939 Baird

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New York—Jun 24, 2013

IMAX® and Cineworld Group Expand Existing Agreement to Add Three New Theatres Across the UK

IMAX Corporation (NYSE: IMAX; TSX: IMX) and Cineworld Group PLC, the UK's number one cinema chain, today announced an expansion of the companies' revenue sharing agreement with the addition of three IMAX® theatre systems to be located in new construction projects including Telford and Broughton (near Chester). The deal will bring Cineworld's total IMAX footprint to 11 theatres.

"IMAX continues to be a key competitive offering in our portfolio, providing a blockbuster film slate in the most immersive format - something that our customers love and for which they are willing to pay a premium," said Crispin Lilly, Vice President of Business Affairs, Cineworld Group PLC. " As a result, IMAX will continue to play an important role in our UK expansion strategy and serve as an anchor attraction in many of our new locations. We are delighted to build on our successful partnership and look forward to adding more IMAX theatres to our circuit."

"Cineworld is a valued partner and a true champion of the IMAX brand in the UK.  Not only have they opened eight IMAX theatres in the span of 12 months, we've seen strong performances across these sites - including the Cineworld Sheffield IMAX theatre, which was ranked as the highest-grossing new IMAX site globally in 2012," said Andrew Cripps, President, IMAX EMEA. "We are pleased with the expansion of such a key strategic partnership, which underscores the increasing demand we continue to see for IMAX in Europe."

About Cineworld: Cineworld Group was founded in 1995 with its roots going back to 1930 through the combination with Cinema City in 2014. In December 2017, Cineworld acquired US cinema chain Regal Entertainment Group. Following completion of the deal in February 2018, the enlarged Group became the second largest cinema chain in the world, with 9,538 screens across the US and Europe. Cineworld is operating cinemas today in ten countries:  the US, the UK, Ireland, Poland, Romania, Israel, Hungary, Czech, Bulgaria and Slovakia, covering a market of approximately 500 million people. The acquisition of Regal provides Cineworld with a major presence in the US cinema market, the largest box office market in the world. Cineworld’s primary brands are Regal (in the US), Cineworld and Picturehouse (in the UK & Ireland), Cinema City (throughout Europe) and Yes Planet (throughout Israel).
 
We believe that the size, reach and quality of Cineworld’s theatre circuit provides its patrons with a convenient and enjoyable movie-going experience. We are committed to being ‘The Best Place to Watch a Movie!’ More information can be found at www.cineworld.com.
Cineworld 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 additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2017, there were 1,302 IMAX theatres (1,203 commercial multiplexes, 11 commercial destinations and 86 institutions) in 75 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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