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# 1939 Baird

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New Delhi—Apr 19, 2018

Record IMAX Signings in India Continue as Inox Leisure Ltd. Adds Five New IMAX ® Theatres to Circuit

IMAX Corporation (NYSE: IMAX) and INOX Leisure Limited (INOX), a world-class multiplex chain in India, announced an agreement for five new IMAX® theatres. The theatres will be added to new complexes, with two located in the city of Delhi and one theatre each located in the cities of Mumbai, Navi Mumbai and Gurugram. The deal, which IMAX announced concurrently with another four-theatre India agreement this morning, brings IMAX’s total number of contracted theatres in India to 40, with 15 currently open and 25 contracted to open.

“We are very encouraged by the rapid pace of our expansion in India, where we’ve nearly doubled our contracted network in the last year,” said IMAX CEO Richard L. Gelfond. “We’re seeing an evolution in the world’s third-largest box office market towards more premium, event-driven cinema, and believe IMAX is ideally positioned to work together with world-class theatre chain, INOX, who shares our commitment to quality and innovation, to usher in differentiated cinema experiences across their flagship locations in India.”

INOX Leisure Ltd. CEO Alok Tandon said, “INOX stands for the best in luxury, comfort and technology. We have always believed in giving a 7-star movie viewing experience to our patrons and there is not a better experience than IMAX. We receive phenomenal responses from our patrons for the IMAX screens we already have. We are delighted to strengthen this and further expand our footprint of IMAX screens with this latest deal and strongly believe that this association will only grow.”

Inclusive of today’s agreement, INOX has contracted for a total of 10 IMAX theatres, with two open and eight scheduled to open. INOX currently has an IMAX theatre open in Mumbai and another in Bangalore, both of which opened in 2017. With this deal, INOX will add new IMAX theatres to some of India’s most prominent commercial developments, including a standalone IMAX theatre at the iconic Paras Theatre location in the heart of South Delhi and a theatre at the Reliance Convention Centre and Retail in Bandra Kurla Complex - Mumbai’s prestigious business district.

About INOX Leisure Ltd.
INOX Leisure Limited (INOX) is amongst India’s largest multiplex chains with 123 multiplexes and 492 screens in 61 cities. For easy and convenient ticket booking, INOX offers online booking on www.inoxmovies.com and through its smart phone applications across Android and Apple platforms.

For movie updates and various offers, one can follow us on:
Facebook (www.facebook.com/INOXLEISURE) 
Twitter (www.twitter.com/INOXLEISURE
Instagram (www.instagram/inoxmovies)

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 About INOX Leisure Ltd.: INOX Leisure Limited (INOX) is amongst India’s largest multiplex chains with 123 multiplexes and 492 screens in 61 cities. INOX has redefined movie experiences in India making it truly 7-star. Each INOX property is unique with its own distinct architecture and aesthetics. INOX boasts of bringing the very latest in projection and audio technology, plush micro adjustable leather recliners with a butler on call facility, gourmet meal choices by celebrity chef, designer staff uniforms and many more. For easy and convenient ticket booking, INOX offers online booking on www.inoxmovies.com and through its smart phone applications across Android and Apple platforms. INOX Leisure Ltd. Directory page

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