Climax Features Expanded Aspect Ratio Designed to Maximize the IMAX Canvas

Los Angeles, CA – August 22, 2012 – IMAX Corporation (NYSE:IMAX; TSX:IMX) and Columbia Pictures today announced that the highly anticipated 3D action-adventure, The Amazing Spider-Man™, will be released in the immersive IMAX^® 3D format across 74 IMAX^® theatres in China on Monday, August 27. To date, The Amazing Spider-Man™ has taken in nearly $700 million worldwide. Spider-Man 2 and Spider-Man 3 were also released in IMAX.

Director Marc Webb and the filmmakers have crafted the climactic finale of The Amazing Spider-Man to feature a larger aspect ratio of 1.9:1 versus the traditional 2.39:1 ratio in order to take full advantage of the IMAX canvas and overall experience. This aspect ratio, which is optimized to take advantage of the IMAX screen, will allow audiences to see more of the image and result in a full panorama of the action – allowing audiences to feel as if they were swinging alongside Spider-Man.

The IMAX release of The Amazing Spider-Man has been digitally re-mastered into the image and sound quality of An IMAX 3D Experience^® with proprietary IMAX DMR^® (Digital Re-mastering) technology. The crystal-clear images coupled with IMAX’s customized theatre geometry and powerful digital audio create a unique environment that will make audiences feel as if they are in the movie. The film will also be released in 2D and other 3D formats.

About The Amazing Spider-Man™

One of the world’s most popular characters is back on the big screen as a new chapter in the Spider-Man legacy is revealed in The Amazing Spider-Man™. Focusing on an untold story that tells a different side of the Peter Parker story, the new film stars Andrew Garfield, Emma Stone, Rhys Ifans, Denis Leary, Campbell Scott, Irrfan Khan, with Martin Sheen and Sally Field. The film is directed by Marc Webb from a screenplay written by James Vanderbilt and Alvin Sargent and Steve Kloves from a story by James Vanderbilt, based on the Marvel Comic Book by Stan Lee and Steve Ditko. Laura Ziskin, Avi Arad, and Matt Tolmach are producing the 3D film in association with Marvel Entertainment for Columbia Pictures.

The Amazing Spider-Man is the story of Peter Parker (Garfield), an outcast high schooler who was abandoned by his parents as a boy, leaving him to be raised by his Uncle Ben (Sheen) and Aunt May (Field). Like most teenagers, Peter is trying to figure out who he is and how he got to be the person he is today. Peter is also finding his way with his first high school crush, Gwen Stacy (Stone), and together, they struggle with love, commitment, and secrets. As Peter discovers a mysterious briefcase that belonged to his father, he begins a quest to understand his parents’ disappearance – leading him directly to Oscorp and the lab of Dr. Curt Connors (Ifans), his father’s former partner. As Spider-Man is set on a collision course with Connors’ alter-ego, The Lizard, Peter will make life-altering choices to use his powers and shape his destiny to become a hero.

www.theamazingspiderman.com

The Amazing Spider-Man: An IMAX 3D Experience is scheduled to play day-and-date at the following IMAX theatres in China beginning August 27:

Baotou

Baotou Qingshan Wanda

Beijing

Beijing CBD Wanda Cinema

Beijing Shijingshan Wanda Cinema

Beijing Huaxing UME Cinema

Beijing Tiantongyuan Wanda Cinema

Changchun

Changchun Chongqing Road Wanda

Changchun Ouya Wanda Cinema

Changchun Hongqi Road Wanda

Changsha

Changsha Wanda Cinema

Changzhou

Changzhou Xinbei Wanda

Chengdu

Chengdu Jinhua Wanda

Chengqing

ChongQing Jinyi Starlight Cinema

Chongqing Lumiere Cinema

Dalian

Dalian Huafu Wanda

Daqing

Daqing Saertu Wanda

Fuzhou

Fuzhou Cangshan Wanda

Fuzhou Financial Street Wanda Cinema

Fuzhou Jinyi Baolong Cinema

Guangzhou

Guangzhou Wanda Cinema

Hangzhou

Hangzhou Broadway Cinema

Zhejiang Xinyuan Cinema (Hangzhou Cinyo )

Harbin

Harbin Central Avenue Wanda

Harbin Hengshan Wanda

Hefei

Hefei Wanda Cinema

Hefei Wanda Swan Lake Cinema

Huai‘an

Huai'an Wanda

Hohhot

Hohhot Wanda

Jinan

Jinan Wanda Cinema

Jinjiang

Jinjiang Wanda Cinema

Kunming

Kunming Broadway Cinema

Langfang

Langfang Wanda

Luoyang

Luoyang Wanda Cinema

Nanchang

Nanchang Bayi Wanda

Nanchang Wanda Honggutan Cinema

Nanjing

Nanjing Hexi Wanda Cinema

Ningbo

Ningbo Jiangbei Wanda Cinema

Ningbo Yinzhou Wanda Cinema

Ningde

Ningde Wanda Cinema

Qingdao

Qingdao Wanda Cinema(Yanji Road Branch)

Sanya

Sanya Haitang Bay Wanda

Shanghai

Shanghai Jiangqiao Wanda Cinema

Shanghai Peace Cinema

Shanghai Super Brand Mall Stellar

Shanghai Wujiaochang Wanda

Shanghai Zhoupu Wanda

Shanghai Baoshan Wanda Cinema

Shaoxing

Shaoxing Keqiao Wanda

Shenyang

Shenyang Tiexi Wanda

Shenyang Jinyi Cloud Nine Cinema

Shenyang Wanda Beiyi Road Cinema

Shenzhen

China Film Shenzhen OCTBAY

Shenzhen UA KK Mall Cinema

Shijiazhuang

Shijiazhuang Yuhua Wanda

Suzhou

Suzhou Blue Ocean Cineplex

Suzhou Jinyi Yixiang Cinema

Suzhou Pingjiang Wanda

Suzhou Culture & Art Centre

Taizhou

Taizhou Wanda

Tangshan

Tangshan Wanda

Tianjin

Tianjin China Film Cinema

Tianjin CGV Xingxing Cinema

Tianjin Hedong Wanda

Tianjin Jinyi Aocheng Cinema

Wuhan

Wuhan Jingkai Wanda

Wuhan Studio City Cinema

Wuxi

Wuxi Big World Cinema

Xiamen

Xiemen Huli Wanda Cinema

Xi’an

Xi'an Da Ming Palace

Xi'an Jiefang Road Wanda

Xiangyang

Xiangyang Wanda

Yichang

Yichang Wanda

Yinchuan

Yinchuan Jinfeng Wanda

Zhenjiang

Zhenjiang Wanda Cinema

Zhengzhou

Zhengzhou Zhongyuan Wanda

Please check local listings or IMAX.com for final theatre listings, launch dates and showtimes.

About IMAX China

IMAX China is a wholly-owned subsidiary of IMAX Corporation, and is formed under the laws of the People's Republic of China. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China.

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment and technology companies, specializing in the creation and delivery of premium, awe-inspiring entertainment experiences. With a growing suite of cutting-edge motion picture and sound technologies, and a globally recognized entertainment brand, IMAX is singularly situated at the convergence of the entertainment industry, innovation and the digital media world. The industry's top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and as such, the IMAX network is among the most important and successful theatrical distribution platforms for major event films around the globe. The Company's new digital projection and sound systems - combined with a growing blockbuster film slate - are fueling the rapid expansion of the IMAX network in established markets such as North America, Western Europe, and Japan, as well as emerging markets such as China and Russia. IMAX deliver the world's best cinematic presentations using proprietary IMAX^®, IMAX^®3D, and IMAX DMR^® (Digital Re-Mastering) technologies. IMAX DMR enables virtually any motion picture to be transformed into the unparalleled image and sound quality of The IMAX Experience^®.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of June 30, 2012, there were 663 IMAX theatres (529 commercial multiplex, 20 commercial destination and 114 institutional) in 52 countries.

IMAX^®, IMAX^® 3D, IMAX DMR^®, Experience It In IMAX^®, An IMAX 3D Experience^®, The IMAX Experience^® and IMAX Is Believing™ are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

###

This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Important factors that could affect these statements include, but are not limited to, general economic, market or business conditions, including the length and severity of the current economic downturn, the performance of IMAX DMR films, the opportunities that may be presented to and pursued by IMAX, competitive actions by other companies, conditions in the in-home and out-of home entertainment industries, the signing of theatre system agreements, changes in law or regulations, conditions, changes and developments in the commercial exhibition industry, the failure to respond to changes and advancements in digital technology, the failure to convert theatre system backlog into revenue, new business initiatives, investments and operations in foreign jurisdictions and any future international expansion, the inability to protect IMAX’s intellectual property foreign currency fluctuations and IMAX’s prior restatements and the related litigation. These factors and other risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

For additional information please contact:

Investors:

IMAX Corporation – New York

Teri Loxam

212-821-0110

tloxam@imax.com

Business Media:

IMAX Corporation – New York

Ann Sommerlath

212-821-0155

asommerlath@imax.com

Sloane & Company – New York