DreamWorks Animation Delivers First of Five Movies Slated for IMAX

Release

LOS ANGELES, CA, June 5 /PRNewswire-FirstCall/ - IMAX Corporation (NASDAQ:IMAX; TSX:IMX) and DreamWorks Animation SKG, Inc. (NYSE:DWA) today announced that the studio's highly anticipated summer movie, Kung Fu Panda, starring Jack Black, Dustin Hoffman, Angelina Jolie, Ian McShane, Jackie Chan, Seth Rogan, Lucy Liu and David Cross will open in 89 IMAX(R) theatres domestically on June 6th in conjunction with the film's wide release. Kung Fu Panda is the first of five DreamWorks Animation films slated for release in IMAX theaters from June 2008 to May 2010.

The film will also open in 37 IMAX theatres internationally during the days and weeks following the domestic launch. Kung Fu Panda has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience(R) with IMAX DMR(R) technology.

"We believe Kung Fu Panda is well-suited for The IMAX Experience, which immerses moviegoers into the action on the big screen," said Jeffrey Katzenberg, CEO of DreamWorks Animation. "We always aim to deliver a premium entertainment experience to our audience and believe IMAX helps us to do that."

"Kung Fu Panda marks the beginning of an important new studio relationship for the IMAX theatre network, and it represents a whole new brand of movie for IMAX fans," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "This is a fantastic way to kick off our summer movie slate, and we are very excited to share this big summer film with DreamWorks Animation and our audiences worldwide."

About Kung Fu Panda

Enthusiastic, big and a little clumsy, Po is the biggest fan of kung fu around ... which doesn't exactly come in handy while working every day in his family's noodle shop. Unexpectedly chosen to fulfill an ancient prophecy, Po's dreams become reality when he joins the world of kung fu and studies alongside his idols, the legendary Furious Five-Tigress, Crane, Mantis, Viper and Monkey - under the leadership of their guru, Master Shifu. But before they know it, the vengeful and treacherous snow leopard Tai Lung is headed their way, and it's up to Po to defend everyone from the oncoming threat. Can he turn his dreams of becoming a kung fu master into reality? Po puts his heart -- and his girth -- into the task, and the unlikely hero ultimately finds that his greatest weaknesses turn out to be his greatest strengths.

Kung Fu Panda: The IMAX Experience is scheduled to play day-and-date at the following IMAX(R) Theatres beginning on June 6th.

    UNITED STATES

    Alabama
    Huntsville - Spacedome IMAX at U.S. Space and Rocket Center

    Arkansas
    Little Rock - Promenade at Chenal

    Arizona
    Mesa - Gateway 12 IMAX Theatre
    Phoenix - IMAX Theatre at AMC Deer Valley 30

    California
    Anaheim - Sanborn Anaheim Garden Walk IMAX
    Cathedral City - Desert IMAX Theatre
    Dublin - Regal Hacienda Crossings IMAX
    Fresno - Fresno Stadium Cinema & IMAX
    Irvine - Edwards Irvine Spectrum IMAX
    Los Angeles - Universal CityWalk IMAX Theatre
    Los Angeles - IMAX Theatre at The Bridge: cinema de lux
    Ontario - Edwards Ontario Palace IMAX
    San Diego - San Diego IMAX at Mira Mesa 18
    San Francisco - AMC Loews IMAX Theatre at Metreon

    Colorado
    Colorado Springs - Cinemark IMAX Theatre at Cinemark Carefree Circle
    Denver - UA Colorado Center IMAX

    Connecticut
    Manchester - IMAX Theatre at Showcase Cinemas Buckland Hills

    Florida
    Orlando - Pointe Orlando 20 & IMAX
    St. Petersburg - Muvico Baywalk 20 & IMAX
    Tampa - Channelside Cinemas IMAX
    West Palm Beach - Parisian 20 & IMAX

    Georgia
    Buford - Regal Mall of Georgia IMAX

    Idaho
    Boise - Edwards Boise Stadium IMAX

    Illinois
    Batavia - Randall 15 IMAX
    Chicago - Navy Pier IMAX Theatre
    Lincolnshire - Regal Lincolnshire IMAX
    Woodridge - Cinemark IMAX Theatre at Seven Bridges

    Indiana
    Evansville - Showplace Cinemas IMAX Theatre
    Indianapolis - ShowPlace 16 IMAX Theatre
    Noblesville - Hamilton Towne Center 16 + IMAX
    Portage - Portage 16 IMAX

    Iowa
    Council Bluffs - Star Cinemas Council Bluffs
    Des Moines - Science Center of Iowa & Blank IMAX Dome Theater

    Kansas
    Olathe - IMAX Theatre at AMC Studio 30

    Kentucky
    Louisville - Cinema De Lux 20: Stonybrook IMAX Theatre

    Louisiana
    Covington - Holiday Square IMAX Cinema

    Massachusetts
    Natick - Verizon IMAX 3D Theater at Jordan's Furniture - Natick
    Reading - Verizon IMAX 3D Theater at Jordan's Furniture - Reading

    Michigan
    Dearborn - The Henry Ford IMAX Theatre
    Grand Blanc - NGC Trillium IMAX Theatre
    Grand Rapids - IMAX Theatre at Celebration! Cinema
    Lansing - IMAX Theatre at Celebration! Cinema
    Sterling Heights - IMAX Theatre at AMC Forum 30
    Ypsilanti - Showcase Cinemas Ann Arbor

    Minnesota
    Apple Valley - Great Clips IMAX Theatre
    St. Michael - CineMagic Metropolitan IMAX Theatre

    Missouri
    St. Louis - Ronnies 20 Cine IMAX

    Nevada
    Las Vegas - Brenden Theatres and IMAX at the Palms Casino Resort
    Las Vegas - Red Rock Stadium 16 & IMAX

    New Hampshire
    Hooksett - Cinemagic IMAX Theatre

    New Jersey
    Atlantic City - IMAX Theatre at Tropicana Casino

    New York
    Garden City - Leroy R. and Rose W. Grumman IMAX Dome Theater
    New York City - AMC Loews IMAX Theatre, Lincoln Square
    New Rochelle - Regal New Roc City IMAX
    Rochester - Cinemark IMAX Theatre at Tinseltown USA
    West Nyack - IMAX Theatre at Palisades Center
    White Plains - IMAX Theatre at City Center: Cinema de lux
    Williamsville - Regal Transit Center IMAX

    North Carolina
    Raleigh - Wachovia IMAX Theatre at Marbles Kids Museum

    Ohio
    Cincinnati -Cinema De Lux 18: Springdale IMAX Theatre
    Columbus - IMAX Theatre at AMC Easton Town Center 30

    Oklahoma
    Tulsa - Cinemark IMAX Theatre at The Tulsa

    Oregon
    Tigard - Portland IMAX at Bridgeport Village Stadium 18

    Pennsylvania
    Harrisburg - Select Medical IMAX Theater at The Whitaker Center
    King of Prussia - UA King of Prussia IMAX
    Tarentum - Cinemark IMAX Theatre at the Galleria Pittsburgh Mills

    Rhode Island
    Providence - Feinstein IMAX Theatre Providence Place

    Tennessee
    Knoxville - Pinnacle 18 Complex at Turkey Creek
    Nashville - Regal Opry Mills IMAX

    Texas
    Dallas - Cinemark IMAX Theatre at Cinemark 17
    Houston - Edwards Marq(x)E IMAX
    Houston - Silverado Station 18 IMAX
    San Antonio - Palladium IMAX Theatre

    Utah
    Sandy - Megaplex 17 IMAX at Jordan Commons

    Virginia
    Chantilly - Steven F. Udvar-Hazy Center IMAX Theater
    Hampton - Riverside 3D IMAX Theater at the Virginia Air & Space Center
    Richmond - Science Museum of Virginia's Ethyl IMAX Dome and Planetarium

    Washington
    Seattle - Pacific Science Center Boeing IMAX Theater
    Spokane - Riverfront Park IMAX Theatre

    Wisconsin
    Fitchburg - Star Cinema IMAX

    CANADA

    Alberta
    Calgary - Scotiabank Theatre Chinook
    Edmonton - Scotiabank Theatre West Edmonton Mall

    British Columbia
    Langley - Cineplex IMAX Theatre, Colossus Langley
    Richmond - Cineplex IMAX Theatre, SilverCity Riverport

    Nova Scotia
    Halifax - The Empire IMAX in Bayers Lake

    Ontario
    Mississauga - Cineplex IMAX Theatre, Coliseum Mississauga
    Ottawa - Cineplex Entertainment IMAX Theatre, SilverCity Gloucester IMAX
    Theatre
    Toronto - Cineplex IMAX Theatre, Scotiabank Theatre Toronto
    Woodbridge - Cineplex Entertainment IMAX Theatre, Colossus Woodbridge

    Quebec
    Montreal - Cineplex Entertainment IMAX Theatre, Scotiabank Theatre
    Montreal

    INTERNATIONAL

    Australia
    Melbourne - IMAX Theatre, Melbourne Museum

    China
    Beijing - IMAX Theatre UME Beijing International
    Beijing - IMAX Theatre at the China National Film Museum
    Changchun - Changchun Wanda International Cinema
    Changsha - Changsha Wanda International Cinema
    Dongguan - Dongguan Wanda Theatre
    Shanghai - IMAX Theatre at Peace Cinema
    Suzhou - Suzhou Science and Cultural Arts Centre
    Wuhan - Wuhan Studio City IMAX Theatre Co., Ltd

    Ecuador
    Guayaquil - Fundacion Malecon 2000

    France
    Paris - Gaumont Disney Village IMAX

    Guatemala
    Guatemala City - Pradera Concepcion

    Hong Kong
    Kowloon - UA MegaBox IMAX Theatre

    Korea
    Daegu - CGV Daegu
    Incheon - CGV Incheon
    Seoul - CGV Yongsan

    Mexico
    Cuernavaca - Cinemex Diana
    Guadalajara - Cinepolis IMAX Theatre Galerias Guadalajara
    Mexico City - Cinepolis IMAX Theatre Perisur
    Mexico City - Cinepolis IMAX Theatre Universidad
    Monterrey - Cinepolis IMAX Theatre Valle Oriente
    Torreon - Cinemas Martinez IMAX

    Netherlands
    Amsterdam - Pathe Arena IMAX

    Philippines
    Manila - San Miguel Coca-Cola IMAX Theatre

    Russia
    Kazan - IMAX Theatre, Port Cinema
    St. Petersburg - Coca-Cola IMAX Kinostar City

    Spain
    Barakaldo - Yelmo Cines Megapark
    Malaga - Yelmo Cines Plaza Mayor
    Oviedo - Yelmo Cines Los Prados

    Taiwan
    Taipei - Samsung IMAX Miramar Cinemas

    Thailand
    Bangkok - KrungSri IMAX Siam Paragon

    UAE
    Dubai - Grand Megaplex 21 IMAX

    UK
    Birmingham - IMAX Theatre at Millennium Point
    Bradford - IMAX National Media Museum
    Glasgow - Glasgow Science Centre IMAX Cinema
    London - BFI London IMAX Cinema
    Manchester - ODEON IMAX Cinema Manchester @ The Printworks

    Additional theatres will be confirmed. Please check local listings or
    IMAX.com for final theatre listings, launch dates and showtimes.

    About IMAX Corporation

IMAX Corporation is one of the world's leading digital entertainment and technology companies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX(R) theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR technology. IMAX DMR is the Company's groundbreaking digital remastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX's renowned projectors and new digital systems display crystal-clear images on the world's biggest screens. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of March 31, 2008, there were 298 IMAX theatres operating in 40 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(R), IMAX(R) MPX(R), and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can be found at www.imax.com.

This press release contains forward looking statements that are based on 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 ongoing discussions with the SEC and OSC relating to their ongoing inquiries and the Company's accounting, the timing of theatre system deliveries, the mix of theatre systems shipped, the timing of the recognition of revenues and expenses on film production and distribution agreements, the performance of films, the viability of new businesses and products, risks arising from potential material weaknesses in internal control over financial reporting and fluctuations in foreign currency and in the large format and general commercial exhibition market. These factors and other risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as well as the Company's Quarterly Reports on Form 10-Q.

About DreamWorks Animation SKG

DreamWorks Animation is principally devoted to developing and producing computer generated, or CG, animated feature films. With world-class creative talent, a strong and experienced management team and advanced CG filmmaking technology and techniques, DreamWorks Animation makes high quality CG animated films meant for a broad movie-going audience. The Company has theatrically released a total of fifteen animated feature films, including Shrek, Shrek 2, Shark Tale, Madagascar, Over the Hedge, Shrek the Third and Bee Movie. DreamWorks Animation's 2008 feature film releases include Kung Fu Panda, in theaters on June 6 and Madagascar: Escape 2 Africa, in theaters on November 7. Monsters vs. Aliens, the Company's first film produced in 3D, is slated for a domestic release date of March 27, 2009.

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's plans, prospects, strategies, proposals and our beliefs and expectations concerning performance of our current and future releases and anticipated talent, directors and storyline for our upcoming films and other projects, constitute forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties include: audience acceptance of our films, our dependence on the success of a limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of motion pictures, the effect of rapid technological change or alternative forms of entertainment and our need to protect our proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and risks involved in the development and production of animated feature projects, the release dates for the projects described in this document may be delayed. For a further list and description of such risks and uncertainties, see the reports filed by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our most recent quarterly reports on Form 10-Q. DreamWorks Animation is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

SOURCE  IMAX Corporation
    -0-              06/05/2008
    /CONTACT: Media: IMAX Corporation, New York, Sarah Gormley, (212)
821-0155, sgormley@imax.com; DreamWorks Animation, Jeff Hare, (818) 695-6055,
jeff.hare@dreamworks.com; Entertainment Media: Newman & Company, Los Angeles,
Al Newman, (310) 278-1560, asn@newman-co.com; Investors: IMAX Corporation -
New York, Heather Anthony, (212) 821-0121,  hanthony@imax.com; DreamWorks
Animation, Rich Sullivan, (818) 695-3900, ir@dreamworksanimation.com; Business
Media: Sloane & Company, New York, Whit Clay, (212) 446-1864,
wclay@sloanepr.com/
    (IMX. IMAX DWA)

CO:  IMAX Corporation; DreamWorks Animation SKG, Inc.
ST:  California
IN:  ENT FLM
SU:  PDT

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