Warner Bros Pictures' Two Spring IMAX Releases Earn Nearly $2 Million in

Combined Box Office Over Weekend

LOS ANGELES, March 21 /PRNewswire-FirstCall/ - IMAX Corporation and Warner Bros. Pictures today announced that V For Vendetta: The IMAX Experience debuted with impressive box office results and outstanding moviegoer response this past weekend. The digitally re-mastered IMAX DMR(R) release of V For Vendetta opened in 56 North American IMAX(R) theatres, grossing an estimated $1.36 million during the three-day period between March 17 and March 19 for a per screen average of $24,341.

As V For Vendetta opened, Deep Sea 3D: The IMAX Experience continued its strong box office performance, grossing $594,711 for the weekend domestically. In its first 17 days in IMAX theatres, the film has now grossed approximately $2.67 million on 44 screens. The two films earned a combined box office total of $1.96 million during the three day weekend, demonstrating a strong start to a robust 2006 IMAX film slate for Warner Bros. Pictures.

"We are very pleased with the results from the opening weekend," said Dan Fellman, President of Domestic Distribution at Warner Bros. Pictures. "Given the overwhelmingly positive audience response to The IMAX Experience(R), we look forward to strong results for weeks to come. V For Vendetta and Deep Sea 3D are a great one-two IMAX punch for moviegoers this spring."

"The strong opening weekend performance of V For Vendetta: The IMAX Experience is a testament to a fantastic film ideally suited to IMAX's format, and the outstanding job Warner Bros. Pictures has done marketing and distributing it," said IMAX Co-Chairmen and Co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "We are encouraged by the strong word of mouth coming out of the first weekend, leading us to believe this film will continue to be a significant draw for the IMAX theatre network during the weeks ahead."

"Warner Bros. Pictures has yet again delivered another fantastic event film to IMAX theatres," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "We are very pleased that moviegoers are choosing to experience the incredible vision of Joel Silver, James McTeigue and the Wachowski Brothers in IMAX's immersive format. The tremendous audience response - especially among 15-24 year old males - is further proof of the growing consumer demand to experience event motion pictures in a unique and premium way that cannot be replicated at home."

Set against the futuristic landscape of totalitarian Britain, V For Vendetta tells the story of a mild-mannered young woman named Evey (Natalie Portman) who is rescued from a life-and-death situation by a masked vigilante known only as "V." Incomparably charismatic and ferociously skilled in the art of combat and deception, V ignites a revolution when he urges his fellow citizens to rise up against tyranny and oppression. As Evey uncovers the truth about V's mysterious background, she also discovers the truth about herself - and emerges as his unlikely ally in the culmination of his plan to bring freedom and justice back to a society fraught with cruelty and corruption.

Warner Bros. Pictures Presents, In Association With Virtual Studios, A Silver Pictures Production In Association With Anarchos Productions Inc., NATALIE PORTMAN In V For Vendetta, Starring HUGO WEAVING, STEPHEN REA And JOHN HURT. Directed By JAMES McTeigue, The Film Is Produced By JOEL SILVER, GRANT HILL, ANDY WACHOWSKI And LARRY WACHOWSKI From A Screenplay By THE WACHOWSKI BROTHERS, Based On The Graphic Novel Illustrated By DAVID LLOYD And Published By VERTIGO/DC COMICS. The Executive Producer Is BENJAMIN WAISBREN. The Director Of Photography Is ADRIAN BIDDLE, B.S.C.; The Production Designer Is OWEN PATERSON; The Editor Is MARTIN WALSH, A.C.E.; And The Music Is Composed By DARIO MARIANELLI. V For Vendetta Is A United Kingdom-Germany Co-Production. V For Vendetta Is Distributed By Warner Bros. Pictures, A Warner Bros. Entertainment Company.

About IMAX Corporation

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Founded in 1967, IMAX Corporation is one of the world's leading entertainment technology companies and the newest distribution window for Hollywood films. IMAX delivers the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR technology. IMAX DMR (Digital Re-mastering) makes it possible for virtually any 35mm film to be transformed into the unparalleled image and sound quality of The IMAX Experience. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences. As of December 31, 2005, there were 266 IMAX theatres operating in 38 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(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 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 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, 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, 2005.

CONTACT: Media: IMAX Corporation, New York, Sarah Gormley, (212) 821-0155, sgormley@imax.com; Warner Bros. Pictures, Los Angeles, Stacy Ivers, (818) 954-6228, stacy.ivers@warnerbros.com; Business Media: Sloane & Company, New York, Whit Clay, (212) 446-1864, wclay@sloanepr.com; Investors: Integrated Corporate Relations, Amanda Mullin, (203) 682-8243; Entertainment Media: Newman & Company, Los Angeles, Al Newman, (310) 278-1560, asn@newman-co.com/