IMAX Continues to Rapidly Solidify 2006 Film Slate with Major Tentpole Titles

LOS ANGELES, Nov. 3 /PRNewswire-FirstCall/ - IMAX Corporation and Warner Bros. Pictures today announced that Superman Returns will be simultaneously released to both IMAX(R) and conventional theatres on June 30, 2006. The epic action-adventure is directed by Bryan Singer (X-Men, The Usual Suspects) and marks a soaring new chapter in the saga of one of the world's most beloved superheroes. The 35mm version of Superman Returns will be digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience(R) and Warner Bros. Pictures will be the exclusive distributor of the film to the growing worldwide IMAX theatre network.

"Superman Returns is going to be an epic adventure, and by also offering the film in IMAX's format, we're giving audiences a unique way to experience the return of the Man of Steel," said Dan Fellman, President of Domestic Distribution at Warner Bros. Pictures. "The IMAX theatre network is generating impressive box office returns for Warner Bros. Pictures, and we're excited to continue releasing more of our biggest films in IMAX's format."

"We specifically developed the IMAX DMR(R) conversion process so we'd be able to showcase tentpole pictures like Superman Returns on the IMAX canvas, and we're delighted to be working with our great partners Warner Bros. Pictures to bring this huge event film to IMAX theatres," said IMAX Co-Chairmen and Co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "IMAX is assembling a diverse and attractive collection of films for next year, which we believe will help drive further expansion of the IMAX theatre network and provide incentive for moviegoers to visit their local IMAX theatres again and again."

"Warner Bros. Pictures has a special expertise in developing groundbreaking tentpole films, and we're thrilled to partner with the studio again on a picture expected to be one of the biggest of 2006," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "Bryan Singer is a cutting edge filmmaker, and when moviegoers experience his unique vision of Superman in IMAX theatres, they're going to feel like they are flying right alongside the Man of Steel - an event not to be missed next summer."

Following a mysterious absence of several years, the Man of Steel comes back to Earth in the epic action-adventure Superman Returns, a soaring new chapter in the saga of one of the world's most beloved superheroes. While an old enemy plots to render him powerless once and for all, Superman faces the heartbreaking realization that the woman he loves, Lois Lane, has moved on with her life. Or has she? Superman's bittersweet return challenges him to bridge the distance between them while finding a place in a society that has learned to survive without him. In an attempt to protect the world he loves from cataclysmic destruction, Superman embarks on an epic journey of redemption that takes him from the depths of the ocean to the far reaches of outer space.

Warner Bros. Pictures presents Superman Returns, directed by Bryan Singer and starring Brandon Routh (Clark Kent/Superman), Kevin Spacey, Kate Bosworth, James Marsden, Hugh Laurie, Sam Huntington and Eva Marie Saint. Written by Dan Harris and Mike Dougherty. Produced by Gilbert Adler, Jon Peters and Bryan Singer; co-produced by Stephen Jones; and executive produced by Chris Lee. Superman Returns is based on the DC Comic Book Superman.

About IMAX Corporation

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Founded in 1967, IMAX Corporation (NASDAQ: IMAX; TSX: IMAX) is the newest distribution platform for Hollywood content and one of the world's leading entertainment technology companies. 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 September 30, 2005, there were 261 IMAX theatres operating in more than 38 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(R), The IMAX Experience(R) and An IMAX 3D Experience 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, 2004 and in the subsequent reports filed by the Company with the Securities and Exchange Commission.

SOURCE IMAX Corporation; Warner Bros. Pictures

CONTACT: Media: IMAX Corporation, New York, Romi Schutzer, (212) 821-0144, rschutzer@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; Analysts: IMAX Corporation, New York, Cheryl Cramer, (212) 821-0121, ccramer@imax.com; Entertainment Media: Newman & Company, Los Angeles, Al Newman, (310) 278-1560, asn@newman-co.com