Warner Bros. Pictures' Holiday Films Drive Biggest Box Office Weekend Ever at IMAX(R) Theatres

Warner Bros. Pictures' Holiday Films Drive Biggest Box Office Weekend Ever at IMAX(R) Theatres

Digitally Re-mastered IMAX DMR(R) Version of Harry Potter and the Goblet of Fire Posts Biggest Opening Week for Hollywood Simultaneous Release

The Polar Express: An IMAX 3D Experience Returns to IMAX Theatres with Strong Results

NEW YORK, Nov. 29 /PRNewswire-FirstCall/ -- IMAX Corporation and Warner Bros. Pictures today announced that Harry Potter and the Goblet of Fire: The IMAX Experience and The Polar Express: An IMAX 3D Experience registered the highest grossing weekend ever at IMAX(R) theatres, with combined grosses of $3.1 million, each on 66 screens over the three-day period from Friday, November 25 through Sunday, November 27. In its second weekend in IMAX theatres, Harry Potter and the Goblet of Fire grossed approximately $1.85 million on 66 screens -- even while sharing IMAX screens with the re-release of The Polar Express, which generated approximately $1.22 million in its opening weekend.

The performance of Harry Potter and the Goblet of Fire: The IMAX Experience marks the highest grossing opening week ever for an IMAX Hollywood simultaneous release with grosses of approximately $5 million. The film has now grossed an estimated cumulative total of approximately $7 million over 10 days in 66 domestic IMAX theatres, for a noteworthy per screen average of $105,194. With a limited show schedule at most locations, The Polar Express: An IMAX 3D Experience registered an impressive per screen average of $18,505 on 66 screens, in its re-release debut from Friday, November 25 through Sunday, November 27.

"As we kick-off one of our most exciting holiday seasons yet with our partners at Warner Bros. Pictures, we're thrilled to report a record-breaking week and weekend at IMAX theatres," said IMAX Co-Chairmen and Co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "The sustained box office performance of Harry Potter and the Goblet of Fire: The IMAX Experience and the better-than- expected opening weekend results of The Polar Express: An IMAX 3D Experience proves that the two films play very well together, maximizing IMAX theatre show schedules at all times of the day. We are confident that both films will generate healthy financial returns for Warner Bros. Pictures and the growing IMAX theatre network."

"Warner Bros. Pictures has provided moviegoers and IMAX theatre operators with a great one-two-punch this holiday season, with two fantastic films," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "Harry Potter and the Goblet of Fire: The IMAX Experience leads the way as one of the fastest grossing IMAX DMR(R) titles and it continues to climb even while sharing screen time with The Polar Express: An IMAX 3D Experience, which has now established itself as a beloved holiday tradition."

The total box office grosses from the 12 international IMAX theatres now playing Harry Potter and the Goblet of Fire are estimated to be $340,000, including numerous sold out shows, or very high occupancy in India, Spain, Poland, Amsterdam and Scotland. The Polar Express: An IMAX 3D Experience opened on 11 screens internationally and generated $120,000, also selling out numerous shows and generating high occupancy.

Research conducted at numerous IMAX theatres during the opening weekend of Harry Potter and the Goblet of Fire: The IMAX Experience shows incredibly high satisfaction and word of mouth ratings surrounding the film. Of those surveyed, 92% purchased tickets at least a few days in advance of seeing the movie - nearly double the average for IMAX's previous digitally re-mastered titles - indicating that moviegoers are planning ahead to guarantee their seats to see Hollywood blockbusters in IMAX's larger than life format. In addition, research conducted during the debut weekend of The Polar Express: An IMAX 3D Experience revealed that more than half of the moviegoers surveyed saw the film last year in IMAX(R) 3D and would see it again in subsequent years, indicating that the film is a holiday perennial that will attract audiences year after year.

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 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'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 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

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

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