Kung Fu Panda Opens in IMAX(R) Theatres on June 6th

Kung Fu Panda Opens in IMAX(R) Theatres on June 6th

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

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

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