The Spiderwick Chronicles: The IMAX Experience Opens February 14, 2008

The Spiderwick Chronicles: The IMAX Experience Opens February 14, 2008

Film Opens in IMAX(R) Theatres Worldwide

LOS ANGELES, Feb. 13 /PRNewswire-FirstCall/ -- IMAX Corporation and Paramount Pictures announced today that The Spiderwick Chronicles, a fantasy adventure based on the best-selling series of books, will open in IMAX(R) theatres on February 14th, 2008, beginning with advance midnight shows in select IMAX theatres on the evening of February 13. Directed by Mark Waters (Mean Girls, Freaky Friday), the Kennedy/Marshall (The Sixth Sense, Jurassic Park) and Mark Canton (300) production of The Spiderwick Chronicles has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience(R) through IMAX's DMR(R) (Digital Re-Mastering) technology.

"The Spiderwick Chronicles looks and sounds amazing in IMAX," said Mark Canton. "The grand scale and immersive nature of The IMAX Experience gives Spiderwick a brand new level of excitement. In IMAX theatres, fans will be drawn into the movie even further and feel as if they are actually part of the story."

"We've had great success with Hollywood movies that are based on best-selling books, and we are excited to reach the millions of loyal Spiderwick fans with the first film-adapted adventure from this beloved series of books," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "In IMAX theatres, audiences will feel as if they are actually inside the Spiderwick mansion as the magical adventures unfold around them."

From the beloved best-selling series of books comes "The Spiderwick Chronicles," a fantasy adventure for the child in all of us. Peculiar things start to happen the moment the Grace family (Jared, his twin brother Simon, sister Mallory and their mom) leave New York and move into the secluded old house owned by their great, great uncle Arthur Spiderwick. Unable to explain the strange disappearances and accidents that seem to be happening on a daily basis, the family blames Jared. When he, Simon and Mallory investigate what's really going on, they uncover the fantastic truth of the Spiderwick estate and of the creatures that inhabit it.

Paramount Pictures and Nickelodeon Movies present a Kennedy/Marshall and a Mark Canton Production of a Mark Waters film The Spiderwick Chronicles starring Freddie Highmore, Mary-Louise Parker, Nick Nolte with Joan Plowright and David Strathairn and the voices of Seth Rogen and Martin Short. The film is directed by Mark Waters from a screenplay by Karey Kirkpatrick and David Berenbaum and John Sayles, based on the books by Tony DiTerlizzi and Holly Black. The film is produced by Mark Canton, Larry Franco, Ellen Goldsmith-Vein and Karey Kirkpatrick. The executive producers are Julia Pistor, Tony DiTerlizzi and Holly Black. The director of photography is Caleb Deschanel, ASC. The production designer is James Bissell. The editor is Michael Kahn, A.C.E. The costumes are designed by Joanna Johnston. The music is by James Horner. The special visual effects are by Industrial Light & Magic. Visual effects by Tippett Studio.

The Spiderwick Chronicles: The IMAX Experience is scheduled to play at the following IMAX(R) Theatres beginning February 14th.

   UNITED STATES    Arizona    Mesa - Gateway 12 IMAX Theatre   Phoenix - IMAX Theatre at AMC Deer Valley 24    California    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    Fort Lauderdale - AutoNation(R) IMAX(R) Theater at Museum of   Discovery and Science   Jacksonville - World Golf Hall of Fame IMAX Theatre   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   Portage - Portage 16 IMAX    Iowa    Des Moines - Science Centre of Iowa    Kansas    Olathe - IMAX Theatre at AMC Studio 30    Kentucky    Louisville - Cinema De Lux 20: Stonybrook IMAX Theatre    Louisiana    Covington - Holiday Squares 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    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 (opening February 22)   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    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   Quebec City - IMAX le Theatre     INTERNATIONAL    Australia    Melbourne - IMAX Theatre, Melbourne Museum    Ecuador    Guayaquil - Malecon 2000 IMAX    Hong Kong    Kowloon - UA MegaBox IMAX Theatre    Korea    Incheon - CGV Incheon   Seoul - CGV Yongsan    India    Ghaziabad - Aerens R IMAX at RAP Adlabs   Hyderabad - PRASAD IMAX Theatre    Israel    Haifa - IMAX Theatre    Mexico    Guadalajara - Cinepolis IMAX Theatre Galerias Guadalajara   Monterrey - Cinepolis IMAX Theatre Valle Oriente   Perisur - Cinepolis IMAX Theatre Perisur   Universidad - Cinepolis IMAX Theatre Universidad    Netherlands    Amsterdam - Pathe Arena    New Zealand    Auckland - SKYCITY IMAX Theatre Queen Street    Philipines    Manila - San Miguel Coca-Cola IMAX Theatre    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 theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX 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 September 30, 2007, there were 296 IMAX theatres operating in 40 countries.

   IMAX(R), IMAX(R) 3D, IMAX DMR(R), IMAX 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 financial reporting and 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/A for the year ended December 31, 2006, as well as the Company's Quarterly Reports on Form 10-Q/A and Form 10-Q.

Source: IMAX Corporation

CONTACT: Media: IMAX Corporation, New York, Sarah Gormley, (212)
821-0155, sgormley@imax.com; Business Media: Sloane & Company, New York, Whit
Clay, (212) 446-1864, wclay@sloanepr.com; Entertainment Media: Newman &
Company, Los Angeles, Al Newman, (310) 278-1560, asn@newman-co.com

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Profile: International Entertainment