IMAX(R), IMAX(R) 3D, IMAX DMR-, IMAX- MPX-, and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can befound at www.imax.com.

This press release contains forward looking statements that are based onmanagement's assumptions and existing information and involve certain risksand uncertainties which could cause actual results to differ materially fromfuture results expressed or implied by such forward looking statements.Important factors that could affect these statements include ongoingdiscussions with the SEC and OSC relating to their ongoing inquiries and theCompany's accounting, the timing of theatre system deliveries, the mix oftheatre systems shipped, the timing of the recognition of revenues andexpenses on film production and distribution agreements, the performance offilms, the viability of new businesses and products, risks arising frompotential material weaknesses in internal control over financial reporting andfluctuations in foreign currency and in the large format and generalcommercial exhibition market. These factors and other risks and uncertaintiesare discussed in the Company's Annual Report on Form 10-K for the year endedDecember 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 producingcomputer generated, or CG, animated feature films. With world-class creativetalent, a strong and experienced management team and advanced CG filmmakingtechnology and techniques, DreamWorks Animation makes high quality CG animatedfilms meant for a broad movie-going audience. The Company has theatricallyreleased a total of sixteen animated feature films, including Shrek, Shrek 2,Shark Tale, Madagascar, Over the Hedge, Shrek the Third, Bee Movie and Kung FuPanda. Madagascar: Escape 2 Africa comes to theaters on November 7 andMonsters vs. Aliens, the Company's first film produced in 3D, is slated for adomestic release date of March 27, 2009.

This document includes certain forward-looking statements within themeaning of the Private Securities Litigation Reform Act of 1995. The Company'splans, prospects, strategies, proposals and our beliefs and expectationsconcerning performance of our current and future releases and anticipatedtalent, directors and storyline for our upcoming films and other projects,constitute forward-looking statements. These statements are based on currentexpectations, estimates, forecasts and projections about the industry in whichwe operate and management's beliefs and assumptions. These statements are notguarantees of future performance and involve risks, uncertainties andassumptions which are difficult to predict. Actual results may vary materiallyfrom those expressed or implied by the statements herein due to changes ineconomic, business, competitive, technological and/or regulatory factors, andother risks and uncertainties affecting the operation of the business ofDreamWorks Animation SKG, Inc. These risks and uncertainties include: audienceacceptance of our films, our dependence on the success of a limited number ofreleases each year, the increasing cost of producing and marketing featurefilms, piracy of motion pictures, the effect of rapid technological change oralternative forms of entertainment and our need to protect our proprietarytechnology and enhance or develop new technology. In addition, due to theuncertainties and risks involved in the development and production of animatedfeature projects, the release dates for the projects described in thisdocument may be delayed. For a further list and description of such risks anduncertainties, see the reports filed by us with the Securities and ExchangeCommission, including our most recent annual report on Form 10-K and our mostrecent quarterly reports on Form 10-Q. DreamWorks Animation is under noobligation to, and expressly disclaims any obligation to, update or alter itsforward-looking statements, whether as a result of new information, futureevents, changes in assumptions or otherwise.