NEW YORK, NY , Jan. 3, 2005 - Warner Bros. Pictures' "The Polar Express: An IMAX 3D Experience" again set new records for an IMAX(R) film by amassing more than $5.45 million from Sunday, December 26 through Saturday, January 1, 2005 making it the highest grossing week in IMAX's history, IMAX Corporation announced today.

In the 10 day holiday period from Friday, December 24 through Sunday, January 2, the film grossed $7.18 million on 62 screens for a per screen average of $116,000.

The film grossed an estimated $2.1 million over the three-day period from Friday, December 31 through Sunday, January 2, an increase of approximately 12% over the previous weekend, and the same as its opening weekend eight weeks ago. With a total estimated worldwide box office cume of $35 million in just eight weeks of release and a domestic per screen average of approximately $500,000, the film has broken virtually every major IMAX DMR(R) (Digitally Re-mastered) box office record.

"This film has surpassed all of our expectations, capturing the imagination of millions of people around the world and clearly demonstrating how The IMAX Experience(R) can help bolster a blockbuster Hollywood film," said IMAX Co-Chairmen and Co-CEO's Richard L. Gelfond and Bradley J. Wechsler. "'The Polar Express: An IMAX 3D Experience' marks a key milestone in our effort to make IMAX(R) theatres the place to see event films, and with a number of impressive titles already in place for next year, we believe the buzz among consumers will continue to grow."

"The Polar Express: An IMAX 3D Experience" has been selling out shows all around the world for almost two months, with a number of IMAX theatres reporting record results and best holiday seasons ever. Highlights include:

- The new Comcast IMAX 3D Theatre at Jordan's Furniture in Reading, Massachusetts debuts with over $1 million in box office grosses.
- Cinepolis Perisur IMAX Theatre in Mexico City weekday attendance is up more than 20% since the new IMAX theatre opened with the film.
- The Henry Ford IMAX Theatre in Dearborn, Michigan sold out 96 consecutive shows from December 17th through January 2nd , marking the theatre's best holiday season ever.

"The performance of 'The Polar Express' in IMAX theatres has exceeded all of our expectations," said Dan Fellman, President of Domestic Distribution, Warner Bros. Pictures. "We are thrilled that the film's word of mouth has been so strong throughout the holiday season, with conventional theatres continuing to build the worldwide box office to approximately $257 million to date."

"It has been a tremendous experience working with Warner Bros. Pictures on this fantastic film and IMAX's first feature length 3D release. Needless to say, we couldn't be happier with the picture's record breaking results and incredible staying power," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "The response from audiences around the world has shown that Bob Zemeckis' 'The Polar Express' is a timeless tale that will be embraced by moviegoers for years to come. We look forward with great anticipation to future projects with our partners at Warner Bros., including the highly anticipated summer event film 'Charlie and the Chocolate Factory' on July 15th, 2005."

PRESS RELEASE ISSUED BY IMAX CORPORATION