Corporation Closes Over-Allotment Option

IMAX intends to use the net proceeds from the offering for the repayment ofdebt, including a portion of its 9 5/8% Senior Notes due December 2010. IMAXintends to refinance the remainder of its existing indebtedness through cashflow from operations and future debt financings.Roth Capital Partners, LLC acted as the underwriter for the offering.The common stock was offered pursuant to an effective registration statementfiled with the Securities and Exchange Commission. Offers and sales of thecommon stock will be made only by the related prospectus and prospectussupplement. Copies of the prospectus and prospectus supplement relating to thisoffering may be obtained from Roth Capital Partners by e-mail torothecm@roth.com, by fax to (949) 720-7227 or by mail to 24 Corporate PlazaDrive, Newport Beach, CA, 92660, Attention: Equity Capital Markets.