Adlabs Films Limited

Investor Update : FY Ended March 2008

May 29, 2008

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Annual Financial Performance FY 08

Period Exhibition - Cinemas Motion Picture Processing Revenue . EBIDTA . Revenue .

EBIDTA . Film Production & Distribution Television Software Total from Operations Revenue .

EBIDTA . Revenue .

EBIDTA .

Revenue .

EBIDTA . Other Income ( Net of Exps & Interest) Profit After Tax Rs. in Crores Last Year FY 06-07 15 mths 114.31 19.43 96.18 39.25 150.29 17.11 6.51 2.16 358.08 77.95 50.90 90.49 This Year FY 07-08 9 mths 127.23 18.34 66.97 26.37 YOY Annualized 86% 57% 16% 12% 120.65 18.34 21.74 3.81 316.34 66.86 19.24 47.44 34% 79% 456% 194% 47% 43% -37% -13% 2

Highlights

 166 cinema screens across 62 properties as of date India’s largest cinema chain  Established a 200+ screens network in United States of America across 28 properties, 24 Cities out of which 148 operational  Acquired 51 screens in Malaysia, planned to be integrated in Current Year  Adlabs cinemas won the 2nd consecutive year “Retailer of the Year” Award at the

Reid & Taylor Awards for Retail Excellence

for the  Synergy Adlabs moved from being a niche player to among the top 3 in the industry  All India distribution network with offices in multiple locations across India and overseas  Highest number of prints processed by the Lab in a year  Financial Highlights  Consolidated Revenue at Rs.365 Cr. , Annualized YoY growth 42%  Consolidated EBIDTA at Rs. 77 Cr  Consolidated PAT at Rs. 47 Cr  As per the modified scheme, radio business forms part of the consolidated results effective 1 st Apr 2008 3

Cinemas

 Financials : Increase in revenue by 85% & EBIDTA by 58% over last year (Annualized )  Current Footprint : 166 screens across 62 properties & total capacity of 62,728  Established a 200+ screen chain with a nationwide footprint across the US, covering 28 cities including the key markets in East, Mid West and West Coast .

 To play mainstream Hollywood films and Indian films viz., Hindi, Tamil and Telugu.

 Screens will be operational during the course of the year  Prestigious property launched – Adlabs at ‘The Great India Place’ at Noida  Adlabs Cinemas won the the 2nd consecutive year ‘Retailer of the Year’ Award at the

Reid & Taylor Awards for Retail Excellence

for  Preferred choice for all megaplex developments with Emaar MGF at Hyderabad, Lucknow, Mohali & Delhi, Sun Gumberg at Mohali & Ludhiana and with Phoenix at Bandra Kurla Complex  Two prestigious properties Odeon (Delhi) and R Town with 9 screens (Ghatkopar) coming up in the year  India’s first 6D theatre launched at Agra 4

Film Services

Processing Lab

 Increase in revenue by 16% & EBIDTA by 12% over last year (Annualized)   The lab processed 16,620 prints in FY08 including Jodhaa Akbar, Om Shanti Om, Saawariya, Bhool Bhulaiya, Chak De India, Heyy Babyy, Taare Zameen Par, Race Process improvements and de-bottlenecking have resulted in a 17% increase in prints per quarter from 4750 in FY07 to 5550 in FY08

Other Services

 Launched the state-of-the-art DI lab is the first true 4K facility in India   Awarded the 2 lacs sq ft Film City Studios contract for 20 years Established DCI Compliant 2K Digital Cinema mastering facility & test bed with 22 screens in multiplexes across India 5

Content: Movies Production & Distribution

Production

 FY08 has been largely films under project development  Slate of prestigious films under production/ release include  Ram Gopal Rai Varma’s ‘Sarkar Raj’ starring Amitabh Bachchan, Abhishek Bachchan & Aishwarya  Harry Baweja’s ‘Love Story 2050’ starring Harman Baweja & Priyanka Chopra  Vipul Shah’s ‘Singh is Kingg’ starring Akshay Kumar & Katrina Kaif   Supernatural Thriller Hindi & Tamil Film ’13B’ starring R Madhavan Animation Feature Film ‘Sultan – The Warrior’ featuring Rajinikanth

Distribution

 Currently present in territories of Mumbai (Mumbai, Maharashtra & Gujarat) , Delhi (Delhi, UP, Punjab), Bengal, Tamil Nadu, Hyderabad, Mysore & Tamil Nadu  Strengthening international presence with offices across the world  Mandate to distribute all films produced by Reliance Entertainment Big Motion Pictures 6

Content - Television

 Financials   Increase in revenue by 456% over last year (Annualized) Increase in EBIDTA by 194% over last year (Annualized)  Operational Highlights FY08   7 shows aired across 6 channels with 214 Hrs of programming Slate of shows include “Jiya Jale” in fiction, “Kaun Banega Crorepati-2” and “Bollywood Ka Boss” in quiz, “Angrezi Mein Kehte Hai” in comedy & “Jhalak Dikhlaa Jaa 2” in reality  Outlook in current year  15 shows lined up across 8 channels with approx. 800 Hrs of programming  Includes fiction, lifestyle, reality, celebrity, games & quiz shows  Slate of shows include  “Kya Aap Paanchvi Pass Se Tez Hai” with SRK & “Aap Ki Kacheri” with Kiran Bedi on Star Plus  “Dus Ka Dum” with Salman Khan on Sony 7

Metro Cinema, Mumbai

Metro Cinema, Mumbai

Noida, NCR ( New Delhi)

Noida, NCR ( New Delhi)

Noida, NCR ( New Delhi)

Never a dull moment

For any clarifications please contact V.Devarajan, Chief Financial Officer, Adlabs Films Ltd email: [email protected], Mobile: 9320086278

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