Ellis Jacob Completing Quotations

we are pleased to announce that we have an agreement to sell the Fifth Avenue Cinemas to Festival Cinemas. This is the second theatre sale we have announced since completing the acquisition of Famous Players on July 22, 2005.

Empire' s recent acquisition of 27 of our theatres located across Canada on September 30, 2005 makes adding the University 4 Cinema to their group a perfect match. This is the second Alliance Atlantis cinema sale we have announced since completing the acquisition of Famous Players on July 22, 2005.