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Adlabs Films Limited

Investor Update : Quarter ended December 2007

January 30, 2008

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Financial Performance

(Rs. In Crs)

  Last Year This Qtr   Preceding Qtr  

Period Oct Dec 06 Oct Dec 07 YOY Jul Sep 07 QOQ

Exhibition - Cinemas          

Revenues 24.15 42.39 75% 40.61 4%

EBIDTA 4.62 6.84 48% 6.16 11%

Motion Picture Processing          

Revenues 19.35 24.32 26% 21.73 12%

EBIDTA 8.63 7.83 (9%) 10.17 (23%)

Film Production , Distribution & Television          

Revenues 42.84 46.97 10% 82.65 (57%)

EBIDTA (1.60) 2.06   (2.57)  

Total from Operations          

Revenues 82.96 101.94 23% 134.68 (24%)

EBIDTA 11.66 16.74 44% 13.76 22%

           

Other Income ( Net of Unallocated Expenses) 17.80 34.10 92% 14.18 141%

EBIDTA 29.46 50.48 73% 27.94 82%

PBT 25.11 36.50 45% 17.63 107%

PAT 22.53 21.72 21.04 3%

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Highlights of this quarter

131 cinema screens across 45 properties as of date - India’s largest cinema chain

Establishing a 200+ screens network in United States of America across 28 properties, 24 Cities which will be operational during the course of the year

Adlabs cinemas won the “Retailer of the Year” Award at the Reid & Taylor Awards for Retail Excellence for the 2nd consecutive year

Synergy Adlabs’ first Hindi fiction show – Jiya Jale on air on channel INX - highest TRP rating

Financial Highlights

Consolidated Revenue at Rs.129.5 Cr. , YoY growth 23%

Consolidated EBIDTA at Rs. 50.8 Cr, YoY growth 73%

Consolidated PBT at Rs. 36.5 Cr, YoY growth at 45%

Consolidated PAT at Rs. 21.7 Cr

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Processed 6,201 prints, 31% increase over last year, 3% increase over previous quarter

Increase in revenue by 26% over last year & 12% over last quarter

During Jan to Mar ’08 : Slate of films include Halla Bol, Jodhaa Akbar, God Tussi Great Ho,

Bombay to Bangkok, Sunday, Wednesday, The Great Indian Butterfly, Black N White,

Woodstock Villa

Services : Processing Lab

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Financials in the Quarter

Increase in revenue by 75% over last year & 4% over last quarter

Increase in EBIDTA by 48% over last year & 11% over last quarter

Current Footprint : 131 screens across 45 properties & total capacity of 45,238

Establishing 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 ‘Retailer of the Year’ Award at the Reid & Taylor Awards for Retail Excellence for the 2nd consecutive year

Cinemas

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Performance in the Quarter

Limited releases this quarter

Production of Khoya Khoya Chand

Distribution of Jab We Met, Khoya Khoya Chand & Hanuman Returns in select

territories

Major Films under Production in 2008

Vipul Shah’s Singh is Kinng starring Akshay Kumar & Katrina Kaif

Harry Baweja’s Love Story 2050 starring Harman Baweja & Priyanka Chopra

Ram Gopal Varma’s Sarkaar Raaj starring Amitabh Bachchan, Abhishek Bachchan

& Aishwarya Rai

Ocher Studios’ Animation Feature Film Sultan – The Warrior featuring Rajinikanth

Content: Movies Production & Distribution

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Content - Television

Successfully completed celebrity dance show Jhalak Dikhla Ja–2, on Sony TV

First Hindi fiction – Jiya Jale went on air on channel INX - highest TRP rating

Bollywood based quiz show Bollywood Ka Boss hosted by Boman Irani, on Sahara Filmy

Education based fiction Angrezi Mein Kehte Hai to go on air on NDTV Imagine

16 shows commissioned/ under production translating into 1000 hrs of programming

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Never a dull moment

For any clarifications please contact V.Devarajan, Chief Financial Officer, Adlabs Films Ltdemail: venkat.devarajan@adlabsfilms.com, Mobile: 9320086278