LARKSPUR, CA, July 26, 2012 /CNW/ – Kevin Douglas of 125 E. Sir Francis
Drake Blvd., Suite 400, Larkspur, California, 94939, has announced
today that he acquired, through and on behalf of K&M Douglas Trust,
Douglas Family Trust, James E. Douglas III, and Douglas Irrevocable
Descendants Trust, 100,000 common shares of IMAX Corporation (“IMAX”),
such that it now has control or direction over 8,436,447 common shares
of IMAX representing approximately 12.80% of the total common shares
outstanding. The shares were purchased on the New York Stock Exchange
at the price of USD $24.40 per share, being Cdn. $24.70 per share
(based on the close of business exchange rate of 0.9875 per Bloomberg
for July 20, 2012). The shares were acquired in the ordinary course of
the entities’ investment activities. Kevin Douglas, through and on
behalf of the four entities, may purchase or sell securities of IMAX in
the future on the open market or in private transactions, depending on
market conditions and other factors material to their investment
decisions.

SOURCE Kevin Douglas