CINEMAX INDIA LTD.

FINANCE PRESENTATION FY 2010 - 2011

Contents Summarised Consolidated Financials Income & Expense Breakup Operational Parameters Existing Property Details Statewise Property Details Upcoming Property Details

Summarised Consolidated Financials

Figs. In lacs

FY 11 Q1 INCOME* EXPENSES* EBITDA EBITDA % PAT PAT % YoY growth in Income 4,691 3,937 754 16% 109 2% Q2 5,254 4,277 977 19% 246 5% Q3 5,813 4,604 1,209 21% 409 7% Q4 3,985 3,396 589 15% -217 -5% Q1* 2,479 2,298 181 7% -58 -2%

FY 10 Q2 4,203 3,421 782 19% 242 6% Q3 6,040 4,226 1,814 30% 1,069 18% Q4 FY 11

Financial Year Ended FY 10 FY 09 FY 08 FY 07

4,884 19,741 4,035 16,213 849 17% 444 9% 3,528 18% 545 3% 12%

17,607 15,403 13,980 11,367 3,627 21% 1697 10% 14% 4,036 26% 1,105 7% 45%

10,627 10,240 7,581 3,046 29% 1,373 13% 4% 7,467 2,773 27% 1,147 11% -

*Figures for Income & Expenses for all the quarters of FY2009-10 are regrouped and rearranged wherever necessary. *Figures for Q1 FY2009-10 are non-comparable due to strike for the period from10.04.09 to 12.06.09

Operational Parameters
FY 11 Q1 Locations No. of Screens No. of Seats Footfalls (In Lacs.) YoY growth in Footfalls Occupancy ATP (Rs.) F&B SPH (Rs) TOTAL SPH (Rs.) YoY growth in Total SPH 22% 139 36 175 24% 137 34 171 26% 134 35 169 14% 127 34 161 28 91 24,027 27.08 Q2 29 94 24,684 31.15 Q3 32 102 27,042 34.86 Q4 33 107 28,097 21.91 FY 11 33 107 28,097 115.01 6% 23% 135 35 170 7% Financial Year Ended FY 10 28 90 24,539 108.10 27% 26% 128 31 159 1% FY 09 25 74 20,305 85.14 38% 25% 128 30 158 -1% FY 08 18 52 14,004 61.91 19% 29% 131 29 160 6% 32% 125 26 151 FY 07 10 33 9,220 52.00

Income & Expense Breakup for FY 2010-11

Operational Parameters
FY 11 Footfalls (In Lacs) Comparable Properties (Loc.-27 & Seats -23,393) Non Comparable Properties (Loc.-6 & Seats - 4,704) Total No. Of Shows (In Lacs) Comparable Properties Non Comparable Properties Total Average numbers of patrons per show Occupancy Comparable Properties Non Comparable Properties ATP (Rs.) Comparable Properties Non Comparable Properties F&B SPH (Rs.) Comparable Properties Non Comparable Properties 35 30 31 137 112 128 22% 30% 26% 1.76 ( 5.55 Shows p.d. p.s) 0.18 ( 5.11 Shows p.d. p.s) 1.94 59 1.52 ( 4.63 Shows p.d.p.s.) 104.17 10.83 115.00 108.10 108.10 FY 10

1.52 71

Existing Property Details

Location Goregaon Kandivali Andheri (E) Sion Thane- Wonder Mira Road Versova Kandivali (East) Thane-Eternity Bandra Kalyan Vashi Ghatkopar Total Locations-13 Nasik Nasik II Nagpur Nasik-3 Malegaon Total Locations-5 Multiplex Multiplex Multiplex Multiplex Multiplex Owned Lease Owned Lease Lease May-04 Nov-07 Jun-08 Nov-09 Dec-10 3 2 3 5 3 1,002 431 1,007 1,016 1,017 Type Multiple Screen Single Screen Single Screen Multiple Screen Multiplex Multiplex Multiplex Multiplex Mall + Multiplex Single Screen Multiplex Multiplex Multiplex Property Owned Owned Owned Owned Owned Owned Lease Lease Owned Lease Lease Lease Lease Start Date Dec-97 Feb-98 Aug-98 Oct-00 Dec-03 May-04 Sep-05 Apr-06 May-06 Jul-07 Jan-09 Nov-07 Sept.-09 Screens 2 1 1 5 4 3 6 4 4 1 2 3 4 Capacity 698 287 362 827 1,136 1,018 1,477 1,267 1,035 195 479 917 1250 E. Tax Exemption No No No No No No Yes (Partially) Yes (Partially) Yes (Partially) No No No Yes Tax free Locations- 3 Seats- 3,320 No No Yes (Awaited) No No Tax free Locations-5 Seats - 6,036

MUMBAI

OTHER THAN MUMBAI

Existing Property Details

Location Gandhinagar Ahmedabad Dev Arc Rajkot Ahmedabad- Red Carpet Shiv-Ahmedabad Baroda Total Locations 6 Guwahati Panipat Kolkata Siligudi Total Locations 2 ANDHRA PRADESH UTTAR PRADESH DELHI KERALA CHATISGARH Hyderabad Kanpur Delhi Cochin Raipur Grand Total Locations-33 Multiplex Multiplex Multiplex Multiplex Multiplex Lease Lease Lease Lease Lease Jan-09 Nov.-09 Apr-11* Apr-10 Feb-11 3 3 6 4 5 Total-110 1,001 999 1,116 634 1,055 Total-28,181 No Yes No No No Tax free Locations- 9 Seats- 9,717 Type Multiplex Multiplex Multiplex Multiplex Multiplex Multiplex Multiplex Multiplex Multiplex Multiplex Property Start Date Screens Lease Lease Lease Lease Lease Lease Lease Lease Lease Lease Dec-07 Apr-08 Sep-08 Jul-09 Sep-10 Oct-10 May-07 Sep-07 Dec-08 Dec-09 4 4 3 4 3 2 2 3 4 4 Capacity 862 1,013 777 991 637 329 500 664 1,208 974 E. Tax Exemption No No No No No No Yes No Yes Yes

GUJARAT

ASSAM HARYANA WEST BENGAL

100% Tax free Seats to Total Seats Partial Tax free Seats to Total Seats 100% Tax free Ticket Collections to Total Ticket Collections Partial Taxfree Ticket Collections to Total Ticket Collections
* Delhi location started on April 21st, 2011 with 6 Screens & 1,116 Seats

21% 13% 18% 26%

5,938 3,779

State wise Existing Property Details

Locations Mumbai Maharashtra (other than Mumbai) Haryana Assam Gujarat Andhra Pradesh Uttar Pradesh Delhi West Bengal Kerela Chattisgarh Total Properties 13 5 1 1 6 1 1 1 2 1 1 33 Screens 40 16 3 2 20 3 3 6 8 4 5 110 Owned 20 6 Leased 20 10 3 2 20 3 3 6 8 4 5 84 Single Screens 10 Multiplex 30 16 3 2 20 3 3 6 8 4 5 100 Taxfree Screens 18 3 2 0 3 8 34 Taxable Screens 22 13 3 20 3 6 4 5 76

10

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Geographical Distribution Properties Seats % Distribution Screens % Distribution

West 24 20,030 71% 76 69%

East 4 3,737 13% 15 14%

South 2 1,635 6% 7 6%

North 3 2,779 10% 12 11%

TOTAL 33 28,181 100% 110 100%

We have discontinued the management contract for Amravati location since January 2011 having 3 screens &1,032 seats

Upcoming Properties for 2011-12

Location Bangalore - Soul Space Sprit Pune - Inorbit Hyderabad - Inorbit Malad - Infinity II Surat - Iris Bangalore 2 - Soul Space Areana Vizinagaram Chennai -Velachery Kolkata - Lavida Pune 2 - Kumar Pacific TOTAL Screens 4 4 6 5 3 6 3 5 2 4 42 Seats 775 1,089 947 760 785 1,000 700 1,259 329 1,011 8655 Expected Start Date Q1 Q1 Q2 Q2 Q2 Q3 Q4 Q4 Q4 Q4

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Contact Details
Rasesh Kanakia - Chairman, Kanakia Group rbk@kanakia.com Jitendra Mehta Group CFO jitendra@kanakia.com Sunil Punjabi CEO sunilpunjabi@cinemax.co.in Mayur Parekh VP Accounts & Finance mparekh@cinemax.co.in

Corporate Office: 215, Atrium,10th Floor, Opp. Divine School, J.B. Nagar, Andheri (E), Mumbai 400059. India. Tel: 6726 8888. Fax: 67268899/67268800. Web:www.cinemax.co.in 11