Vue Entertainment

J. Timothy Richards

CEO

LPF Edition

To reduce the file size of this presentation a number of photographs have been removed from Timothy’s original presentation.

Agenda

• Vue

• UK Market update

• Digital

• Digital 3D

• Alternative programming

• The Future

Current Vue

• 66 Sites, 650 Screens• 8 new sites planned to open in the next 2 years • 35 million admissions per year • 98% Stadium Seating• Excellent national coverage: 60% of the population live

within 30 minutes of a Vue Cinema• Award Winning (International Exhibitor of the Year 2005 UK Exhibitor of the Year 2006 & 2007)• Worldwide leaders in innovation and new technology

The UK Market

Performance

Picture of press-cutting with main heading:

H’W’D GETS BUMP FROM SLUMP

And two sub-headings:

‘Summer of B.O. on the rise’ and

‘Recession-proof?’

Admissions and No. of Screens during Economic Downturn

(50)

0

50

100

150

200

1987 1988 1989 1990 1991 1992 1993 1994

Index 100 = 1987

Screens

GDP Growth

Admissions

Picture of press-cutting with heading:

‘Amid downturn, long lines at movies’

Picture of press-cutting with heading:

Cinema still first choice for U.K. auds

Survey reveals theater offers unique experience

YOY Box Office Performance by Film

UK GBOR £m

UK GBOR £m

The Dark Knight (6 Wks) 26.3 The Simpsons 16.4Mamma Mia! (8 Wks) 24.0 The Bourne Ultimatum 15.5Mummy:Tomb Of Dragon (4 Wks) 10.6 Transformers 9.9Wall-E (6 Wks) 9.6 Rush Hour 3 9.0Hellboy 2: The Golden Army (2 Wks) 4.6 Harry Potter 5 8.0You Don't Mess With The Zohan (2 Wks) 4.3 Evan Almighty 5.5Wild Child (2 Wks) 3.8 Hairspray 5.0Angus, Thongs And Perfect (5 Wks) 3.2 Surf's Up 3.5Kung Fu Panda (9 Wks) 3.1 Knocked Up 3.3Space Chimps (4 Wks) 3.0 Bratz: The Movie 3.1All other titles 18.4 All other titles 7.9Total UK 111.1 Total UK 87.0YOY 27.6%

August 2008 August 2007

545575

660

755 742770 771 762

820854

450

500

550

600

650

700

750

800

850

900

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

GBOR (£m)

Note: Data represents Calendar YearSource: Dodona, Cinemagoing 17 (1999 – 2007 ) Vue Management 2008

UK Gross Box Office Revenue

UK Cinema Screens (1996–2012E)

3,6103,5143,4403,3573,3423,3183,2583,164

2,9542,758

2,5812,3492,222

3,6703,6703,6703,660

19961997199819992000200120022003200420052006200720082009201020112012

Multiplex

Traditional

CAGR

96-07

4.3%

(3.3)%

10.4%

0.3%

CAGR

08-12E

CAGR

04-08

1.9%

Traditional

Multiplex

0.1%

2.6%

Digital Projection Technology

Hull Digital Multiplex

• Europe’s 1st Purpose Built Digital Multiplex

• 10 screens• 2 Evolution screens• 3D screens• Superior seats in every

screen• 10 TB of storage

capacity allowing 100+ films to be stored

Picture of Vue digital logo

Ultimate picture quality greater film choice

No one does cinema like VUE

Digital Projection

Screen 1

Screen 2

Screen 3

Screen 4

Screen 5

Screen 6

Screen 7

Screen 8

Site

LibraryServer

Central Control

Picture of

Chiswick Park building

Picture of

Server

_ _ _ _ _ _

Picture of

projector

Picture of

projector

Picture of

projector

Picture of

projector

Picture of

projector

Picture of

projector

Picture of

projector

Picture of

projector

Vue Hull

Picture of opening of

VUE Princes Quay

Europe’s First

All Digital

Multiplex Cinema

Vue Hull

Picture of VUE Hull inside main entrance with

escalators etc

Picture of VUE Hull inside

waiting area with large leather chairs

Digital 3D

Digital 3D

• Picture of adults and children watching a film wearing 3D glasses sitting in large leather seats

Digital 3D

3D

• All attracting premium pricing

• 3D screens are grossing close to

twice the 2D version.

• 2nd weekend fall off significantly less

than 2D version.

Picture of

Chicken Little

Disney Digital 3-D

poster

Remaining 2009 3D Releases

May 2nd May 26th June 26th July 31st August 21st

Sept 18th Oct 2nd Oct 16th Dec 15thNov 13th

Picture of Coraline

movie poster

Picture of Jonas

Brothersmovie poster

Picture of Ice-Age 3-Dmovie poster

Picture of Hair Force Onemovie poster

Picture of unidentified

movie poster

Picture of Meat Balls

movie poster

Picture of Toy Story

movie poster

Picture of UP

movie poster

Picture of Jim Carey

Picture of unidentified

movie poster

Alternative Programming

• Genesis live from Düsseldorf on 27th June, 2007

• UK Exclusive to 43 Vue Cinemas

• Other territories: Sweden & Spain

Vue Music

Picture of Genesis concert poster

Live from Dusseldorf

• Take That: Live from the O2 on 7th December 2007

• UK Exclusive to 51 Vue Cinemas

• Other territories: Netherlands, France, Spain, Dubai

• 100% Occupancy

Vue Music

Picture of Take That concert poster

Live from the O2 Arena

• Kylie: White Diamond including red carpet from Vue West End

• UK Exclusive to 38 Vue Cinemas

• Other territories: Australia, New Zealand, Spain, Germany, Denmark, France

Vue Music

Picture of Kylie: White Diamond concert poster

Vue Music

Picture of two Opera

concert posters

Picture of Foo Fighters concert poster

Picture of Girls Aloud

concert poster

Picture of McFly

concert poster

Picture of Arctic Monkeys concert poster

Vue Music

Picture of four ballet

concert posters

Picture of Phedre

National Theatre poster

• British & European Grand Prix• 30 Vue Cinemas

Vue Sport

Picture of

F1 Grand Prix of Europe

‘Showing live onthe big screen’

poster

Picture of

‘The BritishGrand Prix Live!

on the big screen’

poster

• Ross Noble: Live from Liverpool Empire on 21st October

• UK Exclusive to 42 Vue Cinemas

Vue Comedy

Picture of

VUE comedy

Ross Noble ‘Larger than Live!’

poster

Vue Gaming

Picture of cinema screen VUE Gaming auditorium with

PlayStation logo on the screen

Other Alternative Content

Picture of Thomas the Tank Engine

The Great Discoverynarrated by Pierce Brosnan

poster

Picture of Bob-the-Builder

Race to the Finishfeaturing the voice of Neil Morrissey

poster

Picture of ‘See classic movies in High Definition

exclusively at Vue

poster

Other Alternative Content

3D Keane from Abbey RoadFirst European live 3D Cinema Broadcast exclusively to Vue

Live Interactive 3D Game Audience have to control space ship through a meteor field using their collective hand movements. Exclusively to Vue

Picture of Keane wearing old-style

3D glasses poster

Picture of

Starship ZirconO2 brings you a 3D family adventure

poster

The Future

“You can’t predict the future…you have to make it”

Ahmet Ertegun (1923-2006)

Over 18’s Screenings

Picture in the style of a ‘children crossing’ prohibited street sign

Over 18 Screenings

Picture of various press and internet ‘cuttings’ about how the media reported the ‘no children

showings’ of ‘Quantum of Solace’

Including reports from

Daily Mail newspaper

BBC NEWS website

Daily Express

Mirror.co.uk

Guardian.co.uk

Superior Seating

Picture of ‘premium seats in the premium rows’ of a

cinema auditorium

Ben & Jerry’s

Picture of a ‘Ben & Jerry’s’ ice-cream kiosk and

seating area

Bars

Swansea: Bar

Thurrock: Bar

Picture of vending-type machines bar at Swansea

VUE with seating

Picture of bar-staff serviced bar at Thurrock VUE with

seating

Bean Bags

Picture of mixed age-group people watching a movie

whilst reclining in bean-bag style seats