Cineplex Entertainment Increases Synergies Target to $30 Million Selects Coca-Cola as Exclusive Beverage Supplier and Expands Digital Pre-Show Network

TORONTO, ONTARIO–(CCNMatthews – April 12, 2006) – Cineplex Entertainment (TSX:CGX.UN – News) announced today that it expects annual recurring synergies resulting from the acquisition of Famous Players to now reach $30 million dollars. This is a $5 million increase versus the $25 million target that was previously announced. Cineplex Entertainment also announced the selection of Coca-Cola as the exclusive beverage partner to all 129 Cineplex Entertainment cinemas across Canada for the next five years and the continued expansion of the Digital Pre-Show Network.