New Galaxy Cinema Planned for Collingwood, Ontario To Open in Fall 2006

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TORONTO, ONTARIO–(CCNMatthews – Nov. 17, 2005) – Cineplex Entertainment (TSX:CGX.UN) announced today the development of a seven screen entertainment complex at First Street and Highway 26 in Collingwood, Ontario. The 26,000 square foot state-of-the-art Galaxy Cinema will start construction in the spring of 2006 and will open to the public in the Fall of 2006. Galaxy Cinemas are huge community supporters and are very involved in their local communities raising money for various charities on an on-going basis. It is this local focus which distinguishes the Galaxy brand from others.