1 April 16, 2007 SONY PICTURES ENTERTAINMENT Analyst Meeting

2 Privileged and Confidential MICHAEL LYNTON CHAIRMAN & CEO SONY PICTURES ENTERTAINMENT

3 We believe in the power of “Sony United” Increasingly international in scope Leader in using technology to make and deliver entertainment to our audiences Emphasis on financial discipline

4 42 titles released on Blu-ray in North America Blu-ray outselling HD-DVD discs by 2-to-1 SPHE has sold over 300,000 discs

5 Talladega Nights bundled with the first 500,000 PlayStation 3’s sold in the U.S. Casino Royale offered with the release of PlayStation 3 in Europe Casino Royale became the first high-definition disc to ship 100,000 units Blu-ray has support of 7 out of 8 major studios

6 Blu-ray vs. HD-DVD 70% 29% Year-to-date 2007, Blu-ray sales have outperformed HD-DVD by 132%

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8 Thirteen #1 movies in 2006 SPE was #1 in U.S. box-office receipts Broke all-time box-office record with $1.7 billion $3.3 billion in worldwide box-office receipts SPE was #1 during the time period o SPE was the only studio to break the $6 billion mark during that time SPE has been #1 in three of the past five years SPE has more #1 openings than any other studio between 2002 and today Motion Pictures

was biggest year for SPRI 2006 total gross $1.63 billion The Da Vinci Code set all-time box-office record with $154.7 million in its opening weekend Casino Royale set a new record for the James Bond franchise o Biggest Bond film ever in the international marketplace with $426.4 million through March 2007 The Da Vinci Code and Casino Royale led the international marketplace for 4 consecutive weekends

10 Challenges & Opportunites The business is increasingly competitive Consumers accessing a wider variety of entertainment in more ways than ever before We must keep ahead of changes in technology and society

11 Financial Discipline Our goal at SPE is to be creative and financially disciplined at the same time SPE has been profitable for ten straight years

12 Make fewer “first dollar gross” talent deals Reduce the number and cost of “producer lot” deals Ensure physical production is on track and on budget Implement strategic and disciplined marketing strategies Diverse film slate Seek out tax and other government sponsored incentives Continue to think “globally” Financial Discipline

13 Sony Pictures Overall Revenue $6.1 billion in Calendar Year 2005 Calendar Year 2006 $ 7.8 billion

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