1. 1 Adlabs Films Ltd. Investor Update : July Sep’07 October 29, 2007

2. 2 Highlights  110 Exhibition screens across 35 properties as of date - India’s largest cinema chain; Set to reach 125 screens by Diwali  Successfully distributed films like Cash, Dhol, Dhamaal  Released first home production film ‘Johnny Gaddaar’  Synergy Adlabs launched second season of ‘Jhalak Dikhala Ja’, Over 18 shows under production. Foray in Tamil space with 2 fiction shows aired on Kalaignar channel, topping the TRPs  Financial Highlights  Consolidated Revenue at Rs.165.9 Cr., Y-O-Y growth 131% (Jul Sep’06 : Rs. 71.7 Cr)  Consolidated EBIDTA at Rs. 28.0 Cr, Y-O-Y growth 9% (Jul Sep’06 : Rs. 25.7 Cr)  Consolidated PAT at Rs. 21.0 Cr (Jul Sep’06 : Rs. 20.9 Cr)

3. 3  Financials in the Quarter  Revenue, Rs.21.7 Cr (Jul Sep’06- Rs.20.4 Cr), YOY growth 6%  EBIDTA, Rs.10.2 Cr (Jul Sep’06- Rs.8.5 Cr), YOY growth 19%  Performance in the Quarter  Processed 6,170 prints (5892 in Jul Sep’06) at Mumbai, Chennai and Kolkata  49 films (47 in Jul Sep’06) processed during the Quarter  Forthcoming Quarter  Slate of films include Bhool Bhooliya, Sawaariya, Om Shanti Om, Tare Zameen Par, Aaja Nachle, 10 Kahaniyan, Jab We Met, No Smoking, Dhan Dhana Dhan Goal, Khoya Khoya Chand. Services : Processing Lab

4. 4  Financials in the Quarter  Revenue at Rs.40.6 Crores (Jul Sep’06- Rs.23.8 Cr )  EBIDTA at Rs 6.2 Crores (Jul Sep’06- Rs.6.0 Cr )  EBIDTA level maintained, despite some properties moving out of E-Tax exemption zone  Performance in the Quarter  Average Ticket PriceRs.118  Average F&B Per PersonRs.25  Capacity  Current: 35 properties spread over 26 Cities with 110 screens.  Set to operate 125 screens by Diwali Cinemas

5. 5  Financials for the Quarter  Revenue at Rs.82.7 Crores (Jul Sep’06 - Rs. 19.5 Crores)  EBIDTA at a loss of Rs.2.6 Crores  Week response to few releases affected quarter results  Performance in the Quarter  16 films (5 in Jul Sep’06) distributed in Domestic & Overseas including Dhol, Dhamaal, Johnny Gaddar, Cash, Dil Dosti Etc, & Punjabi film ‘Mitti Waajan Mardi’  6 films produced/ Co-produced including Johnny Gaddar, Marigold, RGV ki Aag, Dil Dosti etc, Kireedam & Mitti Wajaan Mardi  Major Films under Production  Vipul Shah’s ‘Singh is King’ starring Akshay Kumar & Katrina Kaif  RGV’s ‘Sarkar Raaj’ - Amitabh Bachchan, Abhishek Bachchan & Aishwarya Rai  Harry Baweja’s ‘Love Story 2050’ starring Harman Baweja & Priyanka Chopra Content: Movies Production & Distribution

6. 6  Current Shows  ‘Jhalak Dikhala Ja’ – rated No.1 on Sony TV  Foray in Tamil space with 2 fiction shows ‘Akka Thalgai’ & ‘Manjal Maghi Mai’, aired on Kalaignar channel, topping the TRPs  Forthcoming Quarter  Over 18 Shows under production  Includes fiction, lifestyle, reality, celebrity, games & quiz shows Content : Television

7. 7 Financial Summary ( Consolidated) Rs. in Cr ParticularsJuly Sep’06Apr Jun ’07July Sep’07 Total Income 71.73 79.99 165.89 EBIDTA 25.56 34.85 27.94 PAT 20.94 21.17 21.04 EPS 5.26 5.32 5.29

8. 8 Never a dull moment For any clarifications please contact V.Devarajan, Chief Financial Officer, Adlabs Films Ltd email: venkat.devarajan@adlabsfilms.com, Mobile: 9320086278