1. 1 Adlabs Films Ltd. Investor Update : Q5 FY 2007 September 13, 2007

2. 2 Highlights  105 Exhibition screens as of date - India’s largest cinema chain  Adlabs Cinemas won the “Most Admired Retailer of the year : Entertainment ”from 4 th IMAGES Retail Awards (IRA) 2007 in Sep’07  Adlabs won the “Best Processed Film Award ” for the film Kabhi Alvida Na Kehna at Zee Cine Awards  Won 53 rd National Film Award for “Best Cinematography in short film category” for the film Parsiwada, Tarapore – Present Day  Successfully distributed films like Spider-Man 3, Bheja Fry, Aap Ka Suroor  Co-produced Namastey London and Nishabd.  Synergy Adlabs launching second season of Jhalak Dikhhla Jaa, Over 10 shows under production

3. 3 Highlights of Financial Performance  For the 15 Months Period Ended March 2007 Consolidated Revenue at Rs. 428.2 Crores, Y-O-Y growth 226% ( Prev Year: Rs.131.1 Crores) Consolidated EBIDTA at Rs. 133.7 Crores, Y-O-Y growth 164% ( Prev Year: Rs. 50.6 Crores) Consolidated PAT at Rs. 90.9 Crores, Y-O-Y growth 222% ( Prev Year: Rs. 28.2 Crores) Consolidated EBIDTA from Operations Rs. 78.0 Crores, YOY growth 64% ( PY: Rs. 47.4 Crores)  For the Quarter Ended Jun’07 Consolidated Revenue at Rs.80.0 Crores, Y-O-Y growth 22% (Apr Jun’06 : Rs. 65.8 Crores) Consolidated EBIDTA at Rs. 34.9 Crores, Y-O-Y growth 58% (Apr Jun’06 : Rs. 22.1 Crores) Consolidated PBT at Rs. 29.7 Crore, Y-O-Y growth 51% (Apr Jun’06 : Rs. 19.6 Crores) Consolidated PAT at Rs. 21.2 Crores, Y-O-Y growth 56% (Apr Jun’06 : Rs. 13.6 Crores)

4. 4  Financials for Q5  Revenue at Rs.13.2 Crores (Apr Jun’06 - Rs. 22.76 Crores)  EBIDTA at Rs.2.85 Crores (Apr Jun’06 - Rs. 4.28 Crores)  Performance in Q5  Successfully distributed prestigious films: Spider-Man 3, Aap Ka Suroor & Bheja Fry  No film released in Production in the quarter  Releases in the Forthcoming Quarter  Cash, Dhol, Dhamaal, Johnny Gaddaar Content: Movies Production & Distribution

5. 5  Financials in Q5  Revenue, Rs.20.3 Cr (Apr Jun’06- Rs.16.3 Cr), YOY growth 24%  EBIDTA, Rs.7.9 Cr (Apr Jun’06- Rs.6.4 Cr), YOY growth 24%  Performance in Q5  Processed 5,287 (3865 in Apr Jun’06) prints processed at Mumbai, Chennai & Kolkata  100% growth in the number of films processed  68 films (34 in Apr Jun’06) films processed during the Quarter Services : Processing Lab

6. 6  Financials in Q5  Revenue at Rs.27.4 Crores (Apr Jun’06- Rs.19.1 Cr ), YOY growth 44%  EBIDTA at Rs.4.5 Crores (Apr Jun’06- Rs.4.5 Cr )  EBIDTA level maintained, despite some properties moving out of E-Tax exemption zone  Performance in Q5  Average Ticket PriceRs.129 (YOY growth at 20%)  Average F&B Per PersonRs.30(YOY growth at 10%)  Capacity  Current: 32 properties spread over 24 Cities with 105 screens.  Targeting 150 screens by Dec ’07 pan India Cinemas

7. 7 ParticularsQ1 07Q4 07Q5 07FY 06 FY 07 (15 Mths) Total Income65.8105.880.0131.1428.2 EBIDTA22.123.734.950.6133.8 PBT19.618.229.741.9112.9 PAT13.615.321.228.290.9 EPS3.413.855.328.6022.84 Financial Summary ( Consolidated) Rs. in Cr

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