9 MONTH PERIOD ENDING MARCH 31 2008

• Consolidated revenues at Rs 365 crores
• EBIDTA at Rs 77 crores
• PAT at Rs 47 crores
• Dividend of Rs. 2.50 per share (50 %)
  

Mumbai, May 29th 2008 : Adlabs Films Limited (ADLABS), a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, announced its results for the year ended March 31st 2008.

As this is a 9 month period, the audited results would not be comparable with those of the last financial year which was a 15 month period.

Adlabs logged strong growth in all its business segments :

• The cinema division revenue at Rs 127 crores, grew by 86 % on annualized basis. At 166 screens, Adlabs is the largest cinema chain in the country.
• The film processing and allied services revenue at Rs 67 crores, recorded a 16 % increase over the previous year on annualized basis
• The content production and distribution business at Rs 143 crores this year saw a total income growth of 50 % on annualized basis

Venkat Devarajan, CFO – Adlabs Films Ltd, said, “We see a strong year ahead buoyed by several big releases in the forthcoming quarters such as Sarkar Raj, Love Story 2050, Singh is Kinng and more. Our exhibition division is in a major growth phase with the setting up of chains in the US and Malaysia, as well as the continuation of our expansion within India. The state-of-the-art digital post production facility will provide a significant value addition to our processing lab services.”

About Adlabs:  (BSE: 532399, NSE: "ADLABSFILM")
Adlabs Films Limited (www.adlabsfilms.com), a member of the Reliance Anil Dhirubhai Ambani Group, is India’s fastest growing film entertainment company with a dominant position in Film Processing and DI services, Television content and is India's largest cinema chain. Adlabs is a growing player in the film distribution space with a nationwide presence across India as well as offices in London, New York and San Jose.

For more information, please contact:
Anjali Malhotra
Manager – Brand Communications
Adlabs Films Ltd.
Ph: +91 9323021484
Email: anjali.malhotra@adlabsfilms.com