Alliance Atlantis Reports 32-Percent Gain in Revenues

TORONTO, May 15: Growth in broadcast advertising sales and
worldwide sales of the CSI franchise led
to a 32 percent increase in first-quarter revenues to C$358 million at Alliance Atlantis
Communications.

The net profit was C$41.2 million compared to C$21.5 million
for the three months ended March 31, 2006.

"We are pleased to announce that our advertising
revenue increased by 16.1 percent due to strong audience growth and our
subscriber revenue increased 8.5 percent due to steady gains in subscriber
volumes made by all our channels," said Phyllis Yaffe, the company’s CEO.
"The CSI franchise continued its
exceptional performance, recording revenue growth of 74.3 percent during the
quarter, fuelled by strong international second window sales."

Broadcasting recorded revenue growth of 11.9 percent to C$78
million. Subscriber revenue grew by 8.5 percent to C$35.7 million and
advertising revenue grew by 16.1 percent to C$41.9 million.

CSI revenues were up 74.3 percent to C$162.3 million and
direct profit of C$62.3 million increased 79 percent.