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Tim Cheung, Highly Acclaimed Animator, to Head Imagi's Hong Kong Animation Team

(Hong Kong, August 1, 2007) Imagi International Holdings Limited (“IMAGI” / the
“Group”) (Stock Code: 585), today announced the appointment of Tim Cheung as Vice President,
Animation. According to Deputy Chairman, Co-CEO and Chief Creative Officer Francis Kao, Cheung
will oversee the animation for all of IMAGI's CGI feature films, and will manage IMAGI's 400+ Hong
Kong-based animators.

During his twelve years with DreamWorks, Mr. Cheung earned a reputation as one of the
world's top CGI animators. Mr. Cheung has received many kudos for his contributions to the Shrek
trilogy, where he was directing animator, supervising animator and head of character animation,
respectively. He was also a senior animator on Antz, and wrote and directed two award-winning
shorts, Rolling Stone (1995) and Gabola the Great (1997). “Many industry insiders consider Tim
Cheung to be one of the most accomplished animators in the world,” said Francis Kao. “Tim will be
both an important individual contributor at IMAGI, and a mentor for our entire animation crew.”

Mr. Cheung's initial assignments at IMAGI will be the films Gatchaman and Astro Boy, both of
which will be released worldwide in 2009. “IMAGI is doing the most innovative and exciting work in
CGI animation today,” according to Mr. Cheung. “The company is broadening the demographic
appeal of animation by bringing in action hero themes and spectacular, high-energy effects sequences.”

“Tim Cheung's arrival speaks volumes about IMAGI's bright future, and more broadly of the
coming of age of the entire Hong Kong C&G ENTERTAINMENT industry,” said Nicholas Yang, CEO of
Hong Kong Cyberport.

Michael DiComo, Computer Graphics Supervisor of Industrial Light & Magic, adds: “Tim is
one of the very best animators in the world. He has invented techniques that transform good animation
into great animation. The CG animation art form is still in its infancy, and Tim is one of the handful of
visionaries who is shaping its future.”

www.IMAGI.com.hk

Imagi International Holdings Limited (“IMAGI”) is a listed company (Stock Code 585) on the main
board of the Hong Kong Stock Exchange. IMAGI's principal business is the development and
production of computer graphics (“CG”) animated theatrical feature films. IMAGI's first theatrical
movie TMNT was released in March 2007, opening #1 in U.S. box office revenue, only the third time
in history that an Asian-made film has achieved that honour. IMAGI has development operations in Los
Angeles, California, and CG production studios at its Chai Wan (Hong Kong) headquarters.

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