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Gary Oldman, Michelle Yeoh, Jean Claude Van Damme and Victor Garber Join Cast of DreamWorks Animation's 'Kung Fu Panda: The Kaboom of Doom'

Release Date Moved Up To Memorial Day Weekend, May 27, 2011


News provided by

DreamWorks Animation SKG, Inc.

May 25, 2010, 09:00 ET

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GLENDALE, Calif., May 25 /PRNewswire-FirstCall/ -- DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today announced that Gary Oldman, Michelle Yeoh, Jean Claude Van Damme and Victor Garber will join Jack Black, Angelina Jolie, Dustin Hoffman, Jackie Chan, Seth Rogen, Lucy Liu, David Cross and James Hong in its upcoming film, "Kung Fu Panda: The Kaboom of Doom," which is now scheduled to be released on May 27, 2011 (Memorial Day weekend). The previously announced release date was June 3, 2011.

Oldman voices the character of Lord Shen (a peacock), the film's formidable new villain while Yeoh brings to life the mystical character of The Soothsayer (a goat). Van Damme and Garber round out the cast as Master Croc and Master Thundering Rhino, respectively.

"In the sequel, Po goes on an amazing personal journey and we are thrilled to have assembled such a talented and well-respected group of actors to bring to life our new characters, who – alongside our returning cast – play such a critical role in Po's quest and his ultimate triumph over the forces of evil," said Melissa Cobb, Producer of both "Kung Fu Panda" and its sequel.

During its theatrical run in 2008, "Kung Fu Panda" – DreamWorks Animation's most successful original film ever – reached over $631 million in worldwide box office. The sequel will follow Po, the world's biggest kung fu fan, as he continues his journey as the chosen one who fulfills an ancient prophesy while mastering the art of kung fu. "Kung Fu Panda: The Kaboom of Doom" is directed by Jennifer Yuh Nelson and produced by Melissa Cobb. Jonathan Aibel and Glenn Berger, who wrote and co-produced the original film, also return.

About DreamWorks Animation SKG

DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series, live entertainment properties and online virtual worlds, meant for audiences around the world. The Company has world-class creative talent, a strong and experienced management team and advanced filmmaking technology and techniques. DreamWorks Animation has been named one of the "100 Best Companies to Work For" by FORTUNE® Magazine for two 2 consecutive years. In 2010, DreamWorks Animation ranks #6 on the list. All of DreamWorks Animation's feature films are now being produced in 3D. The Company has theatrically released a total of 20 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. DreamWorks Animation's next feature film is Megamind, scheduled to be released in 3D on November 5, 2010.

Caution Concerning Forward-Looking Statements

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's plans, prospects, strategies, proposals and our beliefs and expectations concerning performance of our current and future releases and anticipated talent, directors and storyline for our upcoming films and other projects, constitute forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties include: audience acceptance of our films, our dependence on the success of a limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of motion pictures, the effect of rapid technological change or alternative forms of entertainment and our need to protect our proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and risks involved in the development and production of animated feature projects, the release dates for the projects described in this document may be delayed. For a further list and description of such risks and uncertainties, see the reports filed by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our most recent quarterly reports on Form 10-Q. DreamWorks Animation is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

SOURCE DreamWorks Animation SKG, Inc.

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