London, 6 December 2006 – Baker & McKenzie announced today that it has acted as transaction counsel in the $106 million initial public offering of Cinema City N.V., a Dutch incorporated company that is Central and Eastern Europe's largest multiplex operator. Cinema City currently operates 335 screens at 35 multiplexes and seven IMAX cinemas in Poland, Hungary, the Czech Republic and Bulgaria, and is one of the two largest cinema operators in Israel, where it has 131 screens at 23 multiplexes. The shares were listed on the Warsaw Stock Exchange.

Partner Clive Cook commented: "This was a transaction that played to our strength in depth in Central Europe and our 'one stop shop ability' with the capacity to liaise with regulatory authorities in several jurisdictions within one Firm."

The Baker & McKenzie London team was led by Clive Cook, partner, and Federico Salinas, associate, with Sophie Chandauka, associate, assisting. Konrad Konarski, partner, led the Warsaw team, which included Ewa Bober, associate. Maarten van Luyn, partner, led the Amsterdam team, with Marc Rijkaart, associate.

CA IB were lead managers and ING were co-managers, advised by Hogan & Hartson, Warsaw. Mark Segall of Kidron Corporate Advisors, a New York advisory boutique, acted as financial advisor to Cinema City.