DREAMWORLD UNVEILS SPECTACULAR END TO 2011:

NEW WORLD-CLASS ENTERTAINMENT ALLIANCE WITH DREAMWORKS ANIMATION 

Dreamworld on the Gold Coast, Australia has revealed a new and world-class alliance with the innovative global entertainment brand, DreamWorks Animation SKG, Inc. (Nasdaq: DWA), in the park’s most anticipated announcement for the year. 

The most exciting and extensive development currently underway in any Australian theme park, Dreamworld’s new DreamWorks Animation-themed lands will welcome guests inside the very worlds of their favourite animated characters, inspired by the iconic DreamWorks Animation franchises. Well-loved characters including Shrek, Puss in Boots, Po from Kung Fu Panda, Alex the Lion from Madagascar, and many others will soon appear at Dreamworld all year round. 

Dreamworld Chief Executive Officer Todd Coates said, “We are really excited to have formed a long term strategic alliance with one of the most visionary entertainment companies in the world. The DreamWorks Animation brand is a household name, and we have no doubt that featuring the characters and worlds from their movies will be a great draw for our park.”

“Dreamworld has done a fantastic job of creating quality entertainment experiences for their customers and we look forward to joining forces with the largest theme park in Australia, a hugely important market for us,” added DreamWorks Animation Chief Executive Officer Jeffrey Katzenberg. “The alliance between Dreamworld and DreamWorks represents yet another opportunity for families across the globe to interact with our characters in new and exciting ways.”

The alliance will be revealed over three phases commencing with the DreamWorks Holiday Shrektacular Show this summer season. The stage spectacular will feature eight of DreamWorks Animation’s beloved characters performing a host of popular holiday-themed songs.

In an Australian theme park first, phase two will open for the 2012 Easter holiday period with a new 8,400sqm DreamWorks Experience precinct, which will transform the heart of Dreamworld. Guests of all ages will be invited to step directly into the story as they enter these immersive lands: come face to face and interact with their favourite animated heroes, enjoy festive musical shows, ride all-new attractions, and delight in imaginative food, beverage and merchandise offerings. The precinct’s cornerstone rides will capture memorable moments from DreamWorks Animation’s blockbuster films.

The exciting third phase, which is currently in development, will include a Kung Fu garden where families can meet Po from Kung Fu Panda and enjoy lunch or refreshments.

The addition of the DreamWorks Animation brand tops off a huge year for Dreamworld as it celebrates its 30th birthday.  An impressive line-up of new attractions, including the new exotic animal enclosure, The Lair, family adventure ride, ShockWave, and Big 7 thrill ride, BuzzSaw, account for the largest capital investment spend in a number of years.

For more information on Dreamworld visit www.dreamworld.com.au.

ENDS

About Dreamworld:

In 1974, John Longhurst bought 85 hectares of bushland, half way between Brisbane and the Gold Coast to build his dream. With a few attractions and a lot of heart, Dreamworld opened to the public on December 15, 1981.  Now, close to 30 years on, Dreamworld is the biggest theme park in Australia and welcomes some 1.5 million national and international guests through its gates each year.  Home to more than 40 attractions, the park’s Big 7 Thrill Rides are amongst the world’s tallest and fastest, and include BuzzSaw, The Cyclone, The Wipeout, The Claw, The Tower of Terror II, Mick Doohan’s MotoCoaster and The Giant Drop.  Dreamworld also comprises a number of interactive attractions and family zones such as Tiger Island, The Australian Wildlife Experience, FlowRider, V8 Supercars Redline, AVPX and Wiggles World, which combine to position Dreamworld as a hallmark destination in its own right. 

About DreamWorks Animation:

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 three consecutive years.  In 2011, DreamWorks Animation ranks #10 on the list.  All of DreamWorks Animation’s feature films are now being produced in 3D.  The Company has theatrically released a total of 23 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How To Train Your Dragon.