Ontario Superior Court approves Alliance Atlantis Plan of Arrangement



    TORONTO, June 28 /CNW/ - Alliance Atlantis Communications Inc. ("Alliance
Atlantis") and CanWest Global Communications Corp. ("CanWest") today announced
that the Ontario Superior Court of Justice has issued the final order
approving the Plan of Arrangement pursuant to which AA Acquisition Corp., a
subsidiary of CanWest MediaWorks Inc., would acquire all of the outstanding
shares of Alliance Atlantis. This order follows a fairness hearing held
earlier today in connection with the Arrangement. Alliance Atlantis and
CanWest expect the Arrangement to be completed by early August, 2007.
Completion of the Arrangement is subject to the satisfaction or waiver of the
remaining conditions specified in the Arrangement Agreement. Under the terms
of the Arrangement, Alliance Atlantis shareholders will receive $53.00 in cash
for each Alliance Atlantis share.

    About Alliance Atlantis

    Alliance Atlantis offers Canadians 13 well-branded specialty channels
boasting targeted, high-quality programming. Alliance Atlantis also
co-produces and distributes the hit CSI franchise and indirectly holds a 51%
limited partnership interest in Motion Picture Distribution LP, a leading
distributor of motion pictures in Canada, with motion picture distribution
operations in the United Kingdom and Spain. Alliance Atlantis' shares are
listed on the Toronto Stock Exchange-trading symbols AAC.A and AAC.B. Alliance
Atlantis' website is www.allianceatlantis.com.

    About CanWest Global Communications Corp.

    CanWest Global Communications Corp. (www.canwestglobal.com), (TSX: CGS
and CGS.A) an international media company, is Canada's largest media company.
In addition to owning the Global Television Network, CanWest also owns,
operates and/or holds substantial interests in Canada's largest publisher of
daily newspapers, and conventional television, out-of-home advertising,
specialty cable channels, web sites and radio stations and networks in Canada,
New Zealand, Australia, Turkey, Singapore, the United Kingdom and the United
States.

    Forward-Looking Statements

    This press release includes forward-looking statements which reflect the
current expectations of Alliance Atlantis and CanWest. Forward-looking
statements are those which are not historical fact and include in this new
release statements relating to the expected completion date of the
Arrangement. The reader should not place undue reliance on such
forward-looking statements. They involve known and unknown risks,
uncertainties and other factors that may cause them to differ materially from
anticipated future results or expectations expressed or implied by such
forward-looking statements. Certain risks, uncertainties and other factors are
described in materials filed by Alliance Atlantis and CanWest with the
security regulatory authorities in Canada from time to time, which are
available at www.sedar.com. Neither Alliance Atlantis nor CanWest undertakes
any obligation to publicly update or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise.




For further information:

For further information: Alliance Atlantis: Jennifer Bell, tel. (416)
934-7854; CanWest Global: Deb Hutton, tel. (416) 383-2442

Organization Profile

ALLIANCE ATLANTIS COMMUNICATIONS INC.

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CANWEST

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