Dear Sirs: We have acted as your counsel in connection with your offer to purchase up to all of the issued and outstanding common shares of Lions Gate Entertainment Corp. dated March 1, 2010 (the “Offer”), as amended on the date hereof, and the related circular (the “Circular”) included in the Schedule TO filed with the United States Securities and Exchange Commission (the “Commission”) and the Notice of Variation and Extension (the “Notice”) included in Amendment No. 1 to the Schedule TO filed with the Commission. For the purposes of this opinion, we have reviewed the Offer and Circular and the Notice and such other documents and matters of law and fact as we have considered necessary or appropriate, and we have assumed that the Offer will be completed in the manner set forth in the Offer and Circular and the Notice. On the basis of the foregoing, and our consideration of such other matters of fact and law as we have deemed necessary or appropriate, we hereby confirm our opinion as set forth under the heading “Material Canadian Federal Income Tax Considerations” in the Circular, as amended by the Notice, subject to the limitations set forth therein. Our opinion is limited to the federal income tax laws of Canada and does not purport to discuss the consequences or effectiveness of the Offer under any other laws. We hereby consent to the filing of our opinion as an exhibit to the Schedule TO, as amended, and to the reference to us under the headings “Material Canadian Federal Income Tax Considerations” and “Legal Matters” in the Circular, as amended by the Notice. In giving such consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended. Yours very truly, OSLER, HOSKIN & HARCOURTLLP | 
