treasure trove to be had from his unsuspecting new neighbors. Together, Verne and R.J. form an unlikely friendship as they observe and exploit this strange new world called suburbia. As March 2005, one third of Over the Hedge was in production, with three quarters of the film’s final voices recorded. Flushed Away. Flushed Away marks the third collaboration between us and Aardman Animations. Sophisticated socialite rat, Roderick St. James, lives a charmed life in a posh Kensington flat. Accidentally flushed down his own loo, Roddy winds up in the sewer and strikes a deal with a street-smart rat named Rita to take him home. As they voyage through the sewer, a thriving underground “Ratropolis” full of both great charm and peril, sparks fly between our rats from opposite worlds. But when Roddy realizes this secret city is facing disaster, he is forced to choose between the life of privilege “up top” and Rita and the citizens of Ratropolis. As of March 2005, one third of Flushed Away was in production with three quarters of the film’s final voices recorded. Shrek 3. Shrek 2, the #1 comedy film of all time, based on domestic box office receipts, continues with Shrek 3. Mike Myers, Eddie Murphy, Cameron Diaz, Antonio Banderas, and the behind-the-scenes talent of Shrek 2 return for this new adventure. As of March 2005, Shrek 3 was in pre-production, with production set to commenceinmid-2005. Bees. Bees, a comedy featuring the voice of Jerry Seinfeld, is scheduled for release in the fall of 2007. Released Films To date, we have theatrically released nine animated feature films and one direct-to-video film. Each of these films continues to generate first-cycle revenue. The table below lists our animated films produced and released to date and the domestic box office receipts and worldwide home video units and revenue by film. Domestic box office receipts represent the amounts collected by theatrical exhibitors for exhibition of films and do not represent measures of revenue. Worldwide home video revenue represents gross revenue generated by our films as of December 31, 2004. Domestic Worldwide Worldwide Box Home Home Domestic Office VideoUnits Video (1) Title Release Date Receipts Sold Revenue (As of 12/31/04) (As of 12/31/04) (In millions) CGAnimated Shrek 2 ................................... May19,2004 $436.7 33.7 $554.8 Shrek .................................... May18,2001 267.7 47.4 605.5 Shark Tale ................................ Oct. 1, 2004 160.8 — (2) — (2) Antz ..................................... Oct. 2, 1998 90.6 15.1 156.2 Primarily Hand-DrawnandOther Chicken Run (stop-motion)(3) ................. June 21, 2000 106.8 9.4 108.2 ThePrince of Egypt ......................... Dec. 18, 1998 101.3 13.8 178.0 Spirit: Stallion of the Cimarron ............... May24,2002 73.3 12.2 154.9 TheRoadtoElDorado ...................... Mar. 31, 2000 50.9 6.6 67.2 Sinbad: Legend of the Seven Seas .............. July 06, 2003 26.4 4.8 55.7 Joseph: King of Dreams (direct-to-video) ....... Nov. 7, 2000 N/A 2.8 27.2 (1) Source: Variety. In the past, our distributors’ percentage of box office receipts has generally ranged from an effective rate of over 50% to 35% depending on the financial success of the motion picture and the number of weeks that it plays at the box office. Under the Distribution Agreement, the portion of domestic box office receipts that we recognize as revenue for a film is reduced by the distribution and marketing costs and 8%distribution fee with respect to that film that DreamWorks Studios recoups. (2) Shark Tale’s home video unit sales are not included in this table, as it was released in the home video market on February 8, 2005. (3) Produced by Aardman Animations and co-financed and distributed by us in certain territories. 7