Dolby Digital 5.1 and Dolby TrueHD Deliver a Premium Surround Sound Experience for PLAYSTATION(R) 3

Dolby Laboratories, Inc. (NYSE:DLB) announced today that
the PLAYSTATION(R) 3 computer entertainment system from Sony Computer
Entertainment Inc. (SCEI) will support Dolby(R) Digital 5.1 surround
sound for next-generation entertainment, including games and movie
titles in the Blu-ray Disc format.
PLAYSTATION 3 will feature interactive Dolby Digital 5.1 surround
sound for games, Dolby Digital, and Dolby TrueHD for decoding up to
7.1 channels for Blu-ray movie playback.
This powerful combination of Dolby technologies allows people to
enjoy movies and games in discrete multichannel surround sound on the
tens of millions of audio/video receivers and home theater systems
worldwide that are equipped with Dolby technology.
"The launch of PLAYSTATION 3 represents the next chapter of gaming
and entertainment," said Izumi Kawanishi, Corporate Executive and
Senior Vice President of Software Platform Development Division, SCEI.
"Dolby TrueHD and Dolby Digital 5.1 complement the tremendous
innovations delivered through PLAYSTATION 3, which offers the best
possible high-definition entertainment experience."
"In the age of high definition, games need to look and sound
better than ever before," said John Griffin, Marketing Director,
Games, Dolby Laboratories. "Dolby TrueHD and Dolby Digital 5.1 will
bring new levels of emotion and realism to movies and games. We think
people will be amazed once they connect their PLAYSTATION 3 to an
audio/video receiver or home theater system."

Availability

Dolby Digital 5.1 surround sound and Dolby TrueHD will be
supported with PLAYSTATION 3, which will be available in Japan on
November 11, 2006 and in North America on November 17, 2006. For more
information, visit www.dolby.com/games.

About Dolby Laboratories

Dolby Laboratories (NYSE:DLB) develops and delivers products and
technologies that make the entertainment experience more realistic and
immersive. For four decades Dolby has been at the forefront of
defining high-quality audio and surround sound in cinema, broadcast,
home audio systems, cars, DVDs, headphones, games, televisions, and
personal computers. Based in San Francisco with European headquarters
in England, the company has entertainment industry liaison offices in
New York and Los Angeles, and licensing liaison offices in London,
Shanghai, Beijing, Hong Kong, and Tokyo. For more information about
Dolby Laboratories or Dolby technologies, please visit www.dolby.com.

Certain statements in this press release, including statements
regarding the performance, capabilities, impact and benefits of Dolby
Digital and Dolby TrueHD technologies, the anticipated or potential
benefits that Dolby customers may derive from these products and
technologies, and the timing and availability of the PLAYSTATION 3,
are "forward-looking statements" that are subject to risks and
uncertainties. These risks and uncertainties, which could cause the
forward-looking statements to differ materially from anticipated
results, include, without limitation, risks that Dolby Digital and
Dolby TrueHD may not perform as anticipated; risks associated with the
market acceptance and adoption of surround sound technologies for
video games, video game consoles and Blu-ray Disc format products;
competition involving sound technologies in these products; rapid
changes in surround sound technologies for these products; the
development of industry standards for sound technologies in these
products and the ability to have Dolby technologies adopted as
industry standards therein; and other risks detailed in Dolby's
Securities and Exchange Commission filings and reports, including the
risks identified under the section captioned "Risk Factors" in its
Annual Report on Form 10-K and its most recent Quarterly Report on
Form 10-Q. Dolby disclaims any obligation to update information
contained in these forward-looking statements whether as a result of
new information, future events, or otherwise.

Dolby and the double-D symbol are registered trademarks of Dolby
Laboratories. PLAYSTATION is a registered trademark of Sony Computer
Entertainment Inc. S06/17552 DLB-G