EXCLUSIVE: Nu Image will kick off talks on what is likely to become one of the must-haves of the market as Gerard Butler, Aaron Eckhart and Morgan Freeman prepare to reprise their roles from the original action smash.

Millennium Films is producing and financing London Has Fallen and Alan Siegel and Gerard Butler’s G-Base will also produce. Focus Features is likely to distribute in the US under the auspices of incoming CEO Peter Schlessel, whose FilmDistrict released the original last March.

Shooting is scheduled to begin in London on May 5 2014 on the story of a plot to strike the city during the funeral of the British Prime Minister. Only the President Of The United States, his secret service head and an English MI6 agent can save the day. Angela Bassett and Radha Mitchell also star.

Butler, Siegel, Mark Gill, Matt O’Toole and Danny Lerner will serve as producers while executive producers are Avi Lerner, Trevor Short, Boaz Davidson, John Thompson and Christine Crow.

Katrin Benedikt and Creighton Rothenberger will return to write the screenplay and the producers are out to directors.

Olympus Has Fallen (pictured) scored $161m worldwide earlier this year, of which $62.1m came from international and $98.9m from domestic box office.