Having just watched this special blu-ray edition of this 1948 classic, I can confirm that unlike the DVD this does contain subtitles, useful as my hearing was badly damaged years ago. For anyone familiar with UK TV showings of this classic, all prints have been a disappointment. All scratched and worn out. Well this new blu-ray is a revelation. Superbly restored with a level of detail I didn't think possible. The grain structure is intact with a very clear mono soundtrack that even someone with my loss of hearing can still hear with the emphasis on the characters talking. The blacks are rich and detail you have to see to believe. The extras while light are very very good and I honestly don't think you could add any more to the package. A running commentary from an historian would have been nice but don't let the lack of extras put you off. It's a must buy and a joy to see the continuing trend for restored old classic films.