All good things, they say, must come to and end. So it is, also, with bad things. And, so, the third Resident Evil film will be the last. At some point in the next year, the third of the series, entitled Extinction will be released, and will focus on Alice's search for justice.
Phooey. As if there were any sort of justice in the world. Especially for Milla Jovovich. There's no justice for former supermodels. Even in videogame movies. You should thank whatever deity you worship that these movies will finally be coming to an end.
Dark Horizons.com: Third "Resident Evil" Is The Last?