AirMedia Announces Management Change

Beijing : AirMedia Group Inc. , a leading operator of out-of- home advertising platforms in China targeting mid-to-high-end consumers, has announced that Dr. Li Zeng, the Company’s vice president, will supervise its business of traditional media in airports going forward. AirMedia also announced that Ken Zijian Zeng has stepped down as executive president, and will serve as AirMedia’s consultant.

Ken Zijian Zeng joined the Company in January 2008. During his tenure, Ken Zijian Zeng led the Company’s entry into traditional media in the airports of Beijing, Shenzhen and Wenzhou, and was in charge of the Company’s overall operation of traditional media in airports.

“We would like to thank Ken for his contributions to AirMedia and look forward to his ongoing contribution to AirMedia in a consulting capacity,” remarked Herman Guo, chairman and chief executive officer of AirMedia. “Given Dr. Zeng’s depth of knowledge of media and advertising, I have strong confidence in the continued improvement in sales of our traditional media in airports in 2010.”

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