Focus Media: Responded to the inquiry letter regarding the purchase of 90.02% equity interest in New Trend Media.

Focus Media announced that the company plans to purchase 90.02% of the equity of Chengdu New Trend Media Group Co., Ltd. by issuing shares and paying cash. The company received an inquiry letter from the Shenzhen Stock Exchange on January 23 and has explained, argued, and replied to the relevant matters together with the relevant intermediary institutions. This transaction still needs to be approved by the Shenzhen Stock Exchange, approved by the China Securities Regulatory Commission, and pass the review of the State Administration for Market Regulation's Anti-Monopoly Bureau. It is uncertain whether the approval will be granted and the approval time.