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2007'10.03.Wed
Focus Media Appoints David Zhang as Independent Director; Receives Nasdaq Letter Regarding Listing Requirements
October 01, 2007


    SHANGHAI, China, Oct. 1 /Xinhua-PRNewswire/ -- Focus
Media Holding Limited (Nasdaq: FMCN), China's largest
digital media group, announced that on September 28, 2007,
Mr. David Ying Zhang was appointed to its board of
directors as an independent director.  Mr. Zhang is the
managing director and head of the Beijing office of WI
Harper, a private equity fund. 
 
    Mr. Zhang, 34, has been actively involved in the
building, managing, fundraising and institutionalizing of
WI Harper's Fund VI and has been responsible for
investments in companies including Pollex, Cardiva,
Celestry Designs, Focus Media and iKang Healthcare
Services.  Mr. Zhang joined WI Harper in its San Francisco
office in late 2001 and moved back to China in early 2003.
Prior to joining WI Harper, Mr. Zhang was a senior venture
associate with ABN AMRO Capital and was responsible for
developing and executing various acquisition strategies for
life sciences, information technology and Internet
companies.  Before joining ABN AMRO Capital, Mr. Zhang
worked at Salomon Smith Barney, where he was responsible
for analyzing, structuring and marketing companies in the
Internet, software and semiconductor sectors.  Mr. Zhang
was born in Shanghai, grew up in the United States and
holds a M.S. degree in biotechnology and business from
Northwestern University and a B.S. degree in biology and
chemistry from California State University, San Francisco.

    Jason Jiang, Chairman and CEO of Focus Media noted,
"David brings significant knowledge and expertise
about the media and finance industries in China.  He is a
valuable addition to our board as an independent
director."

    With the appointment of Mr. Zhang, Focus Media's board
regains a majority of independent directors.

    Focus Media also announced today that it received a
letter from Nasdaq Listing Qualifications on September 28,
2007 stating that as a result of the appointment of David
Zhang to its board of directors, Focus Media had regained
compliance with the independent director requirements for
continued listing on The Nasdaq Global Market set forth in
Marketplace Rule 4350.  The letter from Nasdaq noted that
the Company's 2006 annual report indicated that the Company
had four independent and four non-independent directors,
which does not comply with Nasdaq Marketplace Rule 4350. 
The letter stated that, with the appointment of David Zhang
to its board, Focus Media has regained compliance with Rule
4350.
 
    Forward-looking Statements

    This press release includes statements that may
constitute forward-looking statements made pursuant to the
safe harbor provision of the Private Securities Litigation
Reform Act of 1995. This information may involve risks and
uncertainties that could cause actual results to differ
materially from the forward-looking statements. Although
Focus Media believes that the expectations reflected in
such forward-looking statements are based on reasonable
assumptions, such statements are subject to risks and
uncertainties that could cause actual results to differ
materially from those projected.  Potential risks and
uncertainties include, but are not limited to, risks
outlined in Focus Media's filings with the U.S. Securities
and Exchange Commission. Focus Media does not undertake any
obligation to update any forward-looking statement, except
as required under applicable law.

    This release is not an offer of securities for sale in
the United States.  Securities may not be offered or sold
in the United States absent registration or an exemption
from registration.  Any public offering of securities to be
made in the United States will be made by means of a
prospectus that may be obtained from the issuer or selling
security holder and that will contain detailed information
about the company and management, as well as financial
statements.

    About Focus Media Holding Limited

    Focus Media Holding Limited (Nasdaq: FMCN) is the
largest digital media group in China, leading China's
digital out-of-home, mobile advertising and internet
advertising markets.  Based on the audience-centric
approach, Focus Media provides targeted advertising
channels, powered by a broad portfolio of LCD, digital
frame, wireless, internet and other new media technologies,
which cover specific demographic groups and their daily
activities, from office buildings to retail chain stores,
residential buildings, shopping malls, golf country clubs,
airports, and airport transit buses in China.  As of June
30, 2007, Focus Media digital out-of-home had approximately
131,000 LCD display units and 161,400 advertising poster
frames, installed in over 90 cities throughout China and
200 outdoor LED displays in Shanghai.  Over 4,000
international and domestic advertisers have placed
advertisements through our digital out-of-home advertising
networks as of June 30, 2007.  For more information about
Focus Media, please visit our website at
http://ir.focusmedia.cn .


    For more information, please contact:

     Investor and Media contact 
     Jie Chen 
     Focus Media Holding Limited
     Tel:   +86-21-3212-4661 x6607
     Email: ir@focusmedia.cn 
PR
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