China Mass Media Corp. Announces Shareholder Resolutions Adopted at Extraordinary General Meeting

China Mass Media Corp. Announces Shareholder Resolutions Adopted at Extraordinary General Meeting

BEIJING, July 27 /PRNewswire-Asia-FirstCall/ -- China Mass Media Corp. ("China Mass Media" or the "Company") (NYSE:CMM), a leading media company in China, has announced shareholder resolutions adopted at its extraordinary general meeting of shareholders held in Beijing, China on July 19, 2010.

China Mass Media's shareholders adopted the following resolutions proposed by the Company:

(1) To approve the adoption of the Fifth Amended and Restated Memorandum
and Articles of Association
(2) To approve the adoption of the 2010 share option scheme
(3) To grant a general mandate to the board of directors to issue new
securities and repurchase shares of the Company
(4) To approve the issuance of no more than 71,637,500 ordinary shares,
par value US$0.001 per share, of the Company as a stock dividend
credited as fully paid by capitalizing the profit and loss of the
Company.

About China Mass Media Corp.

As a leading television advertising company in China, the Company provides a full range of advertising services, including advertising agency services, creative production services, public service announcement sponsorship services, and other value added services. The Company currently offers approximately 482 minutes of advertising time slots per day on CCTV Channels 1, 2, 4, E and F. CCTV is the largest television network in China. The Company has produced over 380 advertisements and has won a number of prestigious awards in China and across the world, including the "Gold Medal Award" at The New York Festivals(R) International Television and Film Awards. http://www.chinammia.com/

For further information, contact:

China Mass Media Corp.
Julie Sun
Vice President of Corporate Development
Tel: +86-10-8809-1050
Email: juliesun@chinammia.com

Christensen
Beijing:
Roger Hu
Tel: +86-158-1049-5326
Email: rhu@ChristensenIR.com

United States:
Linda Bergkamp
Tel: +1-480-614-3004
Email: lbergkamp@christensenIR.com

Source: China Mass Media Corp.

CONTACT: China Mass Media Corp., Julie Sun, +86-10-8809-1050, Vice
President of Corporate Development, or juliesun@chinammia.com; or Christensen,
Beijing: Roger Hu, +86-158-1049-5326, or rhu@ChristensenIR.com; United States:
Linda Bergkamp, +1-480-614-3004, or lbergkamp@christensenIR.com

Web site: http://www.chinammia.com/

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