AirMedia to Attend Three Investor Conferences and Conduct U.S. Non-Deal Roadshow During May 2008

BEIJING, May 2 /Xinhua-PRNewswire/ — AirMedia Group Inc. , the operator of the largest digital media network in China dedicated to air travel advertising, today announced that it is scheduled to present at three investment banking conferences including the Brean Murray, Carret & Co. All-Cap All-China Conference, the Oppenheimer’s 2nd Annual China Dragon Call Conference in New York City, and the CLSA Corporate Access Forum in Singapore. AirMedia will also conduct a Non-Deal Roadshow in the United States during the period.

   Non-Deal Roadshow   Attendees: Conor Yang, Chief Financial Officer              Raymond Huang, Investor Relations Director   Date:      Monday, May 12, 2008 – Friday, May 16, 2008   Venue:     San Francisco, Los Angeles, Dallas, Boston, New York   Organizer: Susquehanna International Group, LLP    Conference Details   Brean Murray, Carret & Co. All-Cap All-China Conference   Attendees: Herman Man Guo, Chairman and Chief Executive Officer              Conor Yang, Chief Financial Officer              Raymond Huang, Investor Relations Director   Date:      Monday, May 19, 2008   Time:      2:00-2:40 PM (Eastern Time)   Location:  The Waldorf =Astoria Collection, New York City, U.S.    Oppenheimer’s 2nd Annual China Dragon Call Conference   Attendees: Herman Man Guo, Chairman and Chief Executive Officer              Conor Yang, Chief Financial Officer              Raymond Huang, Investor Relations Director   Date:      Tuesday, May 20, 2008   Time:      10:40 to 11:20 AM (Eastern Time)   Location:  Oppenheimer’s Executive Conference Center, New York City, U.S.   Web Cast:  http://ir.airmedia.net.cn/    CLSA Corporate Access Forum   Attendees: Conor Yang, Chief Financial Officer              Raymond Huang, Investor Relations Director   Date:      Thursday, May 22, 2008   Time:      4.00-5.00 PM (Singapore Time)   Location:  Mandarin Oriental, Singapore    About AirMedia Group Inc.  

AirMedia Group Inc. operates the largest digital media network in China dedicated to air travel advertising. AirMedia has contractual concession rights to operate digital TV screens in 53 airports, including 29 out of the 30 largest airports in China, and has contractual concession rights to place its programs on the routes operated by 9 airlines, including the three largest airlines in China. In addition, AirMedia also has contractual concession rights to operate digital frames of 46 to 50 inches and large-size digital frames ranging from 63 to 70 inches in several major airports. AirMedia also offers advertisers other media platforms in airports, such as 360-degree LED displays, mega display screens, and shuttle bus displays etc. For more information about AirMedia, please visit http://www.airmedia.net.cn/.

   Investor Contact:   Raymond Huang   Investor Relations Director   Tel:   +86-10-8460-8678   Email: ir@airmedia.net.cn    FD Beijing   Julian Wilson   Tel:   +86-10-8591-1951   Email: julian.wilson@fd.com    Peter Schmidt   Tel:   +86-10-8591-1953   Email: peter.schmidt@fd.com  

AirMedia Group Inc.

CONTACT: Raymond Huang, Investor Relations Director, +86-10-8460-8678,ir@airmedia.net.cn, Julian Wilson, +86-10-8591-1951, julian.wilson@fd.com, orPeter Schmidt, +86-10-8591-1953, peter.schmidt@fd.com, both of FD Beijing

Web site: http://www.airmedia.net.cn/