Focus Media Holding Ltd.

Mr. Jason Nanchun Jiang is an independent director of our company. He has served as the chairman of the board of directors and chief executive officer of Focus Media Holding Limited since 2003. From 1994 to 2003, Mr. Jiang was the chief executive officer of Everease Advertising Corporation, which is one of the top 50 advertising agencies in China. Starting in 2003, Mr. Jiang was general manager of Aiqi Advertising, an advertising company founded by his immediate family members in 1997, which was renamed Focus Media Advertisement in May 2003 in connection with the establishment of its current business operations. Mr. Jiang received a Bachelor of Arts degree in Chinese language and literature from Huadong Normal University in 1995.

Cindy Yan Chan joined Focus Media as chief strategy officer in August 2005. Before joining Focus Media, Ms. Chan was Deputy General Manger for iMPACT of ZenithOptimedia from 2000 to 2005. In this capacity, she built the iMPACT, ZenithOptimedia’s outdoor media department that provides its advertising clients with outdoor media solutions and full media services including outdoor media planning and negotiation, monitoring the effectiveness of outdoor media and researching the development of outdoor media and new media. Ms. Chan has also published articles on the theory of outdoor media and China’s outdoor media market and has been quoted in publications such as Forbes magazine. Prior to ZenithOptimedia, Ms. Chan had five years of sales and marketing experience in a joint-venture electronic equipment company and ten years of experience in Qingdao Municipal Bureau of Labor. Ms. Chan holds master’s degree in Economics from NanKai University.

Ergo Liu has been our vice president of operations since November 2004. From May 2003 to November 2004, Mr. Liu was the general manager of Focus Media Advertisement. Prior to joining us, Mr. Liu was the chairman and chief executive officer of Beijing Fanen Changmei Advertising Co., Ltd. from June 2002 to April 2003. From 2001 to 2002, Mr. Liu was the general manager of Manager Magazine. From 1999 to 2001, Mr. Liu worked in Business Department of Shenzhen Special Economic Zone (Group) Corp. and was a vice president of Yigao Electronics Co., Ltd. Mr. Liu received a B.A. degree in Chinese literature from Huadong Technology University.

Charles Guowei Cao has served as our director since November 2005. Mr. Cao is President and Chief Financial Officer of SINA, a leading online media company and value-added information service provider for China and for global Chinese communities. Mr. Chao joined SINA as Vice President of Finance in September 1999 and has since played a vital role in the success of the Company's past mergers and acquisitions and in forming such strategic alliances with Coca-Cola, ChinaHR, Elong and BBK. Prior to joining SINA, Mr. Chao served as an experienced audit manager with PricewaterhouseCoopers LLP, a Big Four accounting firm, providing auditing and business consulting services for high tech companies in Silicon Valley, California. Mr. Chao received his Master of Professional Accounting from University of Texas at Austin. He also holds an MA degree in Journalism from University of Oklahoma and a BA degree in Journalism from Fudan University in Shanghai, China. Mr. Chao is a certified public accountant and a member of the American Institute of Certified Public Accountants.

Charles Chao has served as a director and Chief Executive Officer since May 2006. Mr. Chao has served as our President since September 2005 and as our Chief Financial Officer from February 2001 to May 2006. Mr. Chao served as our Co-Chief Operating Officer from July 2004 to September 2005. Mr. Chao served as our Executive Vice President from April 2002 to June 2003. From September 1999 to January 2001, Mr. Chao served as our Vice President, Finance. Mr. Chao has played a vital role in building SINA into an Internet media and online advertising giant in China. He is largely responsible in the success of our past mergers and acquisitions. Prior to joining us, Mr. Chao served as an experienced audit manager at PricewaterhouseCoopers, LLP. Prior to that, Mr. Chao was a news correspondent at Shanghai Media Group. Mr. Chao is currently a director of Focus Media, an out-of-home media and advertising network company, NetDragon Websoft Inc., a company providing technology for online gaming, and E-House (China) Holdings Limited, a company providing real estate services and information in China. Mr. Chao holds a Master of Professional Accounting degree from University of Texas at Austin, an M.A. in Journalism from University of Oklahoma and a B.A. in Journalism from Fudan University in Shanghai, China.

Daqing Qi was appointed as our director in February 28, 2006 upon the closing of our acquisition of Target Media. Professor Qi is professor of accounting and associate dean of the Cheong Kong Graduate School of Business, dwhere he has taught since 2002. From 1996 until 2002, Professor Qi was an associate professor in the School of Accountancy at the Chinese University of Hong Kong. Professor Qi also has extensive experience in providing executive training and consulting services in accounting and corporate finance to government departments and private companies, including the Ministry of Information Industries of the People’s Republic of China, the Shanghai Municipal Government, China Mobile, China Unicom, China Telecom, China Netcom, Nokia and Ericsson. Professor Qi also serves on the board of directors of Sohu.com, a Nasdaq-listed company that provides online services in China. Professor Qi holds a B.S. degree in biophysics and a B.A. degree in journalism from Fudan University, an MBA degree from the University of Hawaii Manoa with a concentration in accounting and finance and a Ph.D. degree in accounting from the Eli Broad Graduate School of Management of Michigan State University.

Fumin Zhuo has served as our director since December 2004 and has more than 27 years of experience in investment and corporate management. Mr. Zhuo is Chairman of the board for Chengfu Enterprise Management Company since September 2005. Prior to that, Mr. Zhuo has served as chairman and chief executive officer of Vertex China Investment Fund (VCI), a fund concentrating in investments in the Greater China region, since he joined the fund in July 2002. From 1995 to July 2002, Mr. Zhuo was chief executive officer of Shanghai Industrial Investment Corporation and chairman of SIIC Medical Science & Technology (Group). Prior to this, starting in 1987, Mr. Zhuo served as chief assistant officer of the Shanghai Economic System Reform Committee. Mr. Zhuo has extensive experience in venture capital fund formation, mergers and acquisitions, and investment management. Mr. Zhuo graduated from Shanghai Jiaotong University with a degree in enterprise management and also holds a Master's degree in economics from Fudan University.

Jimmy Wei Yu has served as our director since May 2003. Mr. Yu is the chairman and chief executive officer of United Capital Investment (China) limited, which is one of our principal shareholders and the management company of United China Investment Limited and KTB/UCI China Ventures I Limited and UCI China Venture II Limited. Mr. Yu is also the Chairman of Shanghai Multimedia Park Venture Capital, a position he has held since 2003. From 1995 to 1999, Mr. Yu served in various capacities in several telecommunications companies, including as Chief Representative of UTStarcom (Hong Kong) Ltd. He also has been the Chief Representative of Softbank China Venture Capital, which is the management company of SB China Holdings Pte. Ltd., one of our shareholders since its incorporation in 1999.