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Monday, September 19, 2011

FMCN($FMCN) : Focus Media Holdings

Focus Media Holdings Ltd. (FMCN):
Focus Media Holding Limited (Focus Media) operates an interactive digital media network. The Company offers interactive digital media platforms aimed at Chinese consumers. As of March 31, 2011, Focus Media’s out-of-home interactive digital media network had approximately 170,000 liquid crystal display (LCD) displays in about 90,500 commercial buildings that covered more than 90 cities; 378,000 in-elevator poster and digital picture frames in residential buildings that covered more than 30 cities; approximately 49,000 LCD displays in more than 2,700 hypermarkets, supermarkets and convenience stores, and approximately 1,700 movie screens in about 280 movie theaters throughout China. On July 30, 2010, the Company sold its remaining 62% interest in Allyes Information Technology Company Limited (Allyes) to Silver Lake Management, L.L.C. (Silver Lake). On January 13, 2011, it purchased a 15% interest in VisionChina Media Inc. (VisionChina Media).






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