SOURCE: AFA Music Group, Ltd.

November 29, 2007 08:31 ET

AFA Music Group Completes First Album for New Digital Music Label

WHITE PLAINS, NY--(Marketwire - November 29, 2007) - AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce that recording artist, "Balay," will release her debut album on its new digital music label. She has completed the record, tentatively titled "Belong," which is slated for release in early 2008.

The album was produced by AFA Music Group's Tommy Henriksen, and recorded at the Company's recording studio in Van Nuys, California. Balay, 21, is well known in the Los Angeles music scene for her soaring vocals and commanding presence. Her music can be classified as alternative pop with a mixture of influences. "Valley Girls Are Easy" will be the first single from the album, which will be available via download directly from AFA Music Group's Web site.

Balay was previously signed with Geffen Records and originally signed by Ron Fair, noted for the early signings of Fergie, Black Eyed Peas and Christina Aguilera. She sings all of the vocals on the album with instruments and programming by Mr. Henriksen.

"She's a superb vocalist with a great image. Her appeal will likely cross several genres and we envision that her videos will gain her a great deal of attention. She will make a great impact on the music business and we are extremely confident that the album will be successful," stated Jon Goldwater, President and CEO of AFA Music Group, Ltd.

For more information about Balay, see her artist page on the AFA Music Group site at the following link:

About AFA Music Group, Ltd.:

AFA "Artists for Artists" is a talent development and management agency. Since being founded in 2005, and based on its philosophy, AFA has attracted a roster of 10 "major-quality" recording artists. AFA Music Group plans to simultaneously acquire various music-publishing assets and to begin developing its own catalogue of artists and albums. The Company plans to launch its own digital music label in the first quarter of 2008 and make all music downloads, merchandise, art work, photos, and other artist information available through the Company's Web site, AFA retains equity positions with all of its artists, which include all income streams generated by these artists. These income streams include recording royalties, merchandise, sponsorship, touring, music publishing, Internet downloads and ringtones.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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