SOURCE: AFA Music Group, Ltd.

December 13, 2007 08:31 ET

AFA Music Group CEO Discusses Strategy for Success in WallSt.net Interview

WHITE PLAINS, NY--(Marketwire - December 13, 2007) - AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce that the Company's CEO, Jon Goldwater, has been featured in an online interview on WallSt.net. Mr. Goldwater focused on the Company's future during the interview, particularly the planned launch of the Company's new digital music label. He answered questions regarding the Company's revenues, its business model and its potential value to investors.

Mr. Goldwater gave updates about the Company's artists' album projects and plans for the Company's digital music label. He also explained that AFA Music Group forms partnerships with its artists, setting it apart from traditional record companies, which tend to dictate performance and promotion.

"We ask the artist to get involved in all aspects of their career including music, artwork, photography, album covers and bios. For them it's fantastic because they feel they're personally controlling what they're doing. For us, not only does it work on a creative level but it also works on a financial level because we no longer need to outsource the packaging and promotion of the artist," stated Jon Goldwater, CEO of AFA Music Group, Ltd.

The AFA Music Group will launch its digital music label in early 2008, which will include a new Web site with music downloads, videos, merchandise and social networking, opening up new revenue streams and making the Company an all-encompassing source for entertainment.

"We have not even scratched the surface of where this company is going to go. We're in the process of changing our business model from an old school sort of management/production company to a digital record label and that increases, exponentially, our ability to generate income domestically and internationally. You're going to be hearing a lot about AFA Music Group in 2008," Mr. Goldwater stated.

Please visit the following link to hear the interview: http://www.wallst.net/audio/audio.asp?ticker=AFAO&id=4240.

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 on simultaneously acquiring various music-publishing assets and to begin developing its own catalogue of artists and albums. AFA retains equity positions with all of its artists, which include all income streams that are 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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