SOURCE: AFA Music Group, Ltd.

January 23, 2008 08:31 ET

AFA Music Group Secures Acclaimed Director to Shoot Balay Video

WHITE PLAINS, NY--(Marketwire - January 23, 2008) - AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce that the Company has engaged acclaimed director, Matt McDermitt, to shoot a music video of AFA artist Balay's song, "Telegraphic Messages." Mr. McDermitt has gained national recognition as a director of videos for acts including the BackStreet Boys, Anna Nalick, and Zarina. He is a protégé of noted director Joseph Kahn, who directed videos for artists including Britney Spears, Mariah Carey and U2.

AFA Music Group will release the video to all of the major local and national video channels for distribution, and it will be available on the AFA digital music label. The single will be promoted nationally in March or April.

Balay's debut album was produced by AFA's Tommy Henriksen, and recorded at the Company's recording studio in Van Nuys, California. She sings all of the vocals on the album with instruments and programming by Mr. Henriksen. It will be released on AFA's digital music label in the coming months.

"Matt McDermitt does great things with videos and this is a major project for Balay. She's got a great look, an original sound and a very theatrical image. This will be the first of our artists working with Matt and it will do wonders for our promotional efforts," stated Jon Goldwater, CEO of AFA Music Group, Ltd.

Balay began her career as an actress on stage and in television commercials before settling into music. She was previously signed with Geffen Records and originally discovered by Ron Fair, noted for the early signings of Fergie and Christina Aguilera.

About AFA Music Group, Ltd.:

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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