SOURCE: China Media Group Corporation

April 11, 2006 11:13 ET

China Media Group Corporation Announces Advance Discussions to Becoming an Advertising Agent for The 6th China International Aviation & Aerospace Exhibition

CEDAR HILLS, TX -- (MARKET WIRE) -- April 11, 2006 -- China Media Group Corporation (OTC BB: CHMD) ("CMG") announces today that it is in advance discussions with Zhuhai Airshow Co., Limited, the organizer of the event, to becoming an advertising agent for the upcoming The 6th China International Aviation & Aerospace Exhibition held from October 31 to November 5, 2006 in Zhuhai ("Airshow China").

Airshow China, the only international aerospace exhibition in China that is approved by the Chinese Central Government, features real-size object display, trade discussions, technical exchanges and flying display. Airshow China is an event held every two years since 1996 and it has been successfully held for 5 times and growing rapidly into one of the most influential international air shows in the Asian-Pacific Region and an ideal gateway to the vast Chinese market for aerospace companies from around the world. Since the inaugural show, over 2 million people and 1,000 companies have attended the exhibitions.

Mr. Mark Zhou, Vice General Manager of Zhuhai Airshow Co., Limited, stated, "We are excited to have the opportunity to work with China Media Group to become one of our advertising agents for Airshow China. This is an international event that attracts many visitors from abroad interested in aviation and seeing the live airshow. We are impressed with the people of China Media Group and value their contacts abroad to bring other advertisers to our event."

Mr. Con Unerkov, Chairman of China Media Group, who recently toured the Airshow China site in Zhuhai, stated, "We are impressed with the size of the event and the international profile that can bring to our advertising clients. This will be a unique advertising opportunity for some of our clients." Zhuhai is a growing leisure city in southern China, being neighbors to Hong Kong and Macau. Mr. Unerkov added, "Our newly opened office in Zhuhai will work closely with Zhuhai Airshow to coordinate the advertising works for the upcoming show, which is 6 months away, once we have concluded our discussions."

About Zhuhai Airshow Co. Ltd:

Zhuhai Airshow Co., Ltd. is the organizer of China International Aviation & Aerospace Exhibition. Since its establishment in 1995, the company has successfully organized airshows and autoshows at its exhibition complex in Zhuhai, including 3 exhibition halls with a total exhibit space of 50,000 sq. meters. The company is committed to promote international trade and technical exchanges. It has made great headway in organizing professional shows and operating international exhibitions, including Airshow China since 1996. More information can be found at www.airshow.com.cn

About China Media Group Corporation:

China Media Group Corporation (OTC BB: CHMD) is a "Next Generation" advertising / media company focusing on the very lucrative Chinese market. It has offices in China, Hong Kong and Texas, USA. The company was incorporated in Texas on October 1, 2002. The Company is currently entering the fast growing advertising industry in China and plans to expand its offices in key cities such as Shanghai, Guangzhou and Shenzhen. The Company will also cooperate with strategic partners in other cities to serve our clients for nationwide advertising coverage.

Additional information concerning other areas and topics of China Media Group can be found on our web site at http://www.chinamediagroup.net

A number of statements contained in this Report are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Certain written statements in this press release constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "should result," "are expected to," "we anticipate," "we estimate," "we project," "we intend," or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include demand for our services, product development, our ability to maintain acceptable margins and control costs, the impact of federal, state and local regulatory requirements on our business, the impact of competition and the uncertainty of economic conditions in general, including the timely development and market acceptance of products, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and we undertake no obligation to publicly update these statements based on events that may occur after the date of this document.

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