SOURCE: China Media Group Corporation

March 30, 2006 10:58 ET

China Media Group Corporation Announces Opening of Office in Zhuhai, China

CEDAR HILL, TX -- (MARKET WIRE) -- March 30, 2006 -- China Media Group Corporation (OTC BB: CHMD) ("CMG") announces today that it has set up a branch office in Zhuhai, China.

Mr. Con Unerkov, Chairman of China Media Group, stated, "We are excited to open the office in Zhuhai, which is next to the border of Macau. The up coming entertainment/leisure hot spot for Chinese holiday seekers will be in Zhuhai. This city is renowned as a holiday getaway inside China. With the further development of the gaming and entertainment industry in Macau and the Disneyland attraction in Hong Kong, Zhuhai will become a hotbed for tourist related activities for local Chinese. With this in mind, we have decided to capitalize on the potential advertising opportunities in Zhuhai as the preferred destination for Chinese tourists. We will have ample opportunity to develop our advertising for cross border activities/services/goods. The opening of our office in Zhuhai will complement our offices in Hong Kong whereby we can maximize our cross border advertising opportunities. We have also appointed Mr. QIU Li Rong as the general manager for the Zhuhai branch office. Mr. Qiu was formerly with the Zhuhai government. We believe with his relationships into the commercial community, he will be able to develop the advertising business in Zhuhai."

Mr. Qiu stated, "Zhuhai is one of the premier holiday spots for local Chinese. With the further development of Macau as a gaming and entertainment center and the excitement of Disneyland in Hong Kong, we expect that there will be significant traffic through Zhuhai to cater to these holiday seekers. We are excited on the potential for cross border advertising with Hong Kong and Macau. I am confident that with strategic ad placements, we will be able to provide our global customers with strategic ad placements to this holiday segment of the Chinese market."

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 Beijing, 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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