China Media1 Corp.

China Media1 Corp.

March 01, 2005 16:01 ET

China Media1 Receives Contract from Major Household Appliance and Electronics Chain


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CHINA MEDIA1 CORP.

OTC Bulletin Board SYMBOL: CMDA

MARCH 1, 2005 - 16:01 ET

China Media1 Receives Contract from Major Household
Appliance and Electronics Chain

IRVINE, CALIFORNIA--(CCNMatthews - March 1, 2005) - China Media1 Corp.
(OTCBB:CMDA), an owner and operator of premier China advertising media
assets, announced that the Company's Guangzhou MTR (Subway) Pillar
Advertising Project has received a one year contract worth approximately
US$290,000 (RMB 2,340,000) from the Guangdong Yong Le Group, a major
household appliance and electronics chain with 12 stores in the
Guangzhou and surrounding area (home page: www.yongle.com.cn ). Yong Le
has aggressively expanded recently in response to strong consumer demand
as well as in preparation for the opening of China's retail industry to
allow foreign companies directly into the China market. According to a
November 30, 2004 report by the Chinese Electric Appliance Net
(www.chineseea.com), "Guangzhou is the political and economic center of
Southern China, competition is intense between Yong Le and the other
retail chains such as Gome and Su Ning. With the introduction of foreign
retailers, the battle for market share will continue to intensify."

About China Media1 Corp.:

China Media1, headquartered in Irvine, California recently changed
business focus through the acquisition of key China advertising rights.
The Company owns and operates specialty media assets throughout Southern
China that include physical advertising space and the advertising
contracts with National and Multi-National corporations. Currently, the
Company conducts business at the Guangzhou Baiyun International Airport
and the Guangzhou MTR (Subway). The Company's website is
www.chinamedia1corp.com

Forward Looking Statements:

Any forward-looking statement in this press release is made pursuant to
the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements involve risks and uncertainties
including, but not limited to, economic and political factors,
technological developments, regulatory matters and increased
competition. The Company disclaims any obligation to update any such
factors or to publicly announce results of any revisions to the
forward-looking statements contained herein to reflect future events or
developments.

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