Focus Media Holding Limited

Focus Media Holding Limited (“Focus Media”) is China's largest out-of-home life-style media company. Focus Media provides a broad portfolio of media advertising platforms, including its Commercial Location Network, In-store Network, Poster Frame Network and Outdoor LED Network. As of December 31, 2007, Focus Media's digital out-of-home advertising network had approximately 112,298 LCD displays in its commercial location network, approximately 49,452 LCD displays in its in-store network and over 190,000 advertising in-elevator poster / digital frames, installed in over 90 cities throughout China, and approximately 200 outdoor LED billboard displays in Shanghai.

In April 2004, Milestone Capital was one of the investors in the Series B round of financing. In July 2005, Focus Media successfully listed on the NASDAQ (ticker: FMCN).