JJ Media to Sell ADSs in Follow-on Offering

Focus Media Holding Limited FMCN announced today the underwritten public offering of 8,100,000 of its American depositary shares held by JJ Media Investment Holding Limited. Of these ADSs, between 5,200,000 and 5,600,000 ADSs are expected to be purchased by Goldman, Sachs & Co., as the underwriter. Concurrently with this offering of our ADSs, JJ Media expects to enter into a separate capped call option transaction with the variable price seller that will initially cover 10,100,000 ADSs, subject to certain adjustments.