AirMedia to Announce Fourth Quarter and Fiscal Year 2011 Unaudited Financial Results on March 12, 2012 at 7:00 am Eastern Time

BEIJING, March 7, 2012 /PRNewswire-Asia/ -- AirMedia Group Inc. ("The Company"), (Nasdaq: AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2011 ended December 31, 2011 before the U.S. market opens on Monday, March 12, 2012. The Company will hold an earnings conference call on the same day at 7:00 a.m. Eastern Time (7:00 p.m. on Monday, March 12, 2012 Beijing/Hong Kong Time).

Conference Call Dial-in Information

U.S.: +1 866 519 4004
U.K.: 08082346646
Hong Kong: +852 2475 0994
International: +1 718 354 1231
Pass code: AMCN

A replay of the call will be available for 1 week between 10:00 a.m. on March 12, 2012 and 11:59 p.m. on March 19, 2012, Eastern Time.

Replay Dial-in Information

U.S.: +1 866 214 5335
International: +1 718 354 1232
Pass code: 55264680

Additionally, a live and archived webcast of this call will be available on the Investor Relations section of AirMedia's corporate website at http://ir.airmedia.net.cn.

About AirMedia Group Inc.

AirMedia Group Inc. (Nasdaq: AMCN) is a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers. AirMedia operates the largest digital media network in China dedicated to air travel advertising. AirMedia operates digital frames in 35 major airports and digital TV screens in 37 major airports, including most of the 30 largest airports in China. In addition, AirMedia sells advertisements on the routes operated by nine airlines, including the four largest airlines in China. In selected major airports, AirMedia also operates traditional media platforms, such as billboards and light boxes, and other digital media, such as mega LED screens.

In addition, AirMedia has obtained exclusive contractual concession rights until the end of 2014 to develop and operate outdoor advertising platforms at Sinopec's service stations located throughout China.

For more information about AirMedia, please visit http://www.airmedia.net.cn.

Investor Contact:

Raymond Huang
Senior Director of Investor Relations
Tel: +86-10-8460-8678
Email: ir@airmedia.net.cn