Charm Wins Midea Small Home Appliance Group's Full TV Media Account for 2011

    BEIJING, Sept. 21 /PRNewswire-Asia/ -- Charm Communications Inc. (Nasdaq: CHRM) ("Charm" or the "Company"), a leading advertising agency in China, today announced that its Charm Advertising business unit has won Midea Small Home Appliance Group's full TV media account for 2011. According to CTR, TV on average accounts for over 70% of advertisers' media spending.

    With over 150,000 employees and a total sales volume of over RMB 95 billion in 2009, Midea is one of the largest home appliance manufacturers in China, which is also one of China's fastest growing sectors reflecting expanding domestic consumption. Midea Small Home Appliance Group is one of Midea's two major operating divisions and produces 12 main product lines, including microwaves, rice cookers, ovens, water coolers, water heaters, soy milk makers, dish washers, and vacuum cleaners, each of which occupies a leading market position in its category.

    Charm Advertising, Charm's advertising agency arm, has been working with Midea Small Home Appliance Group since 2009, serving Midea's Soy Milk Maker product line. In 2009, Charm created an integrated advertising campaign for Midea's Soy Milk Maker, which extended from market research and creative design to media planning and buying and helped to increase its sales many times over. In 2010, in recognition of Charm's service and technical abilities, Midea invited Charm to extend the same services to four of Midea Small Appliance Group's other product lines.

    Midea Small Home Appliance Group is integrating its product line media accounts and held a pitch for its 2011 full TV media businesses in September 2010. Midea chose Charm Advertising because of Charm's outstanding track record in the TV market and its ability to deliver full media service capabilities and provide a large customer like Midea with a one-stop-shop solution for all of its TV media needs.

    "Midea is one of China's largest and highest profile advertising clients and winning this account demonstrates our in-depth understanding of the TV market and the recognition from a leading Chinese enterprise which is looking for a partner of the same caliber. We have been very pleased with our progress in growing the Midea account, and we look forward to becoming its business partner to support its leading market position," commented He Dang, founder, chairman and CEO of Charm. "The Midea account will also help solidify our client base in Southern China which is one of our strategic growth areas for service network expansion, in particularly the Pearl River Delta Region where we have already made progress with other major clients such as Guangdong Development Bank, GD BBK (Bubugao), and Konka."

    About Charm

    Charm Communications Inc. (NASDAQ: CHRM) is a leading advertising agency in China. Charm operates its business under three brands: Charm Advertising, Charm Interactive, and Shangxing Media. Under the Charm Advertising and Charm Interactive brands, Charm offers integrated advertising agency services from planning and managing advertising campaigns to creating and placing advertisements. Under the Shangxing Media brand, Charm has established a portfolio of television advertising media resources through its exclusive arrangements with four programs on CCTV, and two satellite television channels, Shanghai Dragon TV and Tianjin Satellite TV, which includes not only advertising time but also opportunities for placing branded content. Charm's clients include well-recognized brand names in China across many industries, as well as emerging domestic leading brands. In January 2010, Charm formed a joint venture with international 4A advertising group Aegis Media, its strategic investor, to operate its brand "Vizeum" in China. For more information please go to http://ir.charmgroup.cn .

    For investor and media inquiries, please contact:

    New York

    Amanda Sham

    Brunswick Group

    Phone: +1-212-333-3810

    Email: charm@brunswickgroup.com

    Beijing

    Henry Fraser

    Brunswick Group

    Phone: +86-10-6566-2256

    Email: charm@brunswickgroup.com