ChinaNet Online Holdings, Inc. to Present at the Brean Murray, Carret & Co. 2009 China Gaming & Media Conference on December 7th, 2009 in Beijing, China

BEIJING, Dec. 2 /PRNewswire-Asia-FirstCall/ -- ChinaNet Online Holdings, Inc. ("ChinaNet", OTC Bulletin Board: CHNT), a leading full-service media development, advertising and communications company for small and medium-sized enterprises (SMEs) in the People's Republic of China ("China"), today announced that it will present at the Brean Murray, Carret & Co. 2009 China Gaming & Media Conference, to be held December 7-8, 2009, at the Grand Hyatt Beijing in Beijing, PRC.

The Company is scheduled to present at 4:15pm Beijing Time on Monday, December 7th, 2009 and is available to host one-on-one meetings with conference attendees throughout the two-day event. Management will discuss the Company's products, its online and TV advertising platform, the competitive landscape, growth in chain stores and franchises that are driving demand for advertising and media development, recent financial results, and the Company's long-term growth strategy.

Registration is mandatory. For more information on the conference, contact your Brean Murray representative. To register please visit http://www.breanmurraycarret.com/conferences.asp or contact Lindsay Zuckerman at 212-702-6577 or via email at Lindsay.Zuckerman@bmur.com.

About ChinaNet Online Holdings, Inc.

The Company, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI ("ChinaNet" or "Zhong Wang Zai Xian"), is a leading full-service media development, advertising and communications company for SMEs in the PRC. The Company, through certain contractual arrangements with operating companies in the PRC, provides internet advertising and other services for Chinese SMEs via its portal website http://www.28.com , TV commercials and program production via China-Net TV, and in-house LCD advertising on banking kiosks targeting Chinese banking patrons. Website: http://www.chinanet-online.com

Safe Harbor

This release contains certain "forward-looking statements" relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "estimates" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

For further information, contact:

Mark Elenowitz

TriPoint Capital Advisors

Phone: +1-917-512-0822

Ted Haberfield

HC International, Inc.

Phone: +1-760-755-2716

Email: thaberfield@hcinternational.net

Web: http://www.hcinternational.net