Focus Media Announces Repurchase of Shares from Fosun International

Focus Media Announces Repurchase of Shares from Fosun International

SHANGHAI, Sept. 20 /PRNewswire-Asia/ -- Focus Media Holding Limited
(Nasdaq: FMCN), China's leading digital media group, today announced that they
have entered into a definitive agreement with Fosun International, one of
their shareholders, pursuant to which Focus Media will repurchase from Fosun
International 9,523,810 ADSs, each representing five ordinary shares of Focus
Media at a price of US$21 per ADS (or US$4.2 per ordinary share), totaling
$200 million through a privately negotiated transaction.

Inclusive of this block repurchase, Focus Media has to date cumulatively
spent approximately $237 million in share repurchases on its previously
announced share repurchase program. ADSs and ordinary shares are cancelled,
subject to customary cancellation procedures, upon repurchase.

"Repurchasing shares is part of Focus Media's continued commitment to
enhance shareholder return on equity. This block repurchase helps Focus Media
to accelerate our share repurchases," said Mr. Jason Jiang, Chairman and CEO
of Focus Media.

"Partial sell-down of Focus Media shares is in part to serve Fosun's need
to realize part of our investment return, and in part to support the ongoing
share buyback plan of Focus Media. As a shareholder of Focus Media, we are
bullish over the secular domestic consumption growth trend of China. We are
long-term optimistic and supportive of the management team and business model
of Focus Media and are highly confident of the Company's ability to sustain
its strategic and competitive operational strength. We view Focus Media as one
of our significant investments and do not have plans to further lower our
stake in Focus Media in the near future," said Mr.Guo Guang Chang, Chairman of
Fosun International.

SAFE HARBOR: FORWARD-LOOKING STATEMENTS

This press release includes statements that may constitute forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar statements.
Focus Media may also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission on forms 20-F
and 6-K., in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical facts,
including statements about Focus Media's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties that could cause actual results to differ materially from
the forward-looking statements. A number of important factors could cause
actual results to differ materially from those contained in any forward-
looking statement. Potential risks and uncertainties include, but are not
limited to, risks outlined in Focus Media's filings with the U.S. Securities
and Exchange Commission, including its registration statements on Form F-1,
F-3 and 20-F, in each case as amended. Focus Media does not undertake any
obligation to update any forward-looking statement, except as required under
applicable law.

This release is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States absent registration
or an exemption from registration. Any public offering of securities to be
made in the United States will be made by means of a prospectus that may be
obtained from the issuer or selling security holder and that will contain
detailed information about the company and management, as well as financial
statements.

ABOUT FOCUS MEDIA HOLDING LIMITED

Focus Media Holding Limited (Nasdaq: FMCN) is China's leading
multi-platform digital media company, operating the largest out-of-home
advertising network in China using audiovisual digital displays, based on the
number of locations and number of flat-panel television displays in our
network. Through Focus Media's multi-platform digital advertising network, the
company reaches urban consumers at strategic locations and point-of-interests
over a number of media formats, including audiovisual television displays in
buildings and stores, advertising poster frames and other new and innovative
media, such as outdoor light-emitting diode or LED digital billboard and
Internet advertising platforms. As of June 30, 2010, Focus Media's digital
out-of-home advertising network had approximately 142,000 LCD displays in its
LCD display network and approximately 275,000 advertising in-elevator poster
and digital frames, installed in over 90 cities throughout China. For more
information about Focus Media, please visit our website at
http://ir.focusmedia.cn.

SOURCE Focus Media Holding Limited

Focus Media Holding Limited

CONTACT: Jing Lu, +86-21-2216-4155, or ir@focusmedia.cn

Web Site: http://ir.focusmedia.cn

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