(9 May 2013 - Hong Kong) - SinoMedia Holding Limited ("SinoMedia" or the "Company"; stock code:
00623.hk), a leading media corporation in China, was informed by Bain Capital CTVGB Holding Ltd. ("Bain Capital"), a substantial shareholder (as defined under the Rules Governing the Listing of Securities of The Stock Exchange of Hong Kong Limited) of the Company, that it had disposed of
33,624,579 shares of the Company, representing approximately 6% of the issued capital of the Company. The substantial shareholder's shareholding in the Company decreased gradually from approximately
21% since October of 2012, and following the aforesaid share disposal, Bain Capital ceases to hold any shares in the Company.
"We would like to thank Bain Capital for its invaluable contribution to the Company on development strategy and corporate governance matters in the past few years," Mr. Chen Xin, Chairman of SinoMedia, said.