NASDAQ-listed Xinhua Finance Media (XFML) announced that David Green has been appointed to its board of directors. Mr. Green is chairman and founder of September Films, a television production company with offices in London and Los Angeles. Mr. Green will also join the board’s Investment and Compensation Committees.

CEO of XFML, Ms. Fredy Bush, stated, “We are fortunate to have David joining XFMedia as an independent director and appreciate his taking on additional responsibilities as a member of the Board committees. His experience in building a successful television and film production company is very relevant to XFMedia, and he will undoubtedly bring invaluable insights that will enhance XFMedia’s world-class business in China. Given the strategic importance of TV to XFMedia, I expect that David can provide significant guidance as we expand that part of the Company’s business.” Source: Xinhua Finance Media press release; Courtesy Business Strategies Group www.bsgasia.com

BIIA Newsletter April – 2008 Issue