Focus Media: Subsidiary increases capital and expands shares, bringing in investors of 63 million US dollars.

Focus Media announced that its wholly-owned subsidiary, Focus Media Development Limited, will increase its capital and expand its shares in its holding company, Focus Media Overseas Investment III Limited. The total amount of increased capital is $63 million. After this capital increase, the ownership ratio of FMDL in FMOIL III will change from 70% to 50.22%, and FMOIL III will still be a subsidiary controlled by the company.