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China Media1 Receives Large Contract from The Agricultural Bank for Shenzhen Baoan Airport

China Media1 Corp. (OTCBB: CMDA) is pleased to announce that it has signed the Agricultural Bank of China (www.abchina.com) for advertising on the large size (6 ft. x 8 ft.) signs at Shenzhen Baoan International Airport. The Agricultural Bank of China will take up to 20 poster spaces at a rate of US$3,250 (26,000 RMB) per poster per month. 8 for the existing departure level signs and 12 for the new to be installed arrival level signs.

The contract will start on August 1, 2006 until July 31, 2007, a twelve month period for a maximum of US $780,000 (6,240,000 RMB). The Agricultural Bank is one of the five major state owned banks in China. With this latest addition, our roster of name brand advertisers at Shenzhen Baoan Airport now includes Motorola, Samsung, Seiko and the Agricultural Bank of China.

About China Media1 Corp.:

China Media1 Corp. has obtained rights to premiere Chinese advertising media assets in China. Its affiliate, Guangzhou Chuangrun Advertising Company, operates the advertising space and advertising contracts with top-tier brand names and multi-national corporations as well as large advertising agencies. China Media1 has focused on providing its clients superior advertising locations based on viewership, exclusivity, and uniqueness through the use of its illuminated scrolling poster signs. China Media1's advertising locations include the Guangzhou and Shenzhen International Airports and the Guangzhou MTR (12 Subway Stations). China Media1's website is www.chinamedia1corp.com.

Forward Looking Statements:

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertain-ties including, but not limited to, economic and political factors, technological developments, regulatory matters and increased competition. The Company disclaims any obligation to update any such factors or to publicly announce results of any revisions to the forward-looking statements contained herein to reflect future events or developments.