AirMedia Group Inc. announced the appointment of Mr. Dong Wen and Mr. Hua Zhuo by the board of directors of the Company as independent directors, effective July 31, 2015, replacing Mr. Junjie Ding and Mr. Qunyao Gao after the expiration of the term of their service on the same day. The term of service of each of Messrs. Dong Wen and Hua Zhuo will expire on July 31, 2017.

Mr. Hua Zhuo will also replace the roe of Mr. Junjie Ding as a member of the compensation committee of the Board. Mr. Dong is the general manager of the home furnishing business division of Leju Holdings Limited. Mr. Hua Zhuo has worked as the chairman and president of Zhongyuan Guoxin Credit Financing Guarantee Co.

Ltd. since 2003.