The third quarter of the U.S. media total revenue of 69 million U.S. dollars

The report showed that the U.S. media total revenue in the third quarter of 69 million U.S. dollars, compared with the same period last year, 73.1 million U.S. dollars down 5.6%, compared to the last quarter of 64.3 million U.S. dollar growth of 7.3%, the net loss of U.S. media shareholders is 3.5 million U.S. dollars, In the same period last year, the net loss to US media shareholders was $27.3 million, and the net loss to the media shareholders in the last quarter was $4.9 million.

Air US media released the second quarter of August this year forecast, the third quarter revenue will reach 69 million U.S. dollars to 71 million U.S. dollars, the year-on-year decline of 3.3% to 0.5%, the chain growth of 8.9% to 12%. The latest earnings show that the U.S. media revenue for the third quarter of 69 million U.S. dollars, to achieve expectations.

Main achievements:

-The US media's total revenue for the third quarter was 69 million U.S. dollars, down 5.6% from the 73.1 million dollar of the same period last year, up 7.3% from the previous quarter's 64.3 million dollar growth;

-US media net revenue for the third quarter was $68.1 million, down 4.6% from a year earlier, and 7.4% per cent from the previous quarter;

-The U.S. media revenue from the airport digital TV screen in the third quarter was $3.6 million, up 31.5% from a year earlier, up 35.9% from the previous quarter;

-The U.S. media's third-quarter revenue from the digital TV screen was 4.4 million U.S. dollars, down 32.6% from a year earlier, up 33.4% from the previous quarter;

-The U.S. media revenue from the airport digital framework in the third quarter was $39.3 million, up 12.3% from a year earlier, up 15.3% from the previous quarter;

-The U.S. media revenue from the airport's traditional media in the third quarter was 13.3 million U.S. dollars, down 34.1% from a year earlier, down 28.2% from the previous quarter;

-US media revenue from gas station media networks in the third quarter was $3.3 million, down 15.6% from a year earlier, and 46.7% per cent from the previous quarter;

-US media revenue from other media in the third quarter was $2.4 million, down 18% from a year earlier, and 75.2% per cent from the previous quarter;

-In the third quarter, the net loss to the media shareholders in the US was USD 3.5 million, while the net loss to the media shareholders in the same period last year was $27.3 million, and the net loss to the media shareholders in the last quarter was $4.9 million. The U.S. media in the third quarter of the United States depository receipts of the basic and diluted losses are 0.06 U.S. dollars, the same period last year, the United States depository receipts of the basic and diluted losses are 0.44 U.S. dollars, the last quarter of the United States depository receipts in the basic and diluted losses are 0.08 U.S. dollars;

-Excluding the equity incentive expenditure, the acquisition of intangible assets amortization expenditure, goodwill impairment expenditure and intangible asset impairment expenditure, the U.S. media in the third quarter adjusted net losses (not in accordance with the United States General Accounting Standards) for 3.1 million U.S. dollars, the same period last year adjusted net profit of 4.3 million U.S. dollars, The net loss in the last quarter was 4.5 million USD. Air US media in the third quarter after the adjustment of the United States Depository Receipts basic and diluted losses (not in accordance with the United States General accounting standards) are 0.05 U.S. dollars, during the same period last year, the basic and diluted earnings of US depository receipts were $0.07, and the basic and diluted losses for each share of the United States depository receipts in the previous quarter were $0.07.

-As of September 30, 2013, the U.S. media holdings in cash, restricted cash and short-term investment amounted to USD 113 million, lower than the amount of USD 126.3 million until December 31, 2012.

Performance Outlook:

The U.S. media expects total revenue to be $76 million to $79 million trillion in fiscal year 2013, down 4.4% to 8% from a year earlier, or 11.7% to 16.1% from the previous quarter. Air U.S. media estimates that the fourth quarter airport franchise fees will be about 46 million U.S. dollars, a year earlier than the same period of 1.9% growth, compared to the previous quarter growth of 7.5%. This projection reflects the current and preliminary views of the media in the United States and may be adjusted in the future.

Conference：

After the earnings release, the U.S. media management team will be in the eastern time of November 19 8 o'clock in the evening (Beijing time November 20 9 o'clock in the morning) conference call, interpretation of earnings points, and answer questions from analysts and investors. Listen to the phone number of the conference call as follows:

USA: +1 866 519 4004

United Kingdom: 08082346646

Hong Kong, China: +852 800 930 346

International: +65 6723 9381

Password: AMCN

At the end of the telephone conference, at the eastern time of November 19, 2013, 11 o'clock to November 26 night 11:59, you can dial the following telephone to listen to the conference call recording:

USA: +1 855 452 5696

International: +61 2 8199 0299

Password: 98804217

In addition, the http://ir.airmedia.net.cn Media website Investor Relations channel will broadcast the teleconference and provide the recording.