[AirMedia Group Inc. Announces Results of 2013 Annual General Meeting and Appointment of Conor Yang as Audit Committee Chairman Beijing, July 22, 2013 1. An amendment to the articles of association of the Company, adding a new Article 77A which requires that the Company’s Directors be subject to retirement by rotation; 2. The retirement and re-election of Directors of the] [AIRMEDIA GROUP INC. Herman Guo Chairman and Chief Executive Officer 2 Description]