Chinavision Media Group Limited : RESIGNATION OF CHIEF EXECUTIVE OFFICER (in PDF)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

*

(Incorporated in Bermuda with limited liability)

(Stock Code: 1060) RESIGNATION OF CHIEF EXECUTIVE OFFICER

The Board announces that Mr. Cui Bin will resign as chief executive officer of the Company with effect from 9 January 2012.

RESIGNATION OF CHIEF EXECUTIVE OFFICER

The board of directors (the "Board") of ChinaVision Media Group Limited (the "Company")
announces that Mr. Cui Bin will resign as chief executive officer of the Company with effect from
9 January 2012.
The Company has noted various media reports in the People's Republic of China against Mr. Cui Bin personally. In order to separate the Company together with its subsidiaries (collectively, the "Group") from these unrelated reports and protect the Group's reputation, Mr. Cui Bin decided on his own volition to resign as chief executive officer of the Company. Following an investigation conducted by the Company, the Company considers that such reports against Mr. Cui Bin are neither part of the official duties, nor do they represent or constitute the Group's actions and are not related to the Group.
Subsequent to the resignation of Mr. Cui Bin, Mr. Dong Ping, the Chairman of the Company, will be the acting chief executive officer until an appropriate person is appointed to fill in the vacancy. Further announcement will be made by the Company in relation to such appointment as and when appropriate.
Mr. Cui Bin has confirmed that he has no disagreement between himself and the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.
By Order of the Board ChinaVision Media Group Limited Dong Ping

Chairman

Hong Kong, 8 January 2012

As at the date of this announcement, the Board comprises Mr. Dong Ping, Mr. Ng Qing Hai and Mr. Zhao Chao, being the Executive Directors; Mr. Kong Muk Yin, being the Non-Executive Director; and Mr. Chen Ching, Mr. Jin Hui Zhi and Mr. Li Chak Hung, being the Independent Non-Executive Directors.

* For identification purpose only