China Mass Media Corp. (NYSE:CMM), a leading television advertising company in China, announced that it will change the ratio of its ordinary shares to American depositary share ("ADSs") from 30:1 to 300:1, effective on November 28, 2011. For the Company's ADS holders, this ratio change will have the same effect as a one-for-ten ADS consolidation. Cash will be paid to ADS holders in lieu of any fractional ADSs entitlements resulting from the ratio change. There will be no change to China Mass Media's underlying ordinary shares.

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