Mr. Wu Ji GuangMr. Aloysius T. Lawn - Company Board and Management Team of China Financial Information and Media Services

Our Board of Directors and management team are consisted of accomplished professionals who are able to grasp the intricacies of China's financial landscape and have proven experience in structuring East-West business relationship. The Executive Committee, which comprises senior level executives across the Group, is chaired by the COO, and reports to the CEO. It meets quarterly to enable interactive exchange of information, foster cooperation, facilitate more efficient integration and promote cross-selling among Xinhua Finance's various global units. The Executive Committee is a key contributor to the efficient execution of strategies and harmonization of policies throughout the Group.

Mr. Wu Ji Guang

Chairman

Mr. Wu has been a director and our Chairman since April 2004 and held the same positions at XFN* from May 2003 to April 2004.

Mr. Wu Ji Guang possesses over 20 years of entrepreneurial experience and has successfully established a number of commercial entities in China, in most of which he still holds a chairmanship. He is currently President of China Media Development Shenzhen Incorporation, an investment holding company wholly-owned by Xinhua News Agency. Mr. Wu is also Chairman of subsidiaries under China Media, including Shenzhen Telling Telecom Development Co. (the Top 50 Guangdong company and the largest agent in Mainland selling near 6 million mobile phones and generating RMB 8 billion in 2005 alone); Jiangxi Gannan Fruit Co. (a listed company on Shenzhen Stock Exchange; stock code:000829); and Shenzhen Information and Culture Centre Co. (a news company of which Shenzhen News Building had a great impact on the development of the Shenzhen Economic Special Zone). With his insightful knowledge of the China market and solid business operating background, Mr. Wu takes a key role in the continuous and steady growth of the company.

Mr. Wu Ji Guang

Mr. Jae Lie

Mr. Aloysius T. Lawn

Mr. Chen Xiaolu

Ms. Jeanne Murtaugh

* Xinhua Finance was incorporated in January 2004 under the Companies Law to be the holding company of Xinhua Financial Network (XFN). Through a share exchange transaction completed in March 2004, all of the shares of XFN were transferred to the Company and in return the Company issued to the shareholders of XFN an equivalent number of the Company's shares. As a result, the Company became the sole shareholder of XFN and the previous shareholders of XFN became the shareholders of the Company.