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Navstar Media to Acquire Beijing Broadcasting and Television Media Co., Ltd.

    Will Add Major Content Producer to Chinese TV Stations, including CCTV

 Plans to Produce Pre-Olympic Sports Mini-Series for Broadcast Prior to 2008
                                Beijing Games

         Announces Election of Yang Wenquan to the Board of Directors

    NEW YORK, March 16 /PRNewswire-FirstCall/ -- Navstar Media Holdings, Inc.
(OTC Bulletin Board: NVMH.OB), a leading provider of television content in
China, today announced that it has entered into a definitive agreement to
acquire operational control and 70 percent ownership interest of Beijing
Broadcasting and Television Media Co., Ltd. ("Beijing Media"), a leading
content and production company in China. Navstar also announced the
appointment of Yang Wenquan to its Board of Directors.
    During the past five years, Beijing Media has produced approximately
10,000 hours of television programming, including TV series, movies and
specials. The company currently produces approximately 500 hours of
programming per year for CCTV, the major broadcast television network in
mainland China. Led by a team of seasoned media professionals with a solid
track record in production and distribution, Beijing Media is recognized for
its consistently high-quality product and strong viewing shares.
    "This acquisition is another step in our strategy to further build upon
our content development capabilities to take advantage of the growth of
China's media market," said Don B. Lee, Chief Executive Officer of Navstar.
"Through this transaction, we will strengthen our operating management team,
improve our production facilities, expand our distribution footprint and
unlock new opportunities to drive our business. We welcome Yang Wenquan to our
Board and look forward to working with him and the Beijing Media team as we
seek to unlock the full potential of our resources."
    Navstar will issue 2.4 million shares of its common stock to the existing
shareholders of Beijing Media, including 1.5 million shares to complete the
acquisition and 900,000 shares to secure a pre-Olympics 2008 Beijing Games
sports mini-series featuring top Chinese athletes. The 900,000 shares will be
returned to Navstar if the show cannot be secured. Navstar will consolidate
its television content production capabilities under the umbrella of Beijing
Media to streamline and more effectively manage its operations.
    Navstar's newly elected Board member Yang Wenquan, a major shareholder in
Beijing Media and currently Chairman of Beijing Ruixing Shiji Investment Co.,
Ltd., previously served as the Marketing Manager of Beijing Industry
Development Group.  Prior to that, Mr. Wenquan served as the General Manager
of Beijing Yuixing Advertisement Co., Ltd. and as an official in the Beijing
Municipal Government Foreign Affairs Service. He has produced many popular TV
series, programs and movies, such as the 30 episode Fenglin Pavilion, the
movie The Person Loving Me is Gone and the daily TV show At Your Service.

    About Navstar Media Holdings, Inc.
    Navstar Media Holdings, Inc. (OTC Bulletin Board: NVMH.OB), is a leading
provider of television content in China. The Company intends to grow through
internal expansion and strategic acquisitions in the largest emerging media
market in the world. In addition to content production, licensing and
distribution, Navstar is also engaged in advertising, televised cultural
events, corporate communications and exhibitions.

    Certain statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may be identified by the use
words such as "anticipate," "believe," "expect," "future," "may," "will,"
"would," "should," "plan," "projected," "intend," and similar expressions.
Such forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance
or achievements to be materially different from those expressed or implied by
such forward-looking statements. All the unaudited numbers and data provided
in this press release are based on estimates according to the knowledge of the
Company and may be subject to changes that are beyond the control of the
Company. The Company's future operating results are dependent upon many
factors, including but not limited to the Company's ability to: (i) obtain
sufficient capital or a strategic business arrangement to fund its expansion
plans; (ii) build the management and human resources and infrastructure
necessary to support the growth of its business; (iii) competitive factors and
developments beyond the Company's control; and (iv) other risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at http://www.sec.gov under "Search for
Company Filings."

    Contact Information:
     Navstar Media Holdings, Inc.
     Don B. Lee
     646 688 4413

     Brainerd Communicators, Inc.
     Ray Yeung (media)
     Todd St.Onge (investors)
     212 986 6667


SOURCE Navstar Media Holdings, Inc.




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CONTACT:
Don B. Lee of Navstar Media Holdings, Inc.,
+1-646-688-4413; Media: Ray Yeung, Investors: Todd St.Onge, both
of Brainerd Communicators, Inc., +1-212-986-6667, for Navstar
Media Holdings, Inc.