Imperium Financial Group Limited — Capital/Financing Update 2008

Dec 1, 2008

CHINA RAILSMEDIA CORPORATION LIMITED

中國鐵聯傳媒有限公司 *

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 745)

MONTHLY ANNOUNCEMENT ON CONVERSIONS OF

CONVERTIBLE NOTES

The Company made this announcement as per the requirements under the heading “Dilution effect on Shareholders” of the Circular to report the details of conversion of the Notes during the period from 1 November 2008 to 30 November 2008.

References are made to the announcements of the Company dated 16 August 2007, 14 December 2007 and 20 December 2007 and the circular of the Company dated 3 September 2007 (the “Circular”). The Company made this announcement as per the requirements under the heading “Dilution effect on Shareholders” of the Circular. Capitalised terms used in this announcement shall have the same meanings as defined in the Circular unless otherwise defined.

There is no conversion of the Notes in November 2008. The outstanding principal amount of the Notes was HK$1,600,000 on 30 November 2008. Details of the changes in the issued share capital of the Company during the period from 1 November 2008 to 30 November 2008 are set out below: -

Number of issued Shares as at 1 November 2008 Number of Conversion Shares issued pursuant to conversion of Notes Number of Shares issued pursuant to other transaction during the period from 1 November 2008 to 30 November2008 Number of issued Shares as at 30 November 2008	Number of Shares 1,533,830,000 - -
	1,533,830,000

On behalf of the Board

China Railsmedia Corporation Limited

Hui Chi Yung

Chairman

Hong Kong, 1 December 2008

As at the date of this announcement, the Board of Directors comprises Mr. Hui Chi Yung, Mr. Yiu Kai Yeuk, Raphael and Mr. Hui Kau Mo as Executive Directors and Mr. Liu Kwong Sang, Mr. Sit Hing Wah and Dr. Hu Chung Kuen, David as Independent Non-Executive Directors.

* For identification purpose only