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<title>CHINA MEDIA GROUP CORPORATION</title>
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<p ALIGN="CENTER"><font face="Arial" SIZE="2">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
WASHINGTON, D.C. 20549<br>
</b>__________________</font></p>

<p ALIGN="CENTER"><b><font face="Arial" SIZE="2">FORM 8-K</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">CURRENT REPORT</font></p>
</b>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">PURSUANT TO SECTION 13 OR 15(d) of the<br>
SECURITIES EXCHANGE ACT OF 1934<br>
__________________</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">Date of Report (Date of earliest event
reported): April 27, 2010</font></p>
<u><b>

<p ALIGN="CENTER"></font><font face="Arial" SIZE="4">CHINA MEDIA GROUP CORPORATION<br>
</font></b></u><font face="Arial" SIZE="2">(Exact Name of Registrant as Specified in
Charter)</font><font SIZE="2"></p>
</font><div align="center"><center>

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    <td WIDTH="37%" VALIGN="bottom"><font SIZE="2"><u><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">Texas</font></b></u></font></td>
    <td WIDTH="32%" VALIGN="bottom"><font SIZE="2"><u><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">5813</font></b></u></font></td>
    <td WIDTH="32%" VALIGN="bottom"><font SIZE="2"><u><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">75-3016844</font></b></u></font></td>
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    <td WIDTH="37%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">(State or other jurisdiction</font></font></td>
    <td WIDTH="32%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">(Commission</font></font></td>
    <td WIDTH="32%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">(IRS Employer</font></font></td>
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    <td WIDTH="37%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">of incorporation)</font></font></td>
    <td WIDTH="32%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">File Number)</font></font></td>
    <td WIDTH="32%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">Identification No.)</font></font></td>
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    <td WIDTH="32%" VALIGN="bottom" height="20"></td>
    <td WIDTH="32%" VALIGN="bottom" height="20"></td>
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    <td WIDTH="65%" VALIGN="bottom"><font SIZE="2"><u><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">1403 Wan Chai Commercial Center, 194-204 Johnston Road, Wanchai, Hong Kong</font></b></u></font></td>
    <td WIDTH="35%" VALIGN="bottom"><font SIZE="2"><u><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">n/a</font></b></u></font></td>
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    <td WIDTH="65%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">(Address of principal executive offices)</font></font></td>
    <td WIDTH="35%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">(Zip code)</font></font></td>
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    <td WIDTH="65%" VALIGN="bottom"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial"
    SIZE="2"><br>
    Registrant's telephone number, including area code:</font></font></td>
    <td WIDTH="35%" VALIGN="bottom"><font SIZE="2"><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">+011 852 3171 1208 (ext. 222)</font></b></font></td>
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    <td VALIGN="TOP" HEIGHT="37"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously
    satisfy the filing obligation of the registrant under any of the following provisions:</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    [&nbsp;&nbsp; ] Written communications pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    [&nbsp;&nbsp; ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    [&nbsp;&nbsp; ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    [&nbsp;&nbsp; ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))</font></font></td>
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    <td WIDTH="14%" VALIGN="top"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2">Item 1.01</font></b></font></td>
    <td WIDTH="86%" VALIGN="top"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2">Entry into a Material Definitive Agreement</font></b></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    On April 27, 2010, Good World Investments Limited (&quot;GWIL&quot;), a wholly owned
    subsidiary of China Media Group Corporation (&quot;CMG&quot;), entered into a conditional
    Sale and Purchase Agreement (&quot;SP Agreement&quot;) with Mr. KONG Sum Onn to acquire
    50% interests in AX Organic Limited (&quot;AX&quot;</font> <font face="Arial" SIZE="2">or
    the &quot;Company&quot;) for an initial consideration of 10,000,000 shares in CMG and a
    performance shares consideration based on the profits derived by AX over a period of 2
    years. </font></p>
    <p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">The Agreement is conditional on the
    delivery of a shareholders agreement with the other 50% AX shareholder and ii) the signing
    of a contract for an consultancy agreement for soil remediation for a minimum of 3,200 mu
    in Hubei China, and the offtake agreement for the resulting produce grown on the land. </font></p>
    <p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Under the shareholder agreement, the
    Company shall best efforts to raise about USD129,000 (HK$1,000,000) in working capital
    loan to AX.</font></p>
    <p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Copies of the SP Agreement, SH Agreement
    and Press Release are attached hereto.</font></font></td>
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    <td WIDTH="14%" VALIGN="TOP" HEIGHT="30"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    Item 9.01</font></b></font></td>
    <td WIDTH="86%" VALIGN="TOP" HEIGHT="30"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    Financial Statements and Exhibits</font></b></font></td>
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    <td WIDTH="14%" VALIGN="top" HEIGHT="16"><font SIZE="2"><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    (a)</font></font></td>
    <td WIDTH="86%" VALIGN="top" HEIGHT="16"><font SIZE="2"><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    Not applicable</font></font></td>
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    <td WIDTH="14%" VALIGN="top" HEIGHT="16"><font SIZE="2"><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    (b)</font></font></td>
    <td WIDTH="86%" VALIGN="top" HEIGHT="16"><font SIZE="2"><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    Not applicable</font></font></td>
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    <td WIDTH="14%" VALIGN="top" HEIGHT="16"><font SIZE="2"><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    (c)</font></font></td>
    <td WIDTH="86%" VALIGN="top" HEIGHT="16"><font SIZE="2"><p ALIGN="JUSTIFY"><font
    face="Arial"><br>
    Exhibit No. Description - See table below.</font></font></td>
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    <td WIDTH="14%" VALIGN="top" HEIGHT="16"></td>
    <td WIDTH="86%" VALIGN="top" HEIGHT="16"></td>
  </tr>
</table>
</center></div><div align="center"><center>

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    <td WIDTH="14%" VALIGN="TOP" BGCOLOR="#cccccc"><font SIZE="2"><b><p ALIGN="LEFT"><font
    face="Arial">Exhibit</font></b></font></td>
    <td WIDTH="64%" VALIGN="TOP" BGCOLOR="#cccccc"><font SIZE="2"><b><p ALIGN="LEFT"><font
    face="Arial">Description</font></b></font></td>
    <td WIDTH="22%" VALIGN="TOP" BGCOLOR="#cccccc"><font SIZE="2"><b><p ALIGN="LEFT"><font
    face="Arial">Location</font></b></font></td>
  </tr>
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    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2">Exhibit
    10.1</font></font></td>
    <td WIDTH="64%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Sale
    and Purchase Agreement</font></font></td>
    <td WIDTH="22%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Provided
    herewith</font></font></td>
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    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2">Exhibit
    10.2</font></font></td>
    <td WIDTH="64%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Shareholders'</font>
    <font face="Arial" SIZE="2">Agreement</font></font></td>
    <td WIDTH="22%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Provided
    herewith</font></font></td>
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    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2">Exhibit
    99.1</font></font></td>
    <td WIDTH="64%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Press
    Release</font></font></td>
    <td WIDTH="22%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Provided
    herewith</font></font></td>
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</table>
</center></div>

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<font SIZE="2"><b>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">SIGNATURES</font></p>
</b></font><div align="center"><center>

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    <td VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Pursuant to the
    requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly
    caused this Current Report to be signed on its behalf by the undersigned hereunto duly
    authorized.</font></td>
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</table>
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    <td WIDTH="45%" VALIGN="top" height="16"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial"
    SIZE="2"><br>
    <br>
    <br>
    Date: April 30, 2010</font></font></td>
    <td WIDTH="55%" VALIGN="top" height="16"><font SIZE="2"><b><p ALIGN="LEFT"><font
    face="Arial"><br>
    <br>
    <br>
    CHINA MEDIA GROUP CORPORATION</font></b></font></td>
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    <td WIDTH="45%" VALIGN="top" height="16"></td>
    <td WIDTH="55%" VALIGN="top" height="16"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial"
    SIZE="2"><br>
    <br>
    <br>
    By: <i>/s/ Cheng Pheng LOI</i></font></font></td>
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    <td WIDTH="45%" VALIGN="top" height="16"></td>
    <td WIDTH="55%" VALIGN="top" height="16"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial"
    SIZE="2">---------------------------------</font></font></td>
  </tr>
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    <td WIDTH="45%" VALIGN="top" height="16"></td>
    <td WIDTH="55%" VALIGN="top" height="16"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial"
    SIZE="2">Name: Cheng Pheng LOI</font></font></td>
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    <td WIDTH="45%" VALIGN="top" height="16"></td>
    <td WIDTH="55%" VALIGN="top" height="16"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial"
    SIZE="2">Title: President</font></font></td>
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</table>
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    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Exhibit
    10.1</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    <br>
    Dated the 27<sup>th</sup> day of April 2010</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    <br>
    <br>
    <br>
    <br>
    <br>
    KONG SUM ONN</font></p>
    </b><i><p ALIGN="CENTER"><font face="Arial" SIZE="2">as Vendor</font></p>
    </i><p ALIGN="CENTER"><font face="Arial" SIZE="2">and</font></p>
    <b><p ALIGN="CENTER"><font face="Arial" SIZE="2">GOOD WORD INVESTMENTS LIMITED</font></p>
    </b><i><p ALIGN="CENTER"><font face="Arial" SIZE="2">as Purchaser</font></i></font></td>
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</table>
</center></div><font SIZE="2">

<p ALIGN="center"><font face="Arial" SIZE="2"><br>
<br>
<br>
<br>
<br>
<br>
_________________________________________________________________________</font></p>
<b>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">SHARE PURCHASE AGREEMENT<br>
500 SHARES IN <br>
AX ORGANIC LIMITED<br>
___________________________________________________________________________</font></p>
</b></font>

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    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2">THIS
    AGREEMENT </b>is made the 27 day of April 2010</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    BETWEEN:</font></b></font></td>
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</table>
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    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    (A)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><u><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    KONG</u> SUM ONN</b>, a citizen of Malaysia with his correspondence address at Unit A,
    8/F., Fu Cheung Centre, 5-7 Wong Chuk Yeung Street, Futan, New Territories, Hong Kong
    (hereinafter called &quot;<b>the Vendor</b>&quot;); and</font></font></td>
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</table>
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    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    (B)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    GOOD WORLD INVESTMENTS LIMITED. </b>a company incorporated in British Virgin Islands with
    its registered office at P.O. Box 957, Offshore Incorporations Center, Road Town, Tortloa,
    British Virgin Islands (hereinafter called &quot;<b>the Purchaser</b>&quot;) on the
    following terms and conditions.</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    WHEREAS:-</font></b></font></td>
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</table>
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    <td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    1.</font></td>
    <td WIDTH="84%" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The Vendor is the beneficial owner of 500 ordinary shares in AX Organic Limited, a company
    incorporated in Hong Kong ("the Company").</font></td>
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</table>
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    <td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    2.</font></td>
    <td WIDTH="84%" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The Purchaser wishes to purchase 500 ordinary shares of the Company (representing about
    50% of the total issued share capital of the Company) from the Vendor, and the Vendor
    wishes to sell 500 ordinary shares of the Company to the Purchaser on the terms and
    conditions of this Agreement.</font></td>
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</table>
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    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    1.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    INTERPRETATION</font></b></font></td>
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</table>
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    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    1.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    In this Agreement, including the Schedule, the following words and expressions have the
    following meanings, unless they are inconsistent with the context:-</font></font></td>
  </tr>
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    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;Agreement&quot;</font></b> <font face="Arial" SIZE="2">means this agreement for the
    sale and purchase of the Sale Shares, as amended or supplemented from time to time;</font></font></td>
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</table>
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    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;CMG&quot;</font></b> <font face="Arial" SIZE="2">means China Media Group
    Corporation, a company incorporated in Texas, USA and its shares are quoted on the
    Over-the-counter Bulletin Board. China Media Group Corporation is the parent company of
    the Purchaser;</font></font></td>
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</table>
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    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;Company&quot;</font></b> <font face="Arial" SIZE="2">means AX Organic Limited, a
    company incorporated in Hong Kong and having its registered office at Unit A, 8/F., Fu
    Cheung Centre, 5-7 Wong Chuk Yeung Street, Futan, New Territories;</font></font></td>
  </tr>
</table>
</center></div>

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<blockquote>
  <blockquote>
    <blockquote>
      <blockquote>
      </blockquote>
    </blockquote>
  </blockquote>
</blockquote>
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    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2">&quot;Completion Date&quot;</font></b> <font face="Arial" SIZE="2">means within
    five days or such other dates as the parties may agree in writing after the fulfillments
    of Clause 3.1;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;Consideration Shares&quot;</font></b> <font face="Arial" SIZE="2">means the
    consideration for the Sale Shares being the 10,000,000 common stock of CMG;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;PE Ratio&quot;</font></b> <font face="Arial" SIZE="2">means 3;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;Performance Accounts&quot;</font></b> <font face="Arial" SIZE="2">means the audited
    profits of the Company for the two years from the Completion Date;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;Performance Profits&quot;</font></b> <font face="Arial" SIZE="2">means the
    annualized audited profits of the Company for the two year period from the Completion
    Date;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;Sale Shares&quot;</font></b> <font face="Arial" SIZE="2">means 500 issued ordinary
    shares of HK$1.00 each in the capital of the Company legally and beneficially owned by the
    Vendor.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    2.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    AGREEMENT FOR SALE</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    2.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Subject to the terms and conditions of this Agreement, the Vendor, as beneficial owners of
    the Sale Shares, shall sell and the Purchaser shall purchase the Sale Shares free from all
    liens, charges and encumbrances and with all rights now or hereafter attaching to them.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    3.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    CONDITIONS</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    3.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Completion is conditional upon:-</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (a)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the signing/execution of the Shareholders'</font> <font face="Arial" SIZE="2">Agreement
    between the Purchaser, Man Chan and the Company in the form set out in Schedule One; and</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (b)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the signing/execution of a definitive agreement in accordance with the Memorandum of
    Understanding signed on 8 April 2010 between AX Organic Limited and Huangpi High Yield
    Cultivation Experiment Base.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    4.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    CONSIDERATION</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    4.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The Consideration for the Sale Shares shall be 10,000,000 shares issued by CMG to the
    Vender.</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    5.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    COMPLETION</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    5.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Completion of the purchase of the Sale Shares shall take place at the office of the
    Purchaser, or at any other location agreed by the parties, on the Completion Date.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    5.2</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    On the Completion Date, the Vendor shall deliver to the Purchaser the following:</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (a)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the share certificates of the Sale Shares together with the transfer document to effect
    the transfer of the Sale Shares to the Purchaser;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (b)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the Shareholder Agreement set out in Schedule 1 duly signed executed by the other 50%
    shareholder; and</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (c)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the agreement set out in Clause 3.1 (b).</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    5.3</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    On the Completion Date, the Purchaser shall deliver the Consideration Shares as set out in
    Clause 4.1 above.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    6.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    OBLIGATIONS AFTER COMPLETION</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    6.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The Purchaser agrees that within 32 months after the Completion Date:</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (a)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the Company shall submit to the Vendor the Performance Accounts; and</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (b)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the Purchaser shall procure CMG to issue to the common stock in CMG equal to the
    Performance Profits times the PE Ratio and then divided by the higher of i) the then 15%
    discount of the 20 days closing average of the CMG share price and ii) US$0.01.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    7.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    GENERAL MATTERS</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    7.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The Vendor warrants to the Purchaser:</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (a)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    that he has full power and authority to enter into and perform this Agreement; and</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="603">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (b)</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    that the Sale Shares constitute about 50% of the issued and paid up capital of the
    Company.</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2">7.2</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">The
    rights and remedies of the Purchaser in respect of any breach of the warranties given by
    the Vendor hereunder shall not be affected by completion of the Purchase of the Sale
    Shares or by any failure to exercise or delay in exercising any right or remedy or by any
    other event or matter whatsoever, except a specific and duly authorised written waiver or
    release.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    7.3</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    This Agreement constitutes the whole agreement between the parties and it is expressly
    declared that no variations hereof shall be effective unless made in writing.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    7.4</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Any right of rescission conferred upon the Purchaser hereby shall be in addition to and
    without prejudice to all other rights and remedies available to it.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    7.5</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the Vendor understands that the Consideration Shares may not sell, transfer, assign,
    pledge or otherwise dispose, unless and until (a) CMG shall have been satisfied by an
    opinion of counsel or otherwise that the intended disposition is permissible without
    registration under the 1933 Act (and applicable state securities laws), or (b) the Shares
    shall have been validly registered under the 1933 Act (and applicable state securities
    laws). The Vendor understands that CMG and the officers of CMG have no obligation or
    intention to register any Shares under the 1933 Act (or applicable state securities laws)
    or to file reports, make public the information or take any other steps required to make
    it possible for the Vendor to resell any Shares without registration under the 1933 Act
    (or applicable state securities laws) pursuant to Rule 144 or any other exemption under
    the 1933 Act (or under applicable state securities laws).</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    8.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    NON ASSIGNABILITY</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    8.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    This Agreement shall be binding on each party's successors and assigns but except as
    expressly provided, none of the rights of the parties under this Agreement or the
    warranties provided herein may be assigned or transferred.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    9.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    NOTICES</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    9.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Any notice, demand or communication required or desired to be given or made under this
    Agreement shall be in writing and delivered or sent by post to the address of the
    addressee as set out in this Agreement or to such other address as the addressee may have
    notified for the purpose of this Clause.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    10.</font></b></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    APPLICABLE LAW</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="16%" VALIGN="TOP"><font SIZE="2"><p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
    10.1</font></font></td>
    <td WIDTH="76%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    This Agreement shall be governed by and construed in accordance with the laws of Hong Kong
    Special Administrative Region and the parties irrevocably submit to the non-exclusive
    jurisdiction of the Hong Kong courts.</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<font SIZE="2"><b>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">SCHEDULE 1<br>
SHAREHOLDER AGREEMENT</font></p>
</b></font>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="605">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="LEFT"><font face="Arial" SIZE="2">IN WITNESS</b>
    whereof this Agreement has been executed on the day and year first above written.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="605">
  <tr>
    <td VALIGN="TOP" width="373"><p ALIGN="LEFT"><font face="Arial" SIZE="2"><br>
    <br>
    <br>
    Signed by<br>
    <b>KONG SUM ONN<br>
    </b>in the presence of:<br>
    <br>
    <br>
    <br>
    Signed by<br>
    for and on behalf of<br>
    <b>GOOD WORLD INVESTMENTS LIMITED<br>
    </b>in the presence of:</font></td>
    <td VALIGN="TOP" width="228"><font face="Arial" SIZE="2"><br>
    <br>
    <br>
    )<br>
    )<br>
    )<br>
    <br>
    <br>
    <br>
    )<br>
    )<br>
    )<br>
    )</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Exhibit
    10.2</font></b></font></td>
  </tr>
</table>
</center></div><font SIZE="2"><b><u>

<p ALIGN="CENTER"><br>
<font face="Arial" SIZE="2"><br>
<br>
DATED MAY 2010</font></p>
</u>

<p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
<br>
(1) GOOD WORLD INVESTMENTS LIMITED</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
(2) <u>MAN</u> CHAN</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">AND</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">(3) AX ORGANIC LIMITED</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2"><br>
<br>
<br>
______________________________________________</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">SHAREHOLDERS'</font> <font face="Arial"
SIZE="2">AGREEMENT</font></p>

<p ALIGN="CENTER"><font face="Arial" SIZE="2">______________________________________________</font></p>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
</b></font><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="top" height="20"><font SIZE="2"><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">CONTENTS</font></b></font></td>
  </tr>
  <tr>
    <td VALIGN="top" height="20"></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="5" WIDTH="604">
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2">Number</font></b></u></font></td>
    <td WIDTH="457" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="CENTER"><font face="Arial"
    SIZE="2">Clause Headings</font></b></u></font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font SIZE="2"><u><b><p ALIGN="RIGHT"><font
    face="Arial">Page</font></b></u></font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2">1.</font> </font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Definitions and Interpretation</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">3</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">2.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Business</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">3</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">3.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Contribution by Shareholders 3</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">3</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">4.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Management of the Company</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">6</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">5.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Transfer of Shares</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">8</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">6.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">General Covenants</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">10</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">7.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Representations and Warranties</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">8.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Dissolution and Termination</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">9.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Restrictions</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">12</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">10.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Further Assurance</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">11.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Restrictions on Announcements</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">12.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">No Partnership</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">13.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Conflict with Articles of
    Association</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">14.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Costs</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">15.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Acknowledgement by Company</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">16.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">General</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">17.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Notices</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">14</font></td>
  </tr>
  <tr>
    <td WIDTH="63" VALIGN="TOP"><font face="Arial" SIZE="2">18.</font></td>
    <td WIDTH="457" VALIGN="TOP"><font face="Arial" SIZE="2">Governing Law and Submission to
    Jurisdiction</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">15</font></td>
  </tr>
  <tr>
    <td WIDTH="520" VALIGN="TOP" colspan="2"><font face="Arial" SIZE="2">Schedule 1 DEED of
    adherence 14</font></td>
    <td WIDTH="42" VALIGN="TOP" align="right"><font face="Arial" SIZE="2">14</font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="605">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">THIS
    AGREEMENT</b> is made on the day of May 2010 <b>BETWEEN:</b></font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (1)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Good World Investments Limited</b>, a company incorporated in the<b> </b>British Virgin
    Islands whose registered office is at PO Box 957, Offshore Incorporations Center, Road
    Town, Tortola, British Virgin Islands (&quot;<b>GWIL</b>&quot;);</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (2)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    MAN Chan</b>, a Hong Kong resident with a correspondence address at C1801 Harbourfront
    Horizon, 8 Hung Luen Road, Hung Hom, Kowloon, Hong Kong (&quot;<b>MC</b>&quot;); and</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (3)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    AX Organic Limited</b>, a company incorporated in Hong Kong whose registered office is at
    Unit A, 8/F Fu Cheung Center, 5-7 Wong Chuk Yeung St., Fotan, NT, Hong Kong (&quot;<b>Company</b>&quot;).</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="605">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    WHEREAS</b>:</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (A)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    GWIL is a wholly owned subsidiary of China Media Group Corporation (&quot;CMG&quot;), a
    company incorporated in the State of Texas, USA and quoted on the Over the Counter
    Bulletin Board under the symbol CHMD. GWIL is an investment holding company that has
    subsidiary in the business of media and advertising.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (B)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    GWIL has acquired 50% interests in the Company and wishes to enter into this shareholder
    agreement with the other shareholder in the Company.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (C)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    GWIL and MC wish to work together to market, sell and distribute food products under the
    Memorandum of Understandings entered into by the Company in Hubei China on 8 April 2010.
    The parties recognize the strength and resources available to each party and have formed
    the Company to embark on these business pursuits.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (D)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The Company is a Special Purpose Vehicle set up solely for the purpose to undertake the
    business objectives of the Parties set out in Recital C above.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (E)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    As at the date hereof, the Company has an authorised share capital of HK$10,000 divided
    into 10,000 shares of HK$1.00 each of which 1,000 Shares have been issued and are fully
    paid-up. GWIL and MC each holds 500 Shares of the Company's issued share capital as at the
    date hereof.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    (F)</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    This is the SPV Shareholders'</font> <font face="Arial" SIZE="2">Agreement and the Parties
    wish to enter into this Agreement to regulate the relationship of the Shareholders and the
    affairs of the Company.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="605">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    IT IS HEREBY AGREED as follows:</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    DEFINITIONS AND INTERPRETATION</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.1</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    In this Agreement, where the context so admits, the following words and expressions have
    the following meanings:</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Affiliated Company</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means, in relation to any Shareholder, any subsidiary or
    holding company of such Shareholder or any subsidiary of any such holding company;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Applicable Law</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means any publicly available law, statute, rule, regulation or
    code, or order, decree, requirement, judgment or decision of any governmental or
    regulatory body or authority or court of competent jurisdiction, applicable to a Party or
    to the relevant matter(s) contemplated under this Agreement;</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">&quot;<b>Board</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">means
    the Company's board of directors as constituted from time to time;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Business Plan</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means at the date of this Agreement the Company's business
    plan and budget in the approved terms and at any subsequent date the most recent business
    plan of the Company approved by the Shareholders in accordance with Clause 4.10;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Deed of Adherence</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means a deed, substantially in the form of <b>Schedule 1</b>,
    pursuant to which a transferee or allottee of Shares agrees to be bound by all the terms
    of this Agreement as if it had been a signatory;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Directors</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means the directors of the Company;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Hong Kong</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means the Hong Kong Special Administrative Region of the
    People's Republic of China;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Parties</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means the parties to this Agreement and their respective
    successors and permitted assigns, and &quot;<b>Party</b>&quot;</font> <font face="Arial"
    SIZE="2">means any one of them including any other person who becomes a member of the
    Company and who agrees to be bound by the provisions of this Agreement by executing a Deed
    of Adherence;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>PRC</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means the People's Republic of China but excluding, for the
    purposes of this Agreement, Hong Kong, Macau and Taiwan;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Share</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means share of HK$1.00 each in the share capital of the
    Company having the rights and benefits and being subject to the restrictions set out in
    the Articles of Association;</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    &quot;<b>Shareholders</b>&quot;</font></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means GWIL and MC for as long as they hold any Shares and any
    other person who becomes a member of the Company and who agrees to be bound by the
    provisions of this Agreement by executing a Deed of Adherence, and the expression &quot;<b>Shareholder</b>&quot;</font>
    <font face="Arial" SIZE="2">means any one of them; and</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"></td>
    <td WIDTH="34%" VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    &quot;HK$&quot;</font></b></font></td>
    <td WIDTH="58%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">means Hong Kong Dollars.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.2</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Statutes.</b></u> Any references, express or implied, to statutes or statutory provisions
    will be construed as references to those statutes or provisions as respectively amended or
    re-enacted or as their application is modified from time to time by other provisions
    (whether before or after the date hereof).</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.3</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Clauses and Schedules.</b></u> References in this Agreement to Clauses and Schedules are
    to clauses in and schedules to this Agreement (unless the context otherwise requires). The
    Recitals and Schedules to this Agreement are deemed to form part of this Agreement.</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.4</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Construction</font></b></u></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.4.1</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    All terms defined in the Recitals have the same meanings when used throughout this
    Agreement.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.4.2</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Headings are inserted for convenience only and do not affect the construction of this
    Agreement.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.4.3</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    References to &quot;<b>persons</b>&quot;</font> <font face="Arial" SIZE="2">include bodies
    corporate, unincorporated associations and partnerships (whether or not having separate
    legal personality). The masculine gender includes the feminine and neuter genders and the
    singular number includes the plural, and vice versa.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.4.4</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    References to any document (including this Agreement) are references to that document as
    amended, consolidated, supplemented, novated or replaced from time to time.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.5</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Successors and permitted assigns.</b></u> Where the context permits, the expressions
    &quot;GWIL&quot;, and &quot;MC&quot;</font> <font face="Arial" SIZE="2">include their
    respective successors and permitted assigns.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    1.6</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Approved terms.</b></u> A document expressed to be &quot;<b>in the approved terms</b>&quot;</font>
    <font face="Arial" SIZE="2">means a document the terms of which have been approved by or
    on behalf of the Parties and a copy of which has been signed for the purposes of
    identification by or on behalf of the Parties.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    2.0</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    BUSINESS</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    2.1</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Business.</b></u> The Shareholders acknowledge and agree that the Company has been
    incorporated as, and will procure that the Company remains at all times, a single purpose
    vehicle for the purpose of selling, marketing and distributing of food products in select
    areas in Hubei province as per the Memorandum of Understanding signed on 8 April 2010 (the
    &quot;MOUs&quot;), and any other business approved by the Board from time to time (the
    &quot;Business&quot;).</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    3.0</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    CONTRIBUTION BY SHAREHOLDERS</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    3.1</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Contributions from GWIL.</b></u> GWIL will, in its best efforts from the capital markets,
    contribute up to a maximum of HK$1,000,000 over a three months period as a loan into the
    Company in accordance with the Business Plan of the Company.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    3.2</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Contributions from MC.</b></u> MC and its affiliates shall organize and set up the
    infrastructure with the farms in respect of the businesses set out in the MOUs.</font></font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.0</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    </b></u>Management of the Company</font></font></td>
  </tr>
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.1</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Responsibilities of the Board.</b></u> The business of the Company shall be managed by the
    Board, whose duties and responsibilities shall, subject to Clause 4.10, include without
    limitation:</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>a<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    making all decisions in connection with the management and operational control of the
    Company's Business in accordance with the Business Plan approved in Clause 4.10; and</font></td>
  </tr>
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>b<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    appointing the President and CEO of the Company. The first President and CEO of the
    Company shall be Mr. KONG Onn Sum.</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.2</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Composition of the Board</font></b></u></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>a<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The maximum number of Directors shall be 5. GWIL shall have the right to appoint and
    remove up to 3 Directors and MC shall have the right to appoint and remove up to 2
    Director. Each Shareholder shall effect any appointment or removal by depositing written
    notice at the Company's registered office and sending a copy thereof to each other
    Shareholder.</font></td>
  </tr>
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>b<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Any Shareholder removing a Director shall be responsible for and shall indemnify each
    other Shareholder and the Company against any claim of whatever nature arising out of such
    removal. If a Shareholder ceases to hold Shares, it will procure the resignation of all
    the Directors appointed by it and will indemnify the other Shareholder and the Company
    against any claims which may be brought by such Directors.</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.3</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Chairman.</b></u> One of the Directors, as GWIL shall from time to time select, shall
    preside as chairman of meetings of the Board. The first Chairman shall be Mr. KONG Onn
    Sum.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.4</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><font SIZE="2"><u><b><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Alternate.</b></u> Each Director is entitled to appoint any person to be his alternate.
    Each alternate shall have one vote for every Director whom he represents, provided that if
    such alternate is himself a Director then he shall have one vote for every Director whom
    he represents in addition to any vote of his own.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.5</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><u><b><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Quorum</font></font></b></u></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>a<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The quorum for meetings of the Board shall be 2 Directors, of whom one shall be a Director
    appointed by GWIL and one shall be a Director appointed by MC (whether present in person
    or by proxy or representative).</font></td>
  </tr>
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>b<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    A quorum must be present at the beginning of and throughout each meeting. If within 30
    minutes of the time appointed for a meeting a quorum is not present, the meeting shall
    stand adjourned until the same time and place on the same day in the next week. If at such
    adjourned meeting a quorum is not present within 30 minutes from the time appointed for
    such adjourned meeting (or such longer interval as the chairman of the meeting may think
    fit to allow), the Directors present in person or by his alternate shall constitute a
    quorum.</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.6</font></font></td>
    <td WIDTH="92%" VALIGN="TOP"><u><b><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"
    SIZE="2"><br>
    Meetings of the Board</font></font></b></u></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>a<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Subject to Applicable Law, the Board shall meet as required at such time and place and in
    such manner as shall be agreed by the Board. Unless waived by all Directors in writing,
    not less than 7 days'</font> <font face="Arial" SIZE="2">notice of each meeting of the
    Board specifying in reasonably sufficient detail the business to be transacted thereat
    shall be given to each Director and his alternate.</font></td>
  </tr>
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>b<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Subject to Applicable Law and Clause 4.10, questions arising at any meeting of the Board
    shall be decided by a majority of votes and in the case of an equality of votes, the
    Chairman shall not have a second or casting vote.</font></td>
  </tr>
  <tr>
    <font SIZE="2"><td WIDTH="47" VALIGN="TOP"></font></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (c)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Directors may participate in a meeting of the Board by means of conference telephone or
    similar communications equipment whereby all persons participating in the meeting can hear
    each other and such participation shall constitute presence in person. Resolutions of the
    Board may be passed by circular resolution signed by all the Directors.</font></td>
  </tr>
</table>
</center></div><font SIZE="2">

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"></font><font SIZE="2"><br>
    </font><font face="Arial" SIZE="2">(d)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    If the Board so authorises or requests, auditors, consultants, advisers and employees
    shall be permitted to attend and speak (but not to vote) at meetings of the Board.</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><p ALIGN="JUSTIFY"><br>
    <font face="Arial" SIZE="2">4.7</font></td>
    <td WIDTH="92%" VALIGN="TOP"><u><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Exercise of rights.</b></u> Each Shareholder will exercise or refrain from exercising any
    voting rights or other powers of control so as to ensure the passing of any and every
    resolution necessary or desirable to procure that the affairs of the Company are conducted
    in accordance with, and otherwise to give full effect to, the provisions of this Agreement
    and likewise to ensure that no resolution is passed which does not accord with such
    provisions.</font></td>
  </tr>
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    4.8</font></td>
    <td WIDTH="92%" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <u><b>Committees of the Board.</b></u> The Board may delegate any of its powers including
    the day-to-day running of the business of the Company to a committee or committees
    consisting of such number of Directors as it thinks fit, provided that each such committee
    shall comprise at least one Director appointed by GWIL and one Director appointed by MC.
    The provisions of Clauses 4.5 and 4.6 in relation to the Board shall apply with the
    necessary modifications to any committee of the Board. Any committee so formed shall, in
    the exercise of the powers so delegated, conform to any regulations that may be imposed on
    it by the Board..</font></td>
  </tr>
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    4.9</font></td>
    <td WIDTH="92%" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <b><u>Remuneration.</u> </b>The remuneration (if any) of the Directors shall be determined
    by, and subject to the unanimous approval of, the Shareholders.</font></td>
  </tr>
  <tr>
    <td WIDTH="8%" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    4.10</font></td>
    <td WIDTH="92%" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Matters requiring unanimous consent.</b></u> The Shareholders shall exercise all
    voting rights and other powers of control available to them in relation to the Company to
    procure that the Company and the Board (including any committee thereof) shall not without
    the prior written approval of the Shareholders, which approval may be given by the
    Shareholder or a Director appointed by it or his alternate (and, for this purpose, each
    Director appointed by a Shareholder and his alternate shall be deemed to have authority to
    bind that Shareholder in relation to the provisions of this Clause 4.10 unless otherwise
    notified to each other Shareholder).</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>a<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    permitting any merger or consolidation of the Company with any other entity, any
    reorganisation of the Company or any transfer of all or any part of the assets of the
    Company;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
    (</font>b<font SIZE="2">)</font></font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    permitting any change to the authorised or issued share capital from time to time of the
    Company, granting or agreeing to grant any option over or right to acquire or issuing or
    agreeing to issue any instrument carrying rights of conversion into any Share or other
    security of the Company, permitting the redemption or purchase by the Company of any
    Shares or any other reorganisation of the share capital of the Company;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (c)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    varying any rights, benefits or restrictions attaching to any Shares;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (d)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    amending the Articles of Association or other constitutional documents of the Company;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (e)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    approving the Business Plan or making any substantive alteration to any Business Plan so
    approved;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (f)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    making any composition or arrangement with its creditors, moving for insolvency,
    receivership or administration or doing or permitting or suffering to be done any act or
    thing whereby the Company may be wound up (whether voluntarily or compulsorily);</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (g)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    carrying on any business other than the business activities described in Clause 2.1;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (i)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    declaring or paying any dividend or other distribution in cash or specie except as
    provided in Clause 8.1;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (j)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    entering into any partnership or profit sharing or joint venture arrangement; or</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (l)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    entering into, amending or terminating any agreement or other arrangement between the
    Company and any Shareholder or any Affiliated Company of a Shareholder.</font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"><br>
    <font face="Arial" SIZE="2"><font SIZE="2">4.</font>11</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Separate and independent undertaking.</b></u> As a separate and independent
    undertaking, the Company agrees with each Shareholder that it will (so far as permitted by
    Applicable Law) observe and comply with the provisions, prohibitions and restrictions in
    this Clause 4.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">4.</font>12</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Duty to the Company.</b></u> Each of the Directors, in performing his duties to the
    Company, shall be entitled to consider the interest of the Shareholder which designated or
    appointed him to the Board pursuant to Clause 4.2.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    5.</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Transfer of Shares</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    5.1</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Restriction on transfers.</b></u> Subject to the provisions of this Agreement, no
    transfer of any Shares shall be made by any Shareholder unless the provisions in this
    Clause 5 are complied with in respect of such transfer, and no Shareholder shall sell,
    mortgage, charge or otherwise dispose of or encumber the whole or any part of its
    shareholding or assign or otherwise purport to deal with the beneficial interest therein
    or any right in relation thereto separate from the legal interest.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>2</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <b><u>Transfer to Affiliated Companies.</u> </b>The Parties agree that a transfer of
    Shares by a Shareholder to its Affiliated Company shall be permitted provided that:</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (a)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the obligations of the transferor Shareholder under this Agreement will remain unaffected
    by the proposed transfer; and</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (b)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the Shares will be re-transferred to the transferor Shareholder immediately upon the
    transferee ceasing to be an Affiliated Company of the transferor Shareholder.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>2</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <b><u>Transfer to Affiliated Companies.</u> </b>The Parties agree that a transfer of
    Shares by a Shareholder to its Affiliated Company shall be permitted provided that:</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>3</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Pre-emption rights</b></u> </font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    5.3.1</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    A Shareholder (&quot;<b>Transferor</b>&quot;) wishing to transfer any or all of its Shares
    to an unaffiliated third party who has made a bona fide offer therefor shall give a notice
    in writing (&quot;<b>Transfer Notice</b>&quot;) to each other Shareholder that it desires
    to transfer the same. The Transfer Notice shall specify:</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (a)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the number of shares which the Transferor wishes to transfer (&quot;<b>Relevant Shares</b>&quot;);</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (b)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the name of the person who made the bona fide offer for the Relevant Shares (&quot;<b>Transferee</b>&quot;);</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (c)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the price in cash which the Transferee has offered for the Relevant Shares; and</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (d)</font></td>
    <td WIDTH="506" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    details of any other material terms of the offer made by the Transferee,</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    </font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    and shall be accompanied by a term sheet executed by the Transferor and Transferee
    reflecting the matters set out in Clauses 5.3.1(a) to (d) above.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>3.2</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Each other Shareholder shall be entitled within a period of 20 days after the Transfer
    Notice was given (&quot;<b>Prescribed Period</b>&quot;) to serve a purchase notice (&quot;<b>Purchase
    Notice</b>&quot;) on the Transferor requiring it to sell all (but not part only) of the
    Relevant Shares to it at the same price and on the same material terms as those offered by
    the Transferee as set out in the Transfer Notice and evidenced by the term sheet referred
    to in Clause 5.3(a).</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>3.3</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    If only one Shareholder serves a Purchase Notice within the Prescribed Period, such
    Shareholder shall be entitled to purchase all of the Relevant Shares at the price per
    Share and on the material terms set out in the Transfer Notice. The Transferor shall be
    bound upon payment by such Shareholder to transfer to it, and such Shareholder shall be
    bound to pay for and accept a transfer of, all of the Relevant Shares.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>3.4</font></td>
    <td WIDTH="555" VALIGN="TOP" colspan="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    If more than one Shareholder serve a Purchase Notice within the Prescribed Period, each
    such Shareholder shall be entitled to purchase such number of the Relevant Shares as is
    equivalent to the total number of Relevant Shares multiplied by a fraction, the numerator
    of which is the number of Shares held by each such Shareholder and the denominator of
    which is the total number of Shares held by all such Shareholders, at the price per Share
    and on the material terms set out in the Transfer Notice. The Transferor shall be bound
    upon payment by each such Shareholder to transfer to it, and each such Shareholder shall
    be bound to pay for and accept a transfer of, the relevant number of Relevant Shares.
    Completion of the transfer of the Relevant Shares to the purchasing Shareholders pursuant
    to this Clause 5.3(d) shall take place simultaneously.</font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2">5.</font>3.5</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Completion of
    the transfer of the Relevant Shares pursuant to Clause 5.3.3 or 5.3.4 shall occur at such
    time and place as may be agreed by the Transferor and the purchasing Shareholder(s),
    provided that it shall not be later than 30 days from the date on which the Purchase
    Notice or the last of the Purchase Notices was served in accordance with Clause 5.3.2.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>3.6</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    If no Shareholder has served on the Transferor a Purchase Notice within the Prescribed
    Period, the Transferor shall be entitled to sell all (but not part only) of the Relevant
    Shares to the Transferee at the price and on the material terms set out in the Transfer
    Notice, provided that if such sale is not completed within 2 months after the Transfer
    Notice was given the right of the Transferor to sell the Relevant Shares to the Transferee
    shall lapse. The Directors shall be bound to register a transfer effected pursuant to this
    Clause 5.3.6.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Default</b></u></font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4.1</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Upon the occurrence of any of the following events (&quot;<b>Default Event</b>&quot;) in
    respect of a Shareholder (&quot;<b>Defaulting Shareholder</b>&quot;), each other
    Shareholder may serve a written notice of default in relation thereto on the Defaulting
    Shareholder:</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (a)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    if the Defaulting Shareholder is in material breach of any of its obligations under this
    Agreement and such breach, if capable of remedy, has not been remedied to the reasonable
    satisfaction of each other Shareholder on expiry of 30 days following written notice to
    that effect having been served on the Defaulting Shareholder requiring the breach to be
    remedied;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (b)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    a petition is presented or proceeding is commenced or an order is made or an effective
    resolution is passed for the winding-up, insolvency, administration, reorganisation,
    reconstruction, dissolution or bankruptcy of the Defaulting Shareholder or for the
    appointment of a liquidator, receiver, administrator, trustee or similar officer of the
    Defaulting Shareholder or of all or a substantial part of its property, assets or
    revenues;</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (c)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the Defaulting Shareholder stops or suspends payment to its creditors generally or is
    unable or admits its inability to pay its debts as they fall due or seeks to enter into
    any composition or other arrangement with its creditors or is declared or becomes bankrupt
    or insolvent.</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4.2</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Each other Shareholder shall have the right to require the Defaulting Shareholder to sell
    to it all (but not part only) of the Shares of the Defaulting Shareholder (&quot;<b>Call
    Option</b>&quot;). A Shareholder wishing to exercise the Call Option (&quot;<b>Exercising
    Shareholder</b>&quot;) shall do so by serving written notice (&quot;<b>Call Option Notice</b>&quot;)
    on the Defaulting Shareholder within 30 days of the notice of default referred to in
    Clause 5.4.1. Upon service of a Call Option Notice(s), the Defaulting Shareholder shall be
    bound to transfer all of its Shares to the Exercising Shareholder(s) in accordance with
    this Clause 5.4.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4.2.1</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    If there is only one Exercising Shareholder, such Exercising Shareholder shall be entitled
    to purchase all (but part only) of the Shares held by the Defaulting Shareholder. If there
    is more than one Exercising Shareholder, each Exercising Shareholder shall have the right
    to purchase such number of the Shares held by the Defaulting Shareholder as is equivalent
    to the total number of Shares held by the Defaulting Shareholder multiplied by a fraction,
    the numerator of which is the number of Shares held by such Exercising Shareholder and the
    denominator of which is the total number of Shares held by all the Exercising
    Shareholders.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4.2.2</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    The transfer of the Shares by the Defaulting Shareholder to the Exercising Shareholder(s)
    pursuant to this Clause 5.4 shall be at a price per Share equivalent to the net worth of
    the Company divided by the number of Shares in issue and outstanding at the time of
    valuation (&quot;<b>Net Asset Value per Share</b>&quot;) as agreed by the Defaulting
    Shareholder and the Exercising Shareholder(s).</font></td>
  </tr>
</table>
</center></div>

<hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
<div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4.2.3</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    If the Defaulting Shareholder and the Exercising Shareholder(s) are not able to reach
    agreement on the Net Asset Value per Share within 20 days after the Call Option Notice or
    the last of the Call Option Notices was served, the Board shall forthwith appoint an
    internationally recognised independent valuation expert or investment bank (other than any
    of the Shareholders or their Affiliated Companies) (&quot;<b>Valuer</b>&quot;) to
    determine the Net Asset Value per Share. The Net Asset Value per Share as determined and
    certified in writing by the Valuer shall, in the absence of manifest error, be conclusive
    and binding on the Defaulting Shareholder and the Exercising Shareholder(s). In
    determining the Net Asset Value per Share, the Valuer shall act as experts and not as
    arbitrators. The costs of such determination shall be borne by the Defaulting Shareholder.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>4.2.4</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    Completion of the sale and purchase of the Shares of the Defaulting Shareholder pursuant
    to this Clause 5.5 shall take place no later than 30 days after the date on which the
    Defaulting Shareholder and the Exercising Shareholder(s) agree on the Net Asset Value per
    Share or the date on which the Valuer certifies in writing its determination of the Net
    Asset Value per Share, whichever is later.</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    <font SIZE="2">5.</font>5</font></td>
    <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    <u><b>Condition precedent to transfer.</b></u> It shall be a condition precedent to the
    right of any Shareholder to transfer any Shares permitted by this Clause 5 that:</font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (a)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    the transferee (if not already bound by the provisions of this Agreement) executes a Deed
    of Adherence under which the transferee shall agree to be bound by and shall be entitled
    to the benefit of this Agreement as if an original party hereto; and</font></td>
  </tr>
  <tr>
    <td WIDTH="47" VALIGN="TOP"></td>
    <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
    (b)</font></td>
    <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
    except where the transfer is in accordance with Clause 5.2 or Clause 5.4.2, the transferor
    assigns and the transferee accepts an assignment of all or, in the case of a transfer of
    part of the Shares of a Shareholder, a proportionate part of the loans or guarantees made
    to or given on behalf of the Company by the transferor and for the time being outstanding.</font></td>
  </tr>
</table>
</center></div>

<blockquote>
  <blockquote>
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        <font SIZE="2">5.</font>6</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        <u><b>Directors to register transfer.</b></u> The Shareholders will procure the Directors
        to register any transfer of Shares which complies with the provisions of this Clause 5.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        <font SIZE="2">5.</font>7</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        <u><b>Completion of transfer.</b></u> All transfers between the Shareholders, whether
        pursuant to this Clause 5 or any other provision of this Agreement, shall be effected by
        the transferor selling as beneficial owner free and clear of all liens, charges and
        encumbrances and together with all rights attaching thereto. Upon completion, the
        transferor shall deliver to the transferee duly executed transfers in respect of the
        Shares transferred in favour of the transferee together with the relative share
        certificates against payment by the transferee of the price due in respect thereof. The
        Shareholders shall do or procure to be done all such acts and things as may be necessary
        to give full effect to the transfers and the registration thereof.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        <font SIZE="2">5.</font>8</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        <u><b>CTransfer by unanimous consent.</b></u> The foregoing provisions of this Clause 5
        shall not apply to any transfer of Shares to which the consent of all the Shareholders is
        obtained in writing.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        <font SIZE="2">5.</font>9</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        <u><b>Ceasing to hold any Shares.</b></u> Save as otherwise provided herein, if a Party
        ceases to be a Shareholder by reason of transferring all of its Shares to another
        Shareholder or person, whether pursuant to this Clause 5 or otherwise, the provisions of
        this Agreement (other than Clauses 1, 9, 11, 16 and 18) shall cease to have effect in
        relation to the former Shareholder save in relation to any antecedent claims which may
        have arisen between the Parties prior to such transfer.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        6<font SIZE="2">.</font></font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        General Covenants</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        6<font SIZE="2">.</font>1</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        The Company shall:</font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        (i)</font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        keep true and accurate books of account and records in accordance with usual accounting
        practices and procedures and procure that such books and records are audited by the
        Company's auditors from time to time as soon as possible after the end of each financial
        year;</font></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2">(ii)</font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">promptly
        deliver to each Shareholder true and accurate copies of all material reports, statements,
        tax returns, filings, notices and other documents and correspondence filed with or
        received from any relevant governmental or regulatory authority; and</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        (iii)</font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        provide each Shareholder with such financial or other information relating to the Company
        as such Shareholder may reasonably request from time to time.</font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        6.2</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        Each Shareholder and its authorised representatives shall have the right at all reasonable
        times during normal business hours to inspect the books of account and records of the
        Company and make extracts and copies therefrom at their own expense, and to have full
        access to all property and assets of the Company.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        6.3</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        The Company shall prepare and timely file, or cause to be prepared and timely filed, all
        tax returns (if any) which may be required by Applicable Law in each jurisdiction in which
        it operates or conducts its business for each year or period for which such returns are
        required to be filed. The Company shall also use best efforts to cause to be prepared and
        delivered to each Shareholder within 6 months after the end of each financial year such
        information as may be reasonably necessary for each Shareholder to prepare income tax
        returns such Shareholder is required to prepare and/or file under Applicable Law.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        6.4</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        The Parties shall procure that all dealings between the Company and the Shareholders or
        their Affiliated Companies approved in accordance with Clause 4.10 shall be on a fair and
        equitable basis both as regards the interests of the Company and the transaction and the
        balancing of the interests of the Shareholders and their Affiliated Companies.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        7.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        Representations and Warranties</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        7.1</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        Each Shareholder represents and warrants to each other Shareholder that:</font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        (i)</font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        it is a company duly incorporated with limited liability and validly existing under the
        laws of its jurisdiction of incorporation, and has full power, authority and legal right
        to own its property and assets and to carry on its business in the jurisdictions in which
        it carries on business;</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        (ii)</font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        it has full power, authority and legal right to enter into and engage in the transactions
        contemplated by this Agreement and has taken or obtained all necessary corporate and other
        action and consents to authorize the execution and performance by it of this Agreement;</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        <br>
        (iii)</font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        <br>
        this Agreement constitutes legal, valid and binding obligations of such Shareholder
        enforceable in accordance with its terms; and</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
        (i</font>v<font SIZE="2">)</font></font></td>
        <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        neither the execution of this Agreement nor the performance of any obligation or the
        exercise of any right hereunder by such Shareholder will conflict with or result in a
        breach of any Applicable Law or cause any limitation placed on it or the powers of its
        directors to be exceeded.</font></td>
      </tr>
    </table>
    </center></div>
  </blockquote>
</blockquote>

<blockquote>
  <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      8.</font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      Dissolution and Termination</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      8.1</font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      <u><b>Dissolution.</b></u> Each of the Shareholders agrees to cause the Company to be
      liquidated and/or dissolved and to distribute all of the assets held by it in the event
      that all assets held by the Company have been sold, liquidated or otherwise disposed of.</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      </font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      Each of the Shareholders shall procure the Directors designated or appointed by it to the
      Board to do and execute and procure to be done and executed all such acts, deeds,
      documents and things as may be necessary to give full effect to the provisions of this
      Clause 8.1.</font></td>
    </tr>
  </table>
  </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
  <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2">8.2</font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b>Termination.</b></u>
      This Agreement shall continue in full force and effect until any of the following shall
      occur:</font></td>
    </tr>
  </table>
  </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
  CELLPADDING="1" WIDTH="606">
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      (i)</font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      the Company is dissolved pursuant to Clause 8.1 or otherwise; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      (ii)</font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      the Company is listed or quoted on a recognized exchange; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (i</font>ii<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      there is a change in control in CMG, the holding company of GWIL; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (i</font>v<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      one Shareholder becomes the beneficial owner of all the Shares in issue and outstanding
      for the time being; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (</font>v<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      this Agreement is terminated by mutual agreement of the Shareholders upon such terms and
      conditions as they may unanimously agree.</font></td>
    </tr>
  </table>
  </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
  CELLPADDING="1" WIDTH="606">
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
      </b></u>The termination of this Agreement for any reason shall not affect any right,
      obligation or liability that has accrued under this Agreement on or prior to the date of
      termination (including any obligations with respect to confidentiality under Clause 9.1.)</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      9.</font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
      </b></u>Restrictions</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      9.1</font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
      Confidentiality.</b></u> Subject to Clause 9.2, at all times hereafter, each Shareholder
      shall and shall procure that its subsidiaries and its and their respective officers,
      employees, agents and advisers shall keep secret and confidential all confidential
      information relating to the Company or its business or operations and all confidential
      information received by one Shareholder relating to the other Shareholder, its
      subsidiaries, its holding company or the subsidiaries of its holding company, or any of
      their respective affairs (collectively &quot;<b>Confidential Information</b>&quot;) and
      not disclose to any party or make use of for any purpose any Confidential Information.</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
      9.2</font></td>
      <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
      Permitted disclosure.</b></u> Clause 9.1 shall not apply to the disclosure of any
      Confidential Information by either Shareholder:</font></td>
    </tr>
  </table>
  </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
  CELLPADDING="1" WIDTH="606">
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (</font>a<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      to its own financial, accounting, tax, legal and/or other professional advisers in
      connection with the transactions contemplated hereunder; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (</font>b<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      to the financial, accounting, tax, legal and/or other professional advisors of the Company
      in connection with the transactions contemplated hereunder; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (</font>c<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      to the extent such disclosure is required by Applicable Law, in which event the
      Shareholder concerned shall, if practicable, supply an advanced copy of the required
      disclosure to each other Shareholder and incorporate any additions or amendments
      reasonably requested by it; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (</font>d<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      to the extent the relevant information is in the public domain as at the date hereof or
      subsequently comes into the public domain otherwise than by reason of default of the
      disclosing Shareholder under Clause 9.1; or</font></td>
    </tr>
    <tr>
      <td WIDTH="47" VALIGN="TOP"></td>
      <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
      (</font>e<font SIZE="2">)</font></font></td>
      <td WIDTH="506" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
      to a potential transferee of its Shares pursuant to the provisions of this Agreement,
      provided that such disclosure is limited to information reasonably necessary for the
      transferee's decision to purchase the relevant Shares and such transferee agrees in
      writing to be bound by the same confidentiality obligations as the disclosing Shareholder.</font></td>
    </tr>
  </table>
  </center></div>
</blockquote>

<blockquote>
  <blockquote>
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        9.3</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Validity of restrictions.</b></u> While the restrictions contained in this Clause 9 are
        considered by the Shareholders to be reasonable in all the circumstances, it is recognised
        that restrictions of the nature in question may fail for technical reasons and
        accordingly, it is hereby agreed and declared that if any of such restrictions shall be
        adjudged to be void as going beyond what is reasonable in all the circumstances for the
        protection of the interests of the relevant Shareholder but would be valid if part of the
        wording thereof were deleted or the period thereof reduced or the range of activities
        dealt with thereby reduced in scope, the said restrictions shall apply with such
        modifications as may be necessary to make it valid and effective.</font></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2">10.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Further
        Assurance</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>The Parties shall do and execute or procure to be done and executed all such
        further acts, deeds, documents and things as may be necessary to give full effect to the
        provisions of this Agreement.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        11.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Restrictions on Announcements</font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Each Party undertakes that it will not, save as required by Applicable Law, make
        any announcement in connection with this Agreement unless the other Party has given their
        respective consent to such announcement (which consent may not be unreasonably withheld or
        delayed and may be given either generally or in a specific case or cases and may be
        subject to conditions)<font SIZE="2">.</font></font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><br>
        <font face="Arial" SIZE="2">12.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>No Partnership</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Nothing contained or implied in this Agreement shall constitute or be deemed to
        constitute a partnership or agency between the Parties and save as expressly agreed herein
        none of the Parties shall have any authority to bind or commit any other Party.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        13.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Conflict with Articles of Association</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>The Shareholders hereby agree that if and to the extent that the Articles of
        Association conflict with the provisions of this Agreement, this Agreement shall prevail
        for so long as it is in force to regulate the way in which they exercise their respective
        voting rights as shareholders of the Company and each Shareholder shall take all such
        further steps as may be necessary or requisite to ensure that the provisions of this
        Agreement shall prevail.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        14.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Costs</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Subject to the provisions of this Agreement, each Party shall pay its own costs
        and disbursements of and incidental to the preparation, negotiation and execution of this
        Agreement.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        15.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Acknowledgement by Company</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>The Company acknowledges the terms of this Agreement and in consideration of the
        Shareholders agreeing to enter into this Agreement undertakes that it will not, and so far
        as it is able will procure that no other person will, do anything which is in breach of or
        inconsistent with the terms hereof.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        16.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>General</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        16.1</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Entire Agreement.</b></u> This Agreement (together with any documents referred to herein
        or executed contemporaneously by the Parties in connection herewith) constitutes the whole
        agreement between the Parties and supersedes any previous agreements or arrangements
        between them relating to the subject matter hereof.</font></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><br>
        <font face="Arial" SIZE="2">16.2</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Amendment.</b></u> Any amendment or waiver of any provision of this Agreement and any
        waiver of any default under this Agreement is effective only if made in writing and signed
        by or on behalf of each of the Parties.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        16.3</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        No Waiver.</b></u> No failure or delay by either Party in exercising any right, power or
        remedy hereunder will impair such right, power or remedy or operate as a waiver thereof,
        nor will any single or partial exercise of the same preclude any further exercise thereof
        or the exercise of any other right, power or remedy. The rights, powers and remedies
        provided herein are cumulative and do not exclude any other rights, powers and remedies
        provided by law.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        16.4</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Assignment.</b></u> This Agreement shall be binding upon and enure for the benefit of the
        successors of each of the Parties. Save as provided in this Agreement, no Party may assign
        or transfer of any of its rights or obligations under this Agreement without the prior
        written consent of the other Parties.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        16.5</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Severability.</b></u> If any provision or part of a provision of this Agreement shall be,
        or be found by any authority or court of competent jurisdiction to be, invalid or
        unenforceable, such invalidity or unenforceability shall not affect the other provisions
        or parts of such provisions of this Agreement, all of which shall remain in full force and
        effect.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        16.6</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Counterparts.</b></u> This Agreement may be executed in one or more counterparts, and by
        the Parties on separate counterparts, but will not be effective until each Party has
        executed at least one counterpart and each such counterpart will constitute an original of
        this Agreement but all the counterparts will together constitute one and the same
        instrument. Immediate evidence that an engrossment has been executed may be provided by
        transmission of such engrossment by facsimile machine with the original executed
        engrossment to be forthwith put in the mail.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        17.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Notices</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        17.1</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Delivery Address/Fax Number.</b></u> Each notice, demand or other communication given or
        made under this Agreement shall be in writing and delivered or sent to the relevant Party
        at its address or facsimile number set out below (or such other address or facsimile
        number as the addressee has by 5 days'</font> <font face="Arial" SIZE="2">prior written
        notice specified to the other Parties):</font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><br>
        </td>
        <td WIDTH="154" VALIGN="TOP"><p ALIGN="JUSTIFY"><u><b><br>
        </b><font face="Arial" SIZE="2">GWIL and the Company</font></u></td>
        <td WIDTH="20" VALIGN="TOP"></td>
        <td WIDTH="381" VALIGN="TOP"></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        Name</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        :</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        Ren Ren Media Group Limited</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2">Address</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2">:</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2">1403 Wan Chai Commercial Center,
        194-204 Johnston Road, Wanchai, HK</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        Attention</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        :</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        President &amp; CEO</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2">Facsimile Number</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2">:</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2">+852 [ ]</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        <u>MC</u></font></td>
        <td WIDTH="20" VALIGN="TOP"></td>
        <td WIDTH="381" VALIGN="TOP"></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        Name</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        :</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2"><font SIZE="2"><br>
        </font>MAN Chan</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2">Address</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2">:</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2">C1801, Harbourfront Horizon, 8
        Hung Lung Rd, Hung Hom, Kowloon, HK</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"></td>
        <td WIDTH="154" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        Facsimile Number</font></td>
        <td WIDTH="20" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        :</font></td>
        <td WIDTH="381" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        + [ ]</font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        17.2</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Manner of Delivery.</b></u> Any notice required to be given by any Party to the other
        Parties shall be deemed validly served by hand delivery or by prepaid registered letter
        sent through the post (airmail if to an overseas address) or by facsimile transmission to
        its address or facsimile number set out in Clause 17.1 or such other address or facsimile
        number as may from time to time be notified for this purpose.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        17.3</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Deemed Delivery.</b></u> Any notice served by hand is deemed to have been served on
        delivery, any notice served by facsimile transmission is deemed to have been served when
        sent and any notice served by prepaid registered letter is deemed to have been served 48
        hours (72 hours in the case of a letter sent by airmail to an address in another country)
        after the time at which it was posted. In proving service, it is sufficient in the case of
        service by hand and prepaid registered letter to prove that the notice was properly
        addressed and delivered or posted, as the case may be, and in the case of service by
        facsimile transmission to prove that the transmission was confirmed as validly and
        completely sent by the originating machine.</font></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="606">
      <tr>
        <td WIDTH="47" VALIGN="TOP"><br>
        <font face="Arial" SIZE="2">18.</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        </b></u>Governing Law and Submission to Jurisdiction</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        </font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        Governing law and jurisdiction.</b></u> This Agreement shall be governed by and construed
        in accordance with the laws of Hong Kong Special Administrative Region and the Parties
        irrevocably submit to the non-exclusive jurisdiction of the courts of Hong Kong for the
        purpose of enforcing any claim arising hereunder.</font></td>
      </tr>
      <tr>
        <td WIDTH="47" VALIGN="TOP"><font face="Arial" SIZE="2"><br>
        18.1</font></td>
        <td WIDTH="555" VALIGN="TOP"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><u><b><br>
        GWIL's process agent.</b></u> GWIL hereby irrevocably appoints Ren Ren Media Group Limited
        of 1403 Wan Chai Commercial Center, 194-204 Johnston Road, Wanchai, Hong Kong as its agent
        to receive and acknowledge on its behalf service of any writ, summons, order, judgment or
        other notice of legal process in Hong Kong. If for any reason the agent named above (or
        its successor) no longer serves as agent of GWIL for this purpose, GWIL shall promptly
        appoint a successor agent satisfactory to the other Parties, notify the other Parties
        thereof and deliver to the other Parties a copy of the new process agent's acceptance of
        appointment Provided that until the other Parties receive such notification, they shall be
        entitled to treat the agent named above (or its said successor) as the agent of GWIL for
        the purposes of this Clause. GWIL agrees that any such legal process shall be sufficiently
        served on it if delivered to such agent for service at its address for the time being in
        Hong Kong whether or not such agent gives notice thereof to GWIL.</font></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
    <b><p ALIGN="CENTER"><font face="Arial" SIZE="2">Schedule 1<br>
    Deed of Adherence</font></b></p>
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">Date:</font></font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        By this Deed we, [&middot; ], having our registered office at [&middot; ], intending to
        become a shareholder of [&middot; ] (&quot;<b>Company</b>&quot;) hereby agree with the
        Company and each of its shareholders to comply with and to be bound by all of the
        provisions of a Shareholders'</font> <font face="Arial" SIZE="2">Agreement dated [&middot;
        ] between the Company, [GWIL] and [MC] (a copy of which has been delivered to us and which
        we have initialled and attached hereto for identification) in all respects as if we were a
        party to such Agreement and were named therein as a Shareholder and a Party and on the
        basis that references therein to each of Shareholder and Party include a separate
        reference to us.</font></font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2"><br>
        IN WITNESS WHEREOF</b> this Deed has been executed by us and is intended to be and is
        hereby delivered on the date appearing at the head hereof.</font></font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP" width="261"><font SIZE="2"><b><p ALIGN="JUSTIFY"><br>
        <br>
        <br>
        </b><font face="Arial" SIZE="2">THE COMMON SEAL of</font></font></td>
        <td VALIGN="TOP" width="38"><br>
        <br>
        <font face="Arial" SIZE="2"><br>
        <font SIZE="2">)</font></font></td>
        <td VALIGN="TOP" width="299"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"></td>
        <td VALIGN="TOP" width="38"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="299"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"><font face="Arial" SIZE="2">was affixed to this Deed</font></td>
        <td VALIGN="TOP" width="38"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="299"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"><font face="Arial" SIZE="2">in the presence of:</font></td>
        <td VALIGN="TOP" width="38"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="299"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"></td>
        <td VALIGN="TOP" width="38"></td>
        <td VALIGN="TOP" width="299"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"></td>
        <td VALIGN="TOP" width="38"></td>
        <td VALIGN="TOP" width="299"><p style="text-align:justify;"><font face="Arial"><u><br>
        <br>
        <br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        <br>
        </u><font SIZE="2">Director<br>
        <br>
        </font><u><br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        <br>
        </u><font SIZE="2">Director/Secretary</font></font></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
    <div align="center"><center><table BORDER="0" CELLSPACING="0" CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP"><font SIZE="2"><b><p ALIGN="JUSTIFY"><font face="Arial" SIZE="2">IN
        WITNESS WHEREOF</b> the Parties have signed this document on the date appearing at the
        head hereof.</font></font></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP" width="262"><br>
        <br>
        <font SIZE="2"><br>
        </font><font face="Arial" SIZE="2">Signed by</font></td>
        <td VALIGN="TOP" width="34"><br>
        <br>
        <font face="Arial" SIZE="2"><br>
        <font SIZE="2">)</font></font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"></td>
        <td VALIGN="TOP" width="34"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"><font face="Arial" SIZE="2">for and on behalf of</font></td>
        <td VALIGN="TOP" width="34"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"><font face="Arial" SIZE="2"><b>Good World Investments Limited</b></font></td>
        <td VALIGN="TOP" width="34"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"><font face="Arial" SIZE="2">in the presence of:</font></td>
        <td VALIGN="TOP" width="34"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP" width="262"><br>
        <br>
        <font SIZE="2"><br>
        </font><font face="Arial" SIZE="2">Signed by</font></td>
        <td VALIGN="TOP" width="35"><br>
        <br>
        <font face="Arial" SIZE="2"><br>
        <font SIZE="2">)</font></font></td>
        <td VALIGN="TOP" width="301"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="301"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"><font face="Arial" SIZE="2"><b>MAN CHAN</b></font></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="301"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="262"><font face="Arial" SIZE="2">in the presence of:</font></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="301"></td>
      </tr>
    </table>
    </center></div><div align="center"><center><table BORDER="0" CELLSPACING="0"
    CELLPADDING="1" WIDTH="604">
      <tr>
        <td VALIGN="TOP" width="261"><font SIZE="2"><br>
        </font><font face="Arial" SIZE="2"><br>
        <br>
        Signed by</font></td>
        <td VALIGN="TOP" width="35"><br>
        <br>
        <font face="Arial" SIZE="2"><br>
        <font SIZE="2">)</font></font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"><font face="Arial" SIZE="2">for and on behalf of</font></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"><font face="Arial" SIZE="2"><b>AX Organic Limited</b></font></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
      <tr>
        <td VALIGN="TOP" width="261"><font face="Arial" SIZE="2">in the presence of:</font></td>
        <td VALIGN="TOP" width="35"><font face="Arial" SIZE="2">)</font></td>
        <td VALIGN="TOP" width="302"></td>
      </tr>
    </table>
    </center></div><hr style="PAGE-BREAK-AFTER: always" noshade size="1" color="#000000">
  </blockquote>
</blockquote>
<div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="3"><b><p ALIGN="JUSTIFY"><font face="Arial">Exhibit 99.1</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="3"><b><p ALIGN="CENTER"><font face="Arial"><br>
    Press Release</font></b></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><b><p ALIGN="JUSTIFY"><font face="Arial"><br>
    China Media Group Corporation Announces Acquiring AX Organic Limited for Distribution of
    Organic Farm Produce for Health Products</font></b></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    Hong Kong, CHINA - April 27, 2010 -- China Media Group Corporation (OTCBB Symbol: CHMD)
    (&quot;CMG&quot;) announces today its wholly owned subsidiary, Good World Investments
    Limited (&quot;GWIL&quot;) entered into a conditional Sale and Purchase Agreement
    (&quot;SP Agreement&quot;) with Mr. KONG Sum Onn to acquire 50% controlling interests in
    AX Organic Limited (&quot;AX&quot;) for an initial consideration of 10,000,000 shares in
    CMG and a performance share consideration based on profit derived by AX over a 2 year
    period after closing.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    The SP Agreement is conditional on the delivery of a shareholders agreement with the
    remaining 50% shareholder of AX and the signing of a contract for an consultancy agreement
    for soil remediation for a minimum of 3,200 mu (a chinese measurement, whereas 1 mu =
    approximately 0.1647 acres) in Hubei Province, China together with an off take agreement
    for the resulting produce grown on the land.</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    Mr. LOI Cheng Pheng, CEO of China Media Group stated, "We are very excited to work with
    AX Organic on this exciting project. This project fits in with CMG's project called the
    Great Wall of China Project which is to promote health education and health awareness.
    The organic produce fits exactly with out agenda on health and healthy living."</font></font></td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="604">
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    Mr. Loi further added, "We are also extremely please to have Mr. Kong join us to lead
    this business operation in our Product and Services business unit."</font></font></td>
  </tr>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    Mr. Kong added, "I am very excited to work with the professional team at China Media
    Group. Our line of soil remediation solutions and modern growing techniques will
    further promote the growth of organic produce in China. Food safety and sustainability
    is a concern for all of us today. We hope to contribute our green farming techniques
    and products so that would further promote healthy living. Working with CMG and
    together with the Great Wall of China team, will allow us a platform to promote
    health awareness and health education on organic foodstuffs.  Our initial project is
    to provide our remedial solution to Huangpi, Hubei province, residing in the farm
    belt in Central China."  Mr. Kong further added, "There is a tremendous interest
    today in food safety and healthy food.  We will utilize the Great Wall Project
    platform to promote our organic produce."</font></font></td>
  </tr>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    About China Media Group Corporation:</font></font></td>
  </tr>
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</center></div><div align="center"><center>

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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    China Media Group Corporation (OTCBB: CHMD) is a &quot;Next Generation&quot; advertising /
    media company focusing on the very lucrative Chinese market. It has offices in China, Hong
    Kong and Texas, USA. The company was incorporated in Texas on October 1, 2002. The Company
    is currently entering the fast growing advertising industry in China and plans to expand
    its offices in key cities such as Shanghai, Guangzhou and Shenzhen. The Company will also
    cooperate with strategic partners in other cities to serve our clients for nationwide
    advertising coverage.</font></font></td>
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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    Additional information concerning other areas and topics of China Media Group can be found
    on our web site at <u>http://www.chinamediagroup.net</u></font></font></td>
  </tr>
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</center></div><div align="center"><center>

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    <td VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    A number of statements contained in this Report are forward-looking statements that are
    made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform
    Act of 1995. Certain written statements in this press release constitute
    &quot;forward-looking statements&quot; as defined under the Private Securities Litigation
    Reform Act of 1995. Words or phrases such as &quot;should result,&quot; &quot;are expected
    to,&quot; &quot;we anticipate,&quot; &quot;we estimate,&quot; &quot;we project,&quot;
    &quot;we intend,&quot; or similar expressions are intended to identify forward-looking
    statements. These statements are subject to certain risks and uncertainties that could
    cause actual results to differ materially from those expressed in any forward-looking
    statements. These risks and uncertainties include demand for our services, product
    development, our ability to maintain acceptable margins and control costs, the impact of
    federal, state and local regulatory requirements on our business, the impact of
    competition and the uncertainty of economic conditions in general, including the timely
    development and market acceptance of products, competitive market conditions, successful
    integration of acquisitions, the ability to secure additional sources of financing, the
    ability to reduce operating expenses, and other factors. The actual results that the
    Company achieves may differ materially from any forward-looking statements due to such
    risks and uncertainties. Readers are cautioned not to place undue reliance on
    forward-looking statements, since the statements speak only as of the date that they are
    made, and we undertake no obligation to publicly update these statements based on events
    that may occur after the date of this document.</font></font></td>
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    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    <br>
    Contact:</font></font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2"><p ALIGN="JUSTIFY"><font face="Arial"><br>
    <br>
    China Media Group Corporation<br>
    San Antonio, Texas<br>
    <font SIZE="2"><u>ir@chinamediagroup.net</u></font></font></font></td>
  </tr>
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[{"type": "8-K", "sequence": "1", "filename": "r8k-043010cmg.htm", "description": "AX ORGANIC LTD", "secsgml_size_bytes": 165547}]
{"company-data": {"conformed-name": "China Media Group CORP", "cik": "0001211211", "assigned-sic": "7310", "irs-number": "320034926", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50431", "film-number": "10785049"}, "business-address": {"street1": "9901 I.H. 10 WEST", "street2": "SUITE 800", "city": "SAN ANTONIO", "state": "TX", "zip": "78230", "phone": "01186755 61657704"}, "mail-address": {"street1": "9901 I.H. 10 WEST", "street2": "SUITE 800", "city": "SAN ANTONIO", "state": "TX", "zip": "78230"}, "former-company": {"former-conformed-name": "DELIGHTFULLY FROZEN CORP", "date-changed": "20021219"}}
CHINA MEDIA GROUP CORPORATION
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) of the
SECURITIES EXCHANGE ACT OF 1934
__________________
Date of Report (Date of earliest event
reported): April 27, 2010
CHINA MEDIA GROUP CORPORATION
(Exact Name of Registrant as Specified in
Charter)
Texas
5813
75-3016844
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
1403 Wan Chai Commercial Center, 194-204 Johnston Road, Wanchai, Hong Kong
n/a
(Address of principal executive offices)
(Zip code)
Registrant's telephone number, including area code:
+011 852 3171 1208 (ext. 222)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
    satisfy the filing obligation of the registrant under any of the following provisions:
[   ] Written communications pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)
[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)
[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))
[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))
Item 1.01
Entry into a Material Definitive Agreement
On April 27, 2010, Good World Investments Limited ("GWIL"), a wholly owned
    subsidiary of China Media Group Corporation ("CMG"), entered into a conditional
    Sale and Purchase Agreement ("SP Agreement") with Mr. KONG Sum Onn to acquire
    50% interests in AX Organic Limited ("AX"
or
    the "Company") for an initial consideration of 10,000,000 shares in CMG and a
    performance shares consideration based on the profits derived by AX over a period of 2
    years.
The Agreement is conditional on the
    delivery of a shareholders agreement with the other 50% AX shareholder and ii) the signing
    of a contract for an consultancy agreement for soil remediation for a minimum of 3,200 mu
    in Hubei China, and the offtake agreement for the resulting produce grown on the land.
Under the shareholder agreement, the
    Company shall best efforts to raise about USD129,000 (HK$1,000,000) in working capital
    loan to AX.
Copies of the SP Agreement, SH Agreement
    and Press Release are attached hereto.
Item 9.01
Financial Statements and Exhibits
(a)
Not applicable
(b)
Not applicable
(c)
Exhibit No. Description - See table below.
Exhibit
Description
Location
Exhibit
    10.1
Sale
    and Purchase Agreement
Provided
    herewith
Exhibit
    10.2
Shareholders'
Agreement
Provided
    herewith
Exhibit
    99.1
Press
    Release
Provided
    herewith
SIGNATURES
Pursuant to the
    requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly
    caused this Current Report to be signed on its behalf by the undersigned hereunto duly
    authorized.
Date: April 30, 2010
CHINA MEDIA GROUP CORPORATION
By:
/s/ Cheng Pheng LOI
---------------------------------
Name: Cheng Pheng LOI
Title: President
Exhibit
    10.1
Dated the 27
th
day of April 2010
KONG SUM ONN
as Vendor
and
GOOD WORD INVESTMENTS LIMITED
as Purchaser
_________________________________________________________________________
SHARE PURCHASE AGREEMENT
500 SHARES IN
AX ORGANIC LIMITED
___________________________________________________________________________
THIS
    AGREEMENT
is made the 27 day of April 2010
BETWEEN:
(A)
KONG
SUM ONN
, a citizen of Malaysia with his correspondence address at Unit A,
    8/F., Fu Cheung Centre, 5-7 Wong Chuk Yeung Street, Futan, New Territories, Hong Kong
    (hereinafter called "
the Vendor
"); and
(B)
GOOD WORLD INVESTMENTS LIMITED.
a company incorporated in British Virgin Islands with
    its registered office at P.O. Box 957, Offshore Incorporations Center, Road Town, Tortloa,
    British Virgin Islands (hereinafter called "
the Purchaser
") on the
    following terms and conditions.
WHEREAS:-
1.
The Vendor is the beneficial owner of 500 ordinary shares in AX Organic Limited, a company
    incorporated in Hong Kong ("the Company").
2.
The Purchaser wishes to purchase 500 ordinary shares of the Company (representing about
    50% of the total issued share capital of the Company) from the Vendor, and the Vendor
    wishes to sell 500 ordinary shares of the Company to the Purchaser on the terms and
    conditions of this Agreement.
1.
INTERPRETATION
1.1
In this Agreement, including the Schedule, the following words and expressions have the
    following meanings, unless they are inconsistent with the context:-
"Agreement"
means this agreement for the
    sale and purchase of the Sale Shares, as amended or supplemented from time to time;
"CMG"
means China Media Group
    Corporation, a company incorporated in Texas, USA and its shares are quoted on the
    Over-the-counter Bulletin Board. China Media Group Corporation is the parent company of
    the Purchaser;
"Company"
means AX Organic Limited, a
    company incorporated in Hong Kong and having its registered office at Unit A, 8/F., Fu
    Cheung Centre, 5-7 Wong Chuk Yeung Street, Futan, New Territories;
"Completion Date"
means within
    five days or such other dates as the parties may agree in writing after the fulfillments
    of Clause 3.1;
"Consideration Shares"
means the
    consideration for the Sale Shares being the 10,000,000 common stock of CMG;
"PE Ratio"
means 3;
"Performance Accounts"
means the audited
    profits of the Company for the two years from the Completion Date;
"Performance Profits"
means the
    annualized audited profits of the Company for the two year period from the Completion
    Date;
"Sale Shares"
means 500 issued ordinary
    shares of HK$1.00 each in the capital of the Company legally and beneficially owned by the
    Vendor.
2.
AGREEMENT FOR SALE
2.1
Subject to the terms and conditions of this Agreement, the Vendor, as beneficial owners of
    the Sale Shares, shall sell and the Purchaser shall purchase the Sale Shares free from all
    liens, charges and encumbrances and with all rights now or hereafter attaching to them.
3.
CONDITIONS
3.1
Completion is conditional upon:-
(a)
the signing/execution of the Shareholders'
Agreement
    between the Purchaser, Man Chan and the Company in the form set out in Schedule One; and
(b)
the signing/execution of a definitive agreement in accordance with the Memorandum of
    Understanding signed on 8 April 2010 between AX Organic Limited and Huangpi High Yield
    Cultivation Experiment Base.
4.
CONSIDERATION
4.1
The Consideration for the Sale Shares shall be 10,000,000 shares issued by CMG to the
    Vender.
5.
COMPLETION
5.1
Completion of the purchase of the Sale Shares shall take place at the office of the
    Purchaser, or at any other location agreed by the parties, on the Completion Date.
5.2
On the Completion Date, the Vendor shall deliver to the Purchaser the following:
(a)
the share certificates of the Sale Shares together with the transfer document to effect
    the transfer of the Sale Shares to the Purchaser;
(b)
the Shareholder Agreement set out in Schedule 1 duly signed executed by the other 50%
    shareholder; and
(c)
the agreement set out in Clause 3.1 (b).
5.3
On the Completion Date, the Purchaser shall deliver the Consideration Shares as set out in
    Clause 4.1 above.
6.
OBLIGATIONS AFTER COMPLETION
6.1
The Purchaser agrees that within 32 months after the Completion Date:
(a)
the Company shall submit to the Vendor the Performance Accounts; and
(b)
the Purchaser shall procure CMG to issue to the common stock in CMG equal to the
    Performance Profits times the PE Ratio and then divided by the higher of i) the then 15%
    discount of the 20 days closing average of the CMG share price and ii) US$0.01.
7.
GENERAL MATTERS
7.1
The Vendor warrants to the Purchaser:
(a)
that he has full power and authority to enter into and perform this Agreement; and
(b)
that the Sale Shares constitute about 50% of the issued and paid up capital of the
    Company.
7.2
The
    rights and remedies of the Purchaser in respect of any breach of the warranties given by
    the Vendor hereunder shall not be affected by completion of the Purchase of the Sale
    Shares or by any failure to exercise or delay in exercising any right or remedy or by any
    other event or matter whatsoever, except a specific and duly authorised written waiver or
    release.
7.3
This Agreement constitutes the whole agreement between the parties and it is expressly
    declared that no variations hereof shall be effective unless made in writing.
7.4
Any right of rescission conferred upon the Purchaser hereby shall be in addition to and
    without prejudice to all other rights and remedies available to it.
7.5
the Vendor understands that the Consideration Shares may not sell, transfer, assign,
    pledge or otherwise dispose, unless and until (a) CMG shall have been satisfied by an
    opinion of counsel or otherwise that the intended disposition is permissible without
    registration under the 1933 Act (and applicable state securities laws), or (b) the Shares
    shall have been validly registered under the 1933 Act (and applicable state securities
    laws). The Vendor understands that CMG and the officers of CMG have no obligation or
    intention to register any Shares under the 1933 Act (or applicable state securities laws)
    or to file reports, make public the information or take any other steps required to make
    it possible for the Vendor to resell any Shares without registration under the 1933 Act
    (or applicable state securities laws) pursuant to Rule 144 or any other exemption under
    the 1933 Act (or under applicable state securities laws).
8.
NON ASSIGNABILITY
8.1
This Agreement shall be binding on each party's successors and assigns but except as
    expressly provided, none of the rights of the parties under this Agreement or the
    warranties provided herein may be assigned or transferred.
9.
NOTICES
9.1
Any notice, demand or communication required or desired to be given or made under this
    Agreement shall be in writing and delivered or sent by post to the address of the
    addressee as set out in this Agreement or to such other address as the addressee may have
    notified for the purpose of this Clause.
10.
APPLICABLE LAW
10.1
This Agreement shall be governed by and construed in accordance with the laws of Hong Kong
    Special Administrative Region and the parties irrevocably submit to the non-exclusive
    jurisdiction of the Hong Kong courts.
SCHEDULE 1
SHAREHOLDER AGREEMENT
IN WITNESS
whereof this Agreement has been executed on the day and year first above written.
Signed by
KONG SUM ONN
in the presence of:
Signed by
for and on behalf of
GOOD WORLD INVESTMENTS LIMITED
in the presence of:
)
)
)
)
)
)
)
Exhibit
    10.2
DATED MAY 2010
(1) GOOD WORLD INVESTMENTS LIMITED
(2)
MAN
CHAN
AND
(3) AX ORGANIC LIMITED
______________________________________________
SHAREHOLDERS'
AGREEMENT
______________________________________________
CONTENTS
Number
Clause Headings
Page
1.
Definitions and Interpretation
3
2.
Business
3
3.
Contribution by Shareholders 3
3
4.
Management of the Company
6
5.
Transfer of Shares
8
6.
General Covenants
10
7.
Representations and Warranties
11
8.
Dissolution and Termination
11
9.
Restrictions
12
10.
Further Assurance
13
11.
Restrictions on Announcements
13
12.
No Partnership
13
13.
Conflict with Articles of
    Association
13
14.
Costs
13
15.
Acknowledgement by Company
13
16.
General
13
17.
Notices
14
18.
Governing Law and Submission to
    Jurisdiction
15
Schedule 1 DEED of
    adherence 14
14
THIS
    AGREEMENT
is made on the day of May 2010
BETWEEN:
(1)
Good World Investments Limited
, a company incorporated in the
British Virgin
    Islands whose registered office is at PO Box 957, Offshore Incorporations Center, Road
    Town, Tortola, British Virgin Islands ("
GWIL
");
(2)
MAN Chan
, a Hong Kong resident with a correspondence address at C1801 Harbourfront
    Horizon, 8 Hung Luen Road, Hung Hom, Kowloon, Hong Kong ("
MC
"); and
(3)
AX Organic Limited
, a company incorporated in Hong Kong whose registered office is at
    Unit A, 8/F Fu Cheung Center, 5-7 Wong Chuk Yeung St., Fotan, NT, Hong Kong ("
Company
").
WHEREAS
:
(A)
GWIL is a wholly owned subsidiary of China Media Group Corporation ("CMG"), a
    company incorporated in the State of Texas, USA and quoted on the Over the Counter
    Bulletin Board under the symbol CHMD. GWIL is an investment holding company that has
    subsidiary in the business of media and advertising.
(B)
GWIL has acquired 50% interests in the Company and wishes to enter into this shareholder
    agreement with the other shareholder in the Company.
(C)
GWIL and MC wish to work together to market, sell and distribute food products under the
    Memorandum of Understandings entered into by the Company in Hubei China on 8 April 2010.
    The parties recognize the strength and resources available to each party and have formed
    the Company to embark on these business pursuits.
(D)
The Company is a Special Purpose Vehicle set up solely for the purpose to undertake the
    business objectives of the Parties set out in Recital C above.
(E)
As at the date hereof, the Company has an authorised share capital of HK$10,000 divided
    into 10,000 shares of HK$1.00 each of which 1,000 Shares have been issued and are fully
    paid-up. GWIL and MC each holds 500 Shares of the Company's issued share capital as at the
    date hereof.
(F)
This is the SPV Shareholders'
Agreement and the Parties
    wish to enter into this Agreement to regulate the relationship of the Shareholders and the
    affairs of the Company.
IT IS HEREBY AGREED as follows:
1.
DEFINITIONS AND INTERPRETATION
1.1
In this Agreement, where the context so admits, the following words and expressions have
    the following meanings:
"
Affiliated Company
"
means, in relation to any Shareholder, any subsidiary or
    holding company of such Shareholder or any subsidiary of any such holding company;
"
Applicable Law
"
means any publicly available law, statute, rule, regulation or
    code, or order, decree, requirement, judgment or decision of any governmental or
    regulatory body or authority or court of competent jurisdiction, applicable to a Party or
    to the relevant matter(s) contemplated under this Agreement;
"
Board
"
means
    the Company's board of directors as constituted from time to time;
"
Business Plan
"
means at the date of this Agreement the Company's business
    plan and budget in the approved terms and at any subsequent date the most recent business
    plan of the Company approved by the Shareholders in accordance with Clause 4.10;
"
Deed of Adherence
"
means a deed, substantially in the form of
Schedule 1
,
    pursuant to which a transferee or allottee of Shares agrees to be bound by all the terms
    of this Agreement as if it had been a signatory;
"
Directors
"
means the directors of the Company;
"
Hong Kong
"
means the Hong Kong Special Administrative Region of the
    People's Republic of China;
"
Parties
"
means the parties to this Agreement and their respective
    successors and permitted assigns, and "
Party
"
means any one of them including any other person who becomes a member of the
    Company and who agrees to be bound by the provisions of this Agreement by executing a Deed
    of Adherence;
"
PRC
"
means the People's Republic of China but excluding, for the
    purposes of this Agreement, Hong Kong, Macau and Taiwan;
"
Share
"
means share of HK$1.00 each in the share capital of the
    Company having the rights and benefits and being subject to the restrictions set out in
    the Articles of Association;
"
Shareholders
"
means GWIL and MC for as long as they hold any Shares and any
    other person who becomes a member of the Company and who agrees to be bound by the
    provisions of this Agreement by executing a Deed of Adherence, and the expression "
Shareholder
"
means any one of them; and
"HK$"
means Hong Kong Dollars.
1.2
Statutes.
Any references, express or implied, to statutes or statutory provisions
    will be construed as references to those statutes or provisions as respectively amended or
    re-enacted or as their application is modified from time to time by other provisions
    (whether before or after the date hereof).
1.3
Clauses and Schedules.
References in this Agreement to Clauses and Schedules are
    to clauses in and schedules to this Agreement (unless the context otherwise requires). The
    Recitals and Schedules to this Agreement are deemed to form part of this Agreement.
1.4
Construction
1.4.1
All terms defined in the Recitals have the same meanings when used throughout this
    Agreement.
1.4.2
Headings are inserted for convenience only and do not affect the construction of this
    Agreement.
1.4.3
References to "
persons
"
include bodies
    corporate, unincorporated associations and partnerships (whether or not having separate
    legal personality). The masculine gender includes the feminine and neuter genders and the
    singular number includes the plural, and vice versa.
1.4.4
References to any document (including this Agreement) are references to that document as
    amended, consolidated, supplemented, novated or replaced from time to time.
1.5
Successors and permitted assigns.
Where the context permits, the expressions
    "GWIL", and "MC"
include their
    respective successors and permitted assigns.
1.6
Approved terms.
A document expressed to be "
in the approved terms
"
means a document the terms of which have been approved by or
    on behalf of the Parties and a copy of which has been signed for the purposes of
    identification by or on behalf of the Parties.
2.0
BUSINESS
2.1
Business.
The Shareholders acknowledge and agree that the Company has been
    incorporated as, and will procure that the Company remains at all times, a single purpose
    vehicle for the purpose of selling, marketing and distributing of food products in select
    areas in Hubei province as per the Memorandum of Understanding signed on 8 April 2010 (the
    "MOUs"), and any other business approved by the Board from time to time (the
    "Business").
3.0
CONTRIBUTION BY SHAREHOLDERS
3.1
Contributions from GWIL.
GWIL will, in its best efforts from the capital markets,
    contribute up to a maximum of HK$1,000,000 over a three months period as a loan into the
    Company in accordance with the Business Plan of the Company.
3.2
Contributions from MC.
MC and its affiliates shall organize and set up the
    infrastructure with the farms in respect of the businesses set out in the MOUs.
4.0
Management of the Company
4.1
Responsibilities of the Board.
The business of the Company shall be managed by the
    Board, whose duties and responsibilities shall, subject to Clause 4.10, include without
    limitation:
(
a
)
making all decisions in connection with the management and operational control of the
    Company's Business in accordance with the Business Plan approved in Clause 4.10; and
(
b
)
appointing the President and CEO of the Company. The first President and CEO of the
    Company shall be Mr. KONG Onn Sum.
4.2
Composition of the Board
(
a
)
The maximum number of Directors shall be 5. GWIL shall have the right to appoint and
    remove up to 3 Directors and MC shall have the right to appoint and remove up to 2
    Director. Each Shareholder shall effect any appointment or removal by depositing written
    notice at the Company's registered office and sending a copy thereof to each other
    Shareholder.
(
b
)
Any Shareholder removing a Director shall be responsible for and shall indemnify each
    other Shareholder and the Company against any claim of whatever nature arising out of such
    removal. If a Shareholder ceases to hold Shares, it will procure the resignation of all
    the Directors appointed by it and will indemnify the other Shareholder and the Company
    against any claims which may be brought by such Directors.
4.3
Chairman.
One of the Directors, as GWIL shall from time to time select, shall
    preside as chairman of meetings of the Board. The first Chairman shall be Mr. KONG Onn
    Sum.
4.4
Alternate.
Each Director is entitled to appoint any person to be his alternate.
    Each alternate shall have one vote for every Director whom he represents, provided that if
    such alternate is himself a Director then he shall have one vote for every Director whom
    he represents in addition to any vote of his own.
4.5
Quorum
(
a
)
The quorum for meetings of the Board shall be 2 Directors, of whom one shall be a Director
    appointed by GWIL and one shall be a Director appointed by MC (whether present in person
    or by proxy or representative).
(
b
)
A quorum must be present at the beginning of and throughout each meeting. If within 30
    minutes of the time appointed for a meeting a quorum is not present, the meeting shall
    stand adjourned until the same time and place on the same day in the next week. If at such
    adjourned meeting a quorum is not present within 30 minutes from the time appointed for
    such adjourned meeting (or such longer interval as the chairman of the meeting may think
    fit to allow), the Directors present in person or by his alternate shall constitute a
    quorum.
4.6
Meetings of the Board
(
a
)
Subject to Applicable Law, the Board shall meet as required at such time and place and in
    such manner as shall be agreed by the Board. Unless waived by all Directors in writing,
    not less than 7 days'
notice of each meeting of the
    Board specifying in reasonably sufficient detail the business to be transacted thereat
    shall be given to each Director and his alternate.
(
b
)
Subject to Applicable Law and Clause 4.10, questions arising at any meeting of the Board
    shall be decided by a majority of votes and in the case of an equality of votes, the
    Chairman shall not have a second or casting vote.
(c)
Directors may participate in a meeting of the Board by means of conference telephone or
    similar communications equipment whereby all persons participating in the meeting can hear
    each other and such participation shall constitute presence in person. Resolutions of the
    Board may be passed by circular resolution signed by all the Directors.
(d)
If the Board so authorises or requests, auditors, consultants, advisers and employees
    shall be permitted to attend and speak (but not to vote) at meetings of the Board.
4.7
Exercise of rights.
Each Shareholder will exercise or refrain from exercising any
    voting rights or other powers of control so as to ensure the passing of any and every
    resolution necessary or desirable to procure that the affairs of the Company are conducted
    in accordance with, and otherwise to give full effect to, the provisions of this Agreement
    and likewise to ensure that no resolution is passed which does not accord with such
    provisions.
4.8
Committees of the Board.
The Board may delegate any of its powers including
    the day-to-day running of the business of the Company to a committee or committees
    consisting of such number of Directors as it thinks fit, provided that each such committee
    shall comprise at least one Director appointed by GWIL and one Director appointed by MC.
    The provisions of Clauses 4.5 and 4.6 in relation to the Board shall apply with the
    necessary modifications to any committee of the Board. Any committee so formed shall, in
    the exercise of the powers so delegated, conform to any regulations that may be imposed on
    it by the Board..
4.9
Remuneration.
The remuneration (if any) of the Directors shall be determined
    by, and subject to the unanimous approval of, the Shareholders.
4.10
Matters requiring unanimous consent.
The Shareholders shall exercise all
    voting rights and other powers of control available to them in relation to the Company to
    procure that the Company and the Board (including any committee thereof) shall not without
    the prior written approval of the Shareholders, which approval may be given by the
    Shareholder or a Director appointed by it or his alternate (and, for this purpose, each
    Director appointed by a Shareholder and his alternate shall be deemed to have authority to
    bind that Shareholder in relation to the provisions of this Clause 4.10 unless otherwise
    notified to each other Shareholder).
(
a
)
permitting any merger or consolidation of the Company with any other entity, any
    reorganisation of the Company or any transfer of all or any part of the assets of the
    Company;
(
b
)
permitting any change to the authorised or issued share capital from time to time of the
    Company, granting or agreeing to grant any option over or right to acquire or issuing or
    agreeing to issue any instrument carrying rights of conversion into any Share or other
    security of the Company, permitting the redemption or purchase by the Company of any
    Shares or any other reorganisation of the share capital of the Company;
(c)
varying any rights, benefits or restrictions attaching to any Shares;
(d)
amending the Articles of Association or other constitutional documents of the Company;
(e)
approving the Business Plan or making any substantive alteration to any Business Plan so
    approved;
(f)
making any composition or arrangement with its creditors, moving for insolvency,
    receivership or administration or doing or permitting or suffering to be done any act or
    thing whereby the Company may be wound up (whether voluntarily or compulsorily);
(g)
carrying on any business other than the business activities described in Clause 2.1;
(i)
declaring or paying any dividend or other distribution in cash or specie except as
    provided in Clause 8.1;
(j)
entering into any partnership or profit sharing or joint venture arrangement; or
(l)
entering into, amending or terminating any agreement or other arrangement between the
    Company and any Shareholder or any Affiliated Company of a Shareholder.
4.
11
Separate and independent undertaking.
As a separate and independent
    undertaking, the Company agrees with each Shareholder that it will (so far as permitted by
    Applicable Law) observe and comply with the provisions, prohibitions and restrictions in
    this Clause 4.
4.
12
Duty to the Company.
Each of the Directors, in performing his duties to the
    Company, shall be entitled to consider the interest of the Shareholder which designated or
    appointed him to the Board pursuant to Clause 4.2.
5.
Transfer of Shares
5.1
Restriction on transfers.
Subject to the provisions of this Agreement, no
    transfer of any Shares shall be made by any Shareholder unless the provisions in this
    Clause 5 are complied with in respect of such transfer, and no Shareholder shall sell,
    mortgage, charge or otherwise dispose of or encumber the whole or any part of its
    shareholding or assign or otherwise purport to deal with the beneficial interest therein
    or any right in relation thereto separate from the legal interest.
5.
2
Transfer to Affiliated Companies.
The Parties agree that a transfer of
    Shares by a Shareholder to its Affiliated Company shall be permitted provided that:
(a)
the obligations of the transferor Shareholder under this Agreement will remain unaffected
    by the proposed transfer; and
(b)
the Shares will be re-transferred to the transferor Shareholder immediately upon the
    transferee ceasing to be an Affiliated Company of the transferor Shareholder.
5.
2
Transfer to Affiliated Companies.
The Parties agree that a transfer of
    Shares by a Shareholder to its Affiliated Company shall be permitted provided that:
5.
3
Pre-emption rights
5.3.1
A Shareholder ("
Transferor
") wishing to transfer any or all of its Shares
    to an unaffiliated third party who has made a bona fide offer therefor shall give a notice
    in writing ("
Transfer Notice
") to each other Shareholder that it desires
    to transfer the same. The Transfer Notice shall specify:
(a)
the number of shares which the Transferor wishes to transfer ("
Relevant Shares
");
(b)
the name of the person who made the bona fide offer for the Relevant Shares ("
Transferee
");
(c)
the price in cash which the Transferee has offered for the Relevant Shares; and
(d)
details of any other material terms of the offer made by the Transferee,
and shall be accompanied by a term sheet executed by the Transferor and Transferee
    reflecting the matters set out in Clauses 5.3.1(a) to (d) above.
5.
3.2
Each other Shareholder shall be entitled within a period of 20 days after the Transfer
    Notice was given ("
Prescribed Period
") to serve a purchase notice ("
Purchase
    Notice
") on the Transferor requiring it to sell all (but not part only) of the
    Relevant Shares to it at the same price and on the same material terms as those offered by
    the Transferee as set out in the Transfer Notice and evidenced by the term sheet referred
    to in Clause 5.3(a).
5.
3.3
If only one Shareholder serves a Purchase Notice within the Prescribed Period, such
    Shareholder shall be entitled to purchase all of the Relevant Shares at the price per
    Share and on the material terms set out in the Transfer Notice. The Transferor shall be
    bound upon payment by such Shareholder to transfer to it, and such Shareholder shall be
    bound to pay for and accept a transfer of, all of the Relevant Shares.
5.
3.4
If more than one Shareholder serve a Purchase Notice within the Prescribed Period, each
    such Shareholder shall be entitled to purchase such number of the Relevant Shares as is
    equivalent to the total number of Relevant Shares multiplied by a fraction, the numerator
    of which is the number of Shares held by each such Shareholder and the denominator of
    which is the total number of Shares held by all such Shareholders, at the price per Share
    and on the material terms set out in the Transfer Notice. The Transferor shall be bound
    upon payment by each such Shareholder to transfer to it, and each such Shareholder shall
    be bound to pay for and accept a transfer of, the relevant number of Relevant Shares.
    Completion of the transfer of the Relevant Shares to the purchasing Shareholders pursuant
    to this Clause 5.3(d) shall take place simultaneously.
5.
3.5
Completion of
    the transfer of the Relevant Shares pursuant to Clause 5.3.3 or 5.3.4 shall occur at such
    time and place as may be agreed by the Transferor and the purchasing Shareholder(s),
    provided that it shall not be later than 30 days from the date on which the Purchase
    Notice or the last of the Purchase Notices was served in accordance with Clause 5.3.2.
5.
3.6
If no Shareholder has served on the Transferor a Purchase Notice within the Prescribed
    Period, the Transferor shall be entitled to sell all (but not part only) of the Relevant
    Shares to the Transferee at the price and on the material terms set out in the Transfer
    Notice, provided that if such sale is not completed within 2 months after the Transfer
    Notice was given the right of the Transferor to sell the Relevant Shares to the Transferee
    shall lapse. The Directors shall be bound to register a transfer effected pursuant to this
    Clause 5.3.6.
5.
4
Default
5.
4.1
Upon the occurrence of any of the following events ("
Default Event
") in
    respect of a Shareholder ("
Defaulting Shareholder
"), each other
    Shareholder may serve a written notice of default in relation thereto on the Defaulting
    Shareholder:
(a)
if the Defaulting Shareholder is in material breach of any of its obligations under this
    Agreement and such breach, if capable of remedy, has not been remedied to the reasonable
    satisfaction of each other Shareholder on expiry of 30 days following written notice to
    that effect having been served on the Defaulting Shareholder requiring the breach to be
    remedied;
(b)
a petition is presented or proceeding is commenced or an order is made or an effective
    resolution is passed for the winding-up, insolvency, administration, reorganisation,
    reconstruction, dissolution or bankruptcy of the Defaulting Shareholder or for the
    appointment of a liquidator, receiver, administrator, trustee or similar officer of the
    Defaulting Shareholder or of all or a substantial part of its property, assets or
    revenues;
(c)
the Defaulting Shareholder stops or suspends payment to its creditors generally or is
    unable or admits its inability to pay its debts as they fall due or seeks to enter into
    any composition or other arrangement with its creditors or is declared or becomes bankrupt
    or insolvent.
5.
4.2
Each other Shareholder shall have the right to require the Defaulting Shareholder to sell
    to it all (but not part only) of the Shares of the Defaulting Shareholder ("
Call
    Option
"). A Shareholder wishing to exercise the Call Option ("
Exercising
    Shareholder
") shall do so by serving written notice ("
Call Option Notice
")
    on the Defaulting Shareholder within 30 days of the notice of default referred to in
    Clause 5.4.1. Upon service of a Call Option Notice(s), the Defaulting Shareholder shall be
    bound to transfer all of its Shares to the Exercising Shareholder(s) in accordance with
    this Clause 5.4.
5.
4.2.1
If there is only one Exercising Shareholder, such Exercising Shareholder shall be entitled
    to purchase all (but part only) of the Shares held by the Defaulting Shareholder. If there
    is more than one Exercising Shareholder, each Exercising Shareholder shall have the right
    to purchase such number of the Shares held by the Defaulting Shareholder as is equivalent
    to the total number of Shares held by the Defaulting Shareholder multiplied by a fraction,
    the numerator of which is the number of Shares held by such Exercising Shareholder and the
    denominator of which is the total number of Shares held by all the Exercising
    Shareholders.
5.
4.2.2
The transfer of the Shares by the Defaulting Shareholder to the Exercising Shareholder(s)
    pursuant to this Clause 5.4 shall be at a price per Share equivalent to the net worth of
    the Company divided by the number of Shares in issue and outstanding at the time of
    valuation ("
Net Asset Value per Share
") as agreed by the Defaulting
    Shareholder and the Exercising Shareholder(s).
5.
4.2.3
If the Defaulting Shareholder and the Exercising Shareholder(s) are not able to reach
    agreement on the Net Asset Value per Share within 20 days after the Call Option Notice or
    the last of the Call Option Notices was served, the Board shall forthwith appoint an
    internationally recognised independent valuation expert or investment bank (other than any
    of the Shareholders or their Affiliated Companies) ("
Valuer
") to
    determine the Net Asset Value per Share. The Net Asset Value per Share as determined and
    certified in writing by the Valuer shall, in the absence of manifest error, be conclusive
    and binding on the Defaulting Shareholder and the Exercising Shareholder(s). In
    determining the Net Asset Value per Share, the Valuer shall act as experts and not as
    arbitrators. The costs of such determination shall be borne by the Defaulting Shareholder.
5.
4.2.4
Completion of the sale and purchase of the Shares of the Defaulting Shareholder pursuant
    to this Clause 5.5 shall take place no later than 30 days after the date on which the
    Defaulting Shareholder and the Exercising Shareholder(s) agree on the Net Asset Value per
    Share or the date on which the Valuer certifies in writing its determination of the Net
    Asset Value per Share, whichever is later.
5.
5
Condition precedent to transfer.
It shall be a condition precedent to the
    right of any Shareholder to transfer any Shares permitted by this Clause 5 that:
(a)
the transferee (if not already bound by the provisions of this Agreement) executes a Deed
    of Adherence under which the transferee shall agree to be bound by and shall be entitled
    to the benefit of this Agreement as if an original party hereto; and
(b)
except where the transfer is in accordance with Clause 5.2 or Clause 5.4.2, the transferor
    assigns and the transferee accepts an assignment of all or, in the case of a transfer of
    part of the Shares of a Shareholder, a proportionate part of the loans or guarantees made
    to or given on behalf of the Company by the transferor and for the time being outstanding.
5.
6
Directors to register transfer.
The Shareholders will procure the Directors
        to register any transfer of Shares which complies with the provisions of this Clause 5.
5.
7
Completion of transfer.
All transfers between the Shareholders, whether
        pursuant to this Clause 5 or any other provision of this Agreement, shall be effected by
        the transferor selling as beneficial owner free and clear of all liens, charges and
        encumbrances and together with all rights attaching thereto. Upon completion, the
        transferor shall deliver to the transferee duly executed transfers in respect of the
        Shares transferred in favour of the transferee together with the relative share
        certificates against payment by the transferee of the price due in respect thereof. The
        Shareholders shall do or procure to be done all such acts and things as may be necessary
        to give full effect to the transfers and the registration thereof.
5.
8
CTransfer by unanimous consent.
The foregoing provisions of this Clause 5
        shall not apply to any transfer of Shares to which the consent of all the Shareholders is
        obtained in writing.
5.
9
Ceasing to hold any Shares.
Save as otherwise provided herein, if a Party
        ceases to be a Shareholder by reason of transferring all of its Shares to another
        Shareholder or person, whether pursuant to this Clause 5 or otherwise, the provisions of
        this Agreement (other than Clauses 1, 9, 11, 16 and 18) shall cease to have effect in
        relation to the former Shareholder save in relation to any antecedent claims which may
        have arisen between the Parties prior to such transfer.
6
.
General Covenants
6
.
1
The Company shall:
(i)
keep true and accurate books of account and records in accordance with usual accounting
        practices and procedures and procure that such books and records are audited by the
        Company's auditors from time to time as soon as possible after the end of each financial
        year;
(ii)
promptly
        deliver to each Shareholder true and accurate copies of all material reports, statements,
        tax returns, filings, notices and other documents and correspondence filed with or
        received from any relevant governmental or regulatory authority; and
(iii)
provide each Shareholder with such financial or other information relating to the Company
        as such Shareholder may reasonably request from time to time.
6.2
Each Shareholder and its authorised representatives shall have the right at all reasonable
        times during normal business hours to inspect the books of account and records of the
        Company and make extracts and copies therefrom at their own expense, and to have full
        access to all property and assets of the Company.
6.3
The Company shall prepare and timely file, or cause to be prepared and timely filed, all
        tax returns (if any) which may be required by Applicable Law in each jurisdiction in which
        it operates or conducts its business for each year or period for which such returns are
        required to be filed. The Company shall also use best efforts to cause to be prepared and
        delivered to each Shareholder within 6 months after the end of each financial year such
        information as may be reasonably necessary for each Shareholder to prepare income tax
        returns such Shareholder is required to prepare and/or file under Applicable Law.
6.4
The Parties shall procure that all dealings between the Company and the Shareholders or
        their Affiliated Companies approved in accordance with Clause 4.10 shall be on a fair and
        equitable basis both as regards the interests of the Company and the transaction and the
        balancing of the interests of the Shareholders and their Affiliated Companies.
7.
Representations and Warranties
7.1
Each Shareholder represents and warrants to each other Shareholder that:
(i)
it is a company duly incorporated with limited liability and validly existing under the
        laws of its jurisdiction of incorporation, and has full power, authority and legal right
        to own its property and assets and to carry on its business in the jurisdictions in which
        it carries on business;
(ii)
it has full power, authority and legal right to enter into and engage in the transactions
        contemplated by this Agreement and has taken or obtained all necessary corporate and other
        action and consents to authorize the execution and performance by it of this Agreement;
(iii)
this Agreement constitutes legal, valid and binding obligations of such Shareholder
        enforceable in accordance with its terms; and
(i
v
)
neither the execution of this Agreement nor the performance of any obligation or the
        exercise of any right hereunder by such Shareholder will conflict with or result in a
        breach of any Applicable Law or cause any limitation placed on it or the powers of its
        directors to be exceeded.
8.
Dissolution and Termination
8.1
Dissolution.
Each of the Shareholders agrees to cause the Company to be
      liquidated and/or dissolved and to distribute all of the assets held by it in the event
      that all assets held by the Company have been sold, liquidated or otherwise disposed of.
Each of the Shareholders shall procure the Directors designated or appointed by it to the
      Board to do and execute and procure to be done and executed all such acts, deeds,
      documents and things as may be necessary to give full effect to the provisions of this
      Clause 8.1.
8.2
Termination.
This Agreement shall continue in full force and effect until any of the following shall
      occur:
(i)
the Company is dissolved pursuant to Clause 8.1 or otherwise; or
(ii)
the Company is listed or quoted on a recognized exchange; or
(i
ii
)
there is a change in control in CMG, the holding company of GWIL; or
(i
v
)
one Shareholder becomes the beneficial owner of all the Shares in issue and outstanding
      for the time being; or
(
v
)
this Agreement is terminated by mutual agreement of the Shareholders upon such terms and
      conditions as they may unanimously agree.
The termination of this Agreement for any reason shall not affect any right,
      obligation or liability that has accrued under this Agreement on or prior to the date of
      termination (including any obligations with respect to confidentiality under Clause 9.1.)
9.
Restrictions
9.1
Confidentiality.
Subject to Clause 9.2, at all times hereafter, each Shareholder
      shall and shall procure that its subsidiaries and its and their respective officers,
      employees, agents and advisers shall keep secret and confidential all confidential
      information relating to the Company or its business or operations and all confidential
      information received by one Shareholder relating to the other Shareholder, its
      subsidiaries, its holding company or the subsidiaries of its holding company, or any of
      their respective affairs (collectively "
Confidential Information
") and
      not disclose to any party or make use of for any purpose any Confidential Information.
9.2
Permitted disclosure.
Clause 9.1 shall not apply to the disclosure of any
      Confidential Information by either Shareholder:
(
a
)
to its own financial, accounting, tax, legal and/or other professional advisers in
      connection with the transactions contemplated hereunder; or
(
b
)
to the financial, accounting, tax, legal and/or other professional advisors of the Company
      in connection with the transactions contemplated hereunder; or
(
c
)
to the extent such disclosure is required by Applicable Law, in which event the
      Shareholder concerned shall, if practicable, supply an advanced copy of the required
      disclosure to each other Shareholder and incorporate any additions or amendments
      reasonably requested by it; or
(
d
)
to the extent the relevant information is in the public domain as at the date hereof or
      subsequently comes into the public domain otherwise than by reason of default of the
      disclosing Shareholder under Clause 9.1; or
(
e
)
to a potential transferee of its Shares pursuant to the provisions of this Agreement,
      provided that such disclosure is limited to information reasonably necessary for the
      transferee's decision to purchase the relevant Shares and such transferee agrees in
      writing to be bound by the same confidentiality obligations as the disclosing Shareholder.
9.3
Validity of restrictions.
While the restrictions contained in this Clause 9 are
        considered by the Shareholders to be reasonable in all the circumstances, it is recognised
        that restrictions of the nature in question may fail for technical reasons and
        accordingly, it is hereby agreed and declared that if any of such restrictions shall be
        adjudged to be void as going beyond what is reasonable in all the circumstances for the
        protection of the interests of the relevant Shareholder but would be valid if part of the
        wording thereof were deleted or the period thereof reduced or the range of activities
        dealt with thereby reduced in scope, the said restrictions shall apply with such
        modifications as may be necessary to make it valid and effective.
10.
Further
        Assurance
The Parties shall do and execute or procure to be done and executed all such
        further acts, deeds, documents and things as may be necessary to give full effect to the
        provisions of this Agreement.
11.
Restrictions on Announcements
Each Party undertakes that it will not, save as required by Applicable Law, make
        any announcement in connection with this Agreement unless the other Party has given their
        respective consent to such announcement (which consent may not be unreasonably withheld or
        delayed and may be given either generally or in a specific case or cases and may be
        subject to conditions)
.
12.
No Partnership
Nothing contained or implied in this Agreement shall constitute or be deemed to
        constitute a partnership or agency between the Parties and save as expressly agreed herein
        none of the Parties shall have any authority to bind or commit any other Party.
13.
Conflict with Articles of Association
The Shareholders hereby agree that if and to the extent that the Articles of
        Association conflict with the provisions of this Agreement, this Agreement shall prevail
        for so long as it is in force to regulate the way in which they exercise their respective
        voting rights as shareholders of the Company and each Shareholder shall take all such
        further steps as may be necessary or requisite to ensure that the provisions of this
        Agreement shall prevail.
14.
Costs
Subject to the provisions of this Agreement, each Party shall pay its own costs
        and disbursements of and incidental to the preparation, negotiation and execution of this
        Agreement.
15.
Acknowledgement by Company
The Company acknowledges the terms of this Agreement and in consideration of the
        Shareholders agreeing to enter into this Agreement undertakes that it will not, and so far
        as it is able will procure that no other person will, do anything which is in breach of or
        inconsistent with the terms hereof.
16.
General
16.1
Entire Agreement.
This Agreement (together with any documents referred to herein
        or executed contemporaneously by the Parties in connection herewith) constitutes the whole
        agreement between the Parties and supersedes any previous agreements or arrangements
        between them relating to the subject matter hereof.
16.2
Amendment.
Any amendment or waiver of any provision of this Agreement and any
        waiver of any default under this Agreement is effective only if made in writing and signed
        by or on behalf of each of the Parties.
16.3
No Waiver.
No failure or delay by either Party in exercising any right, power or
        remedy hereunder will impair such right, power or remedy or operate as a waiver thereof,
        nor will any single or partial exercise of the same preclude any further exercise thereof
        or the exercise of any other right, power or remedy. The rights, powers and remedies
        provided herein are cumulative and do not exclude any other rights, powers and remedies
        provided by law.
16.4
Assignment.
This Agreement shall be binding upon and enure for the benefit of the
        successors of each of the Parties. Save as provided in this Agreement, no Party may assign
        or transfer of any of its rights or obligations under this Agreement without the prior
        written consent of the other Parties.
16.5
Severability.
If any provision or part of a provision of this Agreement shall be,
        or be found by any authority or court of competent jurisdiction to be, invalid or
        unenforceable, such invalidity or unenforceability shall not affect the other provisions
        or parts of such provisions of this Agreement, all of which shall remain in full force and
        effect.
16.6
Counterparts.
This Agreement may be executed in one or more counterparts, and by
        the Parties on separate counterparts, but will not be effective until each Party has
        executed at least one counterpart and each such counterpart will constitute an original of
        this Agreement but all the counterparts will together constitute one and the same
        instrument. Immediate evidence that an engrossment has been executed may be provided by
        transmission of such engrossment by facsimile machine with the original executed
        engrossment to be forthwith put in the mail.
17.
Notices
17.1
Delivery Address/Fax Number.
Each notice, demand or other communication given or
        made under this Agreement shall be in writing and delivered or sent to the relevant Party
        at its address or facsimile number set out below (or such other address or facsimile
        number as the addressee has by 5 days'
prior written
        notice specified to the other Parties):
GWIL and the Company
Name
:
Ren Ren Media Group Limited
Address
:
1403 Wan Chai Commercial Center,
        194-204 Johnston Road, Wanchai, HK
Attention
:
President & CEO
Facsimile Number
:
+852 [ ]
MC
Name
:
MAN Chan
Address
:
C1801, Harbourfront Horizon, 8
        Hung Lung Rd, Hung Hom, Kowloon, HK
Facsimile Number
:
+ [ ]
17.2
Manner of Delivery.
Any notice required to be given by any Party to the other
        Parties shall be deemed validly served by hand delivery or by prepaid registered letter
        sent through the post (airmail if to an overseas address) or by facsimile transmission to
        its address or facsimile number set out in Clause 17.1 or such other address or facsimile
        number as may from time to time be notified for this purpose.
17.3
Deemed Delivery.
Any notice served by hand is deemed to have been served on
        delivery, any notice served by facsimile transmission is deemed to have been served when
        sent and any notice served by prepaid registered letter is deemed to have been served 48
        hours (72 hours in the case of a letter sent by airmail to an address in another country)
        after the time at which it was posted. In proving service, it is sufficient in the case of
        service by hand and prepaid registered letter to prove that the notice was properly
        addressed and delivered or posted, as the case may be, and in the case of service by
        facsimile transmission to prove that the transmission was confirmed as validly and
        completely sent by the originating machine.
18.
Governing Law and Submission to Jurisdiction
Governing law and jurisdiction.
This Agreement shall be governed by and construed
        in accordance with the laws of Hong Kong Special Administrative Region and the Parties
        irrevocably submit to the non-exclusive jurisdiction of the courts of Hong Kong for the
        purpose of enforcing any claim arising hereunder.
18.1
GWIL's process agent.
GWIL hereby irrevocably appoints Ren Ren Media Group Limited
        of 1403 Wan Chai Commercial Center, 194-204 Johnston Road, Wanchai, Hong Kong as its agent
        to receive and acknowledge on its behalf service of any writ, summons, order, judgment or
        other notice of legal process in Hong Kong. If for any reason the agent named above (or
        its successor) no longer serves as agent of GWIL for this purpose, GWIL shall promptly
        appoint a successor agent satisfactory to the other Parties, notify the other Parties
        thereof and deliver to the other Parties a copy of the new process agent's acceptance of
        appointment Provided that until the other Parties receive such notification, they shall be
        entitled to treat the agent named above (or its said successor) as the agent of GWIL for
        the purposes of this Clause. GWIL agrees that any such legal process shall be sufficiently
        served on it if delivered to such agent for service at its address for the time being in
        Hong Kong whether or not such agent gives notice thereof to GWIL.
Schedule 1
Deed of Adherence
Date:
By this Deed we, [· ], having our registered office at [· ], intending to
        become a shareholder of [· ] ("
Company
") hereby agree with the
        Company and each of its shareholders to comply with and to be bound by all of the
        provisions of a Shareholders'
Agreement dated [·
        ] between the Company, [GWIL] and [MC] (a copy of which has been delivered to us and which
        we have initialled and attached hereto for identification) in all respects as if we were a
        party to such Agreement and were named therein as a Shareholder and a Party and on the
        basis that references therein to each of Shareholder and Party include a separate
        reference to us.
IN WITNESS WHEREOF
this Deed has been executed by us and is intended to be and is
        hereby delivered on the date appearing at the head hereof.
THE COMMON SEAL of
)
)
was affixed to this Deed
)
in the presence of:
)
Director
Director/Secretary
IN
        WITNESS WHEREOF
the Parties have signed this document on the date appearing at the
        head hereof.
Signed by
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for and on behalf of
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Good World Investments Limited
)
in the presence of:
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Signed by
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MAN CHAN
)
in the presence of:
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Signed by
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for and on behalf of
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AX Organic Limited
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in the presence of:
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Exhibit 99.1
Press Release
China Media Group Corporation Announces Acquiring AX Organic Limited for Distribution of
    Organic Farm Produce for Health Products
Hong Kong, CHINA - April 27, 2010 -- China Media Group Corporation (OTCBB Symbol: CHMD)
    ("CMG") announces today its wholly owned subsidiary, Good World Investments
    Limited ("GWIL") entered into a conditional Sale and Purchase Agreement
    ("SP Agreement") with Mr. KONG Sum Onn to acquire 50% controlling interests in
    AX Organic Limited ("AX") for an initial consideration of 10,000,000 shares in
    CMG and a performance share consideration based on profit derived by AX over a 2 year
    period after closing.
The SP Agreement is conditional on the delivery of a shareholders agreement with the
    remaining 50% shareholder of AX and the signing of a contract for an consultancy agreement
    for soil remediation for a minimum of 3,200 mu (a chinese measurement, whereas 1 mu =
    approximately 0.1647 acres) in Hubei Province, China together with an off take agreement
    for the resulting produce grown on the land.
Mr. LOI Cheng Pheng, CEO of China Media Group stated, "We are very excited to work with
    AX Organic on this exciting project. This project fits in with CMG's project called the
    Great Wall of China Project which is to promote health education and health awareness.
    The organic produce fits exactly with out agenda on health and healthy living."
Mr. Loi further added, "We are also extremely please to have Mr. Kong join us to lead
    this business operation in our Product and Services business unit."
Mr. Kong added, "I am very excited to work with the professional team at China Media
    Group. Our line of soil remediation solutions and modern growing techniques will
    further promote the growth of organic produce in China. Food safety and sustainability
    is a concern for all of us today. We hope to contribute our green farming techniques
    and products so that would further promote healthy living. Working with CMG and
    together with the Great Wall of China team, will allow us a platform to promote
    health awareness and health education on organic foodstuffs.  Our initial project is
    to provide our remedial solution to Huangpi, Hubei province, residing in the farm
    belt in Central China."  Mr. Kong further added, "There is a tremendous interest
    today in food safety and healthy food.  We will utilize the Great Wall Project
    platform to promote our organic produce."
About China Media Group Corporation:
China Media Group Corporation (OTCBB: CHMD) is a "Next Generation" advertising /
    media company focusing on the very lucrative Chinese market. It has offices in China, Hong
    Kong and Texas, USA. The company was incorporated in Texas on October 1, 2002. The Company
    is currently entering the fast growing advertising industry in China and plans to expand
    its offices in key cities such as Shanghai, Guangzhou and Shenzhen. The Company will also
    cooperate with strategic partners in other cities to serve our clients for nationwide
    advertising coverage.
Additional information concerning other areas and topics of China Media Group can be found
    on our web site at
http://www.chinamediagroup.net
A number of statements contained in this Report are forward-looking statements that are
    made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform
    Act of 1995. Certain written statements in this press release constitute
    "forward-looking statements" as defined under the Private Securities Litigation
    Reform Act of 1995. Words or phrases such as "should result," "are expected
    to," "we anticipate," "we estimate," "we project,"
    "we intend," or similar expressions are intended to identify forward-looking
    statements. These statements are subject to certain risks and uncertainties that could
    cause actual results to differ materially from those expressed in any forward-looking
    statements. These risks and uncertainties include demand for our services, product
    development, our ability to maintain acceptable margins and control costs, the impact of
    federal, state and local regulatory requirements on our business, the impact of
    competition and the uncertainty of economic conditions in general, including the timely
    development and market acceptance of products, competitive market conditions, successful
    integration of acquisitions, the ability to secure additional sources of financing, the
    ability to reduce operating expenses, and other factors. The actual results that the
    Company achieves may differ materially from any forward-looking statements due to such
    risks and uncertainties. Readers are cautioned not to place undue reliance on
    forward-looking statements, since the statements speak only as of the date that they are
    made, and we undertake no obligation to publicly update these statements based on events
    that may occur after the date of this document.
Contact:
China Media Group Corporation
San Antonio, Texas
ir@chinamediagroup.net