LEGEND
MEDIA, INC.


List of
Subsidiaries


As of
June 30, 2009





Subsidiary
                                                                          
                                                                          Place
                                                                            Incorporated
                                                                          
                                                                          %
      OwnedWell
      Chance
                                                                          
                                                                          United
      States
                                                                          
                                                                          
                                                                          100Legend
      Media Investment Company Limited
                                                                          
                                                                          BVI
                                                                          
                                                                          
                                                                          80Three
      subsidiaries of Legend Media Investment Company LimitedLegend
      Media Tianjin HK Limited
                                                                          
                                                                          Hong
      Kong
                                                                          
                                                                          
                                                                          80Legend
      Media (Beijing) Consulting Company Limited
                                                                          
                                                                          PRC
                                                                          
                                                                          
                                                                          80Tianjin
      Yinse Lingdong Advertising Co., Ltd
                                                                          
                                                                          PRC
                                                                          
                                                                          
                                                                          80
                                                                          *News
      Radio Limited
                                                                          
                                                                          BVI
                                                                          
                                                                          
                                                                          100Four
      subsidiaries of News Radio LimitedCRI
      News Radio Limited
                                                                          
                                                                          Hong
      Kong
                                                                          
                                                                          
                                                                          100Legend
      Media (Beijing) Information and Technology Co., Ltd.
                                                                          
                                                                          PRC
                                                                          
                                                                          
                                                                          100Beijing
      Maihesi Advertising International Co., Ltd.
                                                                          
                                                                          PRC
                                                                          
                                                                          
                                                                          100
                                                                          *Beijing
      Yinse Lingdong Advertising Co., Ltd.
                                                                          
                                                                          PRC
                                                                          
                                                                          
                                                                          100
                                                                          *