Document:

<PAGE>
                                                                   Exhibit 10.58

                                                        Equity Pledge Agreement-
                                              New Focus Media Acknowledge Letter

                     ACKNOWLEDGE LETTER FOR PARTICIPATION OF
                             EQUITY PLEDGE AGREEMENT

     FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. (registered
address(pound)(0)Room A72, 28 Floor, No.369, Jiangsu Road, Changning District,
Shanghai), SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered
address(pound)(0)Room 1003F, No.1027, Changning Road, Changning District,
Shanghai), (hereINafter "PARTICIPATING PLEDGORS" collectively) and SHANGHAI NEW
FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address: Room 15F-30, No. 728,
Yan'an Road (W), Changning District, Shanghai) (hereinafter "PARTICIPATING
TARGET COMPANY") hereby agree to participate in Equity Pledge Agreement dated on
March 28, 2005 among Focus Media Technology (Shanghai) Co., Ltd.
(hereinafter "FOCUS MEDIA TECHNOLOGY"), Focus Media Digital Information
Technology (Shanghai) Co, Ltd., Shanghai Focus Media Advertisement Co., Ltd. and
other relevant parties (hereinafter "EQUITY PLEDGE AGREEMENT") as an independent
contract party. Participating Pledgors and Participating Target Company pledge
the equity of the Participating Target Companies which constitute 100% of the
registered capital of the Participating Target Companies to Focus Media
Technology as the date of the Acknowledgement Letter to secure the following
contractual obligations:

1.   Contractual obligation for the Participating Pledgeors:

     (a)  Participating Pledgeors' obligation under the Call Option Agreement
          among Focus Media Technology and other relevant parties dated March
          28, 2005 (hereinafter "CALL OPTION AGREEMENT") Participating by the
          Participating Pledgeors pursuant to the Acknowledge Letter dated May
          22, 2006; and

     (b)  Participating Pledgeors' obligation under the Shareholder's Voting
          Rights Proxy Agreement among Focus Media Technology and other relevant
          parties dated March 28 2005 (hereinafter "VOTING RIGHTS PROXY
          AGREEMENT") Participating by the Participating Pledgeors pursuant to
          the Acknowledge Letter dated May 22, 2006.
<PAGE>

2.   Contractual obligation for the Participating Target Company:

     (a)  Participating Target Company's obligation under the Call Option
          Agreement Participating by the Participating Target Company pursuant
          to the Acknowledge Letter dated May 22, 2006; and

     (b)  Participating Target Company's obligation under the Shareholder's
          Voting Rights Proxy Agreement Participating by the Participating
          Target Company pursuant to the Acknowledge Letter dated May 22, 2006.

     This Acknowledgement Letter once executed by the Participating Pledgeors
and Participating Target Company, Participating Pledgeors and Participating
Target Companies shall make the same undertakings and warranties with those of
Pledgeors and Target Companies under the Equity Pledge Agreement (which shall in
relation to the Participating Pledgeors and Participating Target Company, and
shall be limited to those applicable to Participating Pledgeors and
Participating Target Company), agree to perform the obligations of Pledgors and
Target Company stipulated in the Equity Pledge Agreement (which shall in
relation to the Participating Pledgeors and Participating Target Company, and
shall be limited to those applicable to Participating Pledgeors and
Participating Target Company), and admit the rights and obligations of Parties
under the Equity Pledge Agreement.

                   [THE REMAINDER OF THIS PAGE IS LEFT BLANK]

<PAGE>
                                                        Equity Pledge Agreement-
                                              New Focus Media Acknowledge Letter

                                [EXECUTION PAGE]

FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
(chop)
Signature by:   /s/ Jason Nanchun Jiang
             ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(chop)
Signature by:   /s/ Jason Nanchun Jiang
             ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI NEW FOCUS MEDIA ADVERTISEMENT CO., LTD.
(chop)
Signature by:   /s/ Jason Nanchun Jiang
             ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO, LTD
(chop)
Signature by:   /s/ Jason Nanchun Jiang
             ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006<PAGE>
                                                                   EXHIBIT 10.59

                                                           Call Option Agreement

                                          New Focus Media Acknowledgement Letter

                   ACKNOWLEDGEMENT LETTER FOR PARTICIPATION OF
                              CALL OPTION AGREEMENT

FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. (registered
address: Room A72, 28 Floor, No.369, Jiangsu Road, Changning District,
Shanghai), SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address:
Room 1003F, No. 1027, Changning Road, Changning District, Shanghai) (hereinafter
the "PARTICIPATING SHAREHOLDERS" collectively), and SHANGHAI NEW FOCUS MEDIA
ADVERTISEMENT CO., LTD. (registered address: Room 15F-30, No. 728,
Yan'an Road (W), Shanghai) (hereinafter the "NEW TARGET COMPANY"), as
independent party, hereby agree to participate in the Call Option Agreement
among Focus Media Technology (Shanghai) Co., Ltd. (hereinafter "FOCUS MEDIA
TECHNOLOGY"), Shanghai Focus Media Advertisement Co., Ltd. and other relevant
parties (hereinafter "CALL OPTION AGREEMENT") dated March 28 2005. The
Participating Shareholders hereby grant Focus Media Technology with an
irrevocable equity Call Option (hereinafter "CALL OPTION") in respect to 90% and
10% of the equity share of New Target Company held by them respectively
(hereinafter "NEWLY INCREASE EQUITY SHARE"). Once this Acknowledgement Letter is
executed by the Participating Shareholders and the New Target Company, the New
Target Company and the Newly Increase Equity Share shall be the "Target Company"
and "Option Equity" defined under the Call Option Agreement; and the
Participating Shareholders and the New Target Company immediately make the same
representations and warranties in respect to the New Target Company and relevant
equity Call Option under the Call Option Agreement in respect to the defined
Target Company and Call Option (which shall in relation to the Participating
Shareholders and New Target Company, and shall be limited to those applicable to
Participating Shareholders and New Target Company) and undertake the same
obligations therein (which shall in relation to the Participating Shareholders
and New Target Company, and shall be limited to those applicable to
Participating Shareholders and New Target Company).

<PAGE>

                                [EXECUTION PAGE]

FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22,, 2006

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI NEW FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006<PAGE>
                                                                   EXHIBIT 10.60

                        Shareholders' Voting Rights Proxy Agreement
                                          New Focus Media Acknowledgement Letter

                   ACKNOWLEDGEMENT LETTER FOR PARTICIPATION OF
                   SHAREHOLDERS' VOTING RIGHTS PROXY AGREEMENT

FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD., (registered
address: Room A72, 28 Floor, No.369, Jiangsu Road, Changning District,
Shanghai) and SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address:
Room 1003F, No. 1027, Changning Road, Changning District, Shanghai) (hereinafter
the "PARTICIPATING SHAREHOLDERS" collectively), and SHANGHAI NEW FOCUS MEDIA
ADVERTISEMENT CO., LTD. (registered address: Room 15F-30, No. 728,
Yan'an Road (W), Shanghai) (hereinafter the "PARTICIPATING TARGET COMPANY"), as
independent party, hereby agree to participate in the Shareholders' Voting
Rights Proxy Agreement among Focus Media Technology (Shanghai) Co., Ltd.
(hereinafter "FOCUS MEDIA TECHNOLOGY"), SHANGHAI FOCUS MEDIA ADVERTISEMENT CO.,
LTD. and other relevant parties (hereinafter "PROXY AGREEMENT") dated March 28
2005. Participating Shareholders and Participating Target Company agree to
entrust the Trustees designated by Focus Media Technology to exercise the voting
rights in Participating Target Company in respect of 100% of the equity interest
in the registered capital of Participating Target Company held by the
Participating Shareholder as of the date of the Acknowledgement Letter, on
behalf of Participating Shareholder.

Once this Acknowledgement Letter is executed by the Participating Shareholder
and Participated Target Company, Participating Shareholder and Participated
Target Company shall be deemed to have made the same undertakings and warranties
with those of the Shareholders and Target Companies under the Proxy Agreement
(to the extent that is related and applicable to Participating Shareholder and
Participated Target Company), agreed to respectively perform the obligations of
the Shareholders and Target Companies stipulated in the Proxy Agreement (to the
extent that is related and applicable to Participating Shareholder and
Participated Target Company), and acknowledged the rights and obligations of the
Parties under the Proxy Agreement.

<PAGE>

                        Shareholders' Voting Rights Proxy Agreement
                                          New Focus Media Acknowledgement Letter

                                [EXECUTION PAGE]

FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI NEW FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
     ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

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