Bona Film Group CFO Mason Xu to Step Down, Assume CEO Position for Investment Fund

Bona Film Group Limited

announced today that its chief financial officer, Mr. Mason Xu, has tendered his resignation as CFO of the Company to become chief executive officer of a China-based, U.S.-dollar private equity fund. Mr. Xu will remain as CFO with Bona through the completion of the Company's annual full-year audit and sign the Company's Annual Report on Form 20-F, which is expected to be filed with the U.S. Securities and Exchange Commission by April 30, 2012. Following his resignation, Mr. Xu will serve in an advisory capacity on the Company's "Strategy Committee" to ensure a smooth CFO transition while providing additional insight in support of Bona's strategic expansion. Bona has formed a CFO search committee consisting of Mr. Dong Yu, Bona's founder, chairman and chief executive officer, along with two of the Company's independent directors, Dr. Daqing Qi and Mr. Jie Lian. The committee has identified a number of CFO candidates and expects to submit a final recommendation to the Company's board of directors within the next month.