China Cablecom Announces Resolutions Adopted at the 2008 Annual General Meeting

SHANGHAI, Dec. 21 /PRNewswire-FirstCall/ -- China Cablecom Holdings, Ltd. ("China Cablecom" or the "Company") CABL CABLW CABLU, a joint-venture provider of cable television services in the People's Republic of China ("PRC"), today announced resolutions adopted at its Annual General Meeting of Shareholders held in Shanghai on December 11, 2009.

A total of 6,087,314 shares were represented in person or by proxy at the Company's 2008 AGM, representing approximately 51% of total outstanding shares.

During the meeting, China Cablecom's shareholders approved the re-election of all five directors to serve until the 2009 Annual Meeting of Stockholders or until their respective successors have been duly elected and qualified: Mr. Clive Ng, Mr. Kerry Propper, Mr. Shan Li, Mr. Richard Yee Ming Eu, and Mr. Emmanuel J. Olympitis.

In addition, the Company's Audit Committee approved the ratification of the appointment of UHY Vocation HK CPA Limited, as the Company's independent auditors for the 2009 fiscal year.

For more detailed information regarding the resolutions adopted at the Company's annual general meeting of shareholders, please review the 2008 Annual General Meeting Notice on the Company's website at www.chinacablecom.net.

About China Cablecom

China Cablecom is a joint-venture provider of cable television services in the People's Republic of China, operating in partnership with a local state-owned enterprise ("SOE") authorized by the PRC government to control the distribution of cable TV services through the deployment of analog and digital cable services. China Cablecom has consummated the acquisition of a 55% economic interest in a cable network in Hubei province with paying subscribers exceeding 1,100,000. The Company originally acquired operating rights of the Binzhou Broadcasting network in Binzhou, Shandong Province in September 2007 by entering into a series of asset purchase and services agreements with a company organized by SOEs, owned directly or indirectly by local branches of State Administration of Radio, Film and Television in five different municipalities to serve as a holding company of the relevant businesses. China Cablecom now operates 28 cable networks with over 1.67 million paying subscribers. China Cablecom's strategy is to replicate the acquisitions by operating partnership models in other municipalities and provinces in the PRC and then introducing operating efficiencies and increasing service offerings in the networks in which it operates.

Safe Harbor Statement

The matters discussed in this press release contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this presentation and in the Company's other written and oral reports are based on current Company expectations and are subject to numerous risks, uncertainties and assumptions, Any forward-looking statements are not guarantees of future performance and actual results of operations, financial condition and liquidity. The forward-looking statements herein speak only as of the date stated herein and might not occur or the actual results may differ materially in light of these risks, uncertainties, and assumptions. The Company undertakes no obligation and disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. You should carefully consider these factors, as well as the additional risk factors outlined in the filings that the Company makes with the U.S. Securities and Exchange Commission, including the Annual Report on Form 20-F filed on July 15, 2009.

    CONTACT: Debra Chen (917-499-8129)
    Email: debra@chinacablecom.net

SOURCE China Cablecom Holdings, Ltd.