CHINA 33MEDIA (08087) announced that its board of directors has recommended a subdivision of the company's existing issued and unissued shares, each with a par value of US$0.004, into five subdivided shares each with a par value of US$0.0008. Following the effective date of the share subdivision, the company's authorized share capital will be US$40 million, divided into 50 billion subdivided shares. Of these, 648 million subdivided shares will be issued and fully paid or credited as fully paid, assuming no further issuance or repurchase of shares occurs after the date of this announcement and before the share subdivision takes effect. The board of directors further proposed that, after the share subdivision becomes effective, the board lot size for trading the subdivided shares on the Stock Exchange will be changed to 2,000 subdivided shares per board lot.