Giant privatization transaction announced the completion

Recently, Giant Network has just announced that the company has completed the merger agreement with Giant Merger Limited, a wholly owned subsidiary of Giant Investment Co., Ltd., on March 17, 2014, and the supplemental agreement signed on May 12, 2014. Under the agreement, Giant Investment Co., Ltd. has acquired the giant network for about $ 3 billion in cash.

The merger agreement was approved at the extraordinary general meeting on July 14, 2014. Under the agreement, all eligible Giant Network shareholders will receive an offer price of US $ 12 per common share, or US $ 12 per ADA ("ADS"). Eligible Giant Network shareholders will receive a letter of advice telling them how to do this. Giant Networks also announced that the company has asked the NYSE to stop trading ADS for the company after July 18. Giant Networks also applied to the NYSE for filing a Form 25 document with the Securities and Exchange Commission (SEC) and telling the SEC the delisting of the company.

At the same time giant network CEO Liu Wei and president Ji Xuefeng on the giant network released an internal mail, the full text is as follows:

Giant Network CEO Liu Wei Ji Xuefeng to the full letter

Giants colleagues:

We are very pleased to share this news with you. The project on the privatization of the giant Internet ended successfully last Friday (July 18). In the past 10 months, the company colleagues work together, all partners to help each other, the project was successfully implemented. Here, on behalf of the company management, we sincerely thank every colleague.

November 1, 2007, we successfully listed on the NYSE, fingertips, seven years later. This year is the 10th anniversary of the giant network venture, the 25th anniversary of the giant group venture. Whether seven years, ten years, or twenty-five years, are just a short journey along the path of our giant's growth. When we started our business in Zhuhai, our dream was to be an Oriental giant. After the giant was successfully listed, we turned our dreams into a century-old Chinese shopper. Giant is still a young business, delisting means a new beginning.

This is a glorious day for the Giant's Internet. We are at a brand new starting point and we are embarking on a new journey. On the road ahead, I hope my colleagues work together to embrace the second wave of entrepreneurship and embrace the tide of mobile Internet to realize our corporate vision, make the most fun games and lead a happier life!

Let us wish together, the giants network has a better tomorrow! Let us remember the 2014 slogan: Giants ten years, the second venture, fly higher!

Giant Network CEO Liu Wei, President Ji Xuefeng

2014.7.21

(Sun Hongchao)