Shanda Games will buy Mochimedia set up a global online gaming media platform

(Shanghai, China, January 12, 2010) China's leading online game developer, operator and distributor Shanda Gaming Development Limited (NASDAQ:GAME) today officially announced a takeover deal with Mochi Media, the world's leading web game distribution platform.　　　　　　　　Through this acquisition, Shanda Games rich online game product content and Mochi Media's global distribution platform perfect combination, marking the world's leading network game media platform formation.　　　　Trade Highlights: • Strong combination: Shanda Games rich game product content portfolio and Mochi Media monthly 140 million active users of the global platform to achieve a perfect combination.　　　　• Content expansion: Shanda games to MMORPG and casual game-oriented product portfolio will be from Mochi media15,000 a variety of web games greatly enriched.　　　　• Value enhancement: Mochi Media will share the professional knowledge of Shanda games in the field of game business model and increase user viscosity, thus deepening its advertising business and prop paying business, further enhancing platform value.　　　　• Boutique excavation: Shanda Games will further excavate and attract quality games through Mochi Media platform, continuously deepen its "most multi-channel out of the most boutique" content strategy.　　　　　　　• Team Integration: Two experienced, capable management team will share the game content and platform of the operation and management experience, common promotion and development. Mochi Media headquarters is located in San Francisco, currently has 140 million monthly active users, released more than 15,000 web games, and with nearly 40,000 publishers to establish a channel partnership, has been established, including gamers, developers, advertisers and distributors in the vast network and strong brands.　　　　　　　Mochi Media offers a variety of development products and services to game developers through an open platform, helping them with user data tracking, product multi-channel distribution, and making profits through advertising and virtual prop trading. Through this acquisition, Shanda Games, as China's leading online game developers, operators and distributors, will develop into a leading network gaming media platform.　　　　　　　　In the future, this platform will have a strong portfolio of games from MMORPG, to advanced casual games, to small casual games, and a huge global user base, with excellent gaming technology and capabilities, and excellent development and management talent reserves. "It's nice to see the perfect combination of two experienced teams," said Ms. Yu, CEO of Shanda Games. "The merger will also be a perfect combination of content and platform." Shanda Games has the most multi-channel and best quality experience and ability, mochi Media has a global player, developers and publishers of the open platform, the acquisition, will make Shanda games truly become the world's leading network tourPlay media platform. In addition, Mochi Media rich web game resources will become a grand game of nearly 70 content of an important supplement. In the future, Shanda games will not only provide services to players, but will also open and provide services to the global network gaming enterprises. We also hope that such an open platform for China's vast number of users, game developers, online gaming partners to provide open channels and opportunities for domestic and foreign markets. "Shanda games are ideal partners to help Mochi media move to a new level," said Jameson Hsu, Mochi Media CEO and founder. Currently, Mochi Media has built a successful distribution profit platform and built a vast network of contact users, game developers, publishers, advertisers and users. Shanda's strong portfolio and proven profitability will undoubtedly bring great value to all parties to the Mochi media platform. "The deal involves about 60 million dollars in cash and a 20 million dollar stake."　　　　　　　　The deal is expected to be completed in the first quarter of 2010.　　　　　　　　Ecapital Capital participates in the consultancy service of this transaction.　　　　　　　　Conference call Grand Game management team will be in Beijing/Hong Kong time January 12 9:00 (eastern United States January 12 early 8:00) conference call to report the details of this transaction.　　　　Telephone Access: The United States free of charge: 1866-850-2201 in the southern part of China: 10800-120-2770 mainland China free of charge: 10800-712-2725 free call in Hong City: 800-966-243　　　　　　　　UK FREE Call: 0800-279-9640 International Number: +44 (0) 20-7784-1036 telephone access password: 1430562 conference call recording from the United States East time January 12 11:00 start to retain 7 days.　　　　　　　　　　　　Shanda Gaming company web site webcast and replay: http://www.shandagames.com. Warning statement on Forward-looking Statements This bulletin contains forward-looking statements. These forward-looking statements are based on the safe haven clause of the US Private Securities Litigation Amendment Act 1995. All statements except the previous facts in this bulletin are forward-looking statements that represent only the company's current expectations, assumptions, estimates, and forecasts. These statements contain various types of risks and uncertainties. Although Shanda believes that the expectations made in these forward-looking statements are reasonable, there is no guarantee that the expectation will eventually be consistent with the facts, and that the actual results of the grand game may be quite different from what was expected.Or worse than expected. Significant risks and uncertainties that may result in the actual effect of a grand game being completely different from expectations include, but are not limited to, the risks mentioned in the relevant documents submitted to the Securities and Futures Commission (including the prospectus for the listing of Shanda games).　　　　　　　　In addition to applicable legal requirements, the company is not obligated to make any revisions to forward-looking statements. Shanda Games is China's leading online game developers, operators and distributors, to the vast number of game users, including large multiplayer online role-playing games (MMORPG), advanced casual games and other diversified game products, and strive to become the world's leading online gaming media platform. Shanda Games through independent research and development, strategic investment, overseas agents and cooperative development and other diversified channel model, the accumulation of China's richest online game product content.　　　　　　　　Please login to http://www.ShandaGames.com for more details. About Mochi Media headquarters in San Francisco Mochi Media is the world's largest web gaming platform, currently has 140 million active users, released more than 15,000 web games, and with nearly 40,000 sites to establish a channel partnership. Mochi Media provides game developers with a wide range of development products and services through an open platform, helping them with user data tracking, product multi-channel distribution, and making profits through advertising and virtual prop trading.