Yu resigned as CEO and director of Grand Games Tan successor

Beijing Time January 23 News, Shanda Games Limited (Nasdaq:game) (hereinafter referred to as "Shanda game" or "the Company") announced today, as a result of planned self-employment, Ms. Yu has resigned as CEO and director of the company.　　Mr. Tan, chairman of the company, will serve as CEO. "Thanks to my trust and the support of all staff for my work," said Ms Yu, who left office. Leaving the company for five years was a tough decision for me, and I'm going to miss my friends and colleagues. I want all who care about the development of the grand game to understand, in the past few years, Shanda has established a mature, complete management system, and has a solid style, trustworthy management team; At the same time, we are also convinced that, as the founder of the Grand Group, a senior expert in the field of online gaming, Mr. Tan will lead the company to a new height. I wish the grand game will continue to achieve greater success in the future. Mr. Tan, chairman of Shanda Games, said: "Thank Yu for the fruitful efforts and contributions she has made over the past five years." From the beginning as the director of the Evaluation Center, to later host business cooperation, project management, 18 funds and other aspects of the work, Yu dedicated to participate in the grand game of several important projects, I am also very pleased to see her all the way to grow into a grand CEO of the game and lead the company's development. Yu has contributed her time, intellect and enthusiasm to the development of Shanda Games, and her foresight, business acumen and executive Power have also impressed us. We also wish her greater success in the future. "Tan is one of the founders of the Grand Group. He served as chairman of the Grand game in May 2009. Previously, he has presided over the game research and Development, operation, technical operations and other aspects of the work, and in 2005 as a grand Game division president. He led the team to achieve the "blood legend" of the great success, and leading the development and operation of the legendary world, the Chinese online gaming market is one of the most successful independent research and development products.　　At present, in the continued leadership of the "Blood Legend" and "legendary World" team at the same time, Tan also personally guide the new generation of online products "0 World" and "Star change" development. 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 games may be completely different or worse than expected. Major 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, relevant documents submitted to the SEC (includingShanda games listed in the prospectus) mentioned in the risk.　　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.