China Mobile Games and Entertainment Group Limited Announces Conference Call to Discuss Third Quarter 2012 Financial Results

China Mobile Games and Entertainment Group Limited Announces Conference Call
to Discuss Third Quarter 2012 Financial Results

GUANGZHOU, China, Nov. 23, 2012 (GLOBE NEWSWIRE) -- China Mobile Games and
Entertainment Group Limited (Nasdaq:CMGE) ("CMGE" or "the "Company"), a
leading mobile game company based in China, today announced that it will
report its third quarter 2012 financial results on Wednesday, November 28,
2012, before the open of U.S. markets.

CMGE's management will host a conference call to discuss the results at 8:00
a.m. Eastern Standard Time on November 28, 2012 (9:00 p.m. Beijing time on the
same day).

The dial-in details for the live conference call are:

U.S. Toll Free Dial-In +1 855-500-8701
Hong Kong Dial-In      +852 3051-2745
China Dial-In          400-120-0654
International Dial-In  +65 6723-9385
Conference ID          CMGE

A telephone replay of the call will be available after the conclusion of the
conference call at 10:00 a.m. Eastern Standard Time on November 28, 2012
through 11:59 p.m. Eastern Standard Time on December 5, 2012. The dial-in
details for the replay are:

U.S. Toll Free Dial-In +1 855-452-5696
International Dial In: +61 2-8199-0299
Conference ID          73541222

A live webcast of the conference call will be available on the investor
relations section of CMGE's website at: http://ir.cmge.com/.

About CMGE

CMGE is a leading mobile game company in China with the largest market share
among mobile game developers in terms of revenues in 2010 and 2011, according
to a report prepared in March 2012 by Analysys International, an independent
market research firm. CMGE has integrated capabilities in the development,
operation, sale and distribution of mobile games in China. Its mobile handset
design business complements its game development business as it pre-installs
CMGE's mobile games and game platforms in the handsets it designs, and
enhances CMGE's knowledge of user habits and preferences and industry trends.
CMGE has a large and diversified portfolio of games for feature phones and
smartphones, and has strong development capabilities, evidenced by the fact
that it develops single-player games and mobile social games for both types of
handsets.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are
made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "confident" and similar
statements. CMGE may also make written or oral forward-looking statements in
its periodic reports to the U.S. Securities and Exchange Commission, in its
annual report to shareholders, in press releases and other written materials
and in oral statements made by its officers, directors or employees to third
parties. Statements that are not historical facts, including statements about
CMGE's beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties. A number
of factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not limited to the
following: our growth strategies as well as our business plans; our future
development, results of operations and financial condition; our ability to
continue to develop new and attractive products and services; our ability to
continue to develop new technologies or upgrade our existing technologies; our
ability to attract and retain users and customers and further enhance our
brand recognition; the expected growth of and trends in the mobile game
industry in China; PRC governmental policies and regulations relating to the
mobile game industry in China; competition in the mobile game industry; and
general economic and business conditions in China. Further information
regarding these and other risks is included in our registration statement on
Form F-1 and other documents filed with the Securities and Exchange
Commission. CMGE does not undertake any obligation to update any
forward-looking statement, except as required under applicable law. All
information provided in this press release and in the attachments is as of the
date of the press release, and CMGE undertakes no duty to update such
information, except as required under applicable law.

CONTACT: For investor and media inquiries, please contact:
        
         China Mobile Games and Entertainment Group Limited
        
         In China:
         Tel: +86 20-8561-3455
         E-mail: ir@cmge.com
        

         Christensen
         Mr. Christian Arnell
         Tel: +86 10 5826 4939 (China)
         E-mail: carnell@ChristensenIR.com
        
         In the U.S.:
         Christensen
         Mrs. Linda Bergkamp (U.S.A.)
         Tel: +1 480 614 3000
         E-mail: lbergkamp@ChristensenIR.com
 
Press spacebar to pause and continue. Press esc to stop.