Announce the Open Beta Testing of "Dou Po Cang Qiong" on April 10, 2013 Announce the Open Beta Testing of "Dou Po Cang Qiong" on April
                                   10, 2013

PR Newswire

BEIJING, March 29, 2013

BEIJING, March 29, 2013 /PRNewswire/ -- Limited ("Changyou" or
the "Company") (NASDAQ: CYOU), a leading online game developer and operator in
China, today announced that it will begin open beta testing of Dou Po Cang
Qiong, a self-developed 2.5D fantasy MMORPG, on April 10, 2013.

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Dou Po Cang Qiong is a 2.5D fantasy MMORPG that has been under development by
Changyou for the past 3 years. The game is adapted from the popular online
novel of the same name. Using the specially tailored PyroEnigma game engine
and other new technologies, the game recreates classic elements in the novel
including Yi Huo (PyroEnigma), Dou Qi Continent, and Alchemy. The game version
intensifies the usage of Dou Qi skills, allowing players who have reach a
required level to evolve their own "Wings of Dou Qi" and giving them access to
mid-air combat. In this game, players can control Yi Huo of various types just
as the main characters in the novel do, experiencing the intense combat among
the numerous forces of the unique Dou Qi Continent.

Mr. Xiaojian Hong, Changyou's chief operations officer, commented, "We
continue to expand our portfolio of MMO games with the upcoming launch of our
new in-house developed game, Dou Po Cang Qiong. The game recreates the Dou Qi
Continent from the novel from which the game was adapted, enabling players to
experience the unique glamour of the Dou Qi world. We expect the game to
attract new players with its interesting and innovative gameplay, ultimately
further expanding our user base."

About Changyou Limited (NASDAQ: CYOU) is a leading developer and operator of
online games in China with a diverse portfolio of online games that includes
Tian Long Ba Bu, one of the most popular massively multi-player online ("MMO")
games in China, and DDTank and Wartune (also known as Shen Qu), which are two
popular web games in China. Changyou also owns and operates the
website, a leading game information portal in China. Changyou began operations
as a business unit within Inc. (NASDAQ: SOHU) in 2003, and was carved
out as a separate, stand-alone company in December 2007. It completed an
initial public offering on April 7, 2009. Changyou has an advanced technology
platform that includes advanced 2.5D and 3D graphics engines, a uniform game
development platform, effective anti-cheating and anti-hacking technologies,
proprietary cross-networking technology and advanced data protection
technology. For more information, please visit

For investor and media inquiries, please contact:

In China:

Ms. Angie Chang
Investors Relations Limited
Tel: +86 (10) 6861-3688

In the United States:

Mr. Jeff Bloker
Tel: +1 (480) 614-3003

SOURCE Limited

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