Shanda Group is Among the First to Access China (Shanghai) Pilot Free Trade Zone

 Shanda Group is Among the First to Access China (Shanghai) Pilot Free Trade

PR Newswire

HONG KONG, Sept. 30, 2013

HONG KONG, Sept. 30, 2013 /PRNewswire/ --Shanda Games Limited (NASDAQ: GAME,
"Shanda Games" or "the Company"), a leading online game developer, operator
and publisher in China, today announced that its parent company, Shanda
Interactive Entertainment ("Shanda Interactive"), has been granted a permit to
open a new subsidiary to conduct business in the newly established China
(Shanghai) Pilot Free Trade Zone.Shanda Interactive is the only
privately-owned Internet company among the first 36 companies to enter the
free trade zone and participated in the opening ceremony of the free trade
zone in Shanghai on September 29, 2013.Shanda International, the
newly-established subsidiary, is expected to benefit from a series of more
liberal policies that are exclusive to the free trade zone in the areas of,
among other things, foreign exchange, banking and finance, telecommunications
and foreign investment.

"We are glad that Shanda Group was permitted to enter the free trade zone and
we believe that this will further enhance our overseas businesses," said Mr.
Xiangdong Zhang, Chief Executive Officer of Shanda Games. "As part of our
ongoing effort to achieve growth globally, we have been proactively marketing
online game content derived from Chinese culture to markets around the
world.To date, our games have gained presence in 91 countries and regions.We
have further supported this effort by building up our R&D centers and game
operations abroad.In the first half of 2013, revenues from our overseas
businesses accounted for approximately 17% of our total revenues.We hope that
the new policies of the free trade zone will give us more leeway to reduce
operating and transactional costs and thus allow us to transact our
international businesses in a more efficient way.We also wish to benefit from
the overall growth of Shanda Group as Shanda Group benefits from these
promising initiatives."

Mr. Robert Chiu, President of Shanda Interactive, commented, "Shanghai, as
well as China, is witnessing a surge of new opportunities and we are lucky to
be part of it.We are also deeply honored to be among the first ones given
this unprecedented opportunity to share the future of the free trade zone.We
are enthusiastic about the initiatives of the free trade zone as well as the
great potential they may bring to the industry and to our businesses.We plan
to take advantages of the new regulations in finance, foreign exchange and
other areas to develop new businesses and further solidify our leading
position in China's Internet industry through various innovations."

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.Statements in this announcement that are not
historical facts, including but not limited to statements regarding the future
benefits brought by Shanda Interactive's entering into the Shanghai free trade
zone, represent only the Company's current expectations, assumptions,
estimates and projections and are forward-looking statements.These
forward-looking statements involve various risks and uncertainties.Important
risks and uncertainties that could cause the Company's actual results to be
materially different from expectations include but are not limited to the
possibility that the Company may not benefit from Shanda Interactive's
entering into the Shanghai free trade zone, and the risks set forth in the
Company's filings with the U.S. Securities and Exchange Commission, including
the Company's annual report on Form 20-F.The Company does not undertake any
obligation to update any forward-looking statement, except as required under
applicable law.

About Shanda Games

Shanda Games Limited (NASDAQ: GAME) is a leading online game developer,
operator and publisher in China.Shanda Games offers a diversified game
portfolio, which includes some of the most popular massively multiplayer
online (MMO) games and mobile games in China and in overseas markets,
targeting a large and diverse community of users.Shanda Games manages and
operates online games that are developed in-house, co-developed with
world-leading game developers, acquired through investments or licensed from
third parties.For more information about Shanda Games, please visit


Shanda Games Limited:

Ellen Chiu, Investor Relations Director
Maggie Zhou, Investor Relations Associate Director
Phone: +86-21-5050-4740 (Shanghai)


Christian Arnell
Phone: +86-10-5826-4939 (China)

Linda Bergkamp
Phone: +1-480-614-3004 (U.S.A.)

SOURCE Shanda Games Limited

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