Shanda Honored as One of the Excellent Model Enterprises of China's Cultural Industry

Shanda Honored as One of the Excellent Model Enterprises of China's Cultural Industry

Shanda First Online Network Company in China to Receive this Honor

Award Demonstrates Chinese Government's Support of the Online Game Industry

SHANGHAI, China, Dec. 1 /Xinhua-PRNewswire/ -- Shanda Interactive Entertainment Limited (NASDAQ:SNDA) today announced that Shanda, along with 41 other outstanding enterprises, has been named as one of the excellent model companies of the cultural industry in China by the Ministry of Culture, the major government organization that oversees the cultural industry. Shanda received this honor due to its outstanding contribution towards exploring and advancing the national network culture through online games. The award also demonstrates the supportive attitude that the Ministry of Culture has towards the growth and prosperity of the online game industry.

The recipients of this prestigious award are typically enterprises and organizations within the traditional cultural industries of China, such as film, television, radio, publishing and sound recordings, etc. Shanda is the first online network company to receive this award. The Ministry of Culture bestows this award upon those enterprises that demonstrate and promote the development of the cultural industry in China.

''This award is a tremendous honor for Shanda,'' said Tianqiao Chen, CEO of Shanda. ''Typically given to companies in the traditional cultural industries, Shanda is the first online network company to be recognized by the Ministry of Culture as a model cultural enterprise. In addition, the award demonstrates the Chinese government's continued support in the growth and development of the online game industry, and reaffirms Shanda's leading position in this rapidly growing segment.''

About Shanda

Shanda Interactive Entertainment Limited (NASDAQ:SNDA) is the largest operator of online games in China. Shanda offers a portfolio of massively multi-player and casual online games that users play over the Internet, including several of the most popular online games in China. Shanda's game platform attracts a large and loyal user base, each member of which can interact with thousands of others, which creates a strong community among users. For more information about Shanda, please visit http://www.snda.com/ .


Source: Shanda Interactive Entertainment Limited

CONTACT: Donglei Zhou, Director of Investor Relations of Shanda
Interactive Entertainment Limited, +86-21-5050-4740, or IR@shanda.com.cn; or
Investors, Todd St.Onge, +1-212-986-6667, or stonge@braincomm.com, or Media,
Michael DiPaolo, +1-212-986-6667, or dipaolo@braincomm.com, both of Brainerd
Communicators, Inc., for Shanda

Web Site: http://www.snda.com/


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