Perfect World to Launch Open Beta Testing for 'Chi Bi' on January 25, 2008

Perfect World to Launch Open Beta Testing for 'Chi Bi' on January 25, 2008

BEIJING, Jan. 18 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd. (NASDAQ:PWRD) ("Perfect World" or "the Company"), a leading online game developer and operator in China, today announces that it will launch open beta testing on January 25, 2008 for "Chi Bi", the Company's first MMORPG based on Chinese history, the most famous Three Kingdoms period.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080118/CNF016 )

The open beta testing will add brand new features including ''Collection Book System'', ''Title System'', ''Dungeons Systems'', ''Battlegrounds System'', extended maps and an extended upper level limit. Additionally, the Company is actively working to incorporate elements from ''Red Cliff'', the John Woo- directed movie that shares the same name in Chinese and is currently in post production.

"I am very pleased to announce that we will soon launch open beta testing for 'Chi Bi','' commented Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World. ''This follows the closed beta testing which has lasted over one month. We made a number of adjustments based on the feedback from closed beta testing and added a number of elements that will now be available on the open beta testing. Enhancing the user experience has always been one of our most important strategic focuses, and we will continue our efforts on effectively executing our strategies to provide online game players with a unique 3D online game experience of the classic Chinese online game based on Three Kingdoms period."

About Perfect World Co., Ltd.

Perfect World Co., Ltd. (NASDAQ:PWRD) (''Perfect World'' or the ''Company'') is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional ("3D") online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games designed to cater to changing customer preferences and market trends in China. The Company's current portfolio of self-developed 3D massively multiplayer online role playing games ("MMORPGs") includes ''Perfect World,'' ''Legend of Martial Arts,'' ''Perfect World II'' and ''Zhu Xian.'' The Company uses a time-based model for "Perfect World," and an item-based model for ''Legend of Martial Arts,'' ''Perfect World II'' and ''Zhu Xian.'' While most revenues are generated in China, the Company's games have been licensed to leading game operators in more than ten countries and regions. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.

Safe Harbor Statements

This press release contains forward-looking statements. These statements constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "future," "plans" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, and changes of the regulatory environment in China. Further information regarding these and other risks is included in Perfect World's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. Perfect World does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For further information, please contact:

Perfect World Co., Ltd.
Vivien Wang
Investor Relations Officer
Tel: +86-10-5885-1813
Fax: +86-10-5885-6899
Email: ir@pwrd.com
Web:

http://www.pwrd.com/

Christensen Investor Relations
Brett Rose
Tel: +1-480-614-3013
Fax: +1-480-614-3033
Email: brose@christensenir.com

Jung Chang
Tel: +852-2117-0861
Fax: +852-2117-0869
Email: jchang@christensenir.com

Photo: NewsCom:

http://www.newscom.com/cgi-bin/prnh/20080118/CNF016
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840

Source: Perfect World Co., Ltd.

CONTACT: Vivien Wang, Investor Relations Officer of Perfect World Co.,
Ltd., +86-10-5885-1813, or fax, +86-10-5885-6899, or ir@pwrd.com; or Brett
Rose, +1-480-614-3013, or fax, +1-480-614-3033, or brose@christensenir.com, or
Jung Chang, +852-2117-0861, or fax, +852-2117-0869, or
jchang@christensenir.com, both of Christensen Investor Relations for Perfect
World

Web Site:

http://www.pwrd.com/

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