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Mobile Game Diffusion Million Arthur Tops App Store In Korea

HONG KONG, Dec. 26, 2012 /PRNewswire/ -- Shanda Games Limited (NASDAQ: GAME, " Shanda Games"), a leading online game developer, operator and publisher in China, announced today that the iOS version of Diffusion Million Arthur, a mobile game published by Shanda Games' subsidiary Actoz Soft (KOSDAQ: 052790.KQ), is currently the top grossing app among all categories in Apple's local App Store following the official launch in Korea on December 20, 2012.

Diffusion Million Arthur is an online mobile card game developed by Square Enix, a leading game developer in Japan.  Based on the folklore surrounding King Arthur, gamers are on a quest to recruit knights and collect resources as they fight against other players and in-game characters.  The game is free to download and employs an item-based revenue model.

"The successful launch of Diffusion Million Arthur in Korea shows the strength of the strategic alliance between Square Enix and Shanda Games," said Mr. Xiangdong Zhang, Chief Executive Officer of Shanda Games.  "We look forward to publishing the game in China, Taiwan and Southeast Asia following its successful launch in Korea.  In addition, we will publish mobile version of Final Fantasy I, II and III in China, Taiwan, Korea, and Southeast Asia soon.  With a strong portfolio of games in the pipeline, we will continue to explore opportunities in the mobile games market through multiple channels including in-house development, licensing, investment and partnership, and expect to publish those titles globally in the near future."

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 launch schedule of Diffusion Million Arthur and mobile version of Final Fantasy I, II and III, and the potential success of these games, 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 risk that there are delays in the launch of, or the Company is unable to launch Diffusion Million Arthur and mobile version of Final Fantasy I, II and III in different markets as expected, and these games fail to meet the expectations of end users, as well as 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.

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