OVERSEAS OPERATIONSRelease of English and German Versions of "Torchlight 2" In September and October 2012, Perfect World released the English and German versions of "Torchlight 2," a pay-per-install, action role-playing game. This sequel to "Torchlight" is a popular title developed by Perfect World's majority-owned subsidiary, Runic Games, Inc., a top-tier game development studio based in the U.S. Launch of "Dark Blood" in Japan In September 2012, Perfect World launched "Dark Blood," a 2D action MORPG, in Japan through its wholly-owned Japanese subsidiary, C&C Media Co., Ltd. ("C&C Media"). "Dark Blood" is a Korean game with dazzling battling actions. C&C Media has obtained exclusive license to operate this game in Japan. Launch of "RaiderZ" in North America In October 2012, Perfect World launched "RaiderZ" in North America through its wholly-owned U.S. subsidiary, Perfect World Entertainment Inc. ("PWE"). "RaiderZ" is a Korean action MMORPG, where players can fully experience fun of battling and hunting a myriad of epic monsters which require strategy, skill and teamwork to defeat. PWE has obtained exclusive license to operate this game in North America. OVERSEAS LICENSING AGREEMENT Licensing "Empire of the Immortals" to Indonesia In September 2012, Perfect World signed an agreement with PT. Buana Online Internasional, a subsidiary of PT. Prodigy Infinitech ("Prodigy"), to license "Empire of the Immortals" to Indonesia. First launched in mainland China in March 2011, "Empire of the Immortals" is the second 2.5D MMORPG following "Battle of the Immortals" in Perfect World's "Immortals" franchise. About PT. Prodigy Infinitech ( http://www.prodigy.co.id) PT. Prodigy Infinitech was founded in April 2008 by a management team with a passion to bring the world's best games to Indonesia. In June 2009, Prodigy acquired exclusive license to operate "Runes of Magic" in Indonesia. In 2010, Prodigy released in Indonesia a popular online game called "Canaan Online," which won a huge following in the country's gaming community and gained great attention in a gaming exhibition jointly held by Prodigy. In 2012, Prodigy released "Legend of 3 Kingdoms," " Mercury Red," "Realm of the Titans," "Harvest Moon Indonesia" and "Warrior King." "Pirate King" under development is also planned to be launched soon. Prodigy aims to unite the diverse communities in Indonesia through online gaming, and foster a lifestyle of fun and enjoyment with interactive entertainment. Prodigy also aims to grow into a top game publisher, and continues its mission to introduce localized versions of high-end game titles from all around the world to the growing Indonesian gaming society.