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Perfect World Partners with CJ Internet Again to License ‘Zhu Xian’ in South Korea

January 8, 2009

BEIJING, Jan. 8 /PRNewswire-Asia/ — Perfect World Co., Ltd. (Nasdaq: PWRD)
(“Perfect World” or the “Company”), a leading online game developer and
operator in China, today announced that it recently signed an agreement with
CJ Internet Corporation (KOSDAQ: 037150) (“CJ Internet”) to license “Zhu
Xian,” the 3D massive multiplayer online role-playing game (MMORPG), in South
Korea
. This is the second time Perfect World has cooperated with CJ Internet.

“Zhu Xian,” which is based on a popular Internet fantasy martial arts
novel of the same name, has been well-received by online game players both in
China and overseas because of its creative designs and high quality imagery.
Presently, Perfect World has already licensed “Zhu Xian” in Malaysia,
Singapore, Thailand, Vietnam, Taiwan, Hong Kong, Macao, Japan and the
Philippines
, besides South Korea.

Of the cooperation with Perfect World, Mr. Young-jong Jung, Chief
Executive Officer of CJ Internet said, “We are pleased to cooperate with
Perfect World again to bring another high quality Chinese online game to
Korean game players following the launch of ‘Perfect World II.’ I believe
‘Zhu Xian’ will become popular in South Korea because it has an appealing
theme, attractive designs, quality graphics and elements of Chinese culture.
Given the solid performance of ‘Perfect World II,’ I believe ‘Zhu Xian’ will
be a success in South Korea.”

Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World,
commented, “South Korea is a major online game producing country and has
turned out many classic online games. Licensing ‘Zhu Xian’ in South Korea is
an important move for Perfect World as it once again proves that the high
quality research and development of Chinese online games is being recognized
overseas. I believe that, after the success of Perfect World II, our second
joint effort with CJ Internet will allow more Korean online game players to
enjoy ‘Zhu Xian’ and experience Chinese online games.”

About CJ Internet Corporation (http://www.cjinternet.com )

CJ Internet Corporation (KOSDAQ: 037150) (“CJ Internet”) is the first
company in the digital content industry in Korea to turn an online game
publishing business into what it is today – a successful business model. Its
success produced achievements such as “Sudden Attack” and “Ma9Ma9″, proving
that CJ Internet is Korea’s top online game publisher. To expand its business
from Korea to the rest of the world, CJ Internet has also entered other
countries such as Japan, China, and America. With the establishment of its
own game studio “CJIG (CJ Internet Game Studio),” CJ Internet has put forth
extensive investment and efforts on strengthening the development of digital
contents, which will not only solidify its game content lineup, but also act
as a strong catalyst in accelerating its global publishing business.

About Perfect World Co., Ltd. (http://www.pwrd.com )

Perfect World Co., Ltd. (NASDAQ: PWRD) 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 that are designed
to cater to changing customer preferences and market trends in China. The
Company’s current portfolio of self-developed online games includes 3D
massively multiplayer online role playing games (“MMORPGs”): “Perfect World,”
“Legend of Martial Arts,” “Perfect World II,” “Zhu Xian,” “Chi Bi” and
“Pocketpet Journey West;” and a 3D online casual game: “Hot Dance Party.”
While a substantial portion of the revenues are generated in China, the
Company’s games have been licensed to leading game operators in a number of
countries and regions in Asia, Europe and South America. The Company also
generates revenues from game operation in North America. 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,”
“believes” 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
annual report on Form 20- F. 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
     Kathy Li
     Tel:   +1-480-614-3036
     Fax:   +1-480-614-3033
     Email: kli@christensenir.com

     Roger Hu
     Tel:   +852-2117-0861
     Fax:   +852-2117-0869
     Email: rhu@christensenir.com

SOURCE Perfect World Co., Ltd.


Source: newswire