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Sunday, 09/27/2009 10:04:18 PM

Sunday, September 27, 2009 10:04:18 PM

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Investor FAQ

1. Where and when was Shanda incorporated?
Shanda was incorporated in the Cayman Islands in November 2003.

2. How many employees does Shanda have?
As of December 31, 2008, Shanda has around 2000 full-time employees.

3. Where is Shanda's stock listed?
Shanda's stock is listed on the NASDAQ National Market under the ticker symbol SNDA.

4. When did Shanda go public, and at what price?
Shanda issued 13,854,487 ADSs (American Depository Shares) on May 13, 2004 at U.S. $11 per ADS in its initial public offering (IPO). On June 2, 2004, Shanda held the closing for the over-allotment option in connection with its IPO. At this closing an additional 1,505,634 ADSs were purchased from Shanda and the selling shareholders, which increased the total outstanding Shanda ADSs to 15,360,121 and the total outstanding Shanda ordinary shares to 141,818,280.

5. What is online game and how does it differ from offline game?
The electronic games industry is broadly divided into offline games and online games. Online games are those in which at least one component must be played through the Internet. The main part of the game software operates on network servers to which end users have no access, and user data are stored on the serves. Although some offline games have network features that allow users to play on a peer to peer basis on a local area network or through a publisher's server, usage data are not stored on the severs.

6. What is an MMORPG?
MMORPG, or massively multiplayer online role-playing games, allow thousands of users to interact with one another in a virtual world by assuming ongoing roles or characters with different features. The games are continuous, and players accumulate features, advance in levels and communicate with one another through instant messaging. The interactive and group-oriented nature of our games creates a strong sense of community among users, and the large size of our user base contributes to user loyalty and helps to attract new users.

7. What is a casual game?
Casual games are less complex and time consuming than MMORPGs, but they attract a broader range of users. Casual games have cartoon style and are typically session based, meaning that a game can be played to a conclusion within a short period of time. So users usually play them for fun.

8. How can I purchase shares of Shanda stock?
Shares of Shanda stock can be purchased through a stockbroker or online brokerage of your choice.

9. Does Shanda distribute dividends or have a Direct Stock Purchase Plan?
We do not issue a quarterly dividend and have no plans to do so for the foreseeable future. We do not have a Direct Stock Purchase Plan.

10. How do I transfer my stock in Shanda or change my address with the transfer agent?
To transfer stock or change your address, please contact our transfer agent, The Bank of New York for American investors at 1-888-BNY-ADRs and for international investors at 001-610-312-5315.

"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;

-- Charles Dickens

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