Beijing Perfect World Network Technology Co., Ltd. ("PW Network" or "the Company"), one of the integrated online game service providers in China, announced that it successfully held the initial stop of the first players only "Perfect Festival" tour in the Feiyu Internet Cafe located in Weigongcun, Beijing on February 23, 2008. Perfect World's online game players, representatives of distributors and Holy Fire fairies all gathered together to enjoy the "Perfect Festival."

    After extensive preparation, the first stop of the "Perfect Festival" tour was in the player spotlight in the capital. At 3:00 p.m. that day, the event began with the arrival of the five Holy Fire fairies. Wubing, a famous player of the Company's "Legend of Martial Arts" game, and Mr. Shu Pingan, General Manager of Beijing IT Seafound Technology Co., Ltd, one of the largest distributors in Beijing, received the Holy Fire on behalf of players and distributors and delivered their speeches.

    They both expressed their pleasures in attending the festival and their confidence in PW Network's future performance. Moreover, they hoped that PW Network could promote domestically-developed online games to the world. Legend of Martial Arts is an adventure story of Chinese swordsmen set in an ancient kingdom. It is designed to provide a more light-hearted and less intense game environment than Perfect World. The game attempts to capture the look and feel that has made the TV series a hit with the Chinese public.

    After their speech, the event's interactive activities began. The Holy Fire fairies gave a splendid musical Cosplay performance followed by an opportunity for players to take photos with them. Afterwards, player representatives sang the theme songs of "Perfect World" and "Zhu Xian" by Shuimunianhua and Mr. Richie Jen respectively, raising the level of energy to a peak.

    The first stop of "Perfect Festival" tour ended with a live auction, where four limited edition virtual pets of the Company's games were enthusiastically welcomed by players. The "White Crane in Solitary Cloud," the limited edition virtual pet of "Zhu Xian," was the high bid of Zhuxian Bi 6,500. The storyline of Perfect World II is set in a similar content and graphic background as Perfect World. Perfect World II is the first game we licensed to overseas game operators. We plan to introduce cross-border in-game events, such as in-game battles between players from different countries, which we believe will help build up our international game player community and expand our international player base.

    The first stop of the "Perfect Festival" tour concluded in an atmosphere of player laughter and enthusiasm. The tour will continue to five other cities in China in an effort to spread happiness all around the country. Perfect World is an adventure and fantasy game with traditional Chinese settings. Players can take on various roles, including swordsmen, magicians, archers, priests and magical creatures. Characters develop skills over time, use magical weapons and team up with other players to fight against monsters and various creatures and to conquer and govern territories.