Perfect World Co., Ltd. News

Perfect World Announces Shareholder Resolutions Adopted at 2008 Annual General Meeting

BEIJING, July 4 Xinhua-PRNewswire — Perfect World Co., Ltd. (Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator in China, announced shareholder resolutions adopted at its annual general meeting of shareholders held in Hong Kong today.

Perfect World's shareholders adopted the following resolutions proposed by the Company:

1. Amendment of the Section 5.2(a)(i) of the Share Incentive Plan by replacing it with the following paragraph: \"Ten years from the date it is granted, unless an earlier time is set in the Award Agreement;\" 2. Ratification of the appointment of the Independent Auditor PricewaterhouseCoopers for the fiscal year 2007; 3. Appointment of the Independent Auditor PricewaterhouseCoopers for the fiscal year 2008; 4. Inclusion of financial statements of fiscal year 2007 in the Company's 2007 annual report; and 5. To authorize each of the directors to take any and every action that might be necessary to effect the foregoing resolutions 1 to 4 as such director, in his absolute discretion, thinks fit.

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," and "Chi Bi;" and a 3D casual game: "Hot Dance Party." While most revenues are generated in China, the Company's games have been licensed to leading game operators in more than ten countries and regions. 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 Peter Homstad Tel: +1-480-614-3026 Fax: +1-480-614-3033 Email: phomstad@christensenir.com Jung Chang Tel: +852-2117-0861 Fax: +852-2117-0869 Email: jchang@christensenir.com

SOURCE Perfect World Co., Ltd.

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