SINA Announces Departure of Director Yongji Duan

SHANGHAI, China, March 31 /Xinhua-PRNewswire/ -- SINA Corporation (Nasdaq:
SINA), a leading online media company and mobile value-added service (MVAS)
provider for China and for the global Chinese communities, today announced
that Mr. Yongji Duan has vacated his seat on the Board of Directors of the
company, effective immediately. Concurrent with his departure as a Director
from SINA's Board of Directors, Mr. Duan will also no longer serve as SINA's
Chairman of the Board of Directors or on the Compensation Committee, effective
immediately.
Concurrently, SINA's Board of Directors has appointed Yan Wang, currently
Vice Chairman of the Board, to also serve as Acting Chairman of SINA's Board
of Directors, effectively immediately.
About SINA
SINA Corporation (Nasdaq: SINA) is a leading online media company and
value-added information service (VAS) provider for China and for global
Chinese communities. With a branded network of localized web sites targeting
Greater China and overseas Chinese, SINA provides services through five major
business lines including SINA.com (online news and content), SINA Mobile
(mobile value-added services), SINA Community (community-based services and
games), SINA.net (search and enterprise services) and SINA E-Commerce (online
shopping). Together these provide an array of services including region-
focused online portals, mobile value-added services, search and directory,
interest-based and community-building channels, free and premium email, online
games, virtual ISP, classified listings, fee-based services, e-commerce and
enterprise e-solutions.
Safe Harbor Statement
This announcement contains forward-looking statements that relate to,
among other things, SINA's strategic and operational plans. SINA may also make
forward-looking statements in the Company's periodic reports to the U.S.
Securities and Exchange Commission, in its annual report to shareholders, in
its proxy statements, in its offering circulars and prospectuses, in press
releases and other written materials and in oral statements made by its
officers, directors or employees to third parties. SINA assumes no obligation
to update the forward-looking statements in this release and elsewhere.
Statements that are not historical facts, including statements about the
Company's beliefs and expectations, are forward-looking statements. Forward-
looking statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially from those
contained in any forward-looking statement. Potential risks and uncertainties
include, but are not limited to, SINA's limited operating history, the
uncertain regulatory landscape in the People's Republic of China, the changes
by mobile operators in China to their policies for MVAS, the Company's ability
to develop and market other MVAS products, fluctuations in quarterly operating
results, the Company's reliance on online advertising sales and MVAS for a
majority of its revenues, the Company's reliance on mobile operators in China
to provide MVAS, any failure to successfully develop and introduce new
products and any failure to successfully integrate acquired businesses.
Further information regarding these and other risks is included in SINA's
Annual Report on Form 10-K for the year ended December 31, 2006 and its other
filings with the Securities and Exchange Commission.
For more information, please contact:

Cathy Peng
SINA Corporation
Tel: +86-10-8262-8888 x3112
Email: ir@staff.sina.com.cn

SOURCE SINA Corporation

Cathy Peng of SINA Corporation, +86-10-8262-8888 x3112, or
ir@staff.sina.com.cn