Perfect World Announces Appointment to the Board of Directors

BEIJING, July 23 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd.
(Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game
developer and operator in China, today announced the appointment of Mr. Han
Zhang as an independent director to the Company's Board of Directors.
Mr. Han Zhang serves as a partner of Share Capital Partners Ltd. Prior to
his affiliation with Share Capital Partners Ltd., he was the general manager
of Greatwall Fund Management Co., Ltd. Prior to that, he also held management
positions in a number of fund management companies. Mr. Zhang received his
bachelor's degree in chemistry from the Peking University and his EMBA degree
from China Europe International Business School.
"I would like to welcome Mr. Zhang to the Board as an independent
director.
His extensive experience should help further strengthen our corporate
governance," commented Mr. Michael Chi, Chairman and Chief Executive Officer
of Perfect World.
Perfect World would also like to announce that Mr. Daniel Dong Yang
recently stepped down from his position as a member of the Board of Directors
of Perfect World. He plans to focus on other professional commitments.
"I would like to thank Mr. Yang for his contribution to Perfect World,"
commented Mr. Michael Chi. "I and the rest of the Board would like to take
this opportunity to express our sincere gratitude to Mr. Yang and wish him the
best in his pursuit of his other professional commitments."
After the above changes of the board of directors, Perfect World has met
the requirement of the Nasdaq Stock Market, Marketplace Rules that a majority
of the directors shall be independent directors. Perfect World's current
board members are Mr. Michael Chi, founder, chairman and Chief Executive
Office of Perfect World, Mr. Ge Song, Director, Mr. Louis T. Hsieh,
independent director, Dr. Bing Xiang, independent director, and Mr. Han Zhang,
independent director. The three independent directors are also members of the
Company's audit committee.
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
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.

Perfect World Co., Ltd. - Vivien Wang, Investor Relations Officer,
+86-10-5885-1813, fax, +86-10-5885-6899, or ir@pwrd.com; Christensen Investor
Relations - Peter Homstad, +1-480-614-3026, or fax, +1-480-614-3033, or
phomstad@christensenir.com; Jung Chang, +852-2117-0861, fax, +852-2117-0869,
or jchang@christensenir.com