Giant Interactive Group Inc. Files Annual Report on Form 20-F

SHANGHAI, China, July 7 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA) (“Giant or the “Company”), a leading online game developer and operator in China, today announced it filed its annual report on Form 20-F for the year ended December 31, 2007 with the Securities and Exchange Commission on June 18, 2008. The annual report can be accessed on the Company’s website at http://www.ga-me.com under the section titled, Investor Relations-SEC Filings. Giant will provide a hard copy of its annual report on Form 20-F containing complete audited financial statements for the three years ended December 31, 2007, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Giant Interactive Group Inc., 2F 29th Building, 396 Guilin Road, Xuhui District, Shanghai, P.R.C. 200233.

About Giant

Giant is one of China’s leading online game developers and operators in terms of revenues, focusing on massively multiplayer online role playing games. Giant’s first game, ZT Online, was voted the most popular online game in China in 2006 according to the International Data Corporation. The Company’s second game, Giant Online, entered into open beta testing on March 28, 2008. Giant has two additional online games that it intends to launch, including King of Kings III and Empire of Sports. Giant has built a nationwide distribution network to sell the prepaid game cards and game points required to play its games, which as of March 31, 2008 consisted of over 270 distributors, and reached over 116,500 retail outlets, including internet cafes, software stores, supermarkets, bookstores, newspaper stands, and convenience stores located throughout China. For more information, please visit Giant Interactive Group Inc. on the web at http://www.ga-me.com .

For more information, please contact:

Investor Contact:

Eric He, CFO

Giant Interactive Group Inc.

Tel: +86-21-6451-5001

Investor Relations (US):

Mahmoud Siddig, Director

Taylor Rafferty

Tel: +1-212-889-4350

Investor Relations (HK):

Ruby Yim, Managing Director

Taylor Rafferty

Tel: +852-3196-3712

Media Contact:

John Dudzinsky, Director

Taylor Rafferty

Tel: +1-212-889-4350