Phoenix New Media to Attend Upcoming Investor Conferences

BEIJING, March 7, 2012 /PRNewswire-Asia/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "PNM" or the "Company"), today announced its participation in the following investor conferences:

• 24th Annual ROTH OC Growth Stock Conference, to be held March 11 - 14, 2012 at the Ritz-Carlton Laguna Niguel in Dana Point, California. Ms. Lily Q. Liu, CFO of the Company, is currently scheduled to present at 2:00 - 2:30 pm Pacific Time on Monday, March 12 and meet with institutional investors during the conference.
• Nomura Internet/Media Tour, to be held March 14, 2012 at Grand Hyatt in Beijing. Mr. Ya Li, COO of the company is currently scheduled to present at 2:45 pm Beijing Time and meet with institutional investors during the conference.
• Macquarie Dim Sum Lunches, to be held March 15, 2012 at the Macquarie Securities' office in the One International Finance Centre. Ms. Liu is currently scheduled to present at 12:15 - 13:15 pm Hong Kong Time and meet with institutional investors.
• Morgan Stanley Internet, Online Gaming & Media Corporate Day, to be held March 15 - 16, 2012 at International Commerce Centre Building in Hong Kong. Ms. Liu is currently scheduled to meet with analysts and institutional investors on March 16, 2012.

For additional information, please contact your respective institutional sales representative.

About Phoenix New Media Limited

Phoenix New Media Limited (NYSE: FENG) is the leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China. Having originated from a leading global Chinese language TV network based in Hong Kong, Phoenix TV, PNM enables consumers to access professional news and other quality information and share user-generated content on the Internet and through their mobile devices. PNM's platform includes its ifeng.com channel, consisting of its ifeng.com website, its video channel, comprised of its dedicated video vertical and video services and applications, and its mobile channel, including its mobile Internet website and mobile Internet and value-added services ("MIVAS").

For investor and media inquiries please contact:

Phoenix New Media Limited
Matthew Zhao
Tel: +86 (10) 8445-8883
Email: ir@ifeng.com

ICR, Inc.
Jeremy Peruski
Tel: +1 (646) 405-4883
Email: Jeremy.peruski@icrinc.com