Phoenix New Media to Present at The IAB Annual Leadership Meeting and Deutsche Bank's Media & Telecom Conference

BEIJING, February 17, 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 Chief Operating Officer Mr. Ya Li will present at the following conferences:

• The Interactive Advertising Bureau (IAB) Annual Leadership Meeting "Ecosystem 2.0: Beyond Time and Space", to be held February 26 - 28, 2012 at the Fontainebleau in Miami Beach, Florida. As one of the three key speakers from China's interactive media and marketing industry, Mr. Ya Li is currently scheduled to present at an exclusive session titled "A Global Focus: Innovation in the Chinese Media Ecosystem" at 4:45 - 5:45 pm ET on Monday, February 27.

• Deutsche Bank's 2012 Media & Telecom Conference, to be held February 27 - 29, 2012 at the Breakers Hotel in Palm Beach, Florida. Mr. Ya Li is currently scheduled to present at 11:40 am - 12:15 pm ET on Wednesday, February 29 and to meet with analysts and institutional investors during the conference.

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