Perfect World Announces Recent Business Developments

BEIJING, March 15, 2012 /PRNewswire-Asia/ -- Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced its recent business developments as of March 15, 2012.

OVERSEAS LICENSING AGREEMENT

Licensing "Battle of the Immortals" to Brazil

In February 2012, Perfect World signed an agreement with Mentez LLC ("Mentez") to license "Battle of the Immortals" to Brazil. First launched in Mainland China in April 2009, "Battle of the Immortals" is Perfect World's mysterious adventure 2.5D MMORPG well received by gamers both in China and overseas.

OVERSEAS LAUNCH THROUGH LICENSEE

Launch of "Forsaken World" in Indonesia

In March 2012, Perfect World launched its 3D MMORPG "Forsaken World" in Indonesia through its partner PT. LYTO Datarindo Fortuna ("LYTO"). Set against the backdrop of a fantasy world, "Forsaken World" is a 3D MMORPG catering to the tastes of global game players. The game was first launched in Mainland China in October 2010 and has since been successfully licensed to dozens of countries and regions.

OVERSEAS OPERATION

Launch of "Blacklight Retribution" in North America

In February 2012, Perfect World launched "Blacklight Retribution" in North America through its wholly-owned U.S. subsidiary, Perfect World Entertainment Inc. "Blacklight Retribution" is a free-to-play first-person shooter (FPS) game developed by the leading U.S.-based game developer Zombie Studios, Inc. ("Zombie") and Perfect World possesses the global publishing rights. The exciting gameplay and state-of-the-art graphics of "Blacklight Retribution," powered by Unreal 3, provides shooter fans with a breath-taking gaming experience.

About Mentez LLC (http://www.mentez.com)

Mentez LLC is a leading social game publisher in Latin America and Brazil. Mentez specializes in helping developers to localize, promote and monetize social applications, online games and web games. Mentez publishes four of the most popular games on Orkut, a popular social networking website in Brazil. Mentez reaches millions of users each month and its portfolio includes games from large and small developers from Latin America, North America and Asia.

About PT. LYTO Datarindo Fortuna (http://www.LYTOgame.com)

PT. LYTO Datarindo Fortuna, established in 2003, is the largest online game entertainment publisher and payment gateway in Indonesia. LYTO's mission is to provide the new way of gaming experiences through the introduction of Massive Multiplayer Online Games (MMOGs). Headquartered in Jakarta, LYTO has more than 10 branch offices throughout Indonesia. As of 2010, LYTO has published 14 games, including "Perfect World II," which became one of the most popular games in Indonesia. The genres of LYTO's titles vary from RPG, casual and RTS to webgames. Currently, LYTO has a large number of Internet Cafe players and home players. In the future, LYTO will continue to build relationships with more game developers to bring bigger and better online entertainment to Indonesia.

About Zombie Studios Inc. (http://www.zombie.com/)

Seattle-based Zombie Studios Inc. is a leading independent developer of PC, Xbox360 and PS3 titles across multiple third party engines including Unreal and Unity. Zombie has been an independent game developer for 17 years with development focus on everything from military simulation and serious games, to hand-held and retail quality Xbox360 and PC games. Zombie is also focused on developing properties for use in graphic novels and movies.

About Perfect World Co., Ltd. (http://www.pwrd.com)

Perfect World Co., Ltd. (NASDAQ: PWRD) is a leading online game developer and operator based in China. Perfect World primarily develops online games based on proprietary game engines and game development platforms. Perfect World's strong technology and creative game design capabilities, combined with extensive knowledge and experiences in the online game market, enable it to frequently and promptly introduce popular games designed to cater changing customer preferences and market trends. Perfect World's current portfolio of self-developed online games includes massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," "Chi Bi," "Pocketpet Journey West," "Battle of the Immortals," "Fantasy Zhu Xian," "Forsaken World," "Dragon Excalibur," "Empire of the Immortals" and "Heaven Sword and Dragon Saber;" an online casual game: "Hot Dance Party;" and a number of web games and social networking games. While a substantial portion of the revenues are generated in China, Perfect World operates its games in North America, Europe and Japan through its own subsidiaries. Perfect World's games have also been licensed to leading game operators in a number of countries and regions in Asia, Latin America, Australia, New Zealand, and the Russian Federation and other Russian speaking territories. Perfect World 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," "anticipates," "future," "intends," "plans," "believes," "estimates" 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, Perfect World's limited operating history, its ability to develop and operate new games that are commercially successful, the growth of the online game market and the continuing market acceptance of its games and in-game items in China and elsewhere, its ability to protect intellectual property rights, its ability to respond to competitive pressure, its ability to maintain an effective system of internal control over financial reporting, changes of the regulatory environment in China, and economic slowdown in China and/or elsewhere. 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.