WEBZEN LISTED ON NASDAQ BEFORE SHANDA NETWORKING

AsiaInfo Services, December, 2003

AsiaInfo Services 12-29-2003 Webzen Listed on Nasdaq Before Shanda Networking SHANGHAI, Dec 29, 2003 (SinoCast via COMTEX) -- Webzen, the second online game vendor, has already been listed on Nasdaq, only four days after Shanda Networking, China's largest online game company, headed for a Nasdaq listing. Webzen has also raised USD 97.2 million.

The listing marks the first "battle" between Chinese network game producers and theirKorean counterparts. The Korean network game vendor has win. Shanda has 150 million registered users for its online games. Shanda Networking applied for a Nasdaq listing on December 12. The company had planed to become the first Asian network game producer listed on Nasdaq. Li Shujun, vice president for Shanda, keeps silent about...

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