Shanda Interactive Entertainment Announces Management Changes

SHANGHAI, Jan. 22 /PRNewswire-Asia/ -- Shanda Interactive Entertainment Limited (Nasdaq: SNDA), or the Company, a leading interactive entertainment media company in China, today announced that Mr. Qunzhao Tan has resigned as the president of the Company so that he can spend more time on his roles as chairman and CEO of Shanda Games Limited.

Mr. Tan will remain as a member of the Company's board of directors. Mr. Tianqiao Chen, the chairman of the board and chief executive officer, will assume Mr. Tan's responsibilities as president of the Company.

About Shanda Interactive Entertainment Limited

Shanda Interactive Entertainment Limited (NasdaqGS: SNDA) ("Shanda") is a leading interactive entertainment media company in China, offering a broad array of online entertainment content on an integrated service platform to a large and diverse user base. Shanda offers its high quality entertainment content through its subsidiaries and affiliates, including Shanda Games, Shanda Literature, Hurray!, and various other online community and business units. The broad variety of content ranges from massively multi-player online role-playing games (MMORPGs) and advanced casual games, to chess and board games, esports, literature, film, television, mobile ringtones and music. By providing a centralized platform through which Shanda can deliver its own content as well as third-party content, Shanda allows its users to interact with thousands of other users while enjoying some of the best entertainment content available in China today. Shanda: "Interaction enriches your life". For more information about Shanda, please visit http://www.snda.com.

SOURCE Shanda Interactive Entertainment Limited

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