[ 21 January 2010, Hong Kong ] NetDragon Websoft Inc. (“NetDragon”, with its subsidiaries collectively the “Group”; Stock Code: 777), a leading online game developer and operator in China, is pleased to announce that the open beta testing for the Traditional Chinese version of its cute-style, turn-based online game Way of the Five launched on Jan. 13, 2010.

Since its mainland China launch in March 2009, Way of the Five has been gaining popularity among players with its unique features, such as its cute cartoon style, comfy and cozy community system, and the variety of ways available to interact with pets. In 2009, it was granted “The Best Cute-style Online Game” of Golden Plum Awards and “Top 10 Emerging Online Games” in the 2009 Online Game Ranking, further demonstrating the game’s competitive edge.

(NetDragon Partners with Lager and Launches Open Beta Testing for Traditional Chinese Version of Way of the Five )

Licensed to Taiwan-based Lager Network Technologies Inc., Way of the Five is NetDragon’s fourth online game to be offered in Traditional Chinese following Conquer Online, Eudemons Online, and Zero Online. Based on the game’s popularity in mainland China, Way of the Five is expected to continue with its success in Taiwan, Hong Kong and Macao.

About NetDragon

NetDragon Websoft Inc. is a leading innovator and creative force in China’s online gaming industry. Established in 1999, NetDragon has been operating and developing a broad range of MMORPGs since launching its first self-made title Monster & Me in 2002. In addition, NetDragon is China’s pioneer in overseas expansion, having directly operated its titles in overseas markets since 2004 in English, Spanish, Arabic and other foreign languages.

The Group’s game portfolio comprises a range of massively multiplayer online games that cater to various types of players and gaming preferences. Current offerings include the games Way of the Five, Eudemons Online, Conquer Online, Zero Online, Heroes of Might & Magic Online, Disney Fantasy Online and Tian Yuan. The Group also has several games currently in development, including CJ7 Online, Dungeon Keeper Online and a new version of Ultima Online.

For further information please contact:

NetDragon Websoft Inc.
Ms. Maggie Zhou (Investor Relations Department)
Tel:   +86 591 87543120
Email:  ir@nd.com.hk
maggie@nd.com.cn
IR website: www.nd.com.cn/ir