Perfect World Announces Brand New 2D MMORPG
"Fantasy Zhu Xian"

Beijing China (May 5, 2009) -Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator in China, today announces that it plans to release a brand new 2D turn-based cartoon MMORPG "Fantasy Zhu Xian" in 2009.

"Fantasy Zhu Xian" is Perfect World's first 2D turn-based cartoon MMORPG, which is run on the Company's proprietary EPARCH engine. The game is based on a popular internet fantasy novel "Zhu Xian." Players will be ushered into the unknown world of "Zhu Xian" to unravel a series of mysteries. "Fantasy Zhu Xian" will also feature a number of new characters which will interact with the original characters of "Zhu Xian" to generate new stories.

"Fantasy Zhu Xian" will also be the first online game to adopt Perfect World's proprietary engine EPARCH, which targets the market for 2D online games. This engine will allow the Company to introduce innovative features such as reflections and flying in a 2D game.

Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World, commented, " 'Fantasy Zhu Xian' is an important product developed by Perfect World to target 2D turn-based online game market. It is also an integral part of our product portfolio for 2009. I believe that, as our first 2D turn-based MMORPG, 'Fantasy Zhu Xian' will further diversify our product portfolio and allow players to enjoy a new online gaming experience."

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

Perfect World Co., Ltd. (NASDAQ: PWRD) is a leading online game developer and operator in China. Perfect World primarily develops online games based on proprietary game engines and game development platforms. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games that are designed to cater to changing customer preferences and market trends in China. The Company'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" and "Battle of the Immortals;" and an online casual game: "Hot Dance Party." While a substantial portion of the revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company also generates revenues from game operation in North America. The Company 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," "future," "plans," "believes" 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, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, 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.

For further information, please contact

Perfect World Co., Ltd.
Vivien Wang
Investor Relations Officer
Tel: +86-10-5885-1813 
Fax: +86-10-5885-6899
Email: ir@pwrd.com
http://www.pwrd.com

Christensen Investor Relations
Kathy Li
Tel: +1-480-614-3036
Fax: +1-480-614-3033
Email: kli@christensenir.com

Roger Hu
Tel: +852-2117-0861
Fax: +852-2117-0869
Email: rhu@christensenir.com