Perfect World Announces the Introduction of New 3D Fantasy MMORPG "Forsaken World"

Beijing China (December 17, 2009) - Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announces the introduction of a new 3D fantasy MMORPG, "Forsaken World," which was developed under "Project EM" ("PEM").

Developed by Perfect World, "Forsaken World" breaks new ground in terms of overall planning, programming and graphical designs. The game has blended the best of the western and eastern cultures with an aim to bring an entirely new interactive entertainment experience to players. Since April 2009, the Company's new product developed under PEM has aroused the interest in the online game industry.

In "Forsaken World," a fantasy world called "Grand Mundo" is created. The game features exciting elements such as "Rule of Time," "Rule of Space," "Magic" and "Divinity." The players can try to alter the fate of "Grand Mundo" with their respective actions in the game. "Forsaken World" adopts a system of annalistic history, and allows players to change core contents such as the Epoch, the orbiting of constellations and the birth of deities. The game is expected to be launched in 2010.

Mr. Michael Chi, Chairman and CEO of Perfect World, commented, " 'Forsaken World' will be one of the major titles by Perfect World for 2010. It contains many new designs, and uniquely blends the cultures of different regions in the game. We integrate many western features in the game play in order to make it more appealing to international players. We believe 'Forsaken World' will bring a new and exciting gaming experience to players around the world."

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. The Company's strong technology and creative game design capabilities, combined with extensive knowledge and experiences in the online game market, enable it to frequently introduce popular games that are designed to cater to changing customer preferences and market trends promptly. 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," "Battle of the Immortals" and "Fantasy Zhu Xian;" 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