**Date: July 13, 2007**Lessor:Beijing Zhongwu Ideal Real Estate Development Co., Ltd (hereinafterreferred to as “Party A”)Registered Address: North Court, No. 106, Zhichun Road, Haidian District, and BeijingLegal Representative: Wang LixinNo. of Business License: 1101081510224Lessee: Company AA   (Hereinafter referred to as “Party B”)Legal Representative: XXThis lease agreement (hereinafter referred to as “the agreement”) is signed by and between bothparties via amiable negotiation on July 13, 2007.**1** **Lessee**   Party A agrees to let, according to the rules of this contract, the suites on thebusiness floors (hereinafter referred to as leasehold) of Idea International Plazasaid in this contract (hereinafter referred to as The Plaza), and Party B agrees toaccept the lease.    The leasehold which Party A leases and Party B accepts includes Suite XXXX, IdeaInternational Plaza, 58 North 4th Ring Road West, Haidian, Beijing, China, with atotal the Building area of XX sq.m,
 

 
   (detailed in the ichnography, Appendix 2 ofthis contract, which is for defining the location and area of the leasehold only).    Party B shall pay rent for the leasehold to Party A according to the on-the-spotmeasured area conducted by the house administration of Beijing or other agenciesauthorized by the government. If the figure measured out by Beijing houseadministration or other state approved agencies differs with that stated in thiscontract, the rent shall be re-calculated according to the actual measured area andthen the specified amount of it shall be modified.**2** **Use of the Leasehold**   The leasehold shall be used as offices only.**3** **Term of Lease** 3.1 The lease term of the said leasehold in this contract shall be 5 years,including 24 months of fixed lease commencing from September 1, 2007 and ending onAugust 31, 2009 and 36 months of unfixed lease from September 1, 2009 to August 31,2012. For the unfixed lease period, Party B has the right to decide whether to extendthe lease or not. If Party B decides to extend the lease, according to the actualmarket condition, the rent shall be re-calculated and rise no more than 5% based onthe current lease agreement.  3.2 The free rent period is two months, including:  In the first year, from August 1 to August 31, 2008;   In the second year, from August 1, to August 31,2009.During the free rent period, although exempted from rent of the leasehold to Party A, Party Bshall strictly obey each article and clause of this contract, and pay property managementfees and other fees related to Party B,
 

 
 including but not limited to, electricity charges,phone charges and fees for extra use of air conditioners.**4** **Rent, Deposit & Other Charges and Their Payment** 4.1 Rent 4.1.1 The daily rent of the leasehold shall be RMB 4.14 Yuan per sq.m per day(building area) and the monthly rent totals RMB XX Yuan.  4.1.2 Party B shall pay, within the first 7 days of each odd month (exceptmonths of rent exemption), RMB XX Yuan as two months’ rent for the odd month and thenext. Party B shall not deduct or offset the rent without any justification. 4.2 Down Payment of Rent   Party B shall, within 7 days upon the conclusion of this contract, pay a downpayment of two months’ rent, RMB XX Yuan for the period from September 1 to October31, 2007. 4.3 Adjustment of Rent   If Party B decides to relet the said leasehold after expiration of this contract,the rent charges shall be determined via negotiation by both parties referring tothe market price of the time. 4.4 Deposit 4.4.1 Party B shall pay a deposit of RMB XX Yuan, equal to two months’ rent,within 7 days upon the conclusion of this contract as the caution money for itsperformance of this contract.  4.4.2 If Party B breaches any clause of this contract, Party A may use or holdback all or part of the deposit to offset the loss on Party A caused by Party B’sbreach of the contract based on provision of a payment voucher and loss evidence.When the deposit cannot compensate for Party A’s losses, Party B shall cover anybalance. After Party A makes
 

 
   any deduction from the deposit, Party B shall restorethe deposit to the amount specified in Clause 4.1 within 7 days upon notice.  4.4.3 Upon expiration of the contract or its termination via negotiation by andbetween both parties, if party B has carried out all its duties as stipulated by thiscontract, Party A shall return the capital of the deposit (excluding the interest) toParty B within 7 days of retrocession of the leasehold to Party A by Party B. 4.5 Interest on Deferred Payment   If Party B defers any payment that should be paid to Party A as stipulated by thiscontract, Party A shall have the right to collect an interest of 0.24% of thedeferred payment for the period since the due date of such deferred payment tillthe day when Party B pays off the capital and interest of the deferred payment andother relevant fees. The said interest shall not affect any other right of Party Aor its remedial measures under this contract. If Party B fails to pay rent on timedue to Party A’s failure to produce invoices in time or any other reason caused byParty A, Party B need not pay any interest or other relevant fees. 4.6 Taxes and Fees   Party A shall pay all taxes and fees, including but not limited to, those onhousing property, land use in cities and towns, sales, maintenance and constructionof cities and additional tax on education, and provide, upon reasonablerequirements by Party B, certificate of tax payment for housing property and landuse in cities and towns. 4.7 Type of Payment   Party B shall pay in time the rent and other payment to Party A in check. Party Ashall produce legitimate invoices to Party B before receiving the check, and Party B shall pay on sight of invoices. 4.8 Management of the Plaza and the Relevant Fees
 

 
 4.8.1 The management of the Plaza shall be conducted by the property managementcompany (hereinafter referred to as the manager) entrusted by Party A or by Party Aitself. Party A shall guarantee implementation of duties by the manager according tothe contract concluded between the two, handle the relationship between the managerand itself properly and make sure that Party B shall not be obstructed from using theleasehold properly during the lease term for any reason.  4.8.2 Party A warrants that the manager of the Plaza shall be CB Richard Ellisor other property management companies of the same service level. Otherwise Party Bshall have the right to reduce property management fees according to the actualsituation.  4.8.3 The monthly charges on property management shall be RMB XX Yuan per sq.m(building area) and the monthly total amount shall be RMB XX Yuan. Party B shall payRMB XX Yuan no later than the 7th day every odd month as two months’ (theodd month’s and that of the next month) management fees. Party B shall not deduct oroffset management fees without any justification. The down payment period is fromSeptember 1, 2007 to October 31, 2007.  4.8.4 Party B agrees to follow all regulations of the property management(lessee manual) (see appendix 8), and pay RMB XX Yuan as deposit and another RMB XXYuan as the management fees for the first two months to the manager within 7 daysupon conclusion of this contract. Party A shall produce legitimate invoice for suchpayment in advance.  4.8.5 Within the lease term, Party B shall pay all charges on electricity, waterand other relevant fees concerning the leasehold according to the public utilityaccount produced by Party A or the manager.  4.8.6 Within the lease term, Party B shall pay monthly management fees andpublic utility fees to the manager within 7 days upon the manager’s notice ofpayment.
 

 
 4.8.7 When this contract expires and Party B decides not to relet the leasehold,if Party B has carried out all duties as stipulated by this contract, Party A shallreturn the deposit of management fees (excluding interest) to Party B within 7 working days uponretrocession of the leasehold by Party B.**5** **Commitments & Rights** 5.1 Commitments & Rights of Party A 5.1.1 Commitments 5.1.1.1 Party A pledges to acquire legally the Title Deed of Idea International Plazawithin a reasonable time and shall have the right to let the leasehold, and ifany damage occurs to Party B because Party A delays acquirement of the TitleDeed, Party A shall make full indemnity.  5.1.1.2 Party A is legally incorporated and engaged in rental services concerningforeign nationals as stated in its registered scope of businesses.  5.1.1.3 Party A enjoys legal proprietorship of the leasehold leased by Party B. Ifany damage occurs to Party B because of incompleteness of relevant proprietarydocument of Party A, Party A promises to make full compensation to Party B.  5.1.1.4 Party A guarantees that the leasehold complies with national laws,regulations and relevant designing standard of the trade, and meet therequirements of office use as well as normal business operations of Party B  5.1.1.5 Party A shall transfer the leasehold to Party B for use as stipulated by thiscontract within 5 working days upon execution of this contract.  5.1.1.6 Party A shall provide all necessary documents (including but not limited toits ID certificate, Title Deed, Certificate of Right to Use State-Owned Land,certificate of payment, certificate of tax
 

 
   payment, etc.) for the newlyestablished company or institution of Party B, or any company or institutionthat relet the leasehold from Party B for the convenience of registration andannual review.  5.1.1.7 Party A shall ensure that the manager keeps all public equipment and systemsin good condition and working order, the public area clean and tidy, so as toprovide Party B with good environment for business and protect it from anydisturbance.  5.1.1.8 Party A shall ensure that the manager undertakes the greening of the publicarea of the Plaza, joint defense of public security and its costs.  5.1.1.9 Within the lease term, Party A shall be responsible, as stipulated by thestate regulations on house management, for the maintenance and repair of themain structure, walls, drainage, pipelines and cables of the Plaza, andundertake these costs.  5.1.1.10 Except for Force majeure or consequences resulting from governmentdepartments, Party A guarantees to keep the electricity, air-conditioning andtelecommunication in good condition and able for normal use upon execution ofthis contract.  5.1.1.11 Party A shall not set up any facilities that may influence the day lightingor scope of vision of the leasehold, including but not limited to any scrolls,neon lamps, billboards, light boxes, lighting devices, accompaniments and etc.Should Party A, the property management company or any other third partiesconduct the aforesaid actions, the lessor shall assist the lessee to solve therelevant disputes arising therefrom.  5.1.1.12 Party A shall provide Party B with XX unfixed underground parking lots atthe cost of RMB XX Yuan per month for each.  5.1.1.13 Party B shall pay the fees for extra use of air conditioners to Party A atthe cost of RMB XX per sq. m. per hour.
 

 
 5.1.1.14 Party A shall provide Party B with air conditioning for the whole officearea for the period of Monday to Friday from 8:00 to 18:00, and 8: 00 to 14:00for Saturday. Party B shall give Party A or the property management companyentrusted by party A a notice about the extra use of air conditioners 4 hour inadvance.  5.1.1.15 Party A or the property management company entrusted by party A shall set upuniform corporation signboards for Party B in the place designated by Party A orits entrusted property management company in the elevator hall on Party B’sfloor and in the entrance hall of the Plaza, and Party B shall afford thereasonable cost of it.  5.1.1.16 Party A agrees to keep secrete the abovementioned articles, and not toreveal them to any third party but Party A and Party B as well as Party A’slawyer and/or consultant unless it is required by law, verdict of court,executive order or permitted by Party B. 5.1.2 Rights 5.1.2.1 Party A shall enjoy the access to all passages and public areas of the Plaza.  5.1.2.2 Party A shall enjoy the right to fixing, examining and maintaining alldevices, systems and piping of the Plaza.  5.1.2.3 Party A or its entrusted person, including the property management company ofthe Plaza, shall have the right to send persons into the leasehold for purposesof security, patrol, repair or maintenance of the leasehold or the Plaza, with awritten notice given to Party B one day in advance. However, Party A or itsentrusted person, including the property management company of the Plaza, mayenter the leasehold without Party B’s permission immediately in case of anyemergency or danger. In any case,
 

 
   Party A shall try its best not to obstructParty B in using the leasehold for business purpose.  5.1.2.4 Party A shall have the right to transfer, within the valid period of thiscontract, the Plaza or part of the Plaza, including the leasehold, to a thirdparty, and Party A shall guarantee that the transferee shall undertake thecommitment and enjoy the rights of Party A designated by this contract.  5.1.2.5 Party A shall enjoy exclusively the right to decorate, arrange, maintain,remove and change the signboards, placards, posters and advertisements in anypublic area of the Plaza; Party B shall be mandated by Party A to enjoyexclusively the right to decorate, arrange, maintain, remove and change thesignboards, placards, posters and advertisements within the leasehold.  5.1.2.6 Party A shall have the right to change the name of the Plaza withoutconsulting Party B or compensating Party B for its relevant losses; however,Party A shall give Party B a written notice about the details of change one month in advance.  5.1.2.7 Within the six months before the expiration of this contract, Party A or itsentrusted persons may enter the leasehold anytime to inspect it provided thatParty A or its entrusted persons has/have noticed Party and is /are permitted byParty B.  5.1.2.8 Party A shall have the right to set up any mortgage or any other securityright on the Plaza, including the leasehold and any part of its equipment,within the valid period of this contract without Party B’s permission. If themortgage leads to any transfer of property rights, Party A shall guarantee thatthe transferee should undertake the commitments and enjoy the rights of Party Adesignated by this contract.
 

 
 5.1.2.9 Party A or its entrusted person, including the property management company ofthe Plaza, may enter the leasehold without Party B’s permission immediately incase of emergency or danger. However, Party A shall try its best not to bringlosses to Party B.  5.1.2.10 Party A shall compensate Party B, other owners, users or third parties forthe losses resulting from Party A’s fault.  5.1.2.11 Party A’s not exercising or delaying exercising the rights or remedies thatit enjoys under this contract shall not make renunciation; Party A’s exercisingany individual right or part of the rights shall not hamper it in furtherexercising (other) rights or remedies. **5.2** **Commitments & Rights of Party B** 5.2.1 Commitments 5.2.1.1 Pay the rent, management fees & fees related to Party B to Party A as statedduring the period of validity of this contract.  5.2.1.2 Be liable for its electricity fee, water fee, communication fee, phone fee &other utility fees related to Party B within the leasehold.  5.2.1.3 The fitment team employed by Party B shall be qualified with constructioncertificate or related business operation certificate & grade certificateapproved by Administrative department to carry on the interior fitment of theleasehold in the Plaza.  5.2.1.4 Within the period of validity of this contract, Party B shall inform Party Aand its authorized person, including the property management company, of thefitment work in written form before fitment, which shall not be rejected byParty A and its authorized person without any reason.
 

 
 5.2.1.5 Be liable for compensating Party A, any other owner, user or third party forthe total losses due to Party B‘s fault.  5.2.1.6 Use facilities provided by Party A in the leasehold & utilityfacilities/system/equipment of the Plaza, including but not limited to, airconditioner/heating equipment, fire fighting/alarming device, lightingequipment, cable, wire, cabling lines) in a reasonable manner and protect themfrom manmade damage.  5.2.1.7 Any damage resulted due to Party B’s mistakes in the leasehold shall beinformed timely by Party B to Party A or the property management company. IfParty B fails to repair or repair completely the aforesaid damages within onemonth since the date when receiving written notice from Party A, Party A shallhave the right to arrange repair itself with the cost incurred payable by PartyB and provide Party B with the relevant payment invoice.  5.2.1.8 Party B shall adopt reasonable measures to prevent the leasehold from beingdamaged by natural disaster, such as rainstorm and sand-blown wind. Should theleasehold suffer such damages, Party B shall timely inform Party A or themanager.  5.2.1.9 Should the leasehold suffer any structural damage due to negligence ormistakes by Party B, Party B shall restore it to the state before the damagewithin one month since the date when receiving written notice from Party A orthe property management company.  5.2.1.10 Agree that Party A or the manager commissioned by Party A shall have theright to enter and carry out routine maintenance or emergency repair in theleasehold, and inform Party B of the routine maintenance in advance only.  5.2.1.11 Timely inform Party A or the manager commissioned by Party A of the propertydamage & staff injury in the leasehold.
 

 
 5.2.1.12 Without written approval of the Party A or the property management companycommissioned by Party A, Party B shall not install or change the equipment,partition and exceed the load-bearing standard of the floor of the leasehold.  5.2.1.13 Party B shall not make any noise or conduct any action or affair in theleasehold that may bother other people in or out of the Plaza.  5.2.1.14 Party B shall not carry on any activities that do harm to Party A or otherlessees in the Plaza, or deal with any business/conduct that may damage theimage of the Plaza as an office mansion. Party B shall not carry on illegaloperations in the leasehold.  5.2.1.15 Party B shall not store in the leasehold any dangerous goods that endangerthe plaza or any other people, including but not limited to, weapon, cartridge,saltpeter, gunpowder, kerosene or any other inflammable, explosive, dangerousgoods or that are against the law.  5.2.1.16 Party B shall not manufacture or store goods/commodities in the leaseholdexcept for a small amount of goods/commodities used as sample or displayingarticles related to Party B’s business or activities with written approvalobtained from Party A or the manager commissioned by Party A in advance.  5.2.1.17 Party B shall not raise any poultry or pet in the leasehold.  5.2.1.18 Party B shall not itself, or allows others to carry out any activitiesmaking the insurance of the Plaza completely or partly ineffective or causingthe rise of the insurance fees. Should Party B breach this sub-clause and makeParty A have to insure again or suffer rise of insurance, Party B shall refundParty A the extra insurance fees and any other related expenses induced at once.  5.2.1.19 Party B shall not use public areas such as the Plaza lobby, elevator,stairway, passage, great hall, stairway platform, display
 

 
   window etc. to pile, discard or leave chests,furniture, garbage and any other staff, causing inconvenience or obstruct toother lessees or users of the Plaza.  5.2.1.20 Party B shall not set up, display or exhibit any advertisement, signboardsettings in the Plaza out of the leasehold, except that the locations areapproved by Party A and the Plaza manager in written form in advance.  5.2.1.21 Party B shall comply with the related regulations of Lessee Manual preparedby Party A at the same time after signing this contract.  5.2.1.22 Guarantee that effective commercial license plate, operation license,authorization or permit issued by relevant government department or bureau areon hand before commencing its business operation inside the leasehold.  5.2.1.23 Upon expiration of the contract, Party B shall keep the office area inapplicable state and retrocede it to Party A. Whether the public area is torestore to its original condition or not shall be determined via negotiation byboth parties.  5.2.1.24 If Party B decides to extend the lease after expiry of this contract, itshall inform Party A with written notice 6 months before the expiry date of thiscontract. Party B has the priority to re-let the leasehold under equal pricecondition.  5.2.1.25 Party B shall empty out and move away from the leasehold within 14 daysafter expiry date of this contract and return all keys of the leasehold uponexpiration or early termination of this contract.  5.2.1.26 Perform other obligations on lessee regulated by the national laws.  5.2.1.27 Except for written approval of Party A, such not be laid aside without anyrighteous reason, Party B shall not share all or partial
 

 
of the leasehold with any third parties via transfer of the contract orsublease or any other means. 5.2.1.28 During the lease period under this contract, if Party B normally usesleasehold and enjoys property management service as stated in the contract, itshall not ask for deduction to any of the fees as stipulated in the contractfrom Party A or the property management company.  5.2.1.29 If Party B intends to install any air conditioning equipment in theleasehold for its own use, an approval must be obtained from Party A and theproperty management company in written form. Party A shall not reject suchintention without any reason and Party B shall be liable for any expensesarising there from.  5.2.1.30 Party B agrees to keep secrete the abovementioned articles, and not toreveal them to any third party but Party A and Party B as well as Party B’slawyer and/or consultant unless it is required by law, verdict of court,executive order or permitted by Party B. 5.2.2 Rights: 5.2.2.1 Party A agrees that Party B may share all or partial of the leasehold withits affiliated institutions with the subject of the lease remaining unchanged,which shall enjoy the equal rights of a lessee as Party B, including BeijingSina Internet Information Service Co., Ltd, Beijing Sina Internet TechnologyService Co., Ltd., Beijing Sina Infinity Advertising Co., Ltd., BeijingDavidhill Internet Technology Service Co., Ltd., Sina.Com Technology (China) Co.Ltd., Star-Village Internet Technology (Beijing) Co. Ltd., Beijing Star-VillageOnline Cultural Development Co. Ltd. and any other institution that Party B hasinformed the Party A in the written form in advance.
 

 
 5.2.2.2 Party B shall have the right to use the leasehold at will according toaforesaid articles set forth by this contract within its validity period freefrom any illegal interference from Party A.  5.2.2.3 Should Party B is unsatisfied with the service of the manager, it may make acomplaint to Party A under reasonable condition, and Party A shall urge themanager to improve as soon as possible. If there is no improvement by Party Aand is unable to agree on the request of Party B via negotiation, Party B hasthe right to deduct the management fee of that month in accordance of theservice standards established by the manager.  5.2.2.4 Party B shall have the rights to use any public facilities within the Plaza.  5.2.2.5 Party B shall have the priority to re-let the leasehold. The extending areaand rental cost conditions shall be under the equal conditions with 2 + 3 maincontract. If any lessees may provide rent 15% higher than SINA, Party A andParty B shall have a further negotiation. Party A shall give notice to Party B 7days in advance of leasing the aforesaid leasehold to any third party, and PartyB shall give an explicit response for its intention to re-let the aforesaidleasehold from Party A within 7 days.**6** **Modification & Termination of the Contract** 6.1 Party A and Party B may revise, modify or terminate the contract in advance byunanimous agreement in written form via negotiation.  6.2 Should any force majeure stated in the Article 9 of this contract occur that makesthe performance of this contract impossible, both Parties may terminate the contract inadvance via negotiations.
 

 
 6.3 Party A shall have the right to terminate or rescind this contract unilaterallywithout rendering any indemnification to Party B if any of the following situations occursto Party B. The written notice of termination from Party A shall become effective after 30days since its delivery date by Party A: 6.3.1 Conduct business operations against the laws or regulations of PRC.  6.3.2 Apply the leasehold for other purposes without authorization of Party A.  6.3.3 Relet all or partial of the leasehold to any third party or transfer orshare the leasehold to/with any third party without written approval of Party A.  6.3.4 Fail to pay the rent as stipulated in the Article 4 and to make suchpayment after 14 days since the date when receiving written notice from Party A.  6.3.5 Breach its obligations specified in Clause 2, Article 6 of this contractor any other obligation stated in the contract and fail to make any corrections toits breaching in 14 days since the date when receiving written notice from Party A 6.4 Party B may terminate or rescind this contract unilaterally by informing Party A inwritten form 30 days in advance without rendering any indemnification to Party A if any ofthe following situations occurs, in which case, Party A shall refund the paid rent, rentdeposit, property management fees, property management deposit and any other refundablefee to Party B: 6.4.1 Party A makes severe mistakes or takes liabilities for mistakes in itsmanagement so that Party B cannot carry out business operations.  6.4.2 Party A breaches its obligations regulated in Clause 1, Article 6 of thiscontract or any other obligation stated in the contract and fails to make
 

 
   any corrections to its breaching in 14 days since the date when receiving writtennotice from Party B.  6.4.3 The leasehold cannot be normally used for 14 days due to other reasons notcaused by Party B.**7** **Breaching & Indemnification Liabilities** 7.1 If Party B fails to pay the rent, management fees or any other fees in time asstipulated in the contract, Party A may send a written notice asking Party B to pay backwithin 14 days. If Party B fails to pay back those payments within 14 days since the datewhen receiving the written notice from Party A, Party A shall have the right to rescindthe contract and ask Party B to compensate for the losses and relevant interests arisingtherefrom.  7.2 Should Party B apply the leasehold for other purposes without any authorization fromParty A, Party A shall have the right to ask Party B to make corrections within areasonable term appointed. If Party B fails to make corrections complying with thecontract, Party A shall have the right to rescind the contract and held Party Bresponsible for the indemnification according to this Clause.  7.3 Within the lease term of this contract, if Party B leases or sub-leases the leaseholdwithout written authorization from Party A in advance, Party A shall have the right torescind this contract and Party B shall eliminate the influence caused by the third partyto Party A within an appointed term.  7.4 If Party B is subject to bankrupt or liquidation, Party A may rescind the contract.Under such circumstances, Party A shall not ask Party B for other expenses according toClause 9, Article 7 of this contract after deducting the deposit & property managementdeposit of Party B.  7.5 Any party who breaches the contract fails to make corrections to its breaching within14 days since the date when receiving the written notice
 

 
   from the other party, the non-breaching party shall ask it for the indemnification andrescind the contract. 7.6 Party B shall empty out and move away from the leasehold at the expiry date or within14 days after termination date of this contract and keep the office area in applicablestate after inspection and confirmation by Party A and retrocede it at the time returningevery key of the leasehold to Party A.  7.7 In case that Party B doesn’t retrocede the leasehold in accordance with the aforesaidclause, Party A shall have the right to empty out the leasehold and restore it to itsoriginal condition. The reasonable expenses occurred to Party A due to the aforesaidreason, including but not limited to the expenses induced from emptying out the leasehold,restoring to its original condition & keeping the stuff left in the leasehold by Party Bin other places shall be payable by Party B, and Party A shall provide Party B withrelevant invoices for the actual expenses. The Party A shall have the right to deduct theaforesaid expenses from Party B’s deposit, and Party B shall make up for the balance atonce when receiving the notice from Party A if the deposit is insufficient. If Party Bcontinues to use the leasehold before Party A exerts the aforesaid right, Party B shallpay the rent for the occupied period to Party A on the basis of the rent stipulated inthis contract.  7.8 After moving out of the leasehold and restoring it to its original conditions, PartyB shall inform Party A to proceed the inspection and both parties sign a *Transfer Sheet*onthe basis of inspection condition of the leasehold. Unless Party A stipulates in the sheetthat it agrees to accept the leasehold, the sheet shall only act as an account of thestatus of the leasehold but not be considered as that Party A has accepted Party B’sretrocession and the leasehold. In the period when Party B handles the existing problemslisted in *Transfer Sheet*, it shall be considered as that Party B doesn’t retrocede theleasehold as stipulated in the contract and Party A enjoys the right stated in Clause 7,Article 7 of this contract.
 

 
 7.9 Except those reasons for early termination stipulated by this contract, Party A shallnot refund the paid deposit to Party B if the early termination occurs due to the reasonscaused unilaterally by Party B without written approval of Party A in advance. If suchcircumstance occurs within 2 years of the lease term, Party B shall make up for the freerent it has enjoyed. Party A shall have the right to make other lease contract for thesaid leasehold in order to lessen the losses caused by the violation of Party B.**8** **Force Majeure** 8.1 Force Majeure refers to those severe natural disasters and those that both parties ofthis contract cannot foresee, or control or avoid its process or results. The affectedparty shall bear no responsibilities for not undertaking its obligations of this contractdue to any force majeure.  8.2 The party that can not undertake all or partial of its obligations or cannotundertake them in time due to any force majeure shall give notice of the circumstances tothe other party timely and shall provide legal certifications that are issued by therelevant institutions for the force majeure within a reasonable time.  8.3 In case that any force majeure occurs in the leasehold so as to make it out of use orbecome a leasehold shut down by the property management office, or the leasehold declaredas dangerous structure by the government is not due to the reason that Party A shallcontrol and is not the result that Party B fails to perform its obligations stated in thecontract, the rent shall be deducted in proportion to the extent of the useless and freefrom payment until the leasehold can be used again, but Party A shall neither haveresponsibilities to restore the leasehold to its original conditions, nor haveresponsibilities to render indemnification to Party B during the useless period of thesaid leasehold. If the leasehold remains to be useless for a consecutive period of 30 daysor an accumulative period of 30 days, any party shall rescind the contract with writtennotice to the other party, which
 

 
   shall not affect the rights & responsibilities that bound to both parties before therescission.**9** **Settlement Of Dispute & Governing Law** 9.1 Laws and regulations of PRC shall be applied for the conclusion, effectiveness,performances, explanations and settlement of disputes concerning this contract.  9.2 Both parties shall seek settlement for any disputes over the contract vianegotiation, which if fails, any party shall submit the disputes to the Beijing ArbitraryCommission for settlement that will carry out arbitration pursuant to the presentarbitrary rules in Beijing. The arbitrament is final with the same binding force to bothparties.  9.3 During the arbitration of the contract, the contract shall continue to be effectivewith the rest articles and clauses except for the disputed articles.  9.4 The contract is made in Chinese and the Chinese version shall be the original.**10** **Miscellaneous** 10.1 Contract registration 10.1.1 This contract shall be registered to Beijing Real Estate Administration after beingsigned by both parties.  10.1.2 Party B shall assist Party A in the registration of the contract to the relevantgovernment department after signing the contract pursuant to the relevant laws andregulations of Beijing with all the relevant charges payable by Party A. Should PartyA fail to conduct the registration and cause any loss to Party B, Party A shall beheld liable for such losses to Party B.
 

 
 10.2 All appendixes of this contract shall have the same legal binding force as thiscontract.  10.3 This contract shall become effective on the date of being signed and sealed by bothparties.This agreement is signed by and between both parties in Beijing, China on July 13, 2007.Party A: Beijing Zhongwu Ideal Real Estate Development Co., LtdAuthorized Representative:     Signature/Seal      /s/       Party B: Company AAAuthorized Representative:     Signature/Seal           /s/       
 

 
                         SINA Corporation – List of the lease agreements Exhibit 4.9                       Down                  Monthly Payment of              Down Charges on Charges on  Total Building         Payment of Property PropertyCompany (lessee) Area Suite Monthly Rent Rent Management ManagementBeijing SINA Interne  1522   1501/1918/1917/2   189032.4   378064.8   38050   76100 Information Service Co., Ltd.      011/1811/1701/17                        02/1703/1705/170                        7/1709/1710/1714                                          Beijing SINA InfinityAdvertising Co., Ltd.  100   1805/1806   12420   24840   2500   5000                          Star-Village Internet Technology  50   1802/1807   6210   12420   1250   2500 (Beijing) Co. Ltd.                        
 

 
                                               Down                  Monthly Payment of              Down Charges on Charges on  Total Building         Payment of Property PropertyCompany (lessee) Area Suite Monthly Rent Rent Management ManagementBeijing Star-Village Online  200   1507/1814-1816   24840   49680   5000   10000 Cultural Development Co. Ltd.                                                 SINA.com Technology (China)  11360.81   1507/1814-1816/   49842.7   99685.4   10032.75   20065.5 Co., Ltd.      801/802/1504-15                        12/1901-1916                                          SINA Technology (China)  2196   1809\2013-2018   272743.2   545486.4   54900   109800 Limited.                                                                          Beijing SINAAdvertising Co., Ltd.  422   1812-1816   52412.4   104824.8   10550   21100                          Total  15850.81       607500.7   1215001.4   122282.75   244565.5