Document:

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                                                                   EXHIBIT 10.28

                                                                         ANNEX C

               ONLINE GAME DISTRIBUTION AND SERVICE AGREEMENT II

                                    THE AGE

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               ONLINE GAME DISTRIBUTION AND SERVICE AGREEMENT II

                                    THE AGE

                                 JULY 14, 2004

              SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

                      SHANGHAI SHANDA NETWORKING CO., LTD.

                                       2
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THIS ONLINE GAME DISTRIBUTION AND SERVICING AGREEMENT (this "Agreement") is
entered into as of July ___, 2004 ("Effective Date") by and between:

(1)   SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD., a corporation
      organized and existing under the laws of the People's Republic of China
      (the "PRC") and having its registered address at Room 638-7, Building 2,
      351 Guoshoujing Road, Zhangjiang Hi-Tech Park, Shanghai, the PRC
      ("Shengqu"); and

(2)   SHANGHAI SHANDA NETWORKING CO., LTD., a corporation organized and existing
      under the laws of the PRC and having its registered address at Room 402-B,
      727 Zhangjjiang Road, Pudong New Area, Shanghai, the PRC ("Shanda
      Networking").

                                    RECITALS

WHEREAS, Shengqu engages in the business of developing, distributing and selling
computer games, including online games played by multiple users;

WHEREAS, Shanda Networking engages in the business of the operating, publishing
and selling online games;

WHEREAS, Shengqu has been granted by Shanghai Shengpin Network Technology
Development Co., Ltd. (the "Developer") a license to (i) distribute and sell an
online game known as The Age (the "Game", as defined in clause 1.4) in mainland
China and Hong Kong Special Administrative Region (the "Territory"); (ii) manage
and operate servers for the Game, to provide technical support to users of the
Game, to bill users, and to provide marketing services (the "Services"), each in
the Territory and (iii) sublicense to a third party.

WHEREAS, Shengqu desires to grant Shanda Networking (i) a license to distribute
and sell The Game within the Territory and (ii) a right to provide the Services
within the Territory; and

WHEREAS, Shanda Networking desires to distribute and sell the Game and to
provide the Services within the Territory, all in accordance with the terms and
conditions of this Agreement.

NOW, THEREFORE, in consideration of the premises and the mutual consideration
received and to be received pursuant to this Agreement, the parties agree as
follows:

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1. DEFINITIONS.

In this Agreement, unless the context otherwise requires, the following
expressions shall have the meanings set forth below:

1.1   "Business Day" shall mean any day other than a Saturday, a Sunday or a
      legal holiday in the PRC.

1.2   "Client Software" shall mean software sold, provided or distributed to the
      users and therefore, to be loaded onto the user's personal computer.

1.3   "Server Software" shall mean system software and a proprietary database
      (including the content and records located in such database) located on
      servers connected to the Internet.

1.4   "Game" shall mean an online game Shengqu obtained from the Developer known
      as The Age, which can be played by a user with other users by installing
      the Client Software onto a user's computer and then accessing the Server
      Software connected to the Internet.

1.5   "Intellectual Property" shall mean any and all (by whatever name or term
      known or designated) tangible and intangible and now known or hereafter
      existing (a) rights associated with works of authorship throughout the
      universe, including, but not limited to, copyrights (including without
      limitation, the sole and exclusive right to prepare "derivative works of
      the copyrighted work and to copy, manufacture, reproduce, distribute
      copies of, modify, perform and display the copyrighted work and all
      derivative works thereof), moral rights (including without limitation any
      right to identification of authorship and any limitation on subsequent
      modification) and mask-works; (b) rights in and relating to the protection
      of trademarks, service marks, trade names, goodwill, rights of publicity,
      merchandising rights, advertising rights and similar rights; (c) rights in
      and relating to the protection of trade secrets and confidential
      information; (d) patents, designs, algorithms and other industrial
      property rights and rights associated therewith; (e) other intellectual
      and industrial property and proprietary rights (of every kind and nature
      throughout the universe and however designated) relating to intangible
      property that are analogous to any of the foregoing rights (including
      without limitation logos, rental rights and rights to remuneration),
      whether arising by operation of law, contract, license or otherwise; (f)
      registrations, applications, renewals, extensions, continuations,
      divisions or reissues thereof now or hereafter in force throughout the
      universe (including without limitation rights in any of the foregoing);
      and (g) rights in and relating to the sole and exclusive possession,
      ownership and use of any of the foregoing throughout the universe,
      including without limitation, the right to license and sublicense, assign,
      pledge, mortgage, sell, transfer, convey, grant, gift over, divide,
      partition and use (or not use) in any way any of the foregoing now or
      hereafter

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      (including without limitation any claims and causes of action of any kind
      with respect to, and any other rights relating to the enforcement of, any
      of the foregoing).

2.    DISTRIBUTION LICENSE

2.1   Shengqu grants Shanda Networking an exclusive license to distribute and
      sell the Game and its peripheral products in the Territory. In addition,
      Shengqu grants Shanda Networking a license to use any and all trademarks
      of Shengqu and the Developer, whether now possessed by Shengqu and the
      Developer or hereafter acquired, in connection with the distribution and
      sale of the Game and its peripheral products in the Territory.

2.2   Shanda Networking shall, during the term of this Agreement, diligently and
      faithfully provide the Services, distribute and sell the Game and its
      peripheral products in the Territory and shall use its best endeavors to
      maintain the goodwill of Shengqu in the Territory. Shanda Networking shall
      leave in position and not cover or erase any notices or other marks
      (including, without limitation, details of patents or notices that a
      trademark design or copyright relating to the Game is owned by Shengqu or
      a third party) which Shengqu may place or affix to the Game.

2.3   During the term of this Agreement, Shanda Networking shall not sell,
      sublicense, export or assist in or be a party to the export of the Game
      outside the Territory.

3.    INTELLECTUAL PROPERTY RIGHTS

3.1   Shengqu expressly covenants and warrants that it has the right to license
      the Game, Client Software, Server Software to Shanda Networking.

3.2   Shengqu acknowledges that ownership rights in all data and data files
      (including, but not limited to, user data, data recorded and stored in the
      game database, connection log, billing log, chatting log and other related
      data) which are generated by the servers during operation of the Game
      within the Territory, and the contents of related documentation, and
      Intellectual Property Rights therein or associated therewith, will remain
      with Shanda Networking, who will have the exclusive right to protect the
      same.

3.3   Shanda Networking acknowledges that the Game, in its original and/or
      localized form and any part thereof, the game engine, the Client Software,
      the Server Software, and the contents of related documentation are
      proprietary in nature and that Shengqu claims all related Intellectual
      Property Rights granted by or available under law therein. Title and sole
      ownership rights in and to the Game, in its

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      original and/or localized form and any part thereof, the game engine, the
      Client Software, the Server Software, and the contents of related
      documentation, and Intellectual Property Rights therein or associated
      therewith, will remain with Shengqu or the Developer, who will have the
      exclusive right to protect the same.

3.4   Shanda Networking agrees to report to Shengqu any known infringements,
      illegal uses or misuses of the Intellectual Property Rights of Shengqu in
      connection with the Game in its original and/or localized form and any
      part thereof, the game engine, the Client Software, the Server Software,
      and the contents of related documentation in the Territory. Shanda
      Networking agrees to assist Shengqu in enforcing or obtaining protection
      of such items and acknowledges that Shengqu or the Developer shall have
      the sole right to bring a legal action or suit for infringement thereof.
      Such assistance shall be at Shengqu's expense unless the matter to which
      such assistance applies arises out of or from or is related in any way to
      the breach by Shanda Networking of any term or condition of this Agreement
      or by Shanda Networking's willful misconduct, in which case such
      assistance shall be at Shanda Networking's expense.

4.    INITIAL PAYMENT

4.1   Shanda Networking agrees to pay to Shengqu an initial licensing fee of RMB
      5,000,000 for the rights granted under this Agreement (the "Initial
      Payment"). The Initial Payment shall be non-refundable, except in the
      event that Shengqu breaches the Agreement, and shall not be construed as
      an advance payment of any part of the revenue sharing fee set forth in
      Clause 5.

4.2   Shengqu shall provide with Shanda Networking the receipt by the 15th day
      after Shanda Networking makes such payment.

5.    MONTHLY ROYALTY PAYMENTS

      Shanda Networking shall make monthly royalty payments to Shengqu as set
      forth:

5.1   Shanda Networking shall pay to Shengqu 26% of the revenues received in
      connection with operating the Game.

5.2   Shanda Networking shall provide an income statement for each month to
      Shengqu for its review and confirmation by the 10th day of the following
      month.

5.3   Shanda Networking shall pay to Shengqu the monthly royalty payment for
      each month by the 30th day of

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      the month after the month in which Shengqu confirms the income statement
      under Clause 5.2.

5.4   Shengqu shall provide Shanda Networking the receipt for a monthly royalty
      payment by the 15th day after Shanda Networking makes such monthly royalty
      payment.

6.    TERM

The term of this Agreement shall be for a period of twelve (12) months begging
on May 1, 2004.

7.    RIGHTS ON TERMINATION

Upon termination of this Agreement:

7.1   All of Shanda Networking's rights with respect to the Game, in its
      original and/or localized form and any part thereof, the game engine, the
      Client Software, the Server Software, the tools, and the codes will
      automatically and immediately terminate, and Shanda Networking shall
      immediately cease to use the Game in its original and/or localized form
      and any part thereof, the game engine, the Client Software, the Server
      Software, the tools, and the codes, and shall destroy or return (at
      Shengqu's option) any materials representing the same to Shengqu, along
      with a written confirmation of destruction or return, signed by an officer
      of Shanda Networking.

7.2   Any termination of this Agreement shall not affect any rights and
      obligations accrued as of the date of the termination. For the avoidance
      of doubt, any monthly royalty payment accrued prior to the termination
      shall be payable notwithstanding the termination and the payment shall be
      governed to the same extent by the terms of monthly royalty payment under
      this Agreement.

8.    DEFAULT

8.1   For the purposes of this Agreement, a party shall be in default if (i) it
      materially breaches a term of this Agreement causing serious harm to the
      goodwill and advantages of the other party, and such breach continues for
      a period of sixty (60) days after the party committing the breach has been
      notified of the breach, or (ii) it become insolvent.

8.2   Upon occurrence of an event of default as described in the clause 8.1, the
      party not in default may immediately terminate this Agreement by giving
      written notice to the party in default. The rights and remedies provided
      to the parties in this Clause shall not be exclusive and are in addition
      to any other

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      rights and remedies provided by this Agreement or at law or in equity.

9.    INDEMNIFICATION

9.1   Shanda Networking shall indemnify, defend and hold Shengqu and its
      affiliates, directors, officers, employees, shareholders, and agents
      harmless from and against any and all claims, losses, liabilities, costs
      and expenses arising out of any third-party claim relating to:

      9.1.1 Any violation by Shanda Networking of any of the provisions of this
            Agreement; and

      9.1.2 Any gross misconduct or intentional acts or omissions on the part of
            Shanda Networking or its employees or agents.

9.2   Shengqu shall indemnify, defend and hold Shanda Networking and its
      affiliates, directors, officers, employees, shareholders, and agents
      harmless from and against any and all claims, losses, liabilities, costs
      and expenses arising out of any third-party claim relating to:

      9.2.1 Any violation by Shengqu of any of the provisions of this Agreement;
            and

      9.2.2 Any gross misconduct or intentional acts or omissions on the part of
            Shengqu or its employees or agents.

9.3   Indemnification procedure shall be as follows:

      9.3.1 A party seeking indemnification (the "Indemnified Party") will
            promptly notify the other party (the "Indemnifying Party") in
            writing of any claim for indemnification.

      9.3.2 The Indemnifying Party will, if requested by the Indemnifying Party,
            give assistance to the Indemnified Party in defense of any claim.

      9.3.3 The Indemnified Party will have the right to consent to the entry of
            judgment with respect to, or otherwise settle, an indemnified claim
            with the prior written consent of the Indemnifying Party.

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10.   GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of
the PRC.

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<PAGE>

IN WITNESS WHEREOF, Shengqu and Shanda Networking have each caused this
Agreement to be executed and delivered by a duly authorized representative,
officer or agent, effective as of the Effective Date.

SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

By: /s/ Tianqiao Chen
   ___________________________
Name:  Tianqiao Chen
Title: Executive Director

SHANGHAI SHANDA NETWORKING CO., LTD.

By: /s/ Danien Chen
   ___________________________
Name:  Danien Chen
Title: Supervisor

                                       10<PAGE>
                                                                   EXHIBIT 10.29

                                                                         ANNEX D

               ONLINE GAME DISTRIBUTION AND SERVICE AGREEMENT III

                                    THE SIGN

<PAGE>

               ONLINE GAME DISTRIBUTION AND SERVICE AGREEMENT III

                                    THE SIGN

                                  JULY 14, 2004

               SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

                      SHANGHAI SHANDA NETWORKING CO., LTD.

                                       2
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THIS ONLINE GAME DISTRIBUTION AND SERVICING AGREEMENT (this "Agreement") is
entered into as of July _____ , 2004 ("Effective Date") by and between:

(1)   SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD., a corporation
      organized and existing under the laws of the People's Republic of China
      (the "PRC") and having its registered address at Room 638-7, Building 2,
      351 Guoshoujing Road, Zhangjiang Hi-Tech Park, Shanghai, the PRC
      ("Shengqu"); and

(2)   SHANGHAI SHANDA NETWORKING CO., LTD., a corporation organized and existing
      under the laws of the PRC and having its registered address at Room 402-B,
      727 Zhangjjiang Road, Pudong New Area, Shanghai, the PRC ("Shanda
      Networking").

                                    RECITALS

WHEREAS, Shengqu engages in the business of developing, distributing and selling
computer games, including online games played by multiple users;

WHEREAS, Shanda Networking engages in the business of the operating, publishing
and selling online games;

WHEREAS, Shengqu desires to grant Shanda Networking (i) a license to distribute
and sell an online game known as The Sign (the "Game", as defined in clause 1.4)
in mainland China and Hong Kong Special Administrative Region (the "Territory")
and (ii) a right to manage and operate servers for the Game, to provide
technical support to users of the Game, to bill users, and to provide marketing
services, each in the Territory (the "Services"); and

WHEREAS, Shanda Networking desires to distribute and sell the Game and to
provide the Services within the Territory, all in accordance with the terms and
conditions of this Agreement.

NOW, THEREFORE, in consideration of the premises and the mutual consideration
received and to be received pursuant to this Agreement, the parties agree as
follows:

                                       3
<PAGE>

1.    DEFINITIONS.

In this Agreement, unless the context otherwise requires, the following
expressions shall have the meanings set forth below:

1.1   "Business Day" shall mean any day other than a Saturday, a Sunday or a
      legal holiday in the PRC.

1.2   "Client Software" shall mean software sold, provided or distributed to the
      users and therefore, to be loaded onto the user's personal computer.

1.3   "Server Software" shall mean system software and a proprietary database
      (including the content and records located in such database) located on
      servers connected to the Internet.

1.4   "Game" shall mean an online game developed by Shengqu, known as The Sign,
      which can be played by a user with other users by installing the Client
      Software onto a user's computer and then accessing the Server Software
      connected to the Internet.

1.5   "Intellectual Property" shall mean any and all (by whatever name or term
      known or designated) tangible and intangible and now known or hereafter
      existing (a) rights associated with works of authorship throughout the
      universe, including, but not limited to, copyrights (including without
      limitation, the sole and exclusive right to prepare "derivative works of
      the copyrighted work and to copy, manufacture, reproduce, distribute
      copies of, modify, perform and display the copyrighted work and all
      derivative works thereof), moral rights (including without limitation any
      right to identification of authorship and any limitation on subsequent
      modification) and mask-works; (b) rights in and relating to the protection
      of trademarks, service marks, trade names, goodwill, rights of publicity,
      merchandising rights, advertising rights and similar rights; (c) rights in
      and relating to the protection of trade secrets and confidential
      information; (d) patents, designs, algorithms and other industrial
      property rights and rights associated therewith; (e) other intellectual
      and industrial property and proprietary rights (of every kind and nature
      throughout the universe and however designated) relating to intangible
      property that are analogous to any of the foregoing rights (including
      without limitation logos, rental rights and rights to remuneration),
      whether arising by operation of law, contract, license or otherwise; (f)
      registrations, applications, renewals, extensions, continuations,
      divisions or reissues thereof now or hereafter in force throughout the
      universe (including without limitation rights in any of the foregoing);
      and (g) rights in and relating to the sole and exclusive possession,
      ownership and use of any of the foregoing throughout the universe,
      including without limitation, the right to license and sublicense, assign,
      pledge, mortgage, sell, transfer, convey, grant, gift over, divide,
      partition and use (or not use) in any way any of the foregoing now or
      hereafter

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      (including without limitation any claims and causes of action of any kind
      with respect to, and any other rights relating to the enforcement of, any
      of the foregoing).

2.    DISTRIBUTION LICENSE

2.1   Shengqu grants Shanda Networking an exclusive license to distribute and
      sell the Game and its peripheral products in the Territory. In addition,
      Shengqu grants Shanda Networking a license to use any and all of Shengqu's
      trademarks, whether now possessed by Shengqu or hereafter acquired, in
      connection with the distribution and sale of the Game and its peripheral
      products in the Territory.

2.2   Shanda Networking shall, during the term of this Agreement, diligently and
      faithfully provide the Services, distribute and sell the Game and its
      peripheral products in the Territory and shall use its best endeavors to
      maintain the goodwill of Shengqu in the Territory. Shanda Networking shall
      leave in position and not cover or erase any notices or other marks
      (including, without limitation, details of patents or notices that a
      trademark design or copyright relating to the Game is owned by Shengqu or
      a third party) which Shengqu may place or affix to the Game.

2.3   During the term of this Agreement, Shanda Networking shall not sell,
      sublicense, export or assist in or be a party to the export of the Game
      outside the Territory.

3.    INTELLECTUAL PROPERTY RIGHTS

3.1   Shengqu expressly covenants and warrants that it has good title to the
      Game, Client Software, Server Software and the right to license their use
      to Shanda Networking free of any proprietary rights of any other party or
      any other encumbrance whatsoever.

3.2   Shengqu acknowledges that ownership rights in all data and data files
      (including, but not limited to, user data, data recorded and stored in the
      game database, connection log, billing log, chatting log and other related
      data) which are generated by the servers during operation of the Game
      within the Territory, and the contents of related documentation, and
      Intellectual Property Rights therein or associated therewith, will remain
      with Shanda Networking, who will have the exclusive right to protect the
      same.

3.3   Shanda Networking acknowledges that the Game, in its original and/or
      localized form and any part thereof, the game engine, the Client Software,
      the Server Software, and the contents of related documentation are
      proprietary in nature and that Shengqu claims all related Intellectual
      Property Rights granted by or available under law therein. Title and sole
      ownership rights in and to the Game, in its

                                       5
<PAGE>

      original and/or localized form and any part thereof, the game engine, the
      Client Software, the Server Software, and the contents of related
      documentation, and Intellectual Property Rights therein or associated
      therewith, will remain with Shengqu, who will have the exclusive right to
      protect the same.

3.4   Shanda Networking agrees to report to Shengqu any known infringements,
      illegal uses or misuses of the Intellectual Property Rights of Shengqu in
      connection with the Game in its original and/or localized form and any
      part thereof, the game engine, the Client Software, the Server Software,
      and the contents of related documentation in the Territory. Shanda
      Networking agrees to assist Shengqu in enforcing or obtaining protection
      of such items and acknowledges that Shengqu shall have the sole right to
      bring a legal action or suit for infringement thereof. Such assistance
      shall be at Shengqu's expense unless the matter to which such assistance
      applies arises out of or from or is related in any way to the breach by
      Shanda Networking of any term or condition of this Agreement or by Shanda
      Networking's willful misconduct, in which case such assistance shall be at
      Shanda Networking's expense.

4.    INITIAL PAYMENT

4.1   Shanda Networking agrees to pay to Shengqu an initial licensing fee of RMB
      5,000,000 for the rights granted under this Agreement (the "Initial
      Payment"). The Initial Payment shall be non-refundable, except in the
      event that Shengqu breaches the Agreement, and shall not be construed as
      an advance payment of any part of the revenue sharing fee set forth in
      Clause 5.

4.2   Shengqu shall provide with Shanda Networking the receipt by the 15th day
      after Shanda Networking makes such payment.

5.    MONTHLY ROYALTY PAYMENTS

      Shanda Networking shall make monthly royalty payments to Shengqu as set
      forth:

5.1   Shanda Networking shall pay to Shengqu 26% of the revenues received in
      connection with operating the Game.

5.2   Shanda Networking shall provide an income statement for each month to
      Shengqu for its review and confirmation by the 10th day of the following
      month.

5.3   Shanda Networking shall pay to Shengqu the monthly royalty payment for
      each month by the 30th day of the month after the month in which Shengqu
      confirms the income statement under Clause 5.2.

                                       6
<PAGE>

5.4   Shengqu shall provide Shanda Networking the receipt for a monthly royalty
      payment by the 15th day after Shanda Networking makes such monthly royalty
      payment.

6.    TERM

The term of this Agreement shall be for a period of twelve (12) months begging
on June 1, 2004.

7.    RIGHTS ON TERMINATION

Upon termination of this Agreement:

7.1   All of Shanda Networking's rights with respect to the Game, in its
      original and/or localized form and any part thereof, the game engine, the
      Client Software, the Server Software, the tools, and the codes will
      automatically and immediately terminate, and Shanda Networking shall
      immediately cease to use the Game in its original and/or localized form
      and any part thereof, the game engine, the Client Software, the Server
      Software, the tools, and the codes, and shall destroy or return (at
      Shengqu's option) any materials representing the same to Shengqu, along
      with a written confirmation of destruction or return, signed by an officer
      of Shanda Networking.

7.2   Any termination of this Agreement shall not affect any rights and
      obligations accrued as of the date of the termination. For the avoidance
      of doubt, any monthly royalty payment accrued prior to the termination
      shall be payable notwithstanding the termination and the payment shall be
      governed to the same extent by the terms of monthly royalty payment under
      this Agreement.

8.    DEFAULT

8.1   For the purposes of this Agreement, a party shall be in default if (i) it
      materially breaches a term of this Agreement causing serious harm to the
      goodwill and advantages of the other party, and such breach continues for
      a period of sixty (60) days after the party committing the breach has been
      notified of the breach, or (ii) it become insolvent.

8.2   Upon occurrence of an event of default as described in the clause 8.1, the
      party not in default may immediately terminate this Agreement by giving
      written notice to the party in default. The rights and remedies provided
      to the parties in this Clause shall not be exclusive and are in addition
      to any other rights and remedies provided by this Agreement or at law or
      in equity.

                                       7
<PAGE>

9.    INDEMNIFICATION

9.1   Shanda Networking shall indemnify, defend and hold Shengqu and its
      affiliates, directors, officers, employees, shareholders, and agents
      harmless from and against any and all claims, losses, liabilities, costs
      and expenses arising out of any third-party claim relating to:

      9.1.1 Any violation by Shanda Networking of any of the provisions of this
            Agreement; and

      9.1.2 Any gross misconduct or intentional acts or omissions on the part of
            Shanda Networking or its employees or agents.

9.2   Shengqu shall indemnify, defend and hold Shanda Networking and its
      affiliates, directors, officers, employees, shareholders, and agents
      harmless from and against any and all claims, losses, liabilities, costs
      and expenses arising out of any third-party claim relating to:

      9.2.1 Any violation by Shengqu of any of the provisions of this Agreement;
            and

      9.2.2 Any gross misconduct or intentional acts or omissions on the part of
            Shengqu or its employees or agents.

9.3   Indemnification procedure shall be as follows:

      9.3.1 A party seeking indemnification (the "Indemnified Party") will
            promptly notify the other party (the "Indemnifying Party") in
            writing of any claim for indemnification.

      9.3.2 The Indemnifying Party will, if requested by the Indemnifying Party,
            give assistance to the Indemnified Party in defense of any claim.

      9.3.3 The Indemnified Party will have the right to consent to the entry of
            judgment with respect to, or otherwise settle, an indemnified claim
            with the prior written consent of the Indemnifying Party.

10.   GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of
the PRC.

                                       8
<PAGE>

IN WITNESS WHEREOF, Shengqu and Shanda Networking have each caused this
Agreement to be executed and delivered by a duly authorized representative,
officer or agent, effective as of the Effective Date.

SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

By: /s/ Tianqiao Chen
   ___________________________
Name:  Tianqiao Chen
Title: Executive Director

SHANGHAI SHANDA NETWORKING CO., LTD.

By: /s/ Danian Chen
   ___________________________
Name:  Danian Chen
Title: Supervisor

                                       9

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