HONG KONG, May 26 /PRNewswire/ --

One of the leading online game developers and operators in the PRC,
NetDragon Websoft Inc. ("NetDragon" or the "Company", with its subsidiaries
collectively the "Group"; Stock Code: 8288) has been granted an approval in
principal from the Listing Committee of The Stock Exchange of Hong Kong
Limited ("SEHK") on 23 May 2008 for the listing on the Main Board of the SEHK
by way of introduction.

First Shanghai Capital Limited is the Sponsor in relation to the proposed
listing of the Group on the Main Board.

An extraordinary general meeting ("EGM") will be convened by the Group on
12 June 2008 (Thursday) to seek the approval of the shareholders for the
proposed withdrawal of listing on the Growth Enterprises Market ("GEM") of
the SEHK as well as the proposed listing of the entire issued share capital
of the Group on the Main Board of the SEHK. The proposed listing by way of
introduction will not involve issuance of any new shares of the Group.

The Group was listed on GEM of SEHK in November 2007. It has achieved
significant business growth with impressive financial performance over the
past year. Revenue of the Group soared by more than 4 times from
approximately RMB122,061,000 in 2006 to approximately RMB645,214,000 in 2007.
Profit for the year of the Group also surged by more than 7 times from
approximately RMB42,985,000 in 2006 to approximately RMB374,837,000 in 2007.

Mr. Liu Dejian, Chairman and Executive Director of NetDragon, says,
"Operating in the rapidly developing online game market in the PRC, the Group
is able to capture the rising market opportunities and achieved overwhelming
success. Going forward, listing on the Main Board of the SEHK will enhance
our profile. We intend to attract larger institutional and retail investors
and increase trading liquidity of our shares. We will continue to deliver
rapid growth and strive to maintain our position as the leading online game
developer and operator in the PRC."

The expected timetable for the withdrawal of listing on GEM and listing
on the Main Board of the SEHK:

27 May 2008                       Dispatch of circular and form of proxy
                                      to the shareholders for the EGM           
                                      Dispatch of the listing document to
                                      shareholders                       

    12 June 2008, 10am                EGM                                
                                                                         
    12 June 2008                      Result of the EGM published        
                                                                         
    23 June 2008                      Last day of dealings on GEM        
                                                                         
    24 June 2008                      First day of dealings on Main Board

About NetDragon Websoft Inc.

NetDragon Websoft Inc. is one of the leading online game developers and
operators in the PRC. The Group's game portfolio consists of a range of
MMORPGs (Massively Multiplayer Online Role-Playing Games) that cater to
various types of players and gaming preferences. The Group has successfully
developed and marketed many popular online games in various styles. Its
current offerings include the games Eudemons Online, Conquer Online, Zero
Online, Tou Ming Zhuang Online, Era of Faith, and Monster & Me. Some of the
games are available in foreign languages, including English, French and
Spanish. The Group also has three new games in the pipeline, namely Heroes of
Might and Magic Online, Way of the Five and Tian Yuan, all expected to be
launched in 2008. NetDragon was listed on the GEM board of the Stock Exchange
of Hong Kong on 2 November 2007 (Stock Code: 8288). For more information,
please visit http://www.nd.com.cn .

Issued by Porda International (Finance) PR Group for and on behalf of
NetDragon Websoft Inc.

For further information, please contact:

NetDragon Websoft Inc.
     Ms. Angelina Li (Investor Relations Officer)
     Tel: +852-6303-1722 or +86-1380-9508-688
     Fax: +852-2850-7066
     Email: angelinali@nd.com.hk

Web Site: http://www.nd.com.cn