-Earnings Conference Call to be Held on Monday, December 1, 2008 at 8:00 pm (Eastern Standard Time) / Tuesday, December 2, 2008 at 9:00 am (Beijing/Hong Kong Time)

Shanghai, China - November 17, 2008 - Shanda Interactive Entertainment Limited (Nasdaq: SNDA), or Shanda, a leading interactive entertainment media company in China, will announce its unaudited financial results for the third quarter ended September 30, 2008 on Monday, December 1, 2008 after the close of U.S. market, which is Tuesday, December 2, 2008 Beijing/Hong Kong time.

The earnings release will be available on the Company's corporate website at http://www.snda.com.

Shanda's management team will host a conference call on Monday December 1, 2008 at 8:00 pm (Eastern Standard Time) / Tuesday December 2, 2008 at 9:00 am (Beijing/Hong Kong time) to present an overview of the company's financial performance and business operations.

Dial-In Numbers:
¡¡¡¡U.S.: +1-800-901-5247
¡¡¡¡International: +1-617-786-4501
¡¡¡¡Passcode: 27816267

A Replay will be available from 11:00 pm (Eastern Standard Time) on December 1, 2008 for 7 days.

¡¡¡¡U.S.: +1-888-286-8010
¡¡¡¡International: +1-617-801-6888
¡¡¡¡Passcode: 50710645

A live and archived webcast of the conference call will also be available on Shanda's website at http://www.snda.com.

SNDA is currently in quiet period until its results announcement on December 1, 2008. During the quiet period, SNDA will not be able to comment concerning the industry outlook, the Company's business performance and financial results.

About Shanda Interactive Entertainment Limited

Shanda Interactive Entertainment Limited (Nasdaq: SNDA) is a leading interactive entertainment media company in China. Shanda offers a portfolio of diversified entertainment content including some of the most popular massively multi-player online role-playing games (MMORPGs) and casual online games in China, as well as online chess and board games, network PC games and a variety of cartoons, literature works and music. Shanda's interactive entertainment platform attracts a large and loyal user base. Each user can interact with thousands of other users and enjoy the interactive entertainment content that Shanda provides. Interaction enriches your life. For more information about Shanda, please visit http://www.snda.com.

Contact

Shanda Interactive Entertainment Ltd.
Maggie Yun Zhou, IR Manager
Vivian Chen, IR Manager
Tel: +86-21-5050-4740 (Shanghai)
Email:IR@nullshanda.com.cn