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Giant Interactive Group Inc. Celebrates IPO on NYSE
14th New Listing from Greater China on NYSE in 2007 Year To Date

NEW YORK, Nov. 1, 2007 – Giant Interactive Group Inc., one of China’s leading online game developers and operators in terms of revenues, today opened for trading on the New York Stock Exchange under the ticker symbol “GA” after its successful IPO in which it raised $887 million.

"Giant Interactive Group Inc. is a great addition to our fast-growing family of Chinese listed companies," said NYSE Euronext CEO John A. Thain.  "NYSE Euronext looks forward to providing Giant Interactive Group Inc. and its shareholders with the superior services, market quality and brand visibility provided by listing on NYSE Euronext markets."

Yuzhu Shi, CEO of Giant Interactive Group, said, "Today marks an important milestone for Giant Interactive Group. As one of China 's leading online game developers, our IPO and NYSE listing will allow us to more efficiently access the world's largest capital market and help us realize our growth strategy.  Listing in New York also underscores our commitment to the highest global standards of corporate governance as we aim to build value for our new investors."

To celebrate today’s special occasion, Giant Interactive Group Inc. Chairman & CEO Yuzhu Shi rang today’s opening bell, joined by Giant CFO Eric He, Giant President Wei Liu and NYSE Euronext CEO John A. Thain.

Background on NYSE Euronext-China:

  • Giant is the first Internet/online game company from China to list on the NYSE.
  • Giant is the largest IPO (in terms of proceeds) from a Chinese entrepreneurial company to have gone public in the U.S. this year.
  • The NYSE now has 45 companies listed from the Greater China Region, including 33 from Mainland China , 7 from Hong Kong , and 5 from Taiwan .
  • Year to date, the NYSE listed 14 companies from Greater China. The listing of Giant Interactive Group Inc. represents the 13th NYSE listing from Mainland China in 2007 to date.
  • The total global market capitalization of the 33 NYSE-listed Chinese companies from the mainland is $1.1 Trillion, and for the 45 companies from greater China , $1.6 Trillion.

 

Giant Interactive Group Inc. (NYSE: GA)

Giant Interactive Group Inc. is one of China ’s leading online game developers and operators in terms of revenues, focusing on massively multiplayer online role playing games. Giant's  game, ZT Online, was voted the most popular online game in China in 2006 according the International Data Corporation. Giant has three additional online games that it intends to commercially launch, including ZT Online PTP, Giant Online and King of Kings III. Giant has built a nationwide distribution network to sell the prepaid game cards and game points required to play its games, which as of August 31, 2007 consisted of over 200 distributors, and reached over 116,500 retail outlets, including internet cafes, software stores, supermarkets, bookstores, newspaper stands and convenience stores located throughout China.            

About NYSE Euronext (NYSE: NYX)

NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007 . NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services.   NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data.  Representing a combined $30.3 trillion/€21.3 trillion total market capitalization of listed companies and average daily trading value of approximately $139 billion/€103 billion (as of September 30, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets.

 

 

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.


 

 



Contact: christiaan brakman
Phone: 212-656-2094
Email:  cbrakman@nyse.com