Shanda and Chinese Academy of Sciences' Institute of Automation Announce to Establish a Digital Interactive Entertainment Laboratory

Shanda Interactive
Entertainment Limited (Nasdaq: SNDA) (''Shanda''), a leading interactive
entertainment media company in China, Interjoy Technology Ltd., an
affiliated company of Shanda, and the Chinese Academy of Sciences'
Institute of Automation (''CASIA'') announced today that the three parties
will work closely together to establish a Digital Interactive Entertainment
Laboratory (the ''Lab'').