SHANGHAI, China, May 5 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA) ("Giant" or the "Company"), one of China's leading online game developers and operators, announced today that it will release unaudited financial results for the first quarter ended March 31, 2008 after the US market closes on Thursday, May 15, 2008.

The earnings release will be available on Giant's website at http://www.ga-me.com/earningsannouncements.php .

Following release of the earnings announcement, Giant's senior management will host a conference call on Friday, May 16, 2008 at 8:00 am (US Eastern Standard Time) / 5:00 am (US Pacific Standard Time) / 8:00 pm (Beijing Time) to discuss its 2008 first quarter financial results and recent business activity.

The conference call may be accessed by calling +1 (866) 510-0704 (for callers in the US), +86 10 800 130 0399 (for callers in China) or +1 (617) 597-5362 (for callers outside of the US and China) and entering pass code 24395264. Please dial in approximately 10 minutes before the scheduled time of the call.

A recording of the conference call will be available through 10:00 am (US Eastern Standard Time) on May 30, 2008, by calling +1 (888) 286-8010 (for callers in the US) or +1 (617) 801-6888 (for callers outside the US) and entering pass code 63018617.

A live webcast of the conference call and recording of the conference call will be available on Giant's website at: http://www.ga-me.com/earningsannouncements.php .

About Giant Interactive Group Inc.

Giant 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 first game, ZT Online, was voted the most popular online game in China in 2006 according to the International Data Corporation. The Company's second game, Giant Online, entered into open beta testing on March 28, 2008. Giant has two additional online games that it intends to commercially launch, including King of Kings III and Empire of Sports. Giant has built a nationwide distribution network to sell the prepaid game cards and game points required to play its games, which as of December 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. For more information, please visit Giant Interactive Group Inc. on the web at http://www.ga-me.com .

Forward-looking Statements

This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 relating to, among other things, the time and date of our next earnings release and related conference call. These forward-looking statements are not historical facts but instead represent only our belief regarding future events, many of which, by their nature, are inherently uncertain and outside of our control. For a discussion of important factors that could adversely affect our business, financial condition, results of operations and prospects, see "Risk Factors" beginning on page 12 of our prospectus filed with the Securities and Exchange Commission on November 1, 2007. We undertake no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. Such information speaks only as of the date of this release.

    For more information, please contact:

    Investor Contact:
     Eric He, CFO
     Giant Interactive Group Inc.
     Tel: +86-21-6451-5001

    Investor Relations (US):
     Mahmoud Siddig
     Taylor Rafferty
     Tel: +1-212-889-4350

    Investor Relations (HK):
     Ruby Yim
     Taylor Rafferty
     Tel: +852 3196 3712

    Media Contact:
     John Dudzinzky
     Taylor Rafferty
     Tel: +1-212-889-4350

SOURCE Giant Interactive Group Inc.