Shanghai, China-- (Xinhua PR Newswire)—September 2, 2003—SINA Corporation (Nasdaq:SINA), a leading online media company and value-added information service provider for China and for global Chinese communities, today announced the appointment of Yongji Duan as Co-Chairman of the Board of SINA.

　　Yongji Duan has served as a director of SINA since August 1997 and has brought to SINA tremendous business experience and relationships in China. Mr. Duan is a renown entrepreneur in China and is currently serving as the Vice Chairman for All China Federation of Industry and Commerce. He is the Chairman of Stone Electronic Technology Limited in Hong Kong and Stone Group Corporation in China. He is also the Chairman of Sun Stone Media Group Limited which is a principal shareholder of SINA.

　　“It is a great honor for me to share the leadership of the Board with Mr. Duan,”said Daniel Chiang, Co-Chairman of the Board of SINA,“his in-depth understanding of China market and his great business experience has been and will continue to be of tremendous value to this Board and to SINA.”

　　About SINA

　　SINA Corporation (FKA: SINA.com) (Nasdaq:SINA) is a leading online media company and value-added information service ("VAS") provider for China and for global Chinese communities. With a branded network of localized web sites targeting Greater China and overseas Chinese, SINA operates three major business lines including SINA.com (online media and entertainment service), SINA Online (consumer fee-based online and wireless VAS) and SINA.net (small and medium-sized enterprises VAS), providing an array of services including online portals, premium email, wireless short messaging, virtual ISP, search, classified information, online games, e-commerce, e-learning and enterprise e-solutions.

　　Safe Harbor Statement

　　This announcement may contain forward-looking statements. SINA may also make written or oral forward-looking statements in our periodic reports to the Securities and Exchange commission on forms 10-K, 10-Q, 8-K, etc., in its annual report to shareholders, in its proxy statements, in its offering circulars and prospectuses, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, SINA’s historical losses, its limited operating history, the uncertain regulatory landscape in the People's Republic of China, fluctuations in quarterly operating results, the Company's reliance on wireless short messaging service and online advertising sales for a majority of its revenues, the Company’s reliance on mobile operators in China to provide wireless short messaging service, any failure to successfully develop and introduce new products and any failure to successfully integrate acquired businesses. Further information regarding these and other risks is included in SINA's Annual Report on Form 10-K for the period ended December 31, 2002 and its recent reports on Form 10-Q as well as in its other filings with the Securities and Exchange Commission.