Shanghai, China-- (PR Newswire)—April 30, 2004—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 appointments of Xiaotao Chen and Songyi Zhang to its Board of Directors. The appointments are effective immediately.

　　Mr. Chen has been the President and executive director of Stone Holdings Limited, a Hong-Kong listed company since 2001. Prior to that, he was the vice president of Stone Group, a China company.

　　Mr. Zhang is an Advisory Director of Morgan Stanley based in Hong Kong. Until the end of 2000, Song-Yi was a Managing Director of Morgan Stanley based in Hong Kong and served separately as a Managing Director in its Asia Mergers, Acquisitions, Restructuring and Divestiture Group. Prior to joining Morgan Stanley at the end of 1993, Mr. Zhang spent eight years practicing law in New York City with the law firm of Milbank, Tweed, Hadley & McCloy in its Banking/Project Finance Group. Mr. Zhang received his Juris Doctor from Yale Law School.

　　“Both Xiaotao and Songyi will bring valuable management experience and China market knowledge to SINA”said Daniel Chiang, Co-Chairman of SINA.“We are excited to have them join our board and provide strategic guidance to fuel SINA’s long-term growth.”

　　About SINA

　　SINA Corporation (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 provides services through five major business lines including SINA.com (online news and content), SINA Mobile (mobile value-added services), SINA Online (community-based services and games), SINA.net (search and enterprise services) and SINA E-Commerce (online shopping and travel). Together these provide an array of services including region-focused online portals, mobile value-added services, search and directory, interest-based and community-building channels, free and premium email, online games, virtual ISP, classified listings, fee-based services, e-commerce and enterprise e-solutions.

　　Safe Harbor Statement

　　This announcement contains forward-looking statements. SINA may also make written or oral forward-looking statements in its 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, 2003 and its recent reports on Form 10-Q as well as in its other filings with the Securities and Exchange Commission.

　　Contact:

　　Chen Fu

　　Investor Relations

　　SINA Corporation

　　Phone: 8621-62895678 x 6089

　　E-mail: fuchen@staff.sina.com

　　Denise Roche

　　The Ruth Group

　　Phone: (646) 536-7008

　　Email: droche@theruthgroup.com