[SHANDA GAMES LIMITED (incorporated in the Cayman Islands with limited liability) (NASDAQ: GAME) NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS NOTICE IS HEREBY GIVEN THAT 1. To re-elect Mr. Tianqiao Chen as a director of the Company; 2. To re-elect Mr. Andy Lin as a director of the Company; 3. To re-elect Mr. Heng Wing Chan as a director of] [THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF SHANDA GAMES LIMITED FOR THE ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON DECEMBER 3, 2012 PROPOSAL NO. 1: To re-elect Mr. Tianqiao Chen as a director of the Company; PROPOSAL NO. 2: To re-elect Mr. Andy Lin as a director of the Company; PROPOSAL NO. 3:] [PROPOSALS 1. To re-elect Mr. Tianqiao Chen as a director of the Company 2. To re-elect Mr. Andy Lin as a director of the Company 3. To re-elect Mr. Heng Wing Chan as a director of the Company 4. To re-elect Mr. Guoxing Jiang as a director of the Company 5. To re-elect Mr. Danian Chen as a director of] [Shanda Games Limited]

[Shanda Games Announces Adjustment of the Exercise Price of Share Options On September 14, 2012, the board of directors of Shanda Games Limited (“Shanda Games” or the “Company”) (Nasdaq: GAME), a leading online game developer, operator and publisher in China approved to adjust the exercise price for the share options held by the officers and employees of the Company and] [FORM 6-K Shanda Games Limited ——————————————————————————————————— No. 1 Office Building ——————————————————————————————————— x x n/a Shanda Games Limited Zhang Xiangdong Chief Executive Officer Description 99.1 Shanda Games Announces Adjustment of the Exercise Price of Share Options 6-K 1 htm_7049.htm LIVE FILING]

[Shanda Games Reports Second Quarter 2012 Unaudited Results Hong Kong, China—August 26, 2012 Non-GAAP Financial Highlights Ÿ Ÿ Ÿ Ÿ GAAP Financial Highlights Ÿ — Online game revenues generated in China were RMB1,040.4 million (US$164.5 million), down 16.6% YoY and 19.3% QoQ. — Other revenues were RMB90.1 million (US$14.2 million), up 23.3% YoY and down 10.6% QoQ. Ÿ Ÿ Ÿ] [Shanda Games Limited Announces Management Changes Hong Kong, China, August 26, 2012 – Shanda Games Limited (“Shanda Games,” or the “Company”) (NASDAQ: GAME), a leading online game developer, operator, and publisher in China, today announced that Mr. Qunzhao Tan has resigned as the Company’s chief executive officer and chairman of the Board of Directors. Mr. Xiangdong Zhang, the Company’s chief] [FORM 6-K Shanda Games Limited ——————————————————————————————————— No. 1 Office Building ——————————————————————————————————— x x n/a Shanda Games Limited Zhang Xiangdong Chief Executive Officer Description 99.1 Shanda Games Reports Second Quarter 2012 Unaudited Results 99.2 Shanda Games Limited Announces Management Changes]

[Shanda Games Reports First Quarter 2012 Unaudited Results — Company Sets New Quarterly Top Line Record Despite Seasonally Slow Quarter — Hong Kong, China—June 11, 2012 Non-GAAP Financial Highlights Ÿ Net revenues were RMB1,389.4 million (US$220.7 million), up 10.9% YoY and 2.5% QoQ. Ÿ Ÿ Ÿ Ÿ GAAP Financial Highlights Ÿ Net revenues were RMB1,389.4 million (US$220.7 million), up 10.9%] [FORM 6-K Shanda Games Limited ——————————————————————————————————— No. 1 Office Building ——————————————————————————————————— x x n/a Shanda Games Limited Tan Qunzhao Chief Executive Officer Description 99.1 Shanda Games Reports First Quarter 2012 Unaudited Results 6-K 1 htm_6856.htm LIVE FILING]