[THE9 LIMITED and THE BANK OF NEW YORK MELLON, Rights Agent RIGHTS AGREEMENT RIGHTS AGREEMENT Dated as of January 8, 2009 (the “Agreement”), between The9 Limited, a company incorporated with limited liability under the Cayman Islands Companies Law (the “Company”), and The Bank of New York Mellon, a New York banking corporation (in its capacity as the rights agent, the] [STANDSTILL AGREEMENT Agreement Company Incsight Investors THIS STANDSTILL AGREEMENT (this “ Rights Agreement WHEREAS, the Company has agreed to exclude Incsight and its Affiliates and Associates (as defined herein) from that certain rights agreement, dated as of January 8, 2009, between the Company and Bank of New York Mellon, as rights agent (the “ NOW THEREFORE, in consideration of the] [The9 Limited Announces the Adoption of a Shareholder Rights Plan Shanghai, China, January 8, 2009 One right will be distributed with respect to each ordinary share of The9 outstanding at the close of business on January 22, 2009. Initially, the rights will be attached to the certificates representing outstanding ordinary shares, and no separate rights certificates will be distributed. The] [FORM 6-K THE9 LIMITED Building No. 3, 690 Bibo Road þ o Form 20-F o o TABLE OF CONTENTS THE9 LIMITED Jun Zhu Chairman and Chief Executive Officer Description 4.1 Rights Agreement dated as of January 8, 2009 between The9 Limited and The Bank of New York Mellon, as Rights Agent 4.2]

[THE9 LIMITED Form 6-K TABLE OF CONTENTS Page 3 4 THE9 LIMITED Jun Zhu Chairman and Chief Executive Officer At its 2008 annual general meeting of shareholders held in Shanghai on December 16, 2008, The9 Limited’s shareholders resolved: a. that the repurchase of an aggregate of 1,839,061 shares of a par value US$0.01 each (the “Shares”) from the Bank of]

[THE9 LIMITED Form 6-K Page 3 4 THE9 LIMITED]

[THE9 LIMITED Form 6-K TABLE OF CONTENTS Page 3 4 THE9 LIMITED Jun Zhu Chairman and Chief Executive Officer]