Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Perfect World Co., Ltd. ("Perfect World" or the "Company") (NASDAQ: PWRD) concerning possible violations of the federal securities laws. The investigation focuses on allegations that certain statements issued by the Company regarding Perfect World's business, operations and financial condition were false and misleading.

Perfect World, through its subsidiaries, operates as an online game developer and operator in China, the United States, Japan and Southeast Asia. Specifically, the investigation relates to recent allegations posted on an Internet forum alleging that the Company is under investigation by both Chinese and U.S. regulators due to possible related-party transactions between Perfect World and the Company's chief executive officer. On this news, the Company's shares declined $3.19 per share, more than 26%, to close on January 9, 2012, at $8.81 per share on heavy trading volume.

If you purchased Perfect World securities, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com