Mr. Li will be responsible for working with Dr. Charles Zhang, SOHU's president and CEO, in further developing the company's management strengths and implementing its strategies. "It is a great pleasure for me to announce that Alan Li is being named COO of SOHU.com. His joining will make SOHU's current management team even stronger and more effective in implementing its strategy. SOHU.com will be one step further in achieving its constant goal of being an indispensable part of people's daily life." said Charles Zhang.

Since July 1997, Mr. Li has been with Oracle China Ltd., serving as Managing Director and most recently as Executive Director. In this capacity, he doubled the company's total revenue in two years and improved the company's cash-flow position ten times. Meanwhile, he engineered business model transformation to widen market coverage through strategic partner and alliance development, and significantly increased customer and employee satisfaction.

Mr. Li has previously held senior management positions with well-known multinational IT companies including over 14 years in Digital Equipment Corporation and 8 years in IBM Hong Kong.

SOHU.com is the leading Internet portal in Mainland China with current daily pageviews exceeding 10 million. It provides navigation/search, news, sports, business and finance, real estate channel, entertainment, chat, email and e-commerce activities for a solid and wide base of visitors. SOHU.com was founded by Dr. Charles Zhang, with original investors from MIT, Edward Roberts, Nicholas Negroponte and Brant Binder. Later investors include Intel, Dow Jones, IDG and the Morningside China Group. Its content partners include CNET, DOW Jones and dozens of local media organizations in China.

About SOHU.com:
SOHU.com (www.sohu.com), the leading internet portal in China with a current (February, 2000) page view posting of 10million per day, is the first major Chinese language web destination on the Internet. SOHU.com has pioneered many firsts, including the introduction of banner advertising and the setting of standard for Web traffic assessment in China. "SOHU.com is the top brand in the Chinese Internet and NOKIA is the top brand in wireless communications. We are proud to be a partner of NOKIA in this important project", said Dr. Charles Zhang, President and CEO of SOHU.com.