Hurray! News

Hurray! to report Fourth Quarter and 2005 Fiscal Year Financial Result and Host Conference Call on February 27, 2006

BEIJING, Feb.8 -- /Xinhua-PRNewswire/ -- Hurray! Holding Co., Ltd. (Nasdaq: HRAY - News), a leader in advanced wireless value-added services, digital music production and distribution, and mobile telecommunication network software in the People’s Republic of China, today announced it will report its financial results for the fourth quarter and 2005 fiscal year shortly after the close of the US financial markets on February 27, 2006.

QD Wang, Chairman & CEO and Jesse Liu, CFO will host a conference call to discuss the fourth quarter and 2005 fiscal year result at

Time: 9:00 pm Eastern Standard Time on February 27, 2006
or 10:00 am Beijing/Hong Kong Time on February 28, 2006

The dial-in number: 866- 383- 7998 (US)
617- 597- 5329 (international)
Password: 22079139

A replay of the call will be available from February 27, 2006 until March 6, 2006 as follows:
888- 286- 8010 (US)
617- 801- 6888 (international)
PIN number: 38293203

Additionally, a live and archived web cast of this call will be available at:
http://www.videonewswire.com/event.asp?id=32308 or
http://www.hurray.com/english/home.htm

About Hurray! Holding Co., Ltd.

Hurray! provides wireless value-added services such as ringtones, picture downloads, community and entertainment services to mobile users in China. The company is one of the market leaders in providing these services using wireless application protocol, commonly referred to as WAP, in China. WAP services are offered through the advanced 2.5G mobile networks, the most advanced broadly available mobile networks deployed in China. Hurray! also offers these services through 2G mobile networks. In addition, Hurray! focuses on digital music production and distribution.

Hurray! also designs, develops, sells and supports a service provisioning and management software that is used by China Unicom, one of the two principal mobile operators in China, to support its 2.5G services platform.

Forward-looking Statements

This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes" and similar statements. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks related to: Hurray!'s ability to maintain its leading position in the market for wireless value-added services in China, including its ability to anticipate or address changes in technologies and user preferences in an effective and timely manner; the risk that Hurray's profitability may be adversely affected in future periods for a variety of reasons, many of which may be beyond management's control; the state of Hurray!'s relationships with China's mobile operators; and other risks outlined in Hurray!'s filings with the Securities and Exchange Commission, including its registration statement on Form F-1, as amended. Hurray! does not undertake any obligation to update this forward-looking information, except as required under applicable law.

For more information, please contact:
Phoebe Meng
Investor Relations Manager
Tel: 8610-6518-8989 x 6806
yfmeng@hurray.com.cn

SOURCE: Hurray! Holding Co., Ltd.