Hurray! News

Hurray! to Post Annual Report On Its Corporate Website

BEIJING, August 2, 2007 /Xinhua-PRNewswire/ -- Hurray! Holding Co., Ltd. (Nasdaq: HRAY - News), a leader in artist development, music production, wireless music distribution, and other wireless value-added services in China, today announced that it has posted its 2006 annual report to shareholders at www.hurray.com on the Investor Relations page and submitted such a report to the U.S. Securities and Exchange Commission (SEC) on a current report on Form 6-K. Shareholders can receive a hard copy of the annual report free of charge by sending a request to Attention: Investor Relations, 15/F, Tower B, Gateway Plaza, No. 18 Xia Guang Li, North Road, East Third Ring, Chaoyang District, Beijing 100027, People's Republic of China. The annual report includes a copy of the company's 2006 Form 20-F that was filed with the SEC on June 15, 2007.

About Hurray! Holding Co., Ltd.

Hurray! is a leader in artist development, music production and offline distribution in China through its record labels Huayi Brothers Music, Freeland Music, New Run Entertainment, and Secular Bird.

Hurray! is also a leading online distributor of music and music-related products such as ringtones, ringbacktones, and truetones to mobile users in China through the full range of wireless value-added services platforms over mobile networks and through the internet.

The company also provides a wide range of other wireless value-added services to mobile users in China, including games, pictures and animation, community, and other media and entertainment services. The company has further expanded its reach through a new venture with Beijing TV Media, the new media channel of Beijing TV, to provide mobile interactive services for all Beijing TV programs.

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For more information, please contact:
Phoebe Meng
Investor Relations Manager
Tel: 8610-84555566 x 5532
yfmeng@hurray.com.cn