---

SINA.com Files for Initial Public Offering

SINA.com, a Chinese-focused Internet company announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission in connection with its initial public offering of ordinary shares. SINA.com will offer a total of 4,000,000 ordinary shares, plus an underwriters' option to purchase an additional 600,000 ordinary shares to cover over-allotments. The Company has filed an application to list the shares on the NASDAQ National Market under the symbol "SINA". Net proceeds of the offering are expected to be used for working capital and other general corporate purposes.

Morgan Stanley Dean Witter and China International Capital Corporation Limited are acting as the joint lead managing underwriters for the offering. Chase Securities Inc. and Fleet Boston Robertson Stephens Inc. are acting as co-managers.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of such jurisdiction.


Issued by Beyond Communications Limited on behalf of SINA.com.hk For enquiries, pls. contact:
At SINA.com.hk
Ms. Cindy Lee (cindy@staff.sina.com)
Tel: 2155-8858/ 9194-6416
Fax: 2295-3630
Visit www.sina.com.hk for more information