Hurray! to Announce First Quarter of 2008 Financial Results and Host Conference Call on May 22, 2008

BEIJING, May 6 /Xinhua-PRNewswire/ -- Hurray! Holding Co., Ltd. NASDAQ: HRAY, a leader in artist development, music production and wireless music distribution and other wireless value-added service in China, today announced that it will release its financial results for the first quarter of 2008 shortly after the close of the US financial markets on May 22, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO )

Chairman & CEO QD Wang and President & Acting CFO Sean Wang will host a conference call to discuss the first quarter result at

    Time:    9:00 pm Eastern Standard Time on May 22, 2008
          or 9:00 am Beijing/Hong Kong Time on May 23, 2008

    The dial-in number:  +1-866-543-6408  (US)
                         +1-617-213-8899  (International)
    Password: 83885644

A replay of the call will be available from May 23, 2008 until May 30, 2008 as follows:

    +1-888-286-8010  (US)
    +1-617-801-6888  (International)
    Password: 38334475

Additionally, a live and archived web cast of this call will be available at:

http://phx.corporate-ir.net/playerlink.zhtml?c=187793&s=wm&e=1829395

or http://www.hurray.com.cn/english/home.htm

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.

    For more information, please contact:

     Christina Low
     Investor Relations Officer
     Tel:   +86-10-8455-5532
     Email: IR@hurray.com.cn