chinadotcom corporation Names Internet Advertising Industry Expert as Vice President, Taiwan Business Development

Hong Kong, December 14, 1999 — chinadotcom corporation (NASDAQ: CHINA), a pan-Asian integrated Internet company providing a full range of solutions that "Build, Distribute and Sell" Internet services, today announced the appointment of Mr. Lewis Liu as Vice President of Business Development. In this capacity, Mr. Liu will be responsible for leading the company's business strategy in Taiwan.

Mr. Liu has 15 years of corporate experience in media and interactive services as well as an impressive history of personal accomplishments.

Mr. Peter Hamilton, Chief Operating Officer of chinadotcom corporation said, "In addition to bringing a wealth of knowledge and experience to our company, Lewis brings with him a drive and ambition for innovation that ideally matches both our corporate objectives as well as the creative and professional environment that we have developed here."

"As Internet-related services continue to become more and more popular and important to Asia's economic growth, we believe that Lewis is ideally-suited to help us to expand our business and presence in Taiwan," Mr. Hamilton continued.

"Lewis's appointment is part of the continuing process of reinforcing the strongest and most experienced Internet management team in Asia. Hiring people of Lewis's calibre is the only way to continue to take the leading role in the pan-Asian Internet and e-commerce business," commented Hamilton.

Most recently, Mr. Liu was Chief Executive Officer at China Times Interactive where he was responsible for managing the business and operations.

Mr. Liu said, "I am very excited the role that I will be playing at chinadotcom corporation for a number of reasons. First, there is truly a drive to be number one in the industry within the company. The outlook is very positive and I'm delighted to be a part of it. Second, I personally believe that a local person should drive the company and its strategy in Taiwan in order to focus on customers and their needs. chinadotcom corporation is a customer-focused, market-driven organization and that is a philosophy I can truly ascribe to."

Mr. Liu wrote "The First Step to Internet Advertising", which was published in 1999. The book has served as an educational tool covering opportunities on the Internet for many corporate and traditional media executives in Taiwan. He is also a founding member and chairperson of the Internet Auditing Coalition in Taiwan. As a leading authority on Taiwan's Internet market, he has acted as the keynote speaker at numerous seminars, universities and conferences.

"I am looking forward to working with the strong management team at chinadotcom corporation to further develop and implement the company's unique 'Build, Distribute, Sell' business strategy. It is a model that has tremendous potential for growth by providing increased opportunities for multiple revenue streams," Mr. Liu continued. "It is particularly satisfying to be a member of a team that will play an important role in taking Asian-driven technology and content to a heightened level of development; underpinning the increased competitiveness of Asia through more effective use of the Internet and e-commerce. "

Mr. Liu, who will be based in Taipei and will work closely with the chinadotcom corporation teams in both Asia and the United States, believes his most important role is to ensure the success of the company in Taiwan.


About chinadotcom corporation

chinadotcom corporation is the first pan-Asian integrated Internet company listed in the United States (NASDAQ: CHINA). The company provides a full range of Internet services that; 1) build e-commerce strategy and solutions (the Web Connection), 2) distribute content via its portal network (china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell services through online advertising (24/7 Media Asia). chinadotcom corporation is committed to enabling digital communities to realize their full potential, thereby facilitating the development of the Internet in China and across Asia. The company has over 800 employees in 21 offices across 10 Asian markets, including Japan, Korea, Singapore, Malaysia, Hong Kong and Australia. Major corporate shareholders include America Online Inc., Mitsui & Co. Ltd., Nortel Network Corporation, Sun Microsystems Inc., New World Infrastructure Limited and 24/7 Media Inc.

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