FOR IMMEDIATE RELEASE 

SANTA CLARA, CA -- November 14, 2012 -- ChangYou.com (US) Inc., a wholly-owned subsidiary of ChangYou.com Ltd. (NASDAQ: CYOU), today launched GameFuse.com, a new online gaming destination which offers premium free-to-play games in North America, including real-time battlefield strategy game Totem , social dungeon builder Dungeon Viva , turn-based multiplayer shooter DDTank Champions and the upcoming arena-styled multiplayer first-person shooter Renaissance Heroes .

"We are excited to showcase GameFuse in time for this holiday season," said Vickie Chen, General Manager of ChangYou.com (US), Inc. "Our goal is to leverage this new publishing platform to create a seamless and convenient gaming experience across our portfolio. This is just the beginning as new content and features will be rolled out rapidly in the near future. Stay tuned!"

GameFuse features free-to-play online games on multiple platforms including browser, social and downloadable PC games:

Totem is a real-time battlefield strategy game set in a fantasy world that gives armchair commanders the ability to gather and manage a horde of troops on the battlefield in strategic matches. Select a Hero from the three unique races and build an army to take on the world. Totem's gameplay focuses on strategic troop deployment and determining the optimal squadron to take into battle. Choose wisely, as resources are limited and only the right combination of troops and weapons will let you live to fight another day. Competitive game modes from campaign to PvP offer different bonuses and rewards. The Totem beta starts today, November 14th, and is scheduled to conclude on November 20th at 11:59PM PDT.

Dungeon Viva is a versatile social MMO dungeon builder for Facebook in which you create dungeons full of unique monsters, traps, and buildings, and then either ally with your friends or claim dominance by mobilizing your own invading army of monsters. Gather and manage resources to build labyrinthine dungeons, and develop a massive army of monsters specialized in offensive or defensive action. Team up with friends and declare war on neighboring dungeons to rule the underworld!

The worldwide hit DDTank gets an upgrade in DDTank Champions, featuring the exclusive Spartacus set. The whimsical turn-based artillery shooter lets players engage in battles from 1v1 to 4v4, and a huge array of avatars provide endless possibilities for customization. Keep the battles going by upgrading weapons and leveling up via quests. Ready... aim... fire!

Set in the 16th century Renaissance Europe, Renaissance Heroes combines arena-styled gameplay with high-fidelity graphics powered by the Unreal Engine 3 to deliver adrenaline-pumping FPS action. The game offers competitive multiplayer environments of up to 12 players, including popular game modes such as Team Deathmatch, Deathmatch and Capture the Flag that are familiar to FPS gamers. The Renaissance Heroes open beta will arrive in January 2013. Sign up now at the game's official page to receive e-mail notification when the game becomes available.

For more information about GameFuse and the games, please visit the official website at http://www.gamefuse.com

About GameFuse

Established in November 2012 and operated by ChangYou.com (US) Inc., GameFuse is a new online gaming destination which offers free-to-play online games that connects mid- to hard-core gamers in a fun, competitive and immersive experience. Currently in beta stage, the online portal offers a number of high quality free-to-play games and will soon expand its portfolio with a wide variety of PC and web games that will quickly solidify itself as the top online gaming destination.

About ChangYou.com (US)

ChangYou.com (US) is a publishing subsidiary of ChangYou.com, Ltd. (NASDAQ: CYOU) located in Santa Clara, California. Originally started as the MMORPG business unit of Sohu.com in 2003, ChangYou.com became a separate, stand-alone company in December 2007. As a leading publisher of free-to-play massively multiplayer online games in North America, ChangYou.com (US) has published a variety of multiplayer online games, including Dragon Oath and Sword Girls. More information about the company can be found at us.changyou.com.

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Contact (press only):

Klee Kuo

ChangYou.com (US), Inc.

408.889.9866

pr_us@cyou-inc.com

Michael Meyers Public Relations

for ChangYou.com (US) Inc.

Michael Meyers/Kate Hedstrom

925.551.8080

michael@mmpr.com

kate@mmpr.com