China Mobile Games and Entertainment Group Limited (Nasdaq:CMGE) ("CMGE" or "the "Company"), a leading mobile game company based in China, today announced that it will report its first quarter 2014 financial results on Friday, May 16, 2014, before the open of U.S. markets.

CMGE's management will host a conference call to discuss the results at 8:00 a.m. Eastern Time on Friday, May 16, 2014 (8:00 p.m. Beijing time on the same day).

The dial-in details for the live conference call are:

U.S. Toll Free Dial-In: +1 855-500-8701
Hong Kong Dial-In: +852 3051-2745
China Dial-In: 400-120-0654
International Dial-In: +65 6723-9385
Conference ID: 45791447

A telephone replay of the call will be available after the conclusion of the conference call at 11:00 a.m. Eastern Time on Friday, May 16, 2014 through 09:59 a.m. Eastern Time on Monday, May 19, 2014. The dial-in details for the replay are:

U.S. Toll Free Dial-In: +1 855-452-5696
International Dial In: +61 2-9003-4211
Conference ID: 45791447

A live webcast of the conference call will be available in the investor relations section of the CMGE website - http://ir.cmge.com/.

About CMGE

CMGE is the largest publisher and a leading developer of mobile games in China with integrated capabilities across the mobile game value chain. Its fully integrated capabilities include the development, licensing, publishing, distribution and operation of mobile games, primarily in China. Its social games are mainly developed for Android and iOS-based smartphones. CMGE's extensive distribution network includes its proprietary Game Center application, handset pre-installations, application stores and web platforms and mobile network operators.The Company's stock is traded on NASDAQ under the symbol CMGE. For more corporate and product information, please visit CMGE's website at http://www.cmge.com.

CONTACT: For investor and media inquiries, please contact:
         China Mobile Games and Entertainment Group Limited
         Tel: +852 2700 6108
         E-mail: ir@cmge.com
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