CHINADOTCOM, STOCKHOUSE MEDIA STRIKE STRATEGIC ALLIANCE.

(Full text of a statement. Contact details below.)

HONG KONG, April 13 PRNI HK-AsiaNet - chinadotcom corporation (Nasdaq: CHINA) (Website: http://www.corp.china.com), the leading pan-Asian integrated Internet company, today announced strategic investment, content and technology agreements with StockHouse Media Corp. (http://www.stockhouse.com), a global online content and community group that provides proprietary and aggregated financial news and information. This alliance will allow the hongkong.com portal to deliver financial news content by leveraging on its existing operational and cost infrastructure.

chinadotcom corporation will hold a five percent equity of StockHouse and become a regional development partner in the company. Under a separate content and technology alliance, StockHouse has agreed to provide financial news and personalized portfolio tracking services to chinadotcom corporation's portal network -- starting with the hongkong.com web site.

"The alliance with and investment in StockHouse is another important step in our mission to create quality information and service channels specifically for the region," said Rudy Chan, Chief Executive Officer of hongkong.com corporation.

"Significantly, the deployment of the StockHouse channel to hongkong.com marks the start of a programme of re-positioning initiatives specified in the company's GEM-listing prospectus.

"StockHouse has built a solid reputation for providing investors all over the world with timely financial news and insight into the stock markets, as well as a range of portfolio tracking tools. This content and technology alliance will enable both companies to work together bringing these valuable services to the online communities of Asia," he added.

StockHouse will provide ticker messages and breaking stories on stocks, initially from the Australian, Canadian, Hong Kong and U.S. stock exchanges to chinadotcom's portal network. Users will be able to monitor and track their investments' performance, meet other investors in syndicated chat-rooms and receive regular newsletters.

"We are confident that our network and content partnership with chinadotcom corporation will contribute to building StockHouse's brand with Asian audiences, while providing the group's online subscribers with the information they need to make informed investment decisions," said Ms. Pamela Ip, Managing Director, StockHouse Media (HK) Ltd.

Added Jeff Berwick, President and Founder of StockHouse, "We are also very proud of the investment partnership with chinadotcom corporation and expect it to be a fruitful one as we use the funds to expand throughout Asia."

StockHouse already has editorial offices and Websites in Australia, Canada, the U.K., and U.S. Its Hong Kong web site and services went live in January, with an official launch to be held this month. Singapore will follow during the second quarter, with Japan and Korea before the year-end.

Commented Vicky Hung, Senior Vice President, Portals Hongkong & Taiwan of chinadotcom corporation, "This is another significant building block in the construction of our pan-Asian business. Once again, we are leveraging our operational and cost infrastructure by partnering with an organization that has proven expertise and a strong track record. Leveraging our existing infrastructure lowers the costs involved with making this partnership a success. In addition, our experience across Asia, combined with StockHouse Media Corporation's expertise in the online finance sector, are the sort of ingredients necessary to develop relevant and compelling services as a means to attract and retain online users. We believe this is the key to building a successful business that has strong revenue growth."

About StockHouse Media Corporation

StockHouse Media Corporation owns and operates an international network of popular online investment communities.

The Company provides global financial content aggregation from over 400 sources, original editorial, interviews with business leaders, a comprehensive equities database and the Internet's first syndicated message forums. StockHouse has over 130 employees in seven offices spanning several countries including the United States, Canada, Hong Kong, Australia and the United Kingdom. For more information about StockHouse Media Corporation, please visit http://www.stockhouse.com

About chinadotcom corporation

chinadotcom corporation is the leading pan-Asian Internet company built on an integrated operating and investment business model. The company provides a full range of Internet services that 1) build e-business strategies and solutions (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 also invests in synergistic Internet companies throughout the Asia-Pacific region that add value and depth to its services and portal channels. chinadotcom corporation's investment strategy is largely based on three types of investments. The first, incubation, through chinadotcom corporation's Jump Start program, supports seeding of new companies and incubates Internet start-ups. The second, acceleration, builds on existing businesses and accelerates the growth of existing on-line services. The third, partnership, enables chinadotcom corporation to join with established Internet companies to accelerate and expand their entry into the Asian market. To date, through chinadotcom's investment program, the company has invested in more than 30 Internet companies around the world.

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 1000 employees in 24 offices across 10 Asian markets, including Australia, Hong Kong, Japan, Korea, Malaysia, Singapore and Taiwan.

In Mainland China, the company has 12 offices and over 350 employees. Major corporate shareholders include America Online Inc., Mitsui & Co. Ltd., Nortel Network Corporation, New World Infrastructure Limited and 24/7 Media Inc. For more information about chinadotcom corporation, please visit http://www.corp.china.com.