Renren Inc. Announces Pricing of Initial Public Offering on NYSE

Of the 53,100,000 ADSs being offered, 42,898,711 ADSs are offered by Renren and 10,201,289 ADSs are offered by the selling shareholders. The Company has granted the underwriters a 30-day option to purchase up to an additional 7,965,000 ADSs at the initial public offering price to cover over-allotments, if any.

Morgan Stanley, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC acted as global coordinators, BofA Merrill Lynch and Jefferies & Company, Inc. acted as joint bookrunners, and Pacific Crest Securities LLC and Oppenheimer & Co. Inc. acted as co-managers, for the offering.

Renren's registration statement relating to the initial public offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the offering may be obtained by contacting Morgan Stanley & Co. Incorporated, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, United States, by calling +1-866-718-1649 or by emailing prospectus@morganstanley.com; by contacting Deutsche Bank Securities Inc., Attn: Prospectus Department, 100  Plaza One, Jersey City, NJ 07311, by calling 1-800-503-4611 or by emailing prospectus.cpdg@db.com; and by contacting Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, One Madison Avenue, New York, NY 10010-3629, by calling 1-800-221-1037 or by emailing newyork.prospectus@credit-suisse.com (calling these numbers is not toll-free outside the United States).

About Renren

Renren Inc. operates the leading real name social networking internet platform in China as measured by total page views and total user time spent on social networking websites in February 2011, based on data issued in March 2011 by iResearch. It enables users to connect and communicate with each other, share information and user generated content, play online games, listen to music, shop for deals and enjoy a wide range of other features and services. Renren's platform includes the main social networking website renren.com, the online games center game.renren.com, the social commerce website nuomi.com, and the newly launched professional and business social networking service website jingwei.com.