"We are encouraged that China Telecom has recognized the value of ouradvanced Business Intelligence systems, which will allow the company to gathercustomer data, analyze trends and use the resulting information to bettercompete in a rapidly evolving market," said Steve Zhang, AsiaInfo's presidentand chief executive officer. "Competition is increasing among China's threenewly integrated telecom carriers as they build out their product and serviceplatforms on a leveled playing field. Our world-class BI systems continue tobenefit from these trends by enabling carriers to launch targeted marketingcampaigns and differentiate their service offerings, which can ultimatelyincrease end-user satisfaction and boost profits. In anticipation of thisstage of market development, we have strategically invested in the researchand development of our BI systems for the past several years and are nowrecognized as a leader in this market."

The BI systems, which are designed to improve decision-making capability,efficiency and accuracy, will integrate China Telecom's existing fixed-linebusiness with its recently acquired CDMA business. AsiaInfo will help ChinaTelecom migrate the historical data from its acquired CDMA system to the newBI systems in order to ensure a smooth transition from a fixed-line andbroadband provider to a full-service operator. The BI systems offer datamining, data analysis and data summarization capabilities, providing ChinaTelecom with accurate, detailed and up-to-date information.

AsiaInfo is a market leader in China's BI market. AsiaInfo's BI systemscurrently support more than 260 million users and over 1.5 petabytes of data.

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq: ASIA) is a leading provider of high-quality telecom software solutions and IT security products and services tosome of China's largest enterprises as well as many small and medium sizedcompanies in China. An established leader in the Chinese telecommunicationsindustry, AsiaInfo became a prominent supplier of IT security products andservices in China with the acquisition of Lenovo's non-telecom related ITservices business in 2004.

Organized as a Delaware corporation, AsiaInfo began operations in theUnited States in 1993. The Company moved major operations to China in 1995 andplayed a significant role in the construction of the national backbones andprovincial access networks for all of China's major national telecom carriers,including China Telecom, China Mobile, China Unicom and China Netcom. Since1998, AsiaInfo has continued diversifying its product offerings and is now amajor provider of telecom software solutions in China.

For more information about AsiaInfo, please visit http://www.asiainfo.com .

Safe Harbor Statement

The information contained in this document is as of October 24, 2008.AsiaInfo assumes no obligation to update any forward-looking statementscontained in this document as a result of new information or future events ordevelopments.

This document contains forward-looking information about AsiaInfo'soperating results and business prospects that involve substantial risks anduncertainties. You can identify these statements by the fact that they usewords such as "anticipate," "estimate," "expect," "project," "intend," "plan,""believe," and other words and terms of similar meaning in connection with anydiscussion of future operating or financial performance. Among the factorsthat could cause actual results to differ materially are the following:government telecommunications infrastructure and budgetary policy in China;our ability to maintain our concentrated customer base; the long and variablebilling cycles for our products and services that can cause our revenues andoperating results to vary significantly from period to period; our ability tomeet our working capital requirements; our ability to retain our executiveofficers; our ability to attract and retain skilled personnel; potentialliabilities we are exposed to because we extend warranties to our customers;risks associated with cost overruns and delays; our ability to develop oracquire new products or enhancements to our software products that aremarketable on a timely and cost-effective basis; our ability to adequatelyprotect our proprietary rights; the competitive nature of the markets weoperate in; political and economic policies of the Chinese government. Afurther list and description of these risks, uncertainties, and other matterscan be found in our Annual Report on Form 10-K for the fiscal year endedDecember 31, 2007, and in our periodic reports on Forms 10-Q and 8-K (if any)filed with the United States Securities and Exchange Commission and availableat http://www.sec.gov .

For further information, please contact: AsiaInfo Holdings, Inc. Sheryl Zhang Tel: +86-10-8216-6039 Email: ir@asiainfo.com Ogilvy Financial, Beijing Andrew Keller Tel: +86-10-8520-3112 Email: andrew.keller@ogilvy.comSOURCE AsiaInfo Holdings, Inc.