Changyou.com Limited has declared a special cash dividend of USD 4.70 per Changyou Class A ordinary or Class B ordinary share, or USD 9.40 per American depositary share, each of which represents two Changyou Class A ordinary shares. The aggregate amount of the special cash dividend will be approximately USD 503 million. The Changyou Board has set May 15, 2019, as the date on which holders of record of Changyou Class A ordinary shares and Class B ordinary shares will be entitled to the dividend. Changyou expects the ex-dividend date to be no later than June 30, 2019. Payable date is May 31, 2019.