04 compared to previously announced guidance of US0

In 1963, it relocated to the MottHaven section of the South Bronx, within the nation's poorest congressionaldistrict. Operating from 17 locations, East Side House programs focus oneducation and technology as the keys to economic and civic opportunities.Programs include Early Childhood and After-School programs and the Mott HavenVillage Preparatory High School (a national model featured in Business Weekmagazine), 90 of whose graduates attend college. A new initiative, BronxHaven High School, guides over-aged, under-credited students on the road toemployment and college. The Winter Antiques Show, created by the charity in1955, is owned and produced by East Side House and provides over 30 of itsphilanthropic budget.

The Show is the only major one in New York from whichall net proceeds-ticket sales, catalogue revenues and corporatesponsorships-benefit a charity. Visit eastsidehouse to learn more.About The Corning Museum of GlassThe Corning Museum of Glass is home to the world's most comprehensivecollection of glass from all periods and cultures, ranging from ancientEgyptian and Renaissance Venetian masterpieces to contemporary works by suchmasters as Dale Chihuly and Josiah McElheny. Liveglassblowing demonstrations and state-of-the-art glassmaking studios bring thematerial to life. An Artist-in-Residence program annually gives six artiststhe opportunity to expand their work and to master new techniques.

Closed only January 1, Thanksgiving Day, December 24, and 25. Formore information visit Antiques ShowPeter Foley for The Winter Antiques Show, 1-212-843-8308,. BEIJING and SANTA CLARA, Calif Jan. 9 /PRNewswire-Asia-FirstCall/ Adjusts EPS guidance as a result of US$4.6 and US$2 million non-cash impairment charges on short-term and long-term investments, respectively Raises fourth quarter net revenue (Non-GAAP)(1) guidance to US$48 to 51 million (1) Net revenue (Non-GAAP), a non-GAAP measure, represents total revenue net of hardware costs that are passed through to the Company's customers.The Company believes total revenue net of hardware costs more accurately reflects its core business, which is the provision of software solutions and services, and provides transparency to its investors.It is also the same measure used by the Company's management to evaluate the competitiveness and development of its business.AsiaInfo Holdings, Inc. ("AsiaInfo" or the "Company") (Nasdaq: ASIA), aleading provider of telecom software solutions and IT security products andservices in China, today announced that it would recognize US$6.6 million, orUS$0.15 per basic share, non-cash impairment charges to earnings in the fourthquarter of 2008 related to certain short-term investments in stock funds andlong-term investments.Due to these non-cash impairment charges, the Company revised fourthquarter 2008 guidance for net income per basic share to a range of US$0.03 toUS$0.04, compared to previously announced guidance of US$0.14 to US$0.16 perbasic share.The Company also raised its fourth quarter 2008 net revenue (Non-GAAP)guidance to US$48 million to US$51 million, compared to previously announcedguidance of US$47 million to US$48 million.

The Company accounts forthese short term investments as available-for-sale investments at fair valueand had already reflected the fair value as at September 30, 2008 with thedifference between cost and fair value being reflected in Other ComprehensiveIncome. During the fourth quarter of 2008, the Company continued to review itsshort-term investments. Due to the continuing challenging global financialmarkets, poor performance of the global equity markets, as well as theduration and the extent to which the fair value of the investment hascontinued to be less than the cost, the Company recognized as of December 31,2008 a US$4.6 million non-cash impairment charge to net income related tothese stock funds. The total cost relating to these stock funds isapproximately US$13.9 million. However, in recent months, the fair marketvalue of these stock funds has decreased to US$9.3 million. As of December 31,2008, the combined total of AsiaInfo's cash and cash equivalents, restrictedcash, and short-term investments is US$213.3 million dollars. The impairmentrepresents approximately 2 of this total balance.The non-cash impairment charges also include a US$2 million impairment onlong-term investments, representing the decline in fair value of AsiaInfo's 5equity stake in Hinge Software Company Limited ("Hinge"), a Shanghai-basedprovider of business intelligence software solutions.