13D Filing: IDG-Accel China Growth Fund II Associates Updates Attempts to Acquire KongZhong Corp (KONG)

(1) By virtue of being the general partner
of the Reporting Person and the persons controlling such general partner, IDG-Accel China Growth Fund II Associates L.P., IDG-Accel
China Growth Fund GP II Associates Ltd., Chi Sing Ho and Quan Zhou acting together may also be deemed to have sole voting and dispositive
power with respect to these Shares.

(2) IDG-Accel China Investors II L.P. is
the record owner of these Shares. The Reporting Person and IDG-Accel China Investors II L.P. have the same ultimate general partner,
IDG-Accel China Growth Fund GP II Associates Ltd. By virtue of this, the Reporting Person may be deemed to be under common control
with IDG-Accel China Investors II L.P. and thus share voting and dispositive power with respect to these Shares.

(3) Based upon 1,882,073,063 Shares outstanding
as of December 31, 2014 as reported in the Issuer’s annual report on Form 20-F for the fiscal year ended December 31, 2014
filed on April 16, 2015.