NetQin Mobile Inc. Announces Pricing of Initial Public Offering on the NYSE

May 05, 2011

BEIJING, May 5, 2011 /PRNewswire via COMTEX/ – NetQin Mobile Inc. (“NetQin” or “the Company”) (NYSE: NQ), a leading provider of consumer-centric mobile security and productivity applications, today announced that its initial public offering of 7,750,000 American depositary shares (“ADSs”), each representing five Class A common shares of the Company, was priced at $11.50 per ADS, with a total offering size of US$89.125 million, assuming no exercise of the over-allotment option. The ADSs will begin trading on the New York Stock Exchange on May 5, 2011 under the symbol “NQ.”

Piper Jaffray & Co. acted as sole bookrunner and Oppenheimer & Co. and Canaccord Genuity acted as co-managers for the offering. The underwriters have been granted a 30-day option to purchase up to 1,162,500 additional ADSs to cover over-allotments.

NetQin’s registration statement relating to these securities has been declared effective by the United States Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.