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Phoenix New Media to Announce Fourth Quarter and Fiscal Year 2016 Financial Results on Monday, March 13, 2017

Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced that it will report its fourth quarter and fiscal year 2016 financial results on Monday, March 13, 2017 after the market closes. The earnings release will be available on ifeng's investor relations website athttp://ir.ifeng.com.

Following the earnings release, ifeng's management team will hold a conference call on Monday, March 13, 2017 at 9:00 p.m.

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