Hangzhou, August 2, 2007 - The Alibaba Group, a global e-commerce leader and the largest e-commerce company in China, today announced the appointment of Timothy A. Steinert as general counsel. Mr. Steinert was previously a partner of Freshfields Bruckhaus Deringer.

Jack Ma, Chairman and Chief Executive Officer of Alibaba Group said, "We are delighted to welcome someone of Tim's caliber and experience. I am confident that he will play an important role as Alibaba Group continues to build a global e-commerce company serving customers around the world."

Mr. Steinert has over 17 years of experience practicing law based in Mainland China, Hong Kong and New York. Since 1999, he has been a corporate partner at Freshfields in Hong Kong, where he focused on overseas IPOs of Chinese companies and cross-border mergers and acquisitions. Prior to Freshfields, Mr. Steinert practiced with Davis Polk & Wardwell in Hong Kong and New York and with Coudert Brothers in Beijing and New York.

He is a member of the New York bar and is a qualified solicitor in Hong Kong. Mr. Steinert graduated from Yale College and holds a juris doctor degree from Columbia University School of Law. He is married with two children.