TAOM Taomee Holdings Limited American Depositary Shares (Each Representing 20 Ordinary Shares)

SHANGHAI, May 21, 2012 /PRNewswire-Asia/ -- Taomee Holdings Limited ("Taomee", NYSE: TAOM), a leading children's entertainment and media company in China, today announced that it will host its first quarter earnings conference call and live webcast at 8:00 p.m. Eastern Time (New York) on Wednesday, May 30, 2012 (which is 8:00 a.m. in China on Thursday, May 31, 2012).

The dial-in details for the live conference call are:

The live webcast and archive of the conference call will be available on the Investor Relations section of Taomee's website at http://ir.taomee.com/phoenix.zhtml?c=243417&p=irol-eventDetails&EventId=4728668

A telephone replay of the call will be available after the conclusion of the conference call at 11:00pm Eastern Time on May 30, 2012 through 10:00 a.m. Eastern Time, June 6, 2012. The dial-in details for the telephone replay are:

About Taomee Holdings Limited

Taomee Holdings Limited is one of the leading children's entertainment and media companies in China driven to deliver exceptional entertainment to children and families. Founded in 2007, Taomee is one the first companies in Greater China to develop animated franchises for children through online virtual world that are both fun and educational. The Company's virtual worlds are widely trusted by millions of parents and caregivers across Asia. The Company's Mole's World and Seer franchises and characters have reached millions of children and families through virtual worlds, books, monthly print magazines, mobile applications, animated television series and movies. For more information, please visit: http://www.taomee.com/en_taomee.html

• Visit online virtual world communities at www.61.com
• Watch animations and films at http://v.61.com/
• Download mobile games and applications at http://m.61.com/
• Share with other children on SNS at http://bus.61.com/

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Further information regarding these and other risks is included in Taomee's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1, as amended from time to time. Taomee does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For investor and media inquiries, please contact:

Na You

Taomee Entertainment Network

+86-21-61280056-8578

ir@taomee.com

SOURCE Taomee Holdings Limited