X0202 5 2005-12-31 0 1 0000815017 PACIFICNET INC PACT 0001314116 Goodwin Jeremy C/O PACIFICNET, INC. 23/F TOWER A TIMECOURT NO 6 SHUGANG XILI CHAOYANG DISTRIC BEIJING CHINA 100028 1 0 0 0 Option to purchase common stock 6.57 2005-02-25 4 A 0 L 10000 A 2009-02-25 Common Stock 10000 10000 D Option to purchase common stock 6.80 2005-05-03 4 A 0 L 10000 A 2009-05-03 Common Stock 10000 10000 D Option to purchase common stock 6.35 2005-11-21 4 A 0 L 8000 A 2009-11-21 Common Stock 8000 8000 D The options are subject to a vesting schedule of 10% per month commencing January 1, 2006. Currently, the option is exercisable with respect to 8,000 shares. The options are subject to a vesting schedule of 10% per month commencing July 1, 2006. Currently, the option is exercisable with respect to 2,000 shares. The options are subject to a vesting schedule of 10% per month commencing September 1, 2006. Currently, none of the options are vested. No consideration paid. Options issued as payment for serving as Director. /s/ Jeremy Goodwin, Director 2006-08-21