X0202 5 2004-12-31 0 1 0000815017 PACIFICNET INC PACT 0001275837 WANG PETER C/O PACIFICNET INC. 23/F, TOWER A TIMECOURT, NO. 6 SHUNGANG XILI CHAOYANG DISTRICT, BEIJING F4 100028 CHINA 1 0 0 0 Option to purchase common stock 2.00 2004-07-26 4 A 0 L 5000 A 2007-07-26 Common Stock 5000 5000 D The options are subject to a vesting schedule of 10% per month commencing July 1, 2005. Currently, the option is fully vested and exercisable. No consideration paid. Options issued as payment for serving as director. /s/ Peter Wang, Director 2006-08-25