JANA PARTNERS COMMENTS ON CNET REORGANIZATION

NEW YORK, March 27, 2008 - Following an announcement by CNET Networks, Inc.
(Nasdaq: CNET) that it has assembled a "task force" to evaluate fundamental
operating issues, JANA Partners LLC Managing Partner Barry Rosenstein issued the
following statement:

         It  is  astounding  that  it  has  taken  years  of  shareholder  value
         destruction  for CNET to even start  examining  the basics of reversing
         its ongoing underperformance, and even then only after we began calling
         for change.  Fundamental  issues like these that we have raised  should
         have been addressed years ago.

         Although  CNET has  belatedly  said it will examine  these  fundamental
         issues,  shareholders should ask themselves whether there is any reason
         to believe that the current  leadership  will do so  successfully.  The
         current  board of directors has presided over an almost 50% stock price
         decline in the last two years  through  yesterday,  yet they  failed to
         demonstrate  any sense of urgency to address  these basic  issues until
         publicly  called on to do so. CNET's board of directors and much of its
         senior  management  team,  including  its CEO and the head of its "task
         force",  also lack the  necessary  sector  experience  and expertise to
         address these issues and future challenges effectively.

         We agree that CNET has failed to address these issues  historically and
         that change is needed.  Rather than farming out the  challenges  facing
         CNET to a "task  force"  led by its CFO,  we think a better  plan is to
         bring  the  necessary  experience  and  expertise  to  CNET's  board of
         directors,  who can  work  with  management  to  address  these  issues
         decisively and effectively going forward.  This is why we have proposed
         new board members who we believe  possess the  experience and expertise
         to  bring  effective   change  to  CNET  and  maximize  value  for  all
         shareholders.

BACKGROUND

JANA has joined with Sandell Asset Management Corp.  ("Sandell"),  Paul Gardi of
Alex Interactive Media, Spark Capital and Velocity  Interactive Group in seeking
to elect two individuals to replace the board members who are up for re-election
at CNET's 2008  stockholders  meeting and to expand CNET's board by five members
and nominate  individuals to fill those vacancies.  Collectively these investors
hold  approximately  14.9% of CNET's  voting  stock.  JANA and Sandell also have
separate non-voting economic interests of approximately 5% and 3%, respectively.

JANA Partners LLC is a multi-billion  dollar investment  management firm founded
in 2001 by Barry Rosenstein. JANA has on numerous occasions, alone or with other
shareholders,  challenged  management  to focus on creating  shareholder  value,
including   with  respect  to  Kerr-McGee   Corporation,   Time  Warner,   Titan
International, TD Ameritrade and The Houston Exploration Company.

Sandell Asset  Management  Corp.,  is a multi-billion  dollar global  investment
management firm, founded by Thomas E. Sandell,  that focuses on global corporate
events and  restructurings  throughout North America,  Continental  Europe,  the
United Kingdom, Latin America and the Asia-Pacific theatres.  Sandell frequently
will take an "active  involvement"  in  facilitating  financial or  organization
improvements accruing to the benefit of investors.





Alex  Interactive  Media, LLC ("AIM") is a private company focused on leveraging
its domain expertise in digital media and related industries.

Spark  Capital is a venture  capital  fund focused on building  businesses  that
transform the  distribution,  management and  monetization of media and content,
with experience in identifying and actively building market-leading companies in
sectors including infrastructure (Qtera,  RiverDelta,  Aether Systems,  Broadbus
and BigBand), networks (College Sports Television,  TVONE and XCOM) and services
(Akamai and the Platform). Spark Capital has over $600 million under management,
and is based in Boston, Massachusetts.

Velocity  Interactive  Group,  LLC is an investment firm that focuses on digital
media and communications.  Velocity  Interactive Group has offices in Palo Alto,
Los Angeles and New York.

ALL  STOCKHOLDERS OF CNET ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT AND
OTHER  DOCUMENTS  RELATED TO THE  SOLICITATION  OF PROXIES BY THE  INVESTORS AND
NOMINEES NAMED ABOVE (THE  "PARTICIPANTS") FROM THE STOCKHOLDERS OF CNET FOR USE
AT THE 2008 ANNUAL MEETING OF  STOCKHOLDERS  OF CNET WHEN THEY BECOME  AVAILABLE
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.  WHEN COMPLETED, THE DEFINITIVE
PROXY  STATEMENT  AND FORM OF PROXY WILL BE MAILED TO  STOCKHOLDERS  OF CNET AND
WILL,  ALONG WITH OTHER  RELEVANT  DOCUMENTS,  BE  AVAILABLE AT NO CHARGE ON THE
SEC'S WEB SITE AT HTTP://WWW.SEC.GOV. IN ADDITION, THE PARTICIPANTS IN THE PROXY
SOLICITATION  WILL PROVIDE  COPIES OF THE  DEFINITIVE  PROXY  STATEMENT  WITHOUT
CHARGE UPON REQUEST.  INFORMATION  RELATING TO THE  PARTICIPANTS IS CONTAINED IN
EXHIBIT 2 TO THE  SCHEDULE 14A FILED BY THE  PARTICIPANTS  WITH THE SEC ON MARCH
13, 2008.