Ctrip reports

SHANGHAI, May 11 /PRNewswire-Asia/ -- Ctrip.com International, Ltd.
(Nasdaq: CTRP), a leading travel service provider for hotel accommodations,
airline tickets and packaged tours in China, today announced its unaudited
financial results for the quarter ended March 31, 2009.
   Highlights for the First Quarter of 2009

   -- Net revenues were RMB401 million (US$59 million) for the first quarter
      of 2009, up 18% year-on-year.
   -- Gross margin was 78% for the first quarter of 2009, compared to 80% in
      the same period in 2008.
   -- Income from operations was RMB135 million (US$20 million) for the first
      quarter of 2009, up 23% year-on-year.  Excluding share-based
      compensation charges (non-GAAP), income from operations was RMB162
      million (US$24 million), up 13% year-on-year.
   -- Operating margin was 34% in the first quarter of 2009, compared to 32%
      in the first quarter of 2008.  Excluding share-based compensation
      charges (non-GAAP), operating margin was 40%, compared to 42% during
      the same period in 2008.
   -- Net income was RMB121 million (US$18 million) in the first quarter of
      2009, up 23% year-on-year.  Excluding share-based compensation charges
      (non-GAAP), net income was RMB148 million (US$22 million), up 12%
      year-on-year.
   -- Diluted earnings per ADS were RMB1.79 (US$0.26).  Excluding share-based
      compensation charges (non-GAAP), diluted earnings per ADS were RMB2.18
      (US$0.32).
   -- Share-based compensation charges were RMB27 million (US$4 million),
      accounting for 7% of the net revenues, or RMB0.4 (US$0.06) per ADS, for
      the first quarter of 2009.