Nexon and Crytek Sign Publishing Deal for Warface®

Online FPS will be marketed and operated in

South-Korea and Taiwan

Seoul (South-Korea) / Frankfurt (Germany), February 29, 2012 - Nexon Korea Corporation ("Nexon") announced today that Nexon and Crytek GmbH ("Crytek") signed a publishing deal for Crytek's next- generation online first-person shooter (FPS) game, "Warface." With this agreement, Nexon obtained the publishing license of "Warface" for South-Korea and Taiwan and will operate and market the game. "Warface" is Crytek's first online FPS and is based on Crytek's critically acclaimed CryENGINE® 3 game development solution. The game offers next generation visuals, AI and physics in a near-future military setting.

Min Seo, CEO of Nexon Korea Corporation said, "We are very pleased to publish the first online game of Crytek, leaders in high-quality FPS games. With our experience and knowledge in running online FPS games, we will do our best to present top-notch environments for users to enjoy high-quality gameplay sessions."

"We're excited to bring 'Warface' to Korea and Taiwan together with Nexon, the best partner we could have wished for. Nexon's experience in running games-as-service combined with our high production values and hardcore gaming DNA, we believe we can revolutionize the genre that has been invented in Korea. ," said Cevat Yerli, Founder, CEO & President of Crytek.

About Nexon Korea Corporation.

Nexon Korea Corporation is the Korean operation arm of NEXON Co. Ltd. (TSE: 3659.TO), a worldwide leader in free-to-play online games headquartered in Tokyo, Japan. Founded in 1994, Nexon Korea Corporation developed one of the world's first graphics-based massively multiplayer online games and also pioneered the concept of microtransactions in the free-to-play business model, being one of the first companies to understand and capitalize on the opportunity to provide deeply immersive online games for a global audience. Its world-class creative development studios have produced some of the most successful online game titles in video game history, including the popular franchise MapleStory, KartRider, Dungeon & Fighter, Counter Strike Online, Mabinogi and Sudden Attack, and is continually experimenting with new genres and format, enabling Nexon to regularly introduce groundbreaking new games.

Picture is available via epa european pressphoto agency and can be downloaded free of charge at: http://ots.de/9XGva

About Crytek GmbH: http://www.crytek.com/company


Jens Schaefer Franziska Lehnert

Senior PR Manager PR Manager

jens@crytek.com franziska@crytek.com

Phone: +49 69 219 77 66 1071 Phone: +49 69 219 77 66 1222