Nexon and Valve Partner to Launch Dota 2 in Korea and Japan

  Nexon and Valve Partner to Launch Dota 2 in Korea and Japan

Business Wire

TOKYO -- November 08, 2012

NEXON Co., Ltd. (3659.TO) (“Nexon”), a worldwide leader in free-to-play online
games, today announced an agreement with Valve Corporation, a leading
entertainment software and technology company based in the United States, to
publish Dota 2 in Korea and Japan.

Dota 2, developed by Valve with legendary designer IceFrog, is the sequel to
the genre defining game that has become one of the most played games in the
world and a leading title at e-sports tournaments around the world.

“We are very excited about working with Valve to publish Dota 2 and build on
the worldwide momentum of the highly successful franchise. We look forward to
providing players in Japan and Korea the opportunity to experience this
exciting new game,” said Min Seo, CEO of Nexon Korea Corporation.

Gabe Newell, President of Valve Corporation, said, “Nexon, a company with whom
we have a long and strong relationship, was clearly the right choice as a
publisher to successfully deliver Dota 2 into the Korean and Japanese market.
Partnering with Nexon will allow us to deliver Dota 2 to a massive audience of
Asian gamers via a premium service.”

In Dota 2, the primary objective is for teams to destroy their opponents’
fortified strongholds by controlling a “Hero” character. Powered by the
updated Source engine, Dota 2 will deliver amazing high quality graphics,
advanced matchmaking and more while maintaining the perfect game balance
aspects of its predecessor. Dedicated franchise fans can look forward to
seeing the masterful work of famed Dota developer IceFrog, who is also
contributing to the development of DOTA2.

NEXON Co., Ltd.

NEXON Co., Ltd. (“Nexon”) (3659.TO) is a worldwide leader in free-to-play
online games. Founded in Korea in 1994, Nexon developed one of the world's
first graphics-based massively multiplayer online games. Nexon also pioneered
the concept of microtransactions in the free-to-play business model, setting a
new standard in which play is free, and users have the option to purchase
in-game items to enhance their experience. Nexon currently services more than
60 online games in more than 100 countries and since its founding, Nexon has
generated more than 1.3 billion player registrations. The Company is
headquartered in Tokyo, Japan and its shares are listed on the Tokyo Stock

Valve Corporation

Valve Corporation is a game, software developer headquartered in Washington
Bellevue since 1996. In 1998, FPS game, ‘Half-life®’ was released and drew
attention of gamers worldwide. Since the launch, ‘Half-life ®', received over
50 ‘Best PC Game of the Year’, and the year of 1999, 2001, 2005, the
bestselling game magazine worldwide, ‘PC Gamers’, awarded the game as the
“Best PC Game ever”. Valve become recognized for its development capability by
introducing ‘Counter-Strike ®', 'Half-Life 2’, ‘Team Fortress 2’, 'Portal 2'.
Approximately 70 million copies of these titles were sold worldwide. Not only
with its game titles, Valve is also known as the developer of popular 3D
‘Source ®’ game engine and services its online platform ‘Steam ®' for 50
million users worldwide. Valve is currently under development of ‘Dota 2’.

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NEXON Co., Ltd.
Owen Mahoney, Chief Financial Officer, 03-3523-7910
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