WEBZEN TO SHOWCASE KINGDOM OF WARRIORS, OTHER
 

HIGHLY ANTICIPATED ONLINE GAMES AT CHINAJOY

SEOUL – July 26, 2006 – Global online entertainment company WEBZEN Inc. (NASDAQ: WZEN) announced today that it will showcase an unprecedented line-up of exciting massively multiplayer online role playing games (MMORPG) at ChinaJoy, China’s largest entertainment software show, July 28-30, 2006.  Headlining the show for WEBZEN is the epic fantasy MMORPG Kingdom of Warriors, which is being produced specifically for the exploding Chinese online gaming market.
 
Based on the classic Chinese novel Romance of the Three Kingdoms, Kingdom of Warriors is being developed by WEBZEN’s subsidiary, WEBZEN China, Co.  Testifying to the public’s overwhelming enthusiasm for WEBZEN’s titles, Kingdom of Warriors has consistently been ranked in the top five most anticipated games in the market, as compiled by China’s respected website 17173.com (www.17173.com).
 
WEBZEN will showcase Kingdom of Warriors along side its other dynamic online games, including the much-anticipated massively multiplayer online first-person shooter Huxley and Project Wiki, a casual fairy tale based MMORPG with intense levels of cooperative interaction.
 
In addition to WEBZEN’s unmatched diverse product showcase, Nam Ju Kim, CEO, WEBZEN Inc., is scheduled to give a special presentation at the convention on July 27, 2006.  His presentation to attendees, which will include many of the world’s most respected game industry icons and veterans and high-level Chinese government officials, will cover successful global strategies for video game companies.  
 
“I’m thrilled that our online games, including Kingdom of Warriors, have received such a great response from Chinese gamers and the local press,” said Nam Ju Kim.  “WEBZEN plans on stepping up its brand awareness in China through this year’s ChinaJoy, and solidifying its image as a global brand in the local market.”
 
WEBZEN invites gamers and other show visitors to stop by the publisher’s booth to play Kingdom of Warriors.  In addition, the company will host various other events in the booth, including games and prize giveaways.  WEBZEN’s booth is located in the center’s main exhibition area, Hall 1, at the Shanghai New International Expo Center (SNIEC).
 
About WEBZEN Inc.
 
Founded in 2000 and based in Seoul, Korea, WEBZEN Inc. (NASDAQ: WZEN) has become a leader in the MMOG market and has developed some of the world’s top online game and client/server technologies. WEBZEN is continuing the tradition of MU Online, which boasts more than 50 million registered users, with Soul of the Ultimate Nation and an array of exciting game titles slated for release in the world’s game market.  WEBZEN is also the first publisher in Korea to diversify into console platforms, including Xbox 360. In January 2005, WEBZEN announced its entry into the U.S. games market with a subsidiary, WEBZEN America, based in Los Angeles.  For more information on the company and its products, please head to www.webzen.com.

About WEBZEN China Co., Ltd.
 
WEBZEN China Co., Ltd. is the subsidiary of WEBZEN Inc., a global online interactive entertainment company.  Based in Shanghai, WEBZEN China launched in 2004 to develop localized online games and provide technical support and R&D for WEBZEN’s game services in China.  The studio’s highly anticipated massively multiplayer online role playing game (MMORPG) Kingdom of Warriors is slated for release in 2007.