Karos Online

• Karos Online players can now purchase premium game content with paysafecard, Europe’s most popular voucher for online purchases.

• The new free-to-play multiplayer online game by NHN Corporation is available to download and play at www.karosgame.com.

Vienna/Seoul - April 15th, 2010 - NHN Corporation, Korea‘s number one internet company, announced today that players of its new free-to-play 3D MMORPG Karos Online now have the option to purchase premium game content using the voucher paysafecard. paysafecard is Europe’s leading prepaid voucher for payments on the internet, making online purchases as easy as using cash. It is designed for users who do not have a credit card or do not want to use their credit card for online purchases. The 16 digit pin code printed on the paysafecard is all that is needed to make a transaction. paysafecard is available at more than 280,000 outlets throughout Europe and South America.

Karos Online is a massively multiplayer online game (MMO) in which players take the role of a hero fighting for honour and glory in the beautiful but troubled world of Asmara. With a strong RPG component, a wide range of class skills and fantastic visual combat effects, Karos Online offers a rich player experience and an exciting end-game for guilds, including castle sieges and resource control points. Karos Online is available to download and play at www.karosgame.com.

"We want to ensure that buying from the Karos Online item shop is an easy, pleasant experience for players, and paysafecard group shares that goal with us," says Dongmin Lee, Director of International Business at NHN Corporation.

"We are glad to be partner of the new Karos Online item shop," says Michael Mueller, CEO of paysafecard group. "paysafecard provides a simple, fast and secure way to pay for online games, and we are sure that Karos Online players will appreciate this option to purchase premium content."

About paysafecard group

Over the past ten years, paysafecard have established themselves as Europe’s favourite safe and easy-to-use alternative prepaid payment method for e-commerce. It is available in 24 countries worldwide. The smart payment solution is designed for users who don’t have a credit or debit card or who don’t want to use their credit card for online purchases and other micro payments on the Internet. Users simply authorize a payment by entering a 16-digit PIN code, similar to the system used with prepaid phone cards. Thousands of e-businesses are benefiting from new customers by offering this safe and uncomplicated payment solution. paysafecard is available in € 10, € 25, € 50 and € 100 e-vouchers at more than 280,000 outlets across Europe and South America.

The company focuses on online games. Well established brands such as NC Soft, Gameforge, Gamigo, Mindark, CCP, Gala, Bigpoint, Frogster, K2, Aeria Games, NHN, King.com, Miniclip, and many more are already offering paysafecard as payment method.

In 2009, paysafecard group was awarded ‘Best Prepaid Company outside the USA' by the global prepaid industry publication Paybefore, and won the 'Leading Prepaid Organisation 2009' award at the Prepaid Awards in London. paysafecard group is based in Vienna, Austria.

For more information about paysafecard, please visit www.paysafecard.com.

About NHN Corporation

NHN Corporation (KOSDAQ KOSPI: 035420) was established in 1999 and is currently the leading multi-national internet company in Korea, operating internet search portal and gaming services in Korea, Japan and China. Its products include Naver, Korea’s largest search portal with more than 17 million unique daily visitors, and leading Korean portal Hangame, which brought KRW 366.7 billion (206 million €) in revenue in 2008, a 51% increase versus 2007.

For more information about NHN, please visit www.nhncorp.com.