Karos Online

London/Seoul -- June 10th 2010 -- NHN Corporation, Korea's top Internet company, is pleased to announce that following an agreement with the international payment solution provider Wallie, players of its free-to-play online fantasy game Karos Online are now able to pay for premium game content using Wallie-cards. Wallie prepaid cards are a simple and secure method of making online payments, requiring only the card's unique code to complete transactions -- no need to provide credit card or bank account details. There are no age limits on the use of Wallie-cards/e-vouchers, and they can be purchased from a wide selection of partner A-brand stores, as well as online at www.wallie.com.

Karos Online is a Massively Multiplayer Online Role Playing Game (MMORPG) in which players take the role of a hero fighting for honor and glory in the beautiful but troubled world of Asmara. With a strong role-playing element, a wide range of character skills and fantastic visual effects, Karos Online offers a rich player experience and an exciting end-game including castle sieges and resource control points. Karos Online is available to download and play now at www.karosgame.com .

"We feature only the most convenient and secure payment solutions in the Karos cash shop, and Wallie ticks those boxes. Wallie-card is a very welcome option for our European players," says Dongmin Lee, Director of International Business at NHN Corporation.

"Because we are committed to excluding clients from the gambling and adult industry, we are considered to be a highly ethical business partner. This gives us a strong competitive position in the market for payment solutions," says Annewytske Weber, Director Sales & Marketing of Wallie. "We're happy to have NHN Corporation as a partner, and look forward to providing their players with convenience and peace of mind when they buy Karos items with Wallie-cards."

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About Wallie

Wallie-card is a payment method card for internet payments which can be used to purchase a wide variety of content for online communities and games, including Runescape, Habbo, Stardoll, and many others. Cards of various denominations can be purchased online and at petrol stations, newspaper kiosks, electronics stores, food chains and other outlets; their unique codes can then be used online. Wallie-card transactions are safe, simple, anonymous and not connected to offensive content!

Since 2003, Wallie has grown from a small company based in the Netherlands to an international distributor of pre-paid cards with millions of transactions. The Wallie payment method is implemented in over 1600 popular games based in 76 countries.

For more information about Wallie, please visit www.wallie.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.