New Conan movie to go into production in early 2007

Durham, USA - June 15, 2006 - Funcom points to an announcement from Paradox Entertainment where plans related to an upcoming Conan movie from Warner brothers are revealed and confirmed. According to Paradox Entertainment the deal may include several Conan movies.

Boaz Yakin has been hired as scriptwriter on the upcoming movie. He is known for titles like 'Remember the Titans' and 'The Rookie'. One of the producers will be Akira Goldsman, known for titles like 'Mr. and Mrs. Smith', 'Cinderella man', 'DaVinci code' and the Oscar-winning 'A Beautiful mind', while additional producers include Irving Azoff, Jon Jashni and Richard Alexander. A director for the movie is to be selected this autumn.

"We are of course very happy to see that Warner Brothers are moving ahead with one, and potentially several, new Conan movies. We believe that this will further strengthen the Conan brand worldwide. The global fan-base of Conan will likely increase significantly and the marketing efforts of a Hollywood movie will have a very positive effect on all licensees working with the Conan brand, Funcom's Massively Multiplayer Online Game (MMO), 'Age of Conan', included." said Trond Arne Aas, CEO of Funcom.

Funcom has the exclusive worldwide rights to make MMOs on the Conan license up until 2023.

More information about the MMO 'Age of Conan', screenshots, forums, newsletter sign-up and a welcoming community portal can be found on the official website www.ageofconan.com.

ABOUT AGE OF CONAN - HYBORIAN ADVENTURES - In 'Conan' the players will encounter a lush, brutal and sinful universe, presented in fantastic graphics and stunning 7.1 surround audio. In a world filled with cruel gods, mythical creatures, lost civilizations and a struggling human race, the mighty barbarian has finally seized the throne as king of Aquilonia. But Conan's rule is on the brink of chaos, spiraling towards the doom of ancient evils. In this twisted fantasy world, dark magic and brutal combat lurks around every corner, and each man and woman must carve their own unique destiny under Conan's reign. In the true vision of Robert E. Howard's dark universe it's now time for you to become a messenger of death.

ABOUT FUNCOM - Funcom is an independent developer and publisher of online games for PC, consoles and mobile platforms. Funcom has provided outstanding entertainment since 1993 and continues to expand its track-record of more than twenty released games. Recent successes include 'The Longest Journey', 'Anarchy Online' and 'Dreamfall: The Longest Journey'. For corporate information please visit www.funcom.com. For information about Funcom games visit www.anarchy-online.com , www.dreamfall.com or www.ageofconan.com . Funcom is listed on the Oslo Stock Exchange under the ticker FUNCOM.

ABOUT CONAN PROPERTIES INTERNATIONAL - Conan Properties International, a wholly owned subsidiary of Paradox Entertainment Inc., controls all rights to Conan, associated characters and the Hyborian world, as created by Robert E.