NCsoft Enters European Market

NCsoft Europe Established in London, UK; One Step Closer To Building A Global Network For Online Game Service

Monday 19 July 2004/... NCsoft[sup]™[/sup] Corporation (www.ncsoft.net) held a board of directors meeting and passed a resolution to enter the European market through the creation of NCsoft Europe. As a result of this resolution from the board of directors meeting, NCsoft is planning to establish a 100% subsidiary company called NCsoft Europe with an investment of £3,223,470 (GBP) (about $6 million US, 70 Billion Won in Korean currency), in London, UK.