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2007 8 8 NCsoft CORPORATION OK-san Bldg 157-33, Samsung-dong, Kangnam-gu, Seoul 135-090, KOREA Tel: +82-2-2186-3300 Fax : +82-2-2186-3550 Copyright NCsoft Corporation. All Rights Reserved WWW.NCSOFT.COM

Table of Contents 01. Disclaimer 02. Consolidated Company 03. Earnings Highlights 04. User Statistics 05. Appendix Parent Earnings 01 10 13

Disclaimer Disclaimer 2007 2.,.,,,.

Consolidated Company The consolidated company NCsoft (Controlling Company) NC Interactive (100%) Orion Soft (100%) ArenaNet (100%) J Interactive (100%) NC Europe (100%) NCRC (100%) NC Japan (60%) NCsoft Japan (100%) NC Taiwan (85%) NC China (100%) NC True(49%)

Earnings Highlights ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 75,882 84,715-10% 85,505-11% - 72,076 80,988-11% 79,689-10% - 3,806 3,727 2% 5,816-35% 65,279 67,648-4% 83,830-22% 10,603 17,067-38% 1,675 533% (%) 14% 20% 2% 14,571 19,773-26% 3,993 265% (%) 19% 23% 5% 10,562 14,121-25% -222 (%) 14% 17% - 1) 2006 2 Auto Assault (113) 2) NC Taiwan 2007 1. 06 2 NC Taiwan 18. 1/18

Earnings Highlights 2Q 07 1Q 07 3% 10% 10% ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 6% 17% 5% 59% 9% 3% 15% 4% 59% 48,503 53,698-10% 52,915-8% - 44,864 49,988-10% 47,177-5% - 3,639 3,710-2% 5,738-37% 1) 2Q 07 2Q 06 12,884 12,932 0% 15,749-18% 4,525 7,759-42% 9,340-52% 7,669 8,063-5% 7,501 2% 10% 6% 17% 5% 3% 59% 11% 18% 9% 7% 55% 2,302 2,263 2% - New 75,883 84,715-10% 85,505-11% NC Taiwan 2007 1. 1) 06 2 NC Taiwan 18. 2/18

Earnings Highlights 2Q 07 1Q 07 11% / 9% II 45% 35% 0% 14% / 7% II 41% 38% ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 25,503 30,408-16% 28,510-11% II 32,080 32,814-2% 28,355 13% 1) CoH / CoV 6,370 5,954 7% 5,532 15% 8,264 11,542-28% 16,389-50% 2Q 07 2Q 06-141 270-152% 903-116% 11% / 9% II 45% 35% 21% 1% / 7% II 36% 35% 72,076 80,988-11% 79,689-10% 2007 2 (-3.8). 1) 06 2 NC Taiwan II 17, 0.2. 3/18

Earnings Highlights ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 3,168 3,276-3% 3,393-7% 3,022 3,167-5% 3,278-8% 130 95 37% 95 37% 16 14 14% 20-20% 460 428 7% 2,299-80% - - NM 1,743 NM 166 134 24% 230-28% 294 294 0% 326-10% - - NM 24 NM - - NM 24 NM 178 23 674% 100 78% 3,806 3,727 2% 5,816-35% (*),. 4/18

Earnings Highlights ( + ) ( : ) 2Q 07 1Q 07 QoQ(%) % of total sales % of total cost 2Q 06 YOY(%) 34,058 35,377-4% 45% 52% 30,456 12% 7,301 8,649-16% 10% 11% 8,104-10% - 967 1,116-13% 1% 1% 763 27% - 2,496 2,572-3% 3% 4% 2,026 23% - 1,251 1,898-34% 2% 2% 1,946-36% - (Box) 1,716 2,159-21% 2% 3% 2,257-24% - 870 904-4% 1% 1% 1,112-22% 2,623 2,015 30% 3% 4% 8,150-68% & (*) 4,751 4,593 3% 6% 7% 6,923-31% (*) 16,546 17,014-3% 22% 25% 30,197-45% : 65,279 67,648-4% 86% 100% 83,830-22% (*) 06 2 & Auto Assault 10. (*) 06 2 Auto Assault 103. 5/18

Earnings Highlights ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) NC China 926 659 41% 965-4% (RMB Mn 7.7) (RMB Mn 5.5) (RMB Mn 8.1) NC True 447 437 2% 612-27% (Baht Mn 15.7) (Baht Mn 15.8) (Baht Mn 24.6) 1,373 1,096 25% 1,577-13% 6/18

Earnings Highlights ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) (206) (296) (17) (69) (89) (17) (137) (207) - New (279) (985) (979) NC Taiwan (*) - - - 352 - NC China (226) (613) (47) NC True (85) (171) (874) NCRC 71 57 25% (410) NCsoft Japan (39) (258) - New (485) (1,281) (996) (*) NC Taiwan 2007 1. 7/18

Game Launch Schedule 2007 10/31 3 Action FPS SP JAM 3 Snowboarding D - RPG - / (Eye of the North) - 8/31 (In-game item sales) 8/18

Earnings Highlights Consolidated Balance Sheet (Unit : W Mn) 2Q 07 1Q 07 Change 527,069 523,164 3,905 382,753 378,764 3,989 ( 55,259 46,371 8,888 ( 248,490 250,000-1,510 ( 36,196 43,088-6,892 144,316 144,400-84 ( 8,422 10,649-2,227 ( 102,235 99,246 2,989 83,243 84,490-1,247 76,707 78,331-1,624 6,536 6,159 377 ( ) - - - 443,825 438,674 5,151 ( 10,202 10,202 0 9/18

User Statistics ( ) 2007 6 43 43 43 43 43 43 45 45 45 151,113 150,863 187,786 161,038 144,109 138,733 144,430 149,034 120,012 1,166,001 1,220,491 1,627,159 788,180 746,291 716,772 775,579 733,593 583,426 257,385 256,758 309,452 299,313 262,019 266,564 302,469 287,058 224,664 36 36 38 39 40 40 40 40 40 138,623 135,731 134,462 157,365 159,309 168,218 177,571 193,119 192,546 475,066 428,152 472,156 470,855 434,623 445,636 423,212 428,845 417,365 6 6 6 6 6 6 6 6 6 13,498 12,550 14,534 12,448 12,836 12,643 10,599 12,016 10,339 68,182 69,538 74,671 76,027 69,641 76,191 80,019 79,252 48,083 10 10 10 10 11 11 11 11 11 12,564 14,586 14,149 18,376 20,399 17,246 19,551 20,705 25,354 108,388 140,422 110,182 152,466 139,669 107,644 117,407 126,479 132,758 3 3 3 3 3 3 3 3 3 2,205 1,844 2,200 2,224 2,311 2,780 3,732 3,205 3,077 8,586 6,760 9,059 9,759 9,685 9,727 11,953 9,202 9,093 * : ( ) * : 1 unique * : 10/18

User Statistics ( II) 2007 6 32 33 33 33 33 33 33 33 31 104,900 109,814 119,345 116,897 110,183 97,558 113,369 123,332 124,566 926,535 944,372 730,837 531,701 508,041 499,894 482,173 460,974 440,509 151,997 165,239 174,170 179,298 174,582 165,558 187,005 192,165 187,570 22 22 22 22 22 22 22 22 22 87,722 68,617 71,301 78,550 72,713 66,497 55,571 46,768 50,950 240,911 238,620 198,795 205,661 171,408 160,316 123,006 112,244 111,263 10 10 10 11 11 12 12 12 12 39,727 35,381 40,088 44,631 48,843 50,188 52,684 49,268 49,693 104,797 102,774 105,097 111,046 111,569 112,670 113,774 116,239 109,249 44 21 22 23 15 17 15 15 12 86,463 54,353 43,026 37,806 18,438 18,085 16,888 15,238 16,594 424,355 358,305 354,395 299,675 212,173 204,269 180,584 183,049 126,878 9 9 9 9 9 10 10 10 10 22,493 23,923 28,309 32,767 32,099 42,287 32,732 32,767 31,465 66,138 66,975 76,435 89,337 83,221 94,000 105,039 87,652 84,720 10 10 8 4 5 5 5 5 6 15,714 13,567 10,202 11,000 7,941 7,616 6,596 5,903 7,232 51,810 75,545 59,938 64,920 52,516 45,778 31,727 30,416 31,637 11/18

User Statistics ( / ) 2007 6 15 15 15 15 15 15 15 15 15 20,911 22,340 23,730 23,699 22,274 21,500 17,728 14,767 26,669 162,922 150,068 194,000 171,951 171,000 172,420 154,953 143,127 153,331 ( ) 2007 6 650,000 1,000,000 1,270,000 1,490,000 2,080,000 2,447,000 3,122,000 3,555,000 3,917,000 12/18

Appendix Parent Earnings & ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 52,155 57,473-9% 55,508-6% - 44,863 49,987-10% 47,177-5% - 7,292 7,486-3% 8,331-12% 42,017 43,910-4% 43,035-2% 10,139 13,563-25% 12,473-19% (%) 19% 26% 22% 13,377 18,307-27% 2,996 346% (%) 26% 35% 5% 10,562 14,121-25% -222 (%) 20% 27% - * : 06 2 Auto Assault 13/18

Appendix Parent Earnings - ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 23,776 28,828-18% 26,814-11% PC 4,045 5,881-31% 5,093-21% 19,731 22,947-14% 21,721-9% II 20,954 21,046 0% 20,160 4% PC 5,254 5,822-10% 6,009-13% 15,700 15,224 3% 14,151 11% 133 113 18% 203-34% 44,863 49,987-10% 47,177-5% 14/18

Appendix Parent Earnings ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) 3,534 3,681-4% 3,826-8% 3,022 3,167-5% 3,278-8% 267 292-9% 352-24% 130 95 37% 95 37% 99 113-12% 81 22% 16 14 14% 20-20% II 3,645 3,685-1% 4,435-18% 971 878 11% 1,743-44% 1,447 1,614-10% 1,419 2% 166 134 24% 230-28% & 767 765 0% 717 7% 294 294 0% 326-10% 102 114-11% 48 113% 40 46-13% 24 67% 62 68-9% 24 158% 11 6 83% 22-50% 7,292 7,486-3% 8,331-12% 15/18

Appendix Parent Earnings ( + ) ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YOY(%) 24,950 25,914-4% 48% 59% 21,415 17% 3,528 4,323-18% 7% 8% 3,459 2% - 37 65-43% 0% 0% 0 NM - 1,599 1,774-10% 3% 4% 1,159 38% - 1,251 1,898-34% 2% 3% 1,946-36% - 641 586 9% 1% 2% 354 81% 1,741 1,299 34% 3% 4% 4,740-63% & 2,157 2,023 7% 4% 5% 2,897-26% (*) 9,641 10,351-7% 18% 23% 10,524-8% : 42,017 43,910-4% 81% 100% 43,035-2% 16/18

Appendix Parent Earnings, ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) NC Interactive 13,214 13,168 0% 16,207-18% ($Mn 14.3) ($Mn 14) ($Mn 17.0) ArenaNet 2,298 3,444-33% 3,602-36% ($Mn 2.5) ($Mn 3.6) ($Mn 3.7) NC Japan 7,668 8,063-5% 7,501 2% (JPY Mn 996) (JPY Mn 1,025) (JPY Mn 903.9) NC Taiwan 2,302 2,263 2% 4,077-44% (TW Mn 82.1) (TW Mn 79.3) (TW Mn 141.1) NC Europe 4,525 7,759-42% 9,340-52% ( Mn 2.4) ( Mn 4.2) ( Mn 5.4) NC China 926 659 41% 965-4% (RMB Mn 7.7) (RMB Mn 5.5) (RMB Mn 8.1) NC True 447 437 2% 612-27% (Baht Mn 15.7) (Baht Mn 15.8) (Baht Mn 24.6) 31,380 35,793-12% 42,304-26% 17/18

Appendix Parent Earnings ( : ) 2Q 07 1Q 07 QoQ(%) 2Q 06 YoY(%) (206) (296) (17) (69) (89) (17) (137) (207) - New (716) 1,111 (3,439) NC Interactive 3,030 2,226 36% (1,894) NC Japan 475 729-35% 1,376-65% ArenaNet (2,638) (759) (1,295) NC China (226) (613) (47) NC Taiwan (562) (806) 352 NC Europe (742) 706 (647) NC True (85) (171) (874) NCRC 71 57 25% (410) NCsoft Japan (39) (258) - New (922) 815 (3,456) 18/18