[February 20, 2013]

Nexon Announces First Cash Dividend

NEXON Co., Ltd. ("Nexon") (3659.TO), a worldwide leader in free-to-play online games, today announced that its Board of Directors has approved the Company's first cash dividend of 5 JPY per common share since its initial public offering on December 14, 2011. The cash dividend will be paid on March 27, 2013 to all shareholders of record as of the close of business on December 31, 2012.

Nexon's solid cash position and strong operating cash flow enable the Company to invest in areas that will continue to build on its position as a global leader in free-to-play online games, while also reurning cash to shareholders.

Future dividends will be subject to Board approval.

About NEXON Co., Ltd. http://company.nexon.co.jp/

NEXON Co., Ltd. ("Nexon") (3659.TO) is a worldwide leader in free-to-play online games. Founded in Korea in 1994, Nexon developed one of the world's first graphics-based massively multiplayer online games. Nexon also pioneered the concept of microtransactions and the free-to-play business model, setting a new standard in which play is free, and users have the option to purchase in-game items to enhance their experience. Nexon currently services more than 60 online games in more than 100 countries and since its founding, Nexon has generated more than 1.3 billion player registrations. The Company is headquartered in Tokyo, Japan and its shares are listed on the Tokyo Stock Exchange.

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