Mr. Frank Sagnier, member of the Management Board, has on 4 July 2012 exercised 66,667 stock options at NOK 6.85 per share. Number of stock options held after the transaction are 133,333, at conditions as previously announced, and number of shares held once the transaction has effectively been completed are 159,667.

Other employees of Funcom have on 4 July 2012 exercised 34,572 stock options at an average of NOK 3.81 per share.

The issued share capital of Funcom N.V. after the capital increases pertaining to the stock options exercises mentioned above and as disclosed on 27 June 2012 and 20 June 2012 will be EUR 2,659,876.72.

On 5 July 2012, Mr. Claus Højbjerg Andersen, member of the Supervisory Board, has transferred 50,000 stock options to Nordic Venture Partners, of which Mr. Andersen is a General Partner. Number of stock options held by Nordic Venture Partners after the transaction are 50,000 and number of shares held once the transaction has effectively been completed are 5,233,325. Mr. Andersen holds no stock options or shares in Funcom N.V.

Badhoevedorp, The Netherlands, 5 July 2012
Funcom N.V.

This information is subject to the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act)