Funcom N.V (NO) Funcom would like to provide an update for the Age of Conan game.

Status of the launch The Age of Conan game now has over 500.000 active players (players who have registered their purchased game key in the Company's registration and billing system). The game has as expected performed very well on the sales charts in the launch week and has been on top of the sales charts in many major markets.

The retail box of Age of Conan is now reported as sold out or close to sold out in many shops and areas in several markets. Eidos, the retail-publishing partner for Age of Conan, is working to resupply the retail chains and will be shipping more product to retail in the coming weeks.

The Company may report if special milestones are reached as part of further building PR and marketing momentum for the Age of Conan game. Funcom will however, not report subscriber numbers on a regular basis, and will provide additional financial guidance before the Second Quarter 2008 reporting.

For further risk evaluation, please see previous communication from the Company.

The Management Board of Funcom N.V. Dübendorf, June 2, 2008

For more information, please contact: Company CFO Olav Sandnes on e-mail: olav.sandnes@funcom.com telephone +47 92 22 55 40.

This report is also available at http://www.newsweb.no

Investors are encouraged to actively seek information regarding the company and the industry.

* For more information about Funcom, its games, its organization, please see www.funcom.com

* For more information about the Age of Conan game, please see www.ageofconan.com

For more information regarding the risk profile of the Company and its game(s), see document called 'Funcom Risk Overview' at www.funcom.com under Investor Relations



LINK: http://hugin.info/133182/R/1224307/258564.pdf

Funcom N.V (NO)

http://www.funcom.com

ISIN: NL 00 00062461

Stock Identifier: OSE.FUNCOM

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