NCsoft Announces Executive Promotions

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Thanks, NCsoft PR

NCsoft Announces Executive
Promotions in North American Business

AUSTIN, Texas, Nov. 10, 2004—NCsoft®
Corporation (KSE: 036570.KS), the world’s leading developer and publisher of
online computer games announces two promotions within its North American
business team.

Jeremy Gaffney has been named vice
president of product development and Dorothy Ferguson has moved into the role of
vice president of sales for NCsoft North America.

Gaffney was heading up the company’s
third party group and was instrumental in adding third party development houses,
Cryptic Studios™ and NetDevil®, to the NCsoft publishing family. In his new
role, Gaffney will oversee all product development teams in North America
creating games under the NCsoft brand. Gaffney is a 15-year veteran of the games
industry. He was a founder, chairman and CTO of Turbine Entertainment Software
and later worked as technology lead at Origin Systems.

Ferguson moves up from her position
as director of sales for NCsoft North America. As vice-president of sales she
will be responsible for the complete retail/distribution channel organization
and management for NCsoft’s growing product lineup in North America. She’ll also
oversee third party OEM and strategic partnership opportunities with leading
players in the hardware and accessories space as well as broadband and
entertainment. Ferguson has worked in the games industry for 16 years with
previous positions held at Interplay Entertainment, Maxis, Davidson & Associates
and The Learning Company.

“Both of these individuals are the
best in the industry at what they do,” said Robert Garriott, president of NCsoft
North America. “NCsoft has established itself as a leader of online
entertainment with our recent releases of City of Heroes™ and Lineage® II and
both Dorothy and Jeremy are a big reason for that success. With these promotions
the company is well poised for future growth in the online games market.”

About NCsoft – North America

NCsoft – North America (NC-NA) is
headquartered in Austin, Texas and is part of Korea-based NCsoft Corporation.
NC-NA, with development and administrative offices in Texas and California,
launched two ground-breaking titles in the first half of 2004, Lineage II and
City of Heroes. The company also works with NCsoft subsidiaries and third party
developers throughout North America to develop and publish innovative online
entertainment software products. More information about NCsoft – North America
can be found at

NCsoft, the interlocking NC logo,
Lineage and all associated NCsoft logos and designs are trademarks or registered
trademarks of NCsoft Corporation. City of Heroes is a trademark of Cryptic
Studios, Inc. and NCsoft Corporation. NetDevil is a registered trademark of
NetDevil, Ltd. All other trademarks are the property of their respective owners.