Gravity To Launch Next-Gen Casual Game Portal 
 
Seoul, South Korea – June 9, 2005 – Gravity Co., Ltd. (Nasdaq: GRVY), a leading 
developer and distributor of online games, today announced that it has  
recently  signed a contract with Sonnori Co., Ltd. (“Sonnori”) to publish a  
cutting-edge casual online game portal “STYLIA”.  
 
STYLIA is the culmination of more than decade-long game research and  
development by Sonnori, which has already produced a number of hit titles since 
the early 1990s.  In 2000, Gravity and Sonnori jointly worked on the  
development of Arcturus, a PC role playing game.  Under the latest contract,  
Gravity has global publishing rights of STYLIA for five years (six months for  
Korea), which is the second new product published by Gravity following R.O.S.E  
Online in January 2005.  
 
David Yoon, the CEO of Gravity commented, “Our publishing agreement with  
Sonnori is the latest example of our strong 3rd party publishing capability.   
STYLIA is an innovative casual game portal that we expect will be well received 
by gamers globally.  Moreover, STYLIA is strategically important for Gravity as 
it will accelerate our casual gaming strategy and serve as the cornerstone for  
our next-generation casual game platform.  STYLIA also compliments the ongoing  
expansion of Gravity’s existing titles and the diversification of our global  
market reach.”   
 
More details of STYLIA are expected to be announced during the beta-testing  
launch press conference in July. 
 
About GRAVITY Co., Ltd. 
Based in Korea, Gravity is a leading developer and distributor of online games  
worldwide.  The Company’s principal product, Ragnarok Online, is currently  
commercially offered in 20 markets.  Gravity also offers a number of mobile  
games, which are played using mobile phones and other mobile devices,  
participates in the production of a televised animation series, and licenses  
merchandizing of character-related products based on its online games. For more 
information visit www.gravity.co.kr. 
 
Forward-Looking Statements: 
Certain statements in this press release include forward-looking statements  
within the meaning of the U.S. Private Securities Litigation Reform Act of  
Forward-looking statements generally can be identified by the use of forward- 
looking terminology, such as “may,” “will,” “expect,” “intend,” 
“estimate,” “anticipate,” “believe,” “project” or “continue” or the  
negative thereof or other similar words.  All forward-looking statements  
involve risks and uncertainties, including, but not limited to, the ability to  
diversify revenue, ability to collect license fees and royalty payments from  
overseas licensees and in a timely manner; ability to acquire, develop,  
license, launch, market or operate commercially successful online games;  
competition from companies that have greater financial resources; introduction  
of new products into the marketplace by competitors; the ability to recruit and 
retain quality employees as Gravity grows; and economic and political  
conditions globally. Actual results may differ materially from those discussed  
in, or implied by, forward-looking statements. The forward-looking statements  
speak only as of the date of this release and Gravity assumes no duty to update 
them to reflect new, changing or unanticipated events or circumstances. 
 
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CONTACTS:	 
In Korea: 
Kwan Shik Seo, CFO 
Gravity Co. Ltd. 
Tel: 82-2-516-5438(Ext. 314) 
ksseo3311@gravity.co.kr	 
 
In the U.S.: 
David Pasquale, EVP  
The Ruth Group 
Tel: +646-536-7006 
dpasquale@theruthgroup.com