21/09-2012 18:32:03: (FUNCOM) Allocation of options

Pursuant to the mandate granted by Funcom N.V.`s 
General Meeting of Shareholders at 27 June, 2012, the 
Supervisory Board of Funcom N.V., has granted 
1,934,000 options to acquire shares in Funcom N.V. 

With regard to these options the purchase price will 
be the average volume-weighted share price on the 
Oslo Stock Exchange for the five trading days 
preceding and the five trading days following the 
date the options are granted, 20 September, 2012.

Of the total number of options granted, one-third 
(1/3) will be vested one year (12 months) from the 
date when the grant of the options was made. The 
remaining two-thirds (2/3) of the options will be 
vested on a pro-rata monthly basis - 1/24 of the 2/3 
for each month that expires - over the course of the 
next two years (24 months) that commences immediately 
upon the expiry of the first year (12 months) 
following the date when the grant of the options was 
made. All (remaining) options will expire three years 
and six months after the date of the grant of the 
options. The exercise of these options is subject to 
the Standard Terms for employees under the Share 
Incentive Program of Funcom N.V.

The options to acquire shares in Funcom N.V. have 
been allocated to primary insiders as follows:
Mrs. Viktoria Krasteva, 100,000 options. Numbers of 
stock options after the grant are 100,000 and number 
of shares held are 0.
Mrs. Monica Telle, 42,000 options. Numbers of stock 
options after the grant are 72,000 and number of 
shares held are 0.
Mr. Morten Larssen, 150,000 options. Numbers of stock 
options after the grant are 279,167 and number of 
shares held are 61,033.
Mr. Ivar Frølich, 75,000 options. Numbers of stock 
options after the grant are 130,250 and number of 
shares held are 2,000.
Mr. Alex Cowan, 100,000 options. Numbers of stock 
options after the grant are 176,333 and number of 
shares held are 0.

Other employees have been allocated 1,467,000 options 
to acquire shares in Funcom N.V.

Badhoevedorp, The Netherlands, 21 September 2012
Funcom N.V.

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

Ekstern link: http://www.newsweb.no/index.jsp?messageId=312658

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