Gravity to Effect 2-for-1 American De...

Gravity to Effect 2-for-1 American Depositary Shares("ADS") Split

Seoul, South Korea - August 27, 2018 - Gravity Co., Ltd. , a developer and publisher of online and mobile games based in South Korea, announced that it will effect a ratio change of its American Depositary Share previously approved by the company's board of directors at a meeting held on July 27, 2018. The company is changing the ratio of its ADS to common shares from one ADS to two common shares to one ADS to one common share , effective at the start of trading on Tuesday, August 28, 2018.

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