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GRAVITY Announces Filing Of Annual Report On Form 20-F For Fiscal Year 2012

SEOUL, South Korea, April 28, 2013 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (Nasdaq:GRVY) ("Gravity" or the "Company"), an online game developer and publisher based in South Korea, today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2012 with the Securities and Exchange Commission on April 26, 2013. The annual report can be accessed on the Company's investor relations Web site at http://www.gravity.co.kr/eng/ir/ir_pinfo.asp .

The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., Nuritkum Square Business Tower 15F, 1605 Sangam-Dong, Mapo-Gu, Seoul 121-795, South Korea.

About GRAVITY Co., Ltd.

Based in Korea, Gravity is a developer and publisher of online games. Gravity's principal product, Ragnarok Onlineā„¢, is a popular online game in many markets, including Japan, Taiwan and Thailand, and is currently commercially offered in 60 markets. For more information about Gravity, please visit http://www.gravity.co.kr .

This press release can also be viewed online at www.pressreleasenetwork.com/newsroom

CONTACT: Mr. Heung Gon Kim
         Chief Financial Officer
         Gravity Co., Ltd.
         Email: kheung@gravity.co.kr
         
         Ms. Yoon Joo Lee
         IR Manager
         Gravity Co., Ltd.
         Email: yoonjoo.lee@gravity.co.kr
         Telephone: +82-2-2132-7800

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