Conversion of Warrants into Shares

Reference is made to the stock notice published on 17 January 2017. Mirador S.A. exercised 500,000 warrants giving rights to subscribe for 500,000 new shares in Funcom N.V. at a price of USD 0.10 per share.

The new shares related to the exercise of the warrants were issued today, 19 January 2017. The issued share capital of Funcom N.V. after the capital increase is EUR 10,087,801.96 divided into 252,195,049 shares.

Badhoevedorp, The Netherlands, 19 January 2017

Funcom N.V.

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

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