Rovio Entertainment Oyj - Major shareholder announcements

Rovio Entertainment Corp.: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Rovio Entertainment Corporation Stock Exchange Release October 30, 2017 at 2
p.m. EET

Rovio  Entertainment  Corporation:  Announcement  of  a  change  in shareholding
according to Chapter 9, Section 10 of the Finnish Securities Market Act

Rovio   Entertainment   Corporation   (the   "Company")  has  today  received  a
notification  in  accordance  with  the  Chapter  9, Section  10 of  the Finnish
Securities   Market  Act  from  Trema  International  Holdings  B.V.  ("Trema"),
according  to which  Trema's direct  holding in  the Company  totals 32,297,528
shares  and votes (amounting to 41.45 percent of all the shares and votes in the
Company)  and Trema's holding through  financial instruments has decreased below
the threshold of 5 percent.

The  change  is  due  to  a  share  lending  agreement signed by Trema, Silavano
Investments  S.à.r.l ("Silavano") and Danske  Bank A/S, Helsinki Branch ("Danske
Bank")  in  connection  with  the  initial  public  offering  of  the Company on
September  29, 2017, according  to  which  Trema  has  on  October  2, 2017 lent
4,638,000 existing  shares  in  the  Company  to  Danske  Bank.  Danske Bank has
notified  Trema on October  27, 2017 that it will  partially utilize the option,
described  in  the  Company's  listing  prospectus  dated September 15, 2017, to
purchase  shares from Trema up to the amount corresponding to the shares lent by
Trema  to  Danske  Bank  (4,638,000  shares)  in order to cover over-allotments.
Danske  Bank  purchases  889,418 shares  from  Trema  pursuant to the option and
redelivers  simultaneously to Trema the shares borrowed by Danske Bank according
to  the share  lending agreement.  As a  result, Trema's  direct holding  in the
Company  totals 32,297,528 shares and  votes (amounting to  41.45 percent of all
the  shares  and  votes  in  the  Company) and Trema's holding through financial
instruments will decrease to zero, i.e. below the threshold of 5 percent.

Total positions Trema International Holdings B.V.:

                    % of shares  % of shares and                Total number of
                    and voting   voting rights     Total of     shares and
                    rights       through financial both in %    voting rights
                    (total of A) instruments       (A + B)      of issuer
                                 (total of B)

 Resulting
 situation on the
 date on which      41.45%       N/A               41.45%       32,297,528
 threshold was
 crossed or reached

 Position of
 previous           36.64%       5.95%             42.59%       33,186,946
 notification (if
 applicable)

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights

 Class/type of shares  Number of shares and voting  % of shares and voting
                       rights                       rights

 ISIN code (if         Direct     Indirect          Direct    Indirect
 possible)             (SMA 9:5)  (SMA 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7)

 FI4000243399          32,297,528 N/A               41.45%    N/A

 SUBTOTAL A            32,297,528                   41.45%

Trema notified the Company on October 3, 2017 that Trema's direct holding of the
Company's  shares and votes  decreased to 36.64 percent  (a total of 28,548,946
shares and votes) and Trema's holding through financial instruments exceeded the
threshold  of  5 percent  on  October  2, 2017 (a  total of 4,638,000 shares and
votes).  The  change  was  due  to  a  share  lending agreement signed by Trema,
Silavano  and Danske Bank in connection with  the initial public offering of the
Company  on September 29, 2017, according to which Trema has on October 2, 2017
lent 4,638,000 existing shares in the Company to Danske Bank.

Additional information:

Rovio communications, tel. +358 40 485 8985, comms@rovio.com

Rauno  Heinonen,  SVP,  Corporate  Communications  and  Investor Relations, tel.
+358 40 861 9345, rauno.heinonen@rovio.com

Rovio in brief

Rovio  is  a  games-first  entertainment  company  that  creates,  develops  and
publishes mobile games and acts as a brand licensor in various entertainment and
consumer  product categories.  The Company  is best  known for  the global Angry
Birds  brand,  which  started  from  a  popular  mobile game in 2009. Today, the
Company  offers multiple mobile games, has produced The Angry Birds Movie, which
opened  number one  in theatres  in 50 countries,  and licenses  the Angry Birds
brand  to consumer products and  other entertainment content. Rovio's operations
are  divided  into  two  business  units,  Games  and Brand Licensing. The Games
business  unit accounted for 79 percent of Rovio's revenue for the twelve months
ended June 30, 2017.

The  Company's  mobile  games  have  a  large  user base. Rovio's games had been
downloaded  more than 3.7 billion times as of the end of June 2017, and they had
on  average 80 million monthly active users  during the second quarter of 2017.
The  Angry Birds brand is one of the most recognized brands in the world with an
average global brand awareness of 97 percent[1]. The Company is headquartered in
Finland  and has  offices in  Sweden, the  United Kingdom,  China and the United
States.




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[1]  Based on a study  commissioned by the Company  including a 15-minute online
survey (including screener). Total sample of 7,500 questionnaires collected from
five  countries including the United States,  the United Kingdom, China, Russia,
and  Mexico during the  period June 27, 2017 -  July 14, 2017. Source: Lieberman
Research Worldwide.




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