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                      Oct
3, 2017, at 1.00 p.m.  EET

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 of the shares and votes of the Company
decreased  to 36.64 percent  and Trema's  holding through  financial instruments
increased  above the threshold  of 5 percent on  October 2, 2017. The change was
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.  The share lending  did not affect  the aggregate total
holdings of Trema, which amounts to 33,186,946 shares including the lent shares.

Total positions of Trema International Holdings B.V.:

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

 Resulting situation
 on the
 date on which       36.64 %      5.95 %             42.59 %  33,186,946
 threshold
 was crossed or
 reached

 Position of
 previous            N/A          N/A                N/A        N/A
 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)


 FI4000266804          28,548,946 N/A               36.64 %   N/A

 SUBTOTAL A            28,548,946                   36.64 %

B: Financial instruments according to the Finnish Securities Market Act 9:6a

 Type of                    Exercise/                  Number of     % of
 financial       Expiration Conversion Physical or     shares and    shares
 instrument      date       period     cash settlement voting rights and voting
                                                                     rights

 Share lending
 with            October 2,            Physical
 the initial     2017       N/A        settlement      4,638,000     5.95 %
 public
 offering

                                       SUBTOTAL B      4,638,000     5.95 %

Danske  Bank has an obligation  to return the lent  shares by October 31, 2017,
unless  Danske  Bank  wholly  or  partially  exercises its over-allotment option
granted  by  Trema  in  connection  with  the  initial  public offering. Trema's
relevant direct holding in the Company is 33,186,946 shares including the above-
mentioned lent shares.

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.

--------------------------------------------------------------------------------



[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.




[]