Rovio Entertainment Oyj - Inside information

The IPO of Rovio Entertainment Corporation has been multiple times oversubscribed and the final offer price is EUR 11.50 per share

Stock Exchange Release September 28, 2017, at 4:30 p.m.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL.

The  Board  of  Directors  of  Rovio  Entertainment Corporation ("Rovio" or "the
Company")  have today  decided together  with Trema  International Holdings B.V.
("Trema"),  Atomico Invest II  Limited ("Atomico") and  Silavano Investments S.à
r.l. ("Silavano", and together with Trema and Atomico, the "Principal Sellers"),
on  the completion of the initial public offering of Rovio (the "Offering"). The
final  price per Offer Share (as defined below) in the Offering is EUR 11.50 per
Offer  Share, corresponding to a market capitalization of Rovio of approximately
EUR  896 million immediately following the Offering.  Demand in the Offering was
very  strong and the Offering was  multiple times oversubscribed. Trading in the
shares  in the Company  (the "Shares") is  expected to start  on the pre-list of
Nasdaq Helsinki Ltd ("Nasdaq Helsinki") on or about September 29, 2017.

Rovio  will issue  2,608,696 new shares  in the  Company (the "New Shares") (the
"Share  Issue"), corresponding to approximately  3.3 percent of the total number
of  outstanding Shares  after the  Offering. In  addition, Principal Sellers and
certain  other shareholders of the Company (together with Principal Sellers, the
"Sellers")  will sell 34,314,389 existing Shares (the "Sale Shares") (the "Share
Sale").  Unless the context indicates otherwise, the New Shares, the Sale Shares
and  the Additional Shares (as defined below) are together referred to herein as
the "Offer Shares".

3,050,452 Offer  Shares will be allocated to private individuals and entities in
Finland,  Sweden and Denmark (the "Public Offering") and 39,410,633 Offer Shares
will  be allocated in  private placements to  institutional investors in Finland
and  internationally (the  "Institutional Offering"),  assuming full exercise of
the  Over-allotment  Option  (as  defined  below). The Offering drew significant
interest  from  Finnish  and  international  investors,  and  was multiple times
oversubscribed.  For investors in  Finland, Sweden and  Denmark, the commitments
given in the Public Offering will be accepted in full for up to 100 Offer Shares
and  approximately 50.0 percent  of the  subscription commitments exceeding this
amount.  The commitments of the personnel of  Rovio will be accepted in full for
up  to  1,000 Offer  Shares  and  approximately 50.0 percent of the subscription
commitments exceeding this amount.

The Company will receive gross proceeds of approximately EUR 30 million from the
Offering  and the Sellers will receive  gross proceeds of approximately EUR 458
million assuming full exercise of the Over-allotment Option. The total number of
outstanding  Shares  will  increase  to  77,921,494 Shares  after the New Shares
offered in the Offering are registered in the Finnish Trade Register on or about
September  29, 2017. The number of shareholders after the Offering will increase
to more than 11,000 shareholders.

The  shares subscribed for in the Public Offering are expected to be recorded in
the  book-entry accounts of investors who  made approved commitments on or about
the first banking day after the pricing (i.e., on or about September 29, 2017).
The shares subscribed for in the Institutional Offering are expected to be ready
to  be  delivered  against  payment  through  Euroclear  Finland Ltd on or about
October 3, 2017.

A  confirmation letter regarding the approval  of the commitments and allocation
of  the Offer Shares  will be sent  as soon as  possible and on or about October
13, 2017 at the latest, to all investors who have submitted their commitments in
the  Public Offering.  Investors at  Nordnet Bank  will see their commitments as
well  as allocation of  Offer Shares on  the transaction page  of Nordnet Bank's
online service. Any excess payments made in connection with the commitments will
be  refunded to investors' bank accounts  approximately on the fifth banking day
after  the pricing (i.e.,  on or about  October 5, 2017). If the investor's bank
account is in a different financial institution than the subscription place, the
refund  will be paid into a Finnish  bank account in accordance with the payment
schedule  of the financial institutions, approximately no later than two banking
days  thereafter. If the subscription place is Nordnet Bank, the refunded amount
will only be paid to Nordnet cash account.

Trading in the Shares is expected to commence on the pre-list of Nasdaq Helsinki
on or about September 29, 2017 and on the official list of Nasdaq Helsinki on or
about October 3, 2017. The ISIN code of the Shares is FI4000266804 and the share
trading code is ROVIO.

Trema  and  Silavano  have  granted  to  Danske  Bank  A/S,  Helsinki  Branch as
stabilizing manager (the "Stabilizing Manager") an option exercisable within 30
days from the commencement of trading in the Shares on Nasdaq Helsinki (which is
estimated  to occur between September 29, 2017 and October 28, 2017) to purchase
a  maximum of  5,538,000 additional Shares  (the "Additional  Shares") solely to
cover  over-allotments  in  connection  with  the  Offering (the "Over-allotment
Option").  The  Additional  Shares  represent  approximately  7.1 percent of the
Shares and votes in the Company after the Share Issue.

The  Stabilizing Manager may, to the  extent permitted by applicable law, within
30 days  from commencement of trading in the Shares on Nasdaq Helsinki (which is
estimated  to occur between September  29, 2017 and October 28, 2017), engage in
measures  that stabilize, maintain or otherwise  affect the price of the Shares.
Any  stabilization measures will be conducted in accordance with Regulation (EU)
No  596/2014 of  the  European  Parliament  and  of  the Council on market abuse
("Market  Abuse  Regulation")  and  the  Commission  Delegated  Regulation  (EU)
2016/1052 supplementing  Market  Abuse  Regulation  with  regard  to  regulatory
technical  standards  for  the  conditions  applicable  to buy-back programs and
stabilization  measures.  The  Stabilizing  Manager  may  sign  a  share lending
agreement with Trema and Silavano related to stabilization.

Carnegie  Investment Bank AB,  Finland Branch ("Carnegie")  and Danske Bank A/S,
Helsinki  Branch  ("Danske  Bank")  act  as  joint global coordinators and joint
bookrunners  for the  Offering (Carnegie  and Danske  Bank together, the "Global
Coordinators"),  and Deutsche  Bank AG,  London Branch  ("Deutsche Bank") and OP
Corporate  Bank plc ("OP")  act as joint  bookrunners for the Offering (Deutsche
Bank  and OP together  with the Global  Coordinators, the "Managers"). Roschier,
Attorneys  Ltd. and Freshfields Bruckhaus Deringer LLP act as the legal advisers
to the Company in the listing. White & Case LLP acts as the legal adviser to the
Managers.

CEO Kati Levoranta:

"We  are extremely happy  and proud of  the great interest  towards Rovio's IPO,
both  by Finnish  and international  investors. I  would like  to thank  all who
participated in the IPO for their trust towards our company.

Rovio  is a  global games-first  entertainment company  that is today bigger and
stronger than ever. The mobile gaming market is expected to grow fast and we are
well positioned to take an advantage of this growth. The listing is an important
step  in  developing  Rovio  into  an  even  stronger  games-first entertainment
company."

Chairman of the Board Mika Ihamuotila:

"In  the IPO, Rovio received gross proceeds of approximately EUR 30 million that
will  be  used  to  support  Rovio's  growth  strategy. We also believe that the
listing  will  strengthen  Rovio's  brand  recognition and brand awareness among
customers,  prospective employees, investors  and the gaming  sector in general,
and thus enhances Rovio's competiveness.

Rovio's  IPO was multiple  times oversubscribed and  we received over 11,000 new
shareholders.  I want to  wish all these  shareholders welcome to participate in
Rovio's success."

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.

DISCLAIMER

The  information  contained  herein  is  not  for  publication  or distribution,
directly or indirectly, in or into the United States. These written materials do
not constitute an offer of securities for sale in the United States, nor may the
securities  be offered or  sold in the  United States absent  registration or an
exemption  from registration as provided in  the U.S. Securities Act of 1933, as
amended,  and the rules and regulations thereunder. The securities have not been
and will not be registered under the U.S. Securities Act of 1933, as amended.

The  issue,  exercise  or  sale  of  securities  in  the offering are subject to
specific  legal or regulatory restrictions in certain jurisdictions. The Company
assumes  no responsibility in  the event there  is a violation  by any person of
such restrictions.

The  information contained herein shall  not constitute an offer  to sell or the
solicitation  of an offer to buy, nor shall  there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would  be  unlawful  prior  to  registration,  exemption  from  registration  or
qualification under the securities laws of any such jurisdiction. Investors must
neither accept any offer for, nor acquire, any securities to which this document
refers,  unless they  do so  on the  basis of  the information  contained in the
applicable offering document prepared by the Company.

The  Company has  not authorized  any offer  to the  public of securities in any
Member  State  of  the  European  Economic  Area  other than Finland, Sweden and
Denmark.  With respect to each Member State  of the European Economic Area other
than  Finland,  Sweden  and  Denmark  and  which  has implemented the Prospectus
Directive  (each, a "Relevant  Member State"), no  action has been undertaken or
will  be  undertaken  to  make  an  offer  to the public of securities requiring
publication  of a  prospectus in  any Relevant  Member State.  As a  result, the
securities may only be offered in Relevant Member States (a) to any legal entity
which  is a qualified investor as defined in the Prospectus Directive; or (b) in
any other circumstances falling within Article 3(2) of the Prospectus Directive.
For  the purposes of this  paragraph, the expression an  "offer of securities to
the  public" means the communication in any  form and by any means of sufficient
information  on the terms of the offer and the securities to be offered so as to
enable  an investor to decide to exercise, purchase or subscribe the securities,
as  the same may be varied in that  Member State by any measure implementing the
Prospectus  Directive  in  that  Member  State  and  the  expression "Prospectus
Directive"  means  Directive  2003/71/EC (and  amendments thereto, including the
2010 PD  Amending Directive,  to the  extent implemented  in the Relevant Member
State),  and includes any  relevant implementing measure  in the Relevant Member
State   and   the  expression  "2010  PD  Amending  Directive"  means  Directive
2010/73/EU.

This  communication does not constitute an offer of the securities to the public
in  the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the securities. This communication is directed only at (i)
persons who are outside the United Kingdom or (ii) persons who have professional
experience  in matters relating  to investments falling  within Article 19(5) of
the  Financial Services and  Markets Act 2000 (Financial  Promotion) Order 2005
(the "Order") or (iii) high net worth entities, and other persons to whom it may
lawfully  be communicated, falling  within Article 49(2) of  the Order (all such
persons  together  being  referred  to  as  "relevant  persons"). Any investment
activity  to which this communication relates will only be available to and will
only  be engaged with, relevant persons. Any person who is not a relevant person
should not act or rely on this document or any of its contents.

Forward-looking statements

Certain  statements  in  this  communication  are  not  historical facts and are
"forward-looking  statements".  Forward-looking  statements  include  statements
concerning  our  plans,  expectations,  projections, objectives, targets, goals,
strategies, future events, future revenues or performance, capital expenditures,
financing  needs, plans  or intentions  relating to  acquisitions, the Company's
competitive  strengths  and  weaknesses,  plans  or  goals relating to financial
position,  future  operations  and  development,  its  business strategy and the
anticipated  trends in the industries and the political and legal environment in
which it operates and other information that is not historical information, such
as   revenue  growth,  EBITDA  growth,  operating  leverage  and  cost  savings,
investments, the contemplated Offering and listing, future cash flow generation,
operating  profit margin, operating  capital expenditure, ratio  of net debt and
EBITDA,  revenue,  and  operating  results.  In  some  instances,  they  can  be
identified  by  the  use  of  forward-looking  terminology,  including the terms
"believes",  "intends",  "may",  "will"  or  "should"  or,  in  each case, their
negative or variations on comparable terminology.

Forward-looking   statements   in   this  communication  are  based  on  various
assumptions,  many of  which in  turn are  based on  assumptions. By  their very
nature,  forward-looking  statements  involve  inherent risks, uncertainties and
assumptions,  both general and  specific, and risks  exist that the predictions,
forecasts,   projections  and  other  forward-looking  statements  will  not  be
achieved.  Given these risks,  uncertainties and assumptions,  you are cautioned
not  to place  undue reliance  on such  forward-looking statements. Any forward-
looking  statements contained herein speak only as  at the date of this release.
Save  as required  by law,  the Company,  the joint  global coordinators and the
joint  bookrunners do not intend and do  not assume any obligation, to update or
correct any forward-looking statement contained herein.


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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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