King Announces Pricing of Initial Public Offering

London & Stockholm, 25th March 2014: King Digital Entertainment plc (NYSE: KING), a leading interactive entertainment company for the mobile world, today announced the pricing of its initial public offering of 22,200,000 of its ordinary shares at a price to the public of $22.50 per share. King is offering 15,533,334 shares and certain selling shareholders are offering 6,666,666 shares. In addition, certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 3,330,000 shares to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on 26 March 2014, under the symbol “KING.”

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J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as lead joint book-running managers for the offering. Barclays Capital Inc., Deutsche Bank Securities, Inc. and RBC Capital Markets, LLC are also acting as joint book-running managers of the offering. BMO Capital Markets Corp.; Cowen and Company, LLC; Pacific Crest Securities LLC; Piper Jaffray & Co.; Stifel, Nicolaus & Company, Incorporated; Wedbush Securities Inc.; and Raine Securities LLC are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained, when available, from J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by phone at (866) 803-9204; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, by phone at (800) 221-1037 or by email at newyork.prospectus@credit-suisse.com; or BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, New York 10038, by email at dg.prospectus_requests@baml.com.

-ENDS-

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