Keywords Studios Plc (KWS.L) Announced that it has acquired the entire issued share capital of Wizcorp Inc. ("Wizcorp") for a cash
consideration of ¥120 million from Ankama SAS ("Ankama") and Silicon Studio Corporation (the
"Sellers"). The acquisition extends Keywords' Engineering Service line by providing a platform for
expansion in Japan's games development market, one of the largest in the world. Whilst the business
has not been a profit centre under its existing ownership structure, we would expect it to be able to
achieve margins at similar levels to Keywords' existing Engineering Service line once we align it with
our existing operations and build up its scale.