Glu Mobile Announces Initial Public Offering

  
    
  
  
    
      Glu Mobile (Nasdaq:GLUU) today announced the pricing of its initial 
      public offering of 7,300,000 shares of common stock at a price to the 
      public of $11.50 per share. The Company has also granted the 
      underwriters a 30-day option to purchase up to an additional 1,095,000 
      shares from Glu and certain selling stockholders. Glu’s 
      common stock will be listed on the Nasdaq Global Market under the symbol “GLUU” 
      and will begin trading on Thursday, March 22, 2007.
    
    
      Goldman, Sachs & Co. acted as the sole book-runner for the offering, 
      with Lehman Brothers Inc. acting as co-lead manager, and Banc of America 
      Securities LLC and Needham & Company, LLC acting as co-managers. A copy 
      of the final prospectus relating to the offering may be obtained by 
      contacting Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad 
      Street, New York, New York 10004, via fax at 212-902-9316 or via e-mail 
      at [e-mail], 
      or directly from the U.S. Securities and Exchange Commission at www.sec.gov.
    
    
      A registration statement relating to the offering was filed with and 
      declared effective by the Securities and Exchange Commission. The 
      offering is being made solely by means of a prospectus. 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.