Developer Level 5 has announced that a sequel to White Knight Chronicles is in development exclusively for the PlayStation 3.
White Knight Chronicles II contiunes the story of Leonard with a brand new 30+ hour single player campaign. Featuring a fully redesigned, dynamic new combat system, you can create and customise your own exciting attack strategies and combos. Online will allow up to 6 players and you can choose to tackle co-op quests or free-roam the game world as a team, plus the Georama feature returns allowing you to build your own customisable town online.
This hasn't been given a date yet, but we hope to have more information soon.