Album was composed by Hideki Asanaka / Shinsekai Gakkyoku Zatsugidan and was released on May 14, 2008. Soundtrack consists of tracks with duration over more than hour. Album was released by Team Entertainment.
CD 1
| 1 | CIPHER '08 (Title Demo) | 00:46 |  |
| 2 | CIPHER '08 β (Title Screen) | 00:23 | |
| 3 | HTP (How To Play) | 00:53 | |
| 4 | The King of Fighters 2 (Player Select) | 00:29 | |
| 5 | Next STAGE (Next Stage Demo) | 00:43 | |
| 6 | ESAKA? (Hero Team) | 02:16 | |
| 7 | Victor's Voice (Victory Demo) | 00:09 | |
| 8 | Kurikinton ~Gomame Guitar Ver.~ (Fatal Fury Team) | 01:02 | |
| 9 | Art of Fight (Art of Fighting Team) | 01:32 | |
| 10 | Rumbling on the City (Ikari Warriors Team) | 02:04 | |
| 11 | Tremble! Dora Shudders (Psycho Soldier Team) | 01:27 | |
| 12 | Fairy (Women Fighters Team) | 02:35 | |
| 13 | Choi Bounge March (Choi Bounge Intro) | 00:06 | |
| 14 | Seoul Town (Kim Team) | 02:11 | |
| 15 | BLOODY (Orochi Team) | 01:56 | |
| 16 | HCNC (Intrusion Demo) | 00:07 | |
| 17 | Surging Selection 2 (Intrusion Player Select) | 00:25 | |
| 18 | Stormy Saxophone 2 (Yagami Team) | 01:51 | |
| 19 | IN SPITE OF ONE'S AGE (Master Team) | 02:01 | |
| 20 | SLUM No. 5 (American Sports Team) | 01:32 | |
| 21 | C62 (Ryuji Yamazaki) | 01:35 | |
| 22 | Blue Mary's BLUES (Blue Mary) | 01:59 | |
| 23 | LONDON MARCH (Billy Kane) | 02:07 | |
| 24 | Stormy Saxophone (Iori Yagami) | 01:44 | |
| 25 | Still Green (Shingo Yabuki) | 01:31 | |
| 26 | Footprint (Midway Demo) | 00:26 | |
| 27 | The ЯR (Rugal Bernstein) | 01:26 | |
| 28 | ESAKA (Kyo Kusanagi) | 01:13 | |
| 29 | Hey! ('94 Women Fighters Team) | 01:30 | |
| 30 | ESAKA FOREVER (Kyo Kusanagi VS Iori Yagami) | 02:36 | |
| 31 | COOL JAM (Iori Yagami VS Kyo Kusanagi) | 01:35 | |
