Telltale Games has given the first indication as to when Episode 2 of The Walking Dead will arrive. According to the developer, the game should be available to download "around the end of June.”
There’s no proper date as yet as the episode still undergoing certification. When it does finally reach us, we’ll rejoin the group three months after the events of Ep 1, when “things have gotten tenser—food is scarce, and no one in the party is a particularly good hunter.”
In total there will be five The Walking Dead episodes, with your decisions carrying over. The first episode released on XBLA in April to rave reviews.