Graham King has won the race to adapt “School of Fear” for Warner Bros.

King and fellow Warners producer Donald De Line both wanted to adapt Gitty Daneshvari’s book proposal, which CAA sent out a few weeks ago, but King got his dibs in first and the studio made a preemptive bid for him to do the honors.

“School of Fear,” skedded to bow from Little, Brown in fall 2009, will center on four pre-teens who are sent to an offbeat summer camp to overcome their debilitating phobias. Writer is a former Contra Films exec.

King is producing under his GK Films shingle along with Grey Rembert and Gail Lyon.

King and De Line both have a slew of projects set up at the studio. King is producing “Young Victoria” and preparing “Shantaram” to be in production ahead of a possible strike; both fall under his GK Films banner. He’s also developing a series of movies under the Initial Entertainment Group banner.

De Line is producing Ridley Scott’s “Body of Lies,” now shooting, and is juggling several other pics ahead of a potential strike. Last week, he set up “Shining City,” a comic Seth Greenland novel, at the studio.