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Take-Two Interactive Software Unveils Shadowbane

"Gathering was clearly our best choice for publishing partner. Their culture gives us the creative freedom to follow and realize our grand vision for Shadowbane," said Josef Hall, co-founder and president of Wolfpack Studios. "The game, which combines role-playing and strategy elements, adds a new dimension to online play. Players not only interact with the world but they control it."

In Shadowbane, players are challenged to carve out their destiny in a world blanketed by political unrest and torn apart by storms, disease, starvation and an endless war. Brutal warlords have assumed control of the land and a dark age has descended upon mankind. Shadowbane's design adds a large-scale warfare system to the completely functional role-playing game, allowing tens of thousands of players to simultaneously unite, form armies, build kingdoms and conquer virtual territories. This twist gives rise to a new realm of gameplay – guild politics and siege warfare.

"Wolfpack's Shadowbane will offer a next-generation, massively multiplayer gaming experience that appeals to a wide range of online gamers and strategists," said Harry Miller, President of Gathering of Developers. "The potential of having the players control and dictate the internal politics of this virtual world is enormous, not to mention that the emphasis on guilds, team work, and insanely large group interaction are definitely elements for success. Our development board was really impressed with Shadowbane and we believe it's the perfect entry for Gathering into the massively multiplayer online gaming arena."

Gathering of Developers Founded in Dallas, TX in January 1998, Gathering of Developers is a developer-driven computer and video game publishing company, and a wholly-owned subsidiary of Take-Two Interactive Software, Inc. The company's mission is to be the worldwide leader in the development and delivery of commercially successful computer game software designed for a range of platforms. The company's pioneering partners are industry leaders and proven hit makers 3D Realms, Epic Games, PopTop Software, Ritual Entertainment, Terminal Reality Inc and Edge of Reality. For more information visit Gathering of Developers Web site at http://www.godgames.com. Headquartered in New York City,

Take-Two Interactive Software, Inc. is an integrated global developer, marketer, distributor, and publisher of interactive entertainment software games and accessories for the PC, Sony PlayStation, Nintendo 64, Nintendo Game Boy Color and the Sega Dreamcast. The Company publishes and develops products through various wholly owned subsidiaries including: Rockstar Games, TalonSoft, Joytech and DMA Design. The Company maintains a publishing and distribution partnership with, and 19.9% equity interest in, both Gathering of Developers and Bungie Software. The Company's Jack of All Games value added distribution arm maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Oslo, Stockholm, Copenhagen, Milan and Sydney. The Company recently formed Broadband Studios, Inc. to independently pursue technology and content opportunities within the emerging world of broadband game delivery.

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Safe Harbor Statement under the Private Securities Reform Act of 1995: The statements contained herein which are not historical facts are forward-looking statements that involve risks and uncertainties including, but not limited to, risks associated with the Company's future growth and operating results, credit risks, inventory obsolescence, technological change, competitive factors, product returns, failure of retailers to sell-through the Company's products, and unfavorable general economic conditions. The Company's actual operating results may vary significantly from such forward-looking statements. Take-Two undertakes no obligation to update forward-looking statements contained within this press release.

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