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2K GAMES TO DISTRIBUTE FORD RACING 3 IN NORTH AMERICA

New York – February 23, 2005 – 2K Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that it has signed an agreement with Empire Interactive to distribute Ford Racing 3 for the PlayStation®2 computer entertainment system, Xbox® video game system from Microsoft, and PC in North America. The first two titles of the Ford Racing series, which were also distributed by Take-Two, sold over 1 million units in North America.

Ford Racing 3 features 55 beautifully detailed Ford automobiles, including Ford GTs, Thunderbirds, concept and SVT vehicles, Mustangs and trucks; 26 detailed tracks with interactive scenery; 11 different race types and support for online play on Xbox Live; LAN and online play for PC and head-to-head split screen on PS2 and Xbox.

Ford Racing 3 will be released in North America in March 2005 for a suggested retail price of $14.99. Ford Racing 3 is developed by Empire Interactive under license by Ford Motor Company. For more information please visit its official web site at http://www.fordracing3.com/

About Take-Two Interactive Software

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, PlayStation(R) game console, PlayStation(R)2 computer entertainment system, PSP™ handheld entertainment system, Xbox(R), Nintendo GameCube(TM) and Game Boy(R) Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K Games and Global Star Software; and distributes products in North America through its Jack of All Games subsidiary. Take-Two also manufactures and markets video game accessories in Europe, North America and the Asia Pacific region through its Joytech subsidiary. The Company maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Madrid, Vienna, Milan, Sydney, Breda (Netherlands) and Auckland. Take-Two's common stock is publicly traded on NASDAQ under the symbol TTWO.

For more corporate and product information please visit our website at www.take2games.com

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Microsoft, Xbox, and the Xbox logos are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.

PSP and “UMD” are trademarks of Sony Computer Entertainment Inc. “PlayStation” and the “PS” Family logo are registered trademarks of Sony Computer Entertainment Inc.



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Ford Racing 3 (PC)
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