ACTIVISION’S TONY HAWK’S PRO SKATER™ 3 GRINDS ONTO THE Xbox™ Video Game System From Microsoft And The Nintendo Game Boy® Advance

Popular Action-Sports Title Continues It’s Award-Winning Ride Onto Two New Platforms

Santa Monica, CA – March 15, 2002 – Activision, Inc. (Nasdaq: ATVI) is calling gamers to grab their skateboards and throw on their pads with the release of Tony Hawk’s Pro Skater 3 for the Xbox™ video game system from Microsoft and the Nintendo Game Boy® Advance.  Early reviews indicate that the franchise is on track to continue its winning run with Tony Hawk’s Pro Skater 3 for Xbox having scored 9 out of 10 in Electronic Gaming Monthly and The Official Xbox Magazine.  Additionally, Game Informer awarded Tony Hawk’s Pro Skater 3 for the Game Boy Advance a 9 out of 10 score.

Tony Hawk’s Pro Skater 3 for Xbox has been rated as “T” (Teen – with blood, mild lyrics and suggestive themes) by the ESRB.  The Game Boy Advance version has been rated “E” (Everyone – with animated blood).  Both titles are currently available at retail outlets nationwide and carry a suggested retail price of $49.99 and $39.99 respectively.

“Tony Hawk’s Pro Skater 3 for Xbox has great new features including an exclusive level, enhanced graphics, and multiplayer support that allows up to four friends to hang out and compete against each other via System Link,” said Larry Goldberg, executive vice president, Activision Worldwide Studios.   “The Game Boy Advance version marks the first time the Create-A-Skater feature has ever been brought to the handheld system, and gamers can now play with up to three of their buddies with the Game Link Cable.”

Tony Hawk’s Pro Skater 3 is the revolutionary sequel to the best-selling sports game of 2000.  The game allows players to perform tricks and combos in some of the world’s most popular skate locations, including Los Angeles, Canada and Tokyo as they navigate through levels filled with people, traffic, and other interactive elements.  Vert and street skaters will each face different goals that are designed to challenge them in their specialty. 

Tony Hawk’s Pro Skater 3 for Xbox features smoother life-like animations and significantly improved tricks to capture the style of the world's best skateboarding pros.   By fully utilizing the capabilities of Xbox, the game sports a state-of-the-art hi-resolution display engine running at 60 frames-a-second, full screen anti-aliasing and upgraded textures.  The Create-A-Skater feature includes all new female skaters, and the ability to modify almost every aspect of their appearance, from accessories to clothing to hair color.  The game also lets gamers customize the soundtracks in the game itself.  Additionally, up to four players can also test their skating skills in system link mode through competitions like King of the Hill, Slap!, Trick Attack and Graffiti.

Tony Hawk’s Pro Skater 3 for the Game Boy Advance features the ultimate four-player experience using the Game Boy Advance’s Game Link® Cable.  Gamers can now compete with up to three of their friends in Free Skate, Trick Attack, HORSE, King of the Hill, or Tag.  For the first time in a handheld game, players can modify the pros’ clothing, heads and skater stats or build an entirely new character from scratch with the new Create-A-Skater feature.

About Xbox

Xbox (http://www.xbox.com/) is Microsoft’s future-generation video game system that delivers the most powerful games experiences ever.  Xbox empowers game artists by giving them the technology to fulfill their creative visions as never before, creating games that blur the lines between fantasy and reality.  Xbox is now available in North America, Japan, Europe and Australia. 

About Activision, Inc.

Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.  Founded in 1979, Activision posted revenues of $620 million for the fiscal year ended March 31, 2001.

Activision maintains operations in the US, Canada, the United Kingdom, France, Germany, Japan, Australia, and the Netherlands.  More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com.

The statements contained in this release that are not historical facts are “forward-looking statements.”  The Company cautions readers of this press release that a number of important factors could cause Activision’s actual future results to differ materially from those expressed in any such forward-looking statements.  These important factors, and other factors that could affect Activision, are described in Activision’s Annual Report on Form 10-K for the fiscal year ended March 31, 2001, which was filed with the United States Securities and Exchange Commission.  Readers of this press release are referred to such filings.

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