Press Release 4/3/01

NEW YORK--April 3, 2001--Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is pleased to announced that its GodGames videogame publishing subsidiary shipped 4x4 EVO for the PlayStation(R)2.

4x4 EVO, which was developed by Terminal Reality, arrived in stores nationwide on April 3rd.

"4x4 EVO is a dynamic simulation racer that will allow gamers to take the off-road ride of their lives," said Kelly Sumner, Chief Executive Officer of Take-Two Interactive. "We are thrilled to add to our already very successful product line in the racing genre with such an incredible, ultra-realistic game from GodGames and Terminal Reality that fully exploits the power and technology of the Playstation(R)2."

"The PlayStation(R)2 version of 4x4 EVO will give even more gamers the opportunity to experience the real-world physics, rugged racing style, licensed vehicles, new enhancements and blazing speed of this ultra-realistic console game," said Mike Wilson, CEO of GodGames.

4x4 EVO for Playstation(R)2 will hit the road with a truckload of new features including, revamped vehicle physics for even more realistic driving, controls that utilize Sony's pressure-sensitive analog buttons, and improved graphics. In addition, 4x4 EVO for PlayStation(R)2 will showcase three new vehicles, Jeep Grand Cherokee Limited 2WD(TM), Jeep Grand Cherokee Limited 4WD(TM) and a Jeep Grand Cherokee Race SUV(TM).

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, Nintendo 64, Nintendo Game Boy Color, Sega Dreamcast, PlayStation(R)2 and the Xbox(TM). The Company publishes and develops products through various wholly owned subsidiaries including: Rockstar Games, GodGames, TalonSoft, Joytech, DMA Design, PopTop, Global Star and under the Take-Two brand name. The Company maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Vienna, Copenhagen, Milan and Sydney.

About GodGames

GodGames is a high-end computer and videogame publisher located in Dallas and Austin, Texas. A wholly owned subsidiary of New York-based Take-Two Interactive (TTWO), GodGames specializes in high-quality games for gaming enthusiasts from top independent development studios worldwide. GodGames utilizes the worldwide resources of its parent company and sister label, Rockstar Games, to bring these titles to gamers worldwide on a wide range of platforms. Key titles include the Railroad Tycoon II series, Duke Nukem Forever, Oni, Rune, the 4x4 EVO series, Max Payne, the FLY! series, Tropico, Darkstone, and many others. For a complete title listing and further information on GodGames, refer to http://www.godgames.com.

About Terminal Reality

Headquartered in Lewisville TX, Terminal Reality is a technology-driven independent developer of PC, Mac, PlayStation(R)2, Xbox(TM), and Dreamcast games. Founded in 1994, the company has created several best-selling games including Terminal Velocity, Microsoft Hellbender, Microsoft Monster Truck Madness 1 & 2, Nocturne, Fly!, 4x4 EVO, and the award-winning Microsoft CART Precision Racing. In addition, Terminal Reality created the first 3D game for the Windows 95 platform, Microsoft Fury3. Terminal Reality also licenses its innovative Nocturne Engine that features real-time lighting/shadowing, cloth simulation, volumetric fogging and cinematic cameras. The Nocturne Engine recently powered the highly acclaimed Blair Witch trilogy of games, developed jointly by Terminal Reality, Human Head Studios, and Ritual Entertainment. http://www.terminalreality.com

"PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.

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; the ability of the Company to successfully integrate the operations and personnel of newly acquired companies; the availability of adequate sources of financing to fund periodic cash flow shortages; technology development risks; credit risks; seasonal factors; inventory obsolescence; technological change; competitive factors; product returns; failure to develop and release products on a timely basis; failure of retailers to sell-through the Company's products; and unfavorable general economic conditions, any, or all of which, could have a material adverse effect on the Company's business, operating results and financial condition. 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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