Contact: 

Heather Greer 

hgreer@interplay.com 

949.553.6655

FOR IMMEDIATE RELEASE

INTERPLAY ANNOUNCES STAR TREK: SHATTERED UNIVERSE FOR THE PLAYSTATION 2 

Interplay's Final Star Trek Game Showcases the Alternate Star Trek Universe

Irvine, California, May 9, 2001 -Interplay Entertainment Corp. (NASDAQ:IPLY), proudly announced today that their final Star Trek game, Star Trek®: Shattered Universe, is currently in development for the PlayStation®2 computer entertainment system. Star Trek: Shattered Universe is a space based action-shooter that takes place in the dark alternative universe to the classic Star Trek setting. Based on the story elements first revealed in the original Star Trek series episode, "Mirror, Mirror", the game takes place in the time just after the events portrayed in "Star Trek VI: The Undiscovered Country." In the game, the USS Excelsior, under the command of Captain Sulu, is stranded in the "Mirror Universe" with a new mission, to find a way home. Star Trek: Shattered Universe is scheduled to ship for the PlayStation 2 in Q4, 2001.

Developed by Starsphere Interactive, Inc., Star Trek: Shattered Universe will allow gamers to embark on a different kind of Star Trek adventure, a dark voyage across hostile territories encountering an array of alien races (Klingons, Romulans, Vulcans, Tholians, and Gorn) and artifacts including the "Guardian of Forever" (an ancient time portal) and "The Doomsday Machine" (a giant robot ship that consumes planets for fuel). Piloting a series of agile single pilot ships, players will engage swarms of enemy fighters, and fleets of capital ships in a variety of space environments. Stranded in this hostile universe, the player must aide the Excelsior and seek out vital resources in order to survive and return to the normal universe. Players can gain additional fighters and technologies through alliances or through defeating attacking ships. The newly acquired technology can then be used to upgrade their fighter with more powerful weapons and shields including some exotic alien devices like the Romulan cloaking device.

For the latest Star Trek news and information, visit the official Internet home of Star Trek at www.startrek.com. Viacom Consumer Products merchandises properties on behalf of Paramount Pictures, Paramount Television, Viacom Productions, and Spelling Entertainment, as well as third-party properties. Viacom Consumer Products, a unit of Viacom Entertainment Group, is a subsidiary of Viacom Inc. To learn more about Viacom Consumer Products and our properties, please visit us at www.viacomcp.com.

Star Trek and related marks (tm), ® and © 2001 Paramount Pictures. All Rights Reserved.

Interplay Entertainment Corp. is a leading developer, publisher and distributor of interactive entertainment software for both core gamers and the mass market. Interplay currently balances its development efforts by publishing for personal computers as well as current and next generation video game consoles. Interplay releases products through Interplay, Shiny Entertainment, Digital Mayhem, Black Isle Studios, 14* East, its distribution partners and its wholly owned subsidiary Interplay OEM, Inc. More comprehensive information on Interplay and its products is available through its worldwide web site at http://www.interplay.com. For investor relations' inquiries, please contact Patrick Sutton (pat@liolios.com) or Christopher Rosgen (chris@liolios.com) at Liolios Group, Inc. (949) 574-3860.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this release except for historical information are forward-looking statements that are based on current expectations and involve risks and uncertainties. Without limiting the generality of the foregoing, words such as ``may,'' ``will,'' ``expect,'' ``believe,'' ``anticipate,'' ``intend,'' ``could,'' ``estimate,'' or ``continue'' or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. The risks and uncertainties inherent in such statements may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. For example, there can be no assurance that the games will ship in the projected time frame or that they will be as popular as the Company presently anticipates. Additional important factors that may cause a difference between projected and actual results for Interplay include, but are not limited to, future capital requirements, that equity or bank financing will be available on terms satisfactory to the company or at all, risks of loss of the Company's listing on the Nasdaq National Market, risk of delays in development and introduction of new products, dependence on new product introduction which achieve significant market acceptance and the uncertainties of consumer preferences, risks of product returns and markdown allowances, dependence on third party software developers for a significant portion of new products, risks of rapid technological change and platform change, intense competition, seasonality, risks of product defects and resulting returns, dependence upon licenses from third parties, risks associated with, dependence upon third party distribution, dependence upon key personnel and risks associated with international business, intellectual property disputes and other factors discussed in the Company's filings from time to time with the Securities and Exchange Commission, including but not limited to the Company's annual reports on Form 10-K and the Company's subsequent quarterly filings on Form 10-Q. Interplay disclaims any obligation to revise or update any forward-looking statements that may be made from time to time by it or on its behalf.

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