ACTIVISION'S TONY HAWK'S UNDERGROUND WINS TOP HONORS AT 2004 MTV VIDEO MUSIC AWARDS FOR BEST SOUNDTRACK TO A VIDEO GAME

Santa Monica, CA - September 1, 2004 - Activision, Inc. (Nasdaq: ATVI) announced today that Tony Hawk's Underground was honored as "Best Soundtrack to a Video Game" at the 2004 MTV Video Music Awards (VMAs), held Sunday night at the America Airlines Arena in Miami, Florida.   The ceremony marked the first time that video game soundtracks were included as a category in the VMAs.  Accepting the Moon Man trophy on behalf of Activision were Tony Hawk and Bam Margera, the stars of Tony Hawk's Underground 2, which is slated to ship on October 5.   

About MTV
MTV Networks owns and operates the cable television programming services MTV: Music Television, MTV2, mtvU, Comedy Central, Nickelodeon/Nick at Nite, TV Land, VH1, CMT: Country Music Television, and Spike TV, as well as The Digital Suite from MTV Networks, a package of thirteen digital services, all of which are trademarks of MTV Networks.  MTV Networks also operates and offers joint ventures, licensing agreements and syndication deals whereby its programming can be seen worldwide.

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 net revenues of $948 million for the fiscal year ended March 31, 2004.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia 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.

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