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Contact: Heather McLaughlin (949) 553-6655 INTERPLAY BRINGS THE LONG-AWAITED JAGGED ALLIANCE 2: UNFINISHED BUSINESS TO GAMERS IRVINE, California, October 11, 2000 Interplay Entertainment Corp. (NASDAQ:IPLY), is pleased to add another edition of the Jagged Alliance® franchise by introducing Jagged Alliance 2: Unfinished Business. Jagged Alliance 2: Unfinished Business is a turn-based strategy role-playing game with squad type combat developed by Sir-tech Canada, creators of Jagged Alliance and Jagged Alliance 2. Players can create their own team of mercenaries to defend the tiny war-torn country of Arulco whose populace is under attack from the dreaded Ricci Mining Company in the neighboring country of Tracona. The excitement of Jagged Alliance 2: Unfinished Business will be available November, 2000. Jagged Alliance 2: Unfinished Business will feature over 20 new action-packed sectors including rugged snow terrain environments. Players will interact with over 10 new characters and weapons, including powerful sniper and assault rifles. New special tactical features such as the Terrain Protection Indicator, have been added to aid the player in battle. This feature uses the computer to reveal the safest attack positions giving the player the best tactical advantage. Improved A.I. delivers the most intense action of the Jagged Alliance series, and the included Mission Builder will allow gamers to create hundreds of sector maps, extending the campaign to save Arulco. Jagged Alliance 2: Unfinished Business will be a stand-alone product with an option for gamers to import saved characters from Jagged Alliance 2. Sir-tech Canada is the developer of Jagged Alliance 2, Jagged Alliance 2: Unfinished Business, Jagged Alliance: Deadly Games, and Nemesis: The Wizardry Adventure. Sir-tech Canada is currently working on Jagged Alliance 3 and the widely anticipated Wizardry 8. More information about Sir-tech and its products can be found at http://www.sir-tech.com. 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, is 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 J. Scott Liolios (scott@liolios.com) or Christopher Rogen (chris@liolios.com) at Liolios Group, Inc. (949) 574-3870. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements involving risks and uncertainties that may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. Important factors that may cause such a difference for Interplay include, but are not limited to, risks of delays in development and introduction of new products, dependence on new product introductions which achieve significant market acceptance and the uncertainties of consumer preferences, 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, dependence upon licenses from third parties, risks associated with future capital requirements, 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 Exchange Commission, including but not limited the Company's annual report on Form 10K for the year ended December 31, 1999. Interplay disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf. # # # |

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