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Gathering¹s Space Colony in Stores Now

Space Age People Simulation/City Builder Game Now Available for PC

New York, NY October 15, 2003 Computer and video game publisher Gathering, a subsidiary of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that Space Colony, a people simulation, 3D building, strategy game, is now available. Space Colony invites PC pioneers to establish and build cosmic settlements and manage a dysfunctional crew of 20 characters while fighting off alien attacks and attempting to make a profit. Developed by Firefly Studios, Space Colony is available for the PC at a suggested retail price of $39.95 and is rated ³T² for Teen by the ESRB.

³The simulation game genre has remained incredibly popular, especially with female and casual gamers," said Mike Wilson, Executive Vice President of Artists and Repertoire at Gathering. ³Firefly takes this genre one step further by combining it with smart humor, a unique storyline and real-time strategy building to create a distinctive and groundbreaking title. We view Space Colony as a bridge that will connect mass consumers with more intricate gaming.²

In Space Colony, players join Blackwater Industries, a shady multi-galaxy corporation that is mining resources and establishing colonies on other planets due to the depletion of materials here on Earth. Over the game¹s 24 missions, players are challenged to settle a new frontier in space, ensure that their crew works well together, and of course, make a profit!

Space colonists will build various outposts, extract precious metals, establish space chicken farms, fight aliens and try to beat out other multi-galaxy corporations all while managing a crew of 20 dysfunctional space colonists. The crew is critical to the missions. All the characters' attitudes and work levels are determined by their happiness. And it is their happiness that makes the colony a success or not. With over 100 buildings available to meet the needs of the varied team, and interpersonal relationships to maintain, it¹s up to the player to figure out how to keep the crew at bay.

³Space Colony was designed to appeal to gamers on a variety of levels,² said Simon Bradbury, Designer, Firefly Studios. "Its simple interface allows for an easy learning curve for casual gamers, and at the same time its many layered modes of gameplay will challenge hardcore gamers.²

Space Colony¹s Features Include:

20 unique characters that all have their own distinct personalities, likes, dislikes and nuances. Like all humans, they are reluctant to change. Therefore, it is up to the player to meet the colonists¹ needs and demands. Characters include: -23-year old Venus Jones, the game¹s wise, confident heroine. She is set on retiring by the ripe old age of 25, and therefore determined to help make the crew as productive and efficient as possible. -Gentle soul Billy Bob Perkins who is always willing to help out wherever and whenever he can. But he needs extremely precise and simple directions, as his brain is not nearly as large as his heart. -Candy Simpson, a 24-year-old Valley Girl, Candy is more interested in taking up space than contributing to it. -80 year old Mr Zhang who is filled with Chinese wisdom but as sour as a lemon. -Bhoomie, the spiritual leader and maternal figure for the crew. -Tami Labelle Drunk and rowdy, Tami loves country western music and men. She easily gets attached and is always looking for her next relationship. -Stig Svensson, a 36-year-old Norwegian biker whose manners are limited to the roadside. A big burly guy, he¹s got the muscle for lifting but his personality is anything but light and easy.

Other Features Include:

Over 20,000 lines of unique dialogue. With 20 space colonists all living in close quarters, conversations between them are sure to get interesting! Listen in as colonists ask each other out on dates, fight with one another, complain about their surroundings, and sometimes even discuss their philosophical views!

MP3 RoboDJ! Scan in your own tracks and listen to your favorite tunes as you colonize, build and socialize in space.

Over 100 buildings, structures and furniture to develop and outfit the colony in whatever fashion one so desires. Entertainment structures include an anti-gravity chamber, disco floors, jacuzzis, saunas, restaurants and bars. Gamers can feng shui their hearts out with various colors and style combinations of furniture, accessories and plants. As mental health is also critical, players can build meditation spaces, psychotherapy and even detention pods to keep the crew sane.

Over 20 alien creatures that will invade and attack the colony as well as wreck havoc whenever they get a chance. Aliens include the Fribulans, Slugs, Lava Beetles, Acid Wings and Space Bees. Players must engage robotic armies and dogbots to fight off these otherworldly creatures.

Space Colony's PC System Requirements:

• Operating System: Windows 98, ME, 2000, XP

• Processor: Pentium III 800 Mhz (1.2Ghz+ Preferred)

• RAM: 64MB (128MB Recommended)

• HDD: 850MB

• VIDEO: 4MB, DirectX 8.1 compatible (800x600 upwards)

• SOUND: DirectX 8.1 compatible

• CD-ROM: 8X Speed

About Gathering

About Take-Two Interactive Software

All trademarks and copyrights contained herein are the property of their respective holders.

Safe Harbor Statement under the Private Securities Reform Act of 1995: The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to them. The Company has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements based on a variety of factors. These important factors are described in the Company¹s Annual Report on Form 10-K for the fiscal year ended October 31, 2002 and on Form 10-Q for the quarter ended July 31, 2003.