JetFighter IV Goes Gold

CHICAGO-October 19, 2000-Mission Studios, a subsidiary of Take-Two Interactive Software, Inc. (NASDAQ:TTWO), today announced that "JetFighter IV: Fortress America" has gone gold and will ship to retailers on October 31.

JetFighter IV: Fortress America is a combat flight simulation that harnesses super-sleek hardware-accelerated graphics, the easiest flight control system available, and the thrill of piloting billion-dollar jet fighters, delivering a heart-pounding, fevered defense of American soil.

Created by Bob Dinnerman of RD Simulations and Mission Studios, the JetFighter Series has a long and proud heritage, dating back to the original game, published in 1992. The franchise has sold over 750,000 units worldwide.

Players fly above downtown San Francisco and the 50,000 square miles in the surrounding area to defend against a sneak attack by the forces of Russia and China. JetFighter IV retains the classic JetFighter ease of use and feeling of flight, while increasing the game simulation realism. Four times the terrain detail of JetFighter III , the best looking combat flight sim now looks even better! JetFighter IV 's multiplayer action includes deathmatch and co-op missions, with up to 16 pilots on a LAN or over the Internet.

"The photo-realistic scenery is positively breathtaking and The Golden Gate Bridge has never looked better," said JetFighter IV programmer Brian Boudreau. " Gamers will be able to pilot vaunted American aircraft , such as the F-14 TomCat, the F-22 Raptor, and the F/A-18 SuperHornet, defending the U.S.A. against an insidious surprise attack."

More information is available on JetFighter IV at www.jetfighter4.com.

About Take-Two Interactive 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, Sony PlayStation, Nintendo 64, Nintendo Game Boy Color, Sega Dreamcast and the Sony PlayStation 2. The Company publishes and develops products through various wholly owned subsidiaries including: Gathering of Developers, Rockstar Games, TalonSoft, Joytech, DMA Design, PopTop, Mission Studios, Global Star and under the Take-Two brand name. The Company's Jack of All Games value added distribution arm maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Oslo, Stockholm, Copenhagen, Milan and Sydney. The Company recently formed Broadband Studios, Inc. to independently pursue technology and content opportunities within the emerging world of broadband game delivery.

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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; credit risks; inventory obsolescence; technological change; competitive factors; product returns; 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.

Media Contact: Mike Gathagan mgathagan@talonsoft.com 410-933-9191 410-933-1740 (fax)

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