ACTIVISION’S TONY HAWK’S PRO SKATER™ 3 FOR PLAYSTATION®2 COMPUTER ENTERTAINMENT SYSTEM DROPS ONTO NORTH AMERICAN RETAIL shelves  

Game Receives Perfect Scores from Three Top Gaming Outlets

Santa Monica, CA.  – November 1, 2001  --  Activision Inc.’s (Nasdaq: ATVI)  highly anticipated holiday game Tony Hawk’s Pro Skater™ 3 for the PlayStation®2 computer entertainment system has dropped onto North American retail shelves.  Early reviews indicate that the game is on track to continue its winning run having scored 10 out 10 by PlayStation Magazine, 5 out of 5 from Official PlayStation Magazine and a perfect 10 from top online site GameSpot.com.  Tony Hawk’s Pro Skater™ 3 for the PlayStation 2 computer entertainment system is rated “T” (Teen – with blood, mild lyrics and suggestive themes) and carries as suggested retail price of $49.99.  The title is also available for the PlayStation® game console and is rated  “E” (Everyone – with mild lyrics and violence)  with a suggested retail price of $39.99.

Tony Hawk’s Pro Skater 3 is the revolutionary sequel to the best-selling sports game of 2000.  Featuring eight massive levels filled with people, traffic, and other interactive elements, the game’s environments are brought to life with richer graphics and advanced special effects.  Smoother life-like animations and significantly improved tricks capture the style of the world's best skateboarding pros.  Further improving on the franchise’s intuitive control scheme, the game allows players to perform tricks and combos in some of the world’s most popular skate locations including Los Angeles, Canada and Tokyo. 

Players can also create their own custom characters with the game’s robust Create-A-Skater feature.  Choosing from hundreds of options, players can customize the look for each character by choosing gender, height, weight, skin tones, accessories and tattoos.  

Tony Hawk’s Pro Skater 3 will be the first online game for the PlayStation 2 computer entertainment system.   Console gamers can log onto the Internet and skate in virtual skateparks with their friends from around the world. 

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 revenues of $620 million for the fiscal year ended March 31, 2001.

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

The statements contained in this release that are not historical facts are “forward-looking statements.”  The Company cautions readers of this press release that a number of important factors could cause Activision’s actual future results to differ materially from those expressed in any such forward-looking statements.  These important factors, and other factors that could affect Activision, are described in Activision’s Annual Report on Form 10-K for the fiscal year ended March 31, 2001, which was filed with the United States Securities and Exchange Commission.  Readers of this press release are referred to such filings.

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