ACTIVISION’S SPIDER-MAN® ACHIEVES SONY COMPUTER ENTERTAINMENT AMERICA’S “GREATEST HITS” STATUS

Santa Monica, CA – November 14, 2001 – Activision, Inc.’s (Nasdaq: ATVI) Spider-Man for the PlayStation game console has been included in Sony Computer Entertainment America’s “Greatest Hits” series which features PlayStation titles that have sold more than 400,000 or more units in North America.  The game has been repackaged with the “Greatest Hits” green stripe and carries a suggested retail price of $19.99.  Earlier this year, consumers worldwide named Spider-Man the PlayStation Choice Awards’ “Game of the Year.”

Spider-Man is the first free-roaming, 3D action/adventure game featuring the most recognized Super Hero of all time.  Players can employ all of Spider-Man’s trademark skills, including web-slinging, wall-crawling, agility and “Spider-Sense.”  Players must utilize Spider-Man’s super strength and superior wit to battle evil-doers and protect the innocent as they help solve a variety of puzzles and defeat old and new super villains alike.

The game’s sequel, Spider-Man 2: Enter Electro is currently available for the PlayStation game console for a suggested retail price of $39.99 and is rated “E” (“Everyone” –Violence – content suitable for persons ages 6 and older) by the ESRB.

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 http://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.

Marvel, Spider-Man and related characters are trademarks of Marvel Characters, Inc. and are used with permission.  2001 Marvel Characters, Inc.  All rights reserved. 

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