Codemasters Names Nick Wheelwright Chief Executive

Codemasters Names Nick
Wheelwright Chief Executive

New York – Oct. 21, 2004 –
Codemasters, a leading developer and international publisher of computer and
video games, today announced that Nick Wheelwright has been appointed Chief
Executive of Codemasters Group Ltd.

Wheelwright joined Codemasters more
than 11 years ago as finance director. He became managing director in 1996 and
led the company’s international expansion and growth through the to the $100
million developer and publisher of today.

David Darling, Codemasters’
Chairman, announced the appointment today: “Nick plays an integral part in
Codemasters’ success and I’m delighted to have him as Chief Executive. His
management and market understanding are valuable assets as we work towards some
of our most successful years in the global market place.”

In his new capacity as Chief
Executive, Wheelwright will be responsible for implementing the strategic goals
and objectives of the company, while providing direction and leadership toward
the achievement of the organization’s mission and objectives.

The new role also sees Wheelwright
chairing Codemasters’ Product Planning Group, which, in consultation with
development and publishing, is the channel for green-lighting new product
creation and franchise extension.

“I am delighted to take the position
of Chief Executive and feel very excited about the company’s prospects in the
global market place. We have superb development and international publishing
teams, supported by strong, focused management and a proven track record in
producing definitive gaming brands across a wide range of genres,” said
Wheelwright. “As the market grows, Codemasters will continue its growth
utilizing both our established game brands and the original properties that we
will bring to market on current and future generation gaming formats.”

Codemasters is one of the strongest
privately owned companies in the computer and video game industry with key
gaming brands including Colin McRae Rally, ToCA Race Driver, Operation
Flashpoint, LMA Manager, and the Club Football range of official team-specific
games.

Employing more than 400 people
globally, the company was recently ranked in the top 20 global game publishers
in a report by Game Developer Magazine.

ABOUT CODEMASTERS

Codemasters is a global interactive
entertainment company with offices in New York City, England, France, Spain,
Holland and Germany. Founded in the UK in 1986, Codemasters publishes
award-winning software for the PC, next generation video game consoles and
online gaming. Codemasters develops original titles such as Operation Flashpoint
(PC Game-of-the-year) and ToCA Race Driver, as well as games based on top
licensed properties including American Idol, MTV Music Generator and IndyCar
Series. Additional information about Codemasters and its products can be found
at www.codemasters.com