CELEBRITY DEATHMATCH GAME
March 8, 2001

Take-Two Interactive Software recently began development of a title based on Celebrity Deathmatch, the popular MTV show. The agreement with MTV gives Take-Two the exclusive worldwide rights to publish titles based on MTV's properties, including Celebrity Deathmatch.

Kelly Sumner, Chief Executive Officer of Take-Two said, "We are very excited about bringing such a successful franchise to market and feel that the combination of this leading entertainment brand with next-generation consoles is a perfect fit for Take-Two, MTV and even more importantly the fans of Celebrity Deathmatch."

"We are very pleased with the success we've had in both building our brand franchises as well as our leading position on the next-generation consoles," continued Mr. Sumner, "our recent titles, ONI, Midnight Club: Street Racing and Smuggler's Run for the Playstation2 have positioned Take-Two Interactive as a leader on the next-generation platforms."