INFOGRAMES ACQUIRES INFOGRMES NORTH AMERICA
September 11, 2000

Infogrames, Inc., formerly GT Interactive Software, today announced it has entered into an agreement with majority shareholder Infogrames Entertainment SA to join forces with Infogrames North America, Inc. The transaction will take place through a merger of Infogrames North America with a newly formed wholly-owned subsidiary of Infogrames, Inc. The Company will issue 28 million shares of common stock to Infogrames Entertainment SA, who will own approximately 88% of it.

"We are very excited about integrating our operations in North America," stated Bruno Bonnell, Chairman and CEO of Infogrames. "We believe that this will continue to strengthen the Infogrames global family, and more specifically our North American presence, by combining the two organizations into one industry power."

The decision to acquire Infogrames North America is a result of several months of evaluation by a specially formed committee of the Company's Board of Directors comprised solely of independent directors.

The Company will continue to trade under Infogrames, Inc.'s listing on the Nasdaq National Market. The merger is expected to close on October 2nd or shortly thereafter.