TAKE TWO ANNOUNCES MAX PAYNE
August 3, 2001

Take-Two Interactive Software announced today that Rockstar Games will be bringing Max Payne to the PlayStation2 and Xbox this fall.

Since its initial shipment on PC a week ago, Max Payne has already debuted as the number 1 selling PC game in the U.K., Germany, and other major European markets. Domestically, while not yet officially ranked, the Company has been very pleased with what to date has been record first week North American sell-through for a Take-Two PC product in many major retail accounts.

Kelly Sumner, Chief Executive Officer, said, "To date, Max Payne has represented the largest critical and sell-through success Take-Two has ever had on the PC. We are very pleased to leverage the successful Max Payne brand franchise by releasing video game console versions of the product this Fall.''