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10:00 (BST), 14/11/2008

Swordfish Studios acquisition

Press Release PROVIDED BY GAMES PRESS

...Facilitating an accelerated expansion of its development talent base, Codemasters® today announced it has reached an agreement with Activision Vivendi to take over Swordfish Studios, the Birmingham-based games development house. Financial terms of the transaction were not disclosed.

The deal brings immediate additional resource to Codemasters’ development operations. Under the terms of the agreement Swordfish Studio’s development team will be integrated and managed as part of Codemasters’ network of studios. Trevor Williams, founder and managing director of Swordfish Studios, will continue to lead the studio reporting to Gavin Cheshire, VP, Codemasters Studios.

Carrying the Codemasters Studios imprint, the studio will create original content using the company’s proprietary EGO Engine, the technology behind racing hits and and is currently powering the highly-anticipated .

“We are committed to growing our studio operations across multiple facilities and increasing the internal capability of Codemasters’ creative resource,” said Gavin Cheshire, VP, Codemasters Studios. “There is a strong heritage and a compatible skill set, which has enabled us to fast track growth plans and allows for ease of management. Codemasters has ramped up as a UK games development powerhouse with a scalable support infrastructure that allows for rapid deployment of the highly versatile EGO Engine.”

With a 15-year heritage, Swordfish is a past recipient of Best UK Studio in the Develop Industry Excellence Awards and Best Company in the TIGA Awards. Swordfish and Codemasters have partnered previously for the development of hit sports titles and . Most recently Swordfish led the creation of for Vivendi.

The Birmingham studio becomes the Codemasters’ fourth major development hub and joins established operations Codemasters Studios Guildford (UK), Codemasters Studios Kuala Lumpur (Malaysia) and its central base which operates from Codemasters’ corporate headquarters in Warwickshire (UK).

Codemasters continues its recruitment drive for development talent in all studios locations, details of positions are available at www.codemasters.com or email recruitment@codemasters.com

Stu Taylor

Barrington Harvey

01462 456 780

stuart.taylor@bhpr.co.uk

Anna Larke

Barrington Harvey

01462 456 780

anna.larke@bhpr.co.uk

Download game artwork, screens and essential Codemasters’ press materials direct to your desktop from: http://www.codemasters.com/mediabank

Codemasters is a leading developer and publisher of best-selling interactive entertainment products for a global audience across multiple gaming platforms and channels. Established in 1986, the company’s dominant brands include Colin McRae DiRT, Race Driver GRID, Overlord and Operation Flashpoint; the company recently secured the exclusive worldwide video game rights to FORMULA 1. Codemasters is the recipient of the UK Developer of the Year title from the 25th Golden Joystick Awards and, most recently, Codemasters Studios recently won the UK Development Team category in the MCV Industry Excellence Awards 2008. Codemasters’ cross-platform development technology the EGO™ Engine was named Best Technology 2007 in the awards hosted by TIGA, the Independent Game Developers Association. Codemasters is headquartered in Warwickshire UK, with North American operations based in Universal City, Calif. The company also maintains operations in Japan, Germany, France, Spain, Benelux and Malaysia. Codemasters receives over two million visitors to its web site every month, discover why at www.codemasters.com

Codemasters supports askaboutgames.com www.askaboutgames.com - a UK initiative designed to help parents understand the age ratings system for computer and video games so that they can make more informed choices when choosing games for their children.

Codemasters is a registered trademark owned by The Codemasters Software Company. All other trademarks are the property of their respective owners. “PlayStation”, “PLAYSTATION” and “PS” Family logo are registered trademarks of Sony Computer Entertainment Inc. Xbox, Xbox 360, and Xbox LIVE are trademarks of the Microsoft group of companies. Wii AND NINTENDO DS ARE TRADEMARKS OF NINTENDO.

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