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2K Announces Sid Meier's Railroads! Has Gone Gold

Creator of "Civilization" Marks the Return of Legendary Series

New York, NY - October 11, 2006 - 2K, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and Firaxis Games, the Company's world-renowned development studio, today announced that Sid Meier's Railroads! for PC has gone to gold master and will be available at stores in North America on October 17 and in Europe on October 27. Sid Meier's Railroads! marks the return of one of the most beloved strategy titles of all time and a concept that launched a whole genre and inspired a new generation of strategy games.

Sid Meier's Railroads! returns in a vibrant 3D world delivering exciting multiplayer options, in-game customization tools, streamlined interface and unmatched gameplay that's easy to learn yet challenging to master. Legendary game designer Sid Meier and Firaxis Games, creators of the highest rated computer strategy game* Civilization IV, put gamers in charge of building the greatest rail empire in the nation - managing trains, cargo and the bottom line - while engaging in all-out corporate warfare against rival tycoons, slick entrepreneurs, and robber barons.

"It's a dream come true to be reunited with a game I created early in my career, that has been played and enjoyed by generations of strategy, simulation, and train fans around the world," said Sid Meier, Firaxis Director of Creative Development. "This re-imagining of the original will deliver exciting and challenging gameplay experiences for years to come."

For more information on the title visit the official website at www.sidmeiersrailroads.com

*According to GameRankings.com average scores of computer strategy games.

About Firaxis

Firaxis Games is one of the world's premier game development studios, and home of legendary designer Sid Meier. Firaxis has developed some of the most successful and award-winning computer and video games on the market today including; 2005 PC Game of the Year - Sid Meier's Civilization IV®, the recently released expansion Civilization IV®: Warlords, Sid Meier's Pirates! ® (PC and Xbox), the blockbuster Sid Meier's Civilization III ® series, and Sid Meier's SimGolf ®. Firaxis legacy titles include the Sid Meier's Civil War Series! ® (Gettysburg!, Antietam!, and South Mountain), and the Sid Meier's Alpha Centauri ® series. In 2005, Firaxis Games was acquired by Take-Two Interactive Software, Inc., joining its 2K publishing label.

About Take-Two Interactive Software, Inc.

Headquartered in New York City, Take-Two Interactive Software, Inc. is a global developer, marketer, distributor and publisher of interactive entertainment software games for the PC, PlayStation® game console, PlayStation®2 and PLAYSTATION®3 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox® and Xbox 360 video game and entertainment systems from Microsoft, Nintendo GameCube, Nintendo DS and Game Boy® Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K and 2K Sports, and Global Star Software; and distributes software, hardware and accessories in North America through its Jack of All Games subsidiary. Take-Two also manufactures and markets video game accessories in Europe, North America and the Asia Pacific region through its Joytech subsidiary. The Company maintains sales and marketing offices in Cincinnati, New York, Toronto, Geneva, London, Paris, Munich, Madrid, Milan, Sydney, Breda (Netherlands), Auckland, Shanghai and Tokyo. Take-Two's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at www.take2games.com.

All trademarks and copyrights contained herein are the property of their respective holders.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to them. The Company has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements based on a variety of factors. These risks and uncertainties include the final conclusions of the Special Committee and the Board of Directors concerning matters related to the Company's stock option grants, including, but not limited to, the accuracy of the stated dates of option grants and whether all proper procedures were followed, the impact of any restatement of financial statements of the Company or other actions that may be taken or required as a result of such reviews; the timing of the completion of the Special Committee's investigation; and the possibility that the Special Committee's investigation or any governmental investigation may reveal issues that the Company does not currently realize exist. In addition, the investigation and possible conclusions of the Special Committee may require additional expenses to be recorded; may adversely affect the Company's ability to file required reports with the U.S. Securities and Exchange Commission ("SEC") on a timely basis, the Company's conclusions on the effectiveness of internal control over financial reporting and disclosure controls and procedures, and the Company's ability to meet the requirements of the NASDAQ Stock Market for continued listing of the Company's shares; and may result in claims and proceedings relating to such matters, including shareholder litigation and actions by the SEC and/or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors. Other important factors are described in the Company's Form 10-Q for the quarter ended April 30, 2006 in the section entitled "Risk Factors".

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