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Activision Begins Shipment of Over the Hedge(TM): Hammy Goes Nuts!

All New "Nutty" Adventures Debut on Game Boy(R) Advance

SANTA MONICA, Calif., Oct 12, 2006 -- Mischief and mayhem will hit the handhelds with the release of Activision, Inc.'s (Nasdaq:ATVI) Over the Hedge TM : Hammy Goes Nuts! for the Game Boy ® Advance. Starring the beloved characters from the hit DreamWorks Animation film "Over the Hedge," this all-new adventure re-teams Hammy with RJ the raccoon, Verne the turtle and Stella the skunk, and sets them on a quest into the 'burbs' when Hammy's beloved cable TV goes out and they have to restore the signal -- and Hammy's happiness. Over the Hedge: Hammy Goes Nuts for the Game Boy ® Advance is available now for a suggested retail price of $29.99. A Nintendo DS TM version of the game will be available on October 24 for the same suggested retail price and Over the Hedge: Hammy Goes Nuts! for the PSP ® (PlayStation ® Portable) system will hit retail stores in November for a suggested retail price of $39.99. All versions are rated "E" for Everyone.

"Building on the success of the 'Over the Hedge' film and video game, we have worked with DreamWorks Animation to create an all-new movie-inspired adventure," said Kim Salzer, vice president of global brand management, Activision Publishing. "Over the Hedge: Hammy Goes Nuts gives kids the chance to further engage themselves in the world of their favorite woodland creatures as they experience even more of their signature humor, friendship and fun."

Over the Hedge: Hammy Goes Nuts! for the Game Boy Advance features 30 levels where players play as nine different characters and are equipped with boomerangs, golf clubs and other backyard items. In Quick Play mode, gamers can visit all unlocked levels to earn high scores. Players can also choose to play with friends in hot-seat multiplayer mode, which allows up to four people to play in any of the previously unlocked levels.

In the Nintendo DS game, players help Hammy and their favorite woodland creatures explore neighborhood homes for items that will help them get revenge on Dwayne the Exterminator. Over the Hedge: Hammy Goes Nuts! for the Nintendo DS also takes advantage of the touch screen system, enhanced dual-screen display and lets fans re-live moments from the game via a replay feature.

In the PSP system version, fans interact with new characters, explore 3D environments and experience "Hammy Time," which allows Hammy to race around and overcome opponents in the blink of an eye. Players will also experience wireless multiplayer gameplay, 3D and interactive environments, and new characters.

Headquartered in Santa Monica, Calif., Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted net revenues of $1.47 billion for the fiscal year ended March 31, 2006.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia, Spain, the Netherlands and South Korea. More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com.

The statements made in this press release that are not historical facts are "forward-looking statements." These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. The Company cautions readers of this press release that a number of important factors could cause Activision's actual future results to differ materially from those expressed in any such forward-looking statements. Such factors include, without limitation, product delays, retail acceptance of our products, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation and an informal SEC inquiry, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities. These important factors and other factors that potentially could affect the Company's financial results are described in our filings with the Securities and Exchange Commission, including the Company's most recent Annual report on Form 10-K and Quarterly Report on Form 10-Q. Readers of this press release are referred to such filings. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company's assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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