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EIDOS ANNOUNCES DEVELOPMENT DEAL WITH AVALANCHE STUDIOS

For immediate release 21st October 2004

Eidos, one of the world's leading publishers and developers of entertainment software, announces it has signed a development deal with Swedish based Avalanche Studios.

Avalanche Studios specialises in the creation of innovative game concepts using its cutting edge proprietary technology. It is developing an action game entitled Just Cause for Eidos, which will be released in 2005 on PlayStation 2, Xbox and PC.

Martin Alltimes, head of European external development at Eidos, says:

"Avalanche Studios offers a great fit to Eidos' product strategy of developing original content utilising ground-breaking technology. Building on the excellent work to date, I am confident this relationship will produce an exceptional game."

Christofer Sundberg, director of Avalanche, says:

"We are very proud to be part of the Eidos developer network. Eidos is a strong and ambitious publisher with a long history of releasing AAA titles and making blockbusters out of original content. Our ambition is to build a long term relationship with our publishing partner, and Eidos has already proven to be an excellent choice."

For further information, please contact:

Mark Allen (PR Manager) or Roxana Daneshmand (PR Assistant) at:

Eidos, Wimbledon Bridge House, 1 Hartfield Rd, Wimbledon, London SW19 3RU

Tel: 020 8636 3000; Fax: 020 8636 3001

About Eidos

Eidos plc is one of the world's leading publishers and developers of entertainment software with a diverse mix of titles for the PC, PlayStation®2 computer entertainment system, Nintendo GameCubeTM and the Xbox video game system from Microsoft. For more information on Eidos and its products visit www.eidos.com

About Avalanche

Avalanche Studios specializes in the creation of videogames for leading and next-generation platforms. Founded in 2003 by Christofer Sundberg and Linus Blomberg, Avalanche Studios was launched with the vision of becoming one of the top independent developers in the European games industry and focuses on developing innovative intellectual properties and exceptional proprietary technology. The much experienced development team at Avalanche Studios consists of talent that has made individual achievements in the teams responsible for blockbusters such as the BattlefieldTM series, Chronicles of RiddickTM and the HeadhunterTM series. Avalanche Studios is based in the heart of Stockholm, Sweden and currently employs 40 people and. For more information on Avalanche Studios and its projects visit www.avalanchestudios.se.

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