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MLB Front Office Manager

Run a baseball team on your Xbox 360, PS3 or, indeed, PC.

New York, NY– October 9, 2008 – 2K Sports, the sports publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that MLB Front Office Manager, the next step in competitive fandom for baseball enthusiasts, will be available for the Xbox 360® video game and entertainment system from Microsoft, the PLAYSTATION®3 computer entertainment system and Windows PC this winter. According to Nielsen Media Research, over 3.5 million users signed on to fantasy baseball sites in 2007 and MLB Front Office Manager brings this popular American pastime to console while enhancing the fantasy baseball experience on PC.

MLB Front Office Manager lets gamers do everything a real-life baseball GM can do to develop a team from Spring Training TM through a full MLB season, into the playoffs and the World Series. Using Major League teams and players, gamers will create their own fictional baseball universe and build their reputation into elite status. Gamers can replace aging veterans with rookies, scout the Minor Leagues, make blockbuster trades, and even participate in bidding wars for posted players from Japan as they make their way to the Hall of Fame.

"If you have ever dreamed of running your team or thought you could do a much better job than the actual general managers out there then you'll love MLB Front Office Manager," said Greg Thomas, senior vice president of sports development at 2K. "Baseball fanatics can now be in the general manager's chair and see what it's like to really try to build a World Series winning team."

A true baseball general manager also acts as a mentor in MLB Front Office Manager. Legendary Oakland Athletics' GM Billy Beane will offer advice, encouragement and guidance as gamers steer a team through the intense competition that is Major League Baseball. Billy Beane is considered one of the most talented GM's in baseball today and has turned the Athletics into a consistent postseason contender since being named GM in 1997. Now, in MLB Front Office Manager, he passes that knowledge on to gamers.

"From negotiating trades to scouting new talent, MLB Front Office Manager has all the complexity and realism I could hope for in a game that is simulating what it means to be a Major League Baseball manager," said Oakland Athletics' General Manager Billy Beane. "I'm excited to be a part of a game that gives people a real world experience at what it's like to be in my shoes and take on the responsibility of building a Major League Baseball team."

MLB Front Office Manager offers two distinct game modes. Become the GM in Career Mode, and manage a team through a 30 year career that will hopefully lead to the Hall of Fame. As the gamer's knowledge and skill progresses over time, gamers will gain points to improve various areas and help the team win games as a result. With Online Fantasy Mode, create an online head-to-head management experience. With up to 30 Managers in the league, gamers can compete against friends to see who has what it takes to be the best.

MLB Front Office Manager, developed by Blue Castle Games and published by 2K Sports, is not yet rated by the ESRB and will be available for Xbox 360, Windows PC, and PLAYSTATION 3 system this winter. For more information, please visit www.2ksports.com.

About Take-Two Interactive Software

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®3 and PlayStation®2 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox 360 and Xbox video game and entertainment systems from Microsoft, Wii, Nintendo DS, Nintendo GameCube™ and Game Boy® Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K Games, 2K Sports and 2K Play, and distributes software, hardware and accessories in North America through its Jack of All Games subsidiary. 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.

Major League Baseball trademarks and copyrights are used with permission of Major League Baseball Properties, Inc. Visit the official Major League Baseball website at MLB.com © MLBPA-Official Licensee, Major League Baseball Players Association. Visit www.MLBPLAYERS.com, the Players Choice on the web.

Microsoft, Xbox, Xbox 360, Xbox LIVE, and the Xbox logos are trademarks of the Microsoft group of companies and are used under license from Microsoft.

"PlayStation", "PLAYSTATION" and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.

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

Important Legal Information

This press release may contain 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 current beliefs of our management as well as assumptions made by and information currently available to them. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Actual results may vary significantly from these forward-looking statements based on a variety of factors. These risks and uncertainties include the matters relating to the Special Committee's investigation of the Company's stock option grants and the restatement of our consolidated financial statements. The investigation and conclusions of the Special Committee may result in claims and proceedings relating to such matters, including previously disclosed stockholder and derivative litigation and actions by the Securities and Exchange Commission and/or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors. In addition, further risks and uncertainties associated with the Company's recently concluded process to evaluate its strategic alternatives include the risk that the future trading price of our common stock is likely to be volatile and could be subject to wide price fluctuations; and the risk that stockholder litigation in connection with the Company's process to evaluate its strategic alternatives (including stockholder litigation relating to Electronic Arts Inc.'s tender offer to acquire the Company's outstanding shares that expired on August 18, 2008) or otherwise, may result in significant costs of defense, indemnification and liability. Other important factors are described in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2007, in the section entitled "Risk Factors," as updated in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2008, in the section entitled "Risk Factors," and can be accessed at www.take2games.com. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. This communication does not constitute an offer to sell or invitation to purchase any securities or the solicitation of an offer to buy any securities.

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