Rockstar Games Announces Grand Theft Auto: Vice City Stories for the PSP™ (PlayStation®Portable) System

New York, NY - May 10, 2006 - Rockstar Games, the universally-renowned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), is proud to announce Grand Theft Auto: Vice City Stories. Developed by Rockstar Leeds in conjunction with series creators Rockstar North, Grand Theft Auto: Vice City Stories will be available exclusively on the PSP system in North America on October 17th, 2006 and Europe on October 20th, 2006.

"The success of Liberty City Stories on the PSP system was nothing short of spectacular," said Sam Houser, Founder of Rockstar Games and Executive Producer. "The incredible PSP system technology allowed us to do things we never thought possible on a handheld system and we are excited to once again give our audience a fresh experience in one of their favorite locales in the Grand Theft Auto series, Vice City. With Grand Theft Auto: Vice City Stories we look to once again smash expectations of portable gaming, bringing an all new story and exciting new gameplay elements to this classic setting."

"Our collaboration with Rockstar Leeds has been a tremendous experience," said Leslie Benzies, President of Rockstar North. "Together we have been able to create uncompromising experiences on the PSP system that not only stay true to our initial vision for the series but that surpasses our own goals of what could be done on a handheld. Grand Theft Auto: Vice City Stories will thrill longtime fans and excite new PSP system gamers like never before."

"We are proud of what we were able to achieve with Rockstar North on Grand Theft Auto: Liberty City Stories," said Gordon Hall, President of Rockstar Leeds. "By staying true to the high standards of the series and surpassing fans' expectations for a Grand Theft Auto title on a portable machine we feel confident that Grand Theft Auto: Vice City Stories will redefine what handheld gaming is capable of with the most intense PSP system experience yet."

Grand Theft Auto: Vice City Stories is a new game in the Grand Theft Auto series with an entirely new storyline, new missions and gameplay that brings an unprecedented experience to mobile gaming. Grand Theft Auto: Vice City Stories features the interactive, open environment of Vice City with professional voice talent, a diverse soundtrack and high production values that have become trademarks of this landmark series.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is an integrated global developer, marketer, distributor and publisher of interactive entertainment software games and accessories for the PC, PlayStation® game console, PlayStation®2 computer entertainment system, 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 products 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, London, Paris, Munich, Madrid, Vienna, 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.

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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 important factors are described in the Company's Form 10-Q for the quarter ended January 31, 2006 in the section entitled "Cautionary Statement and Risk Factors".