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Take-Two Interactive Software and Monte Cristo Announce Distribution Agreement for Silverfall on the PSP® (PlayStation®Portable) system

FOR IMMEDIATE RELEASE

Geneva, Switzerland - April 6, 2007 Take Two Interactive Software, Inc. (NASDAQ: TTWO) today announced a distribution agreement between Take-Two and Monte Cristo Games, granting Take-Two the European sales and distribution rights to Silverfall on the PSP® (PlayStation®Portable) system. The title will be available in June 2007.

Set in an amazing fantasy world, this action role playing game features expansive worlds filled with different creatures. Players must take sides between the two great powers in a world where forces of nature and technology collide. Throughout the adventure, the player makes choices that directly affect his or her destiny.

Features include:

An RPG experience with total freedom on character evolution A journey into amazing and beautifully rendered fantasy worlds A tactical approach to combat - more than 80 character attributes allow for a high level of customisation as you fight your way through 35 creatures and seven bosses, each with specific strengths and Achilles' heels Constant rewards and active exploration through a vast treasure trove of items to collect Head-to-head multiplayer mode up to four players and two player cooperative mode Multiple gameplay and combat choices (nature / technology / magic / melee / ranged) "We are thrilled to be working with Monte Cristo Games to bring this title to European consumers," said James Ellingford, International Managing Director of Take-Two. "Silverfall is another great game for the PSP system and we're confident players will find this pure action RPG adventure highly rewarding."

"Take-Two Interactive Software has the benefit of an industry leading sales and distribution network, and a proven track record of releasing great games," said Jerome Gastaldi, COO of Monte Cristo Games. "Through this agreement, Silverfall will reach the largest audience possible."

About Monte Cristo

Monte Cristo is a leading independent executive producer of entertainment software. Since 1995, the company has released 25 products. Based in Paris (France) and in Kiew (Ukraine) Monte Cristo currently focuses its production and design resources towards city builder and role playing games.

For more information on Monte Cristo visit http://www.montecristogames.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® 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, Wii, 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'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.

"PlayStation", the "PS" Family logo and "PSP" are registered trademarks of Sony Computer Entertainment Inc. Memory Stick Duo may be required (sold separately).

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 matters relating to the Special Committee's investigation of the Company's stock option grants and the restatement of our consolidated financial statements as well as the risks and uncertainties stated in this release. The investigation and conclusions of the Special Committee may result in claims and proceedings relating to such matters, including previously disclosed shareholder 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, there can be no assurance that the actions taken or to be taken by the Company as described herein will ensure the continued listing of the Company's common stock on NASDAQ. Other important factors are described in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2006 in the section entitled "Risk Factors".

CONTACT

Jo Upton

Take-Two Interactive Software Inc.

+44 (0) 1753 496 613

Jo.upton@take2europe.com

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