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Take-Two Interactive Software, Inc. And Tecmo, Ltd Announce Tokobot

Become Bolt, an Agent for a Laboratory Investigating Ancient Technology and Controller of the Lovable and Highly Versatile Tokobots

FOR IMMEDIATE RELEASE

Windsor, UK - 19th January, 2006 - Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and Tecmo, Ltd today announced a European publishing agreement for Tokobot, developed by Tecmo for the PSPTM (PlayStation® Portable) system. Tokobot is anticipated to be released in March 2006.

Tokobot, Tecmo's first game for the PSP, is whimsical and wonderfully quirky. The storyline begins thousands of years ago, in the land of Moritari, where a prehistoric race created extraordinary technology that revolutionized life. Now, in modern times, this lost technology is being excavated from the ruins of the ancients by private labratories. However, the rediscovery of mini mechanised helpers, called Tokobots, has sparked interest from treasure hunters who plan to use the robots' powers to take over the world. It's up to our hero, Bolt, to foil their evil plan.

Players begin with just six Tokobots but, as the difficulty ramps up, the player will have to seek out extra robots in order to deal with the increasingly complex problems. Tokobots are able to generate 'joint actions' - a fusing together with Bolt to create ladders, swings and gliders - and can unify in Karakuri Combinations. Call one of these into action and watch your Tokobots merge and become a larger, much more powerful or more useful robot - such as the sword wielding samurai or block lifting crane.

The game also features a Time Attack mode once the player has completed the Story mode, as well as a selection of highly engaging mini games. The combined effect is a unique, fun and compelling gaming experience that can be played anywhere and at any time.

"Tokobot is a fantastic first title for the PSP from Tecmo," said James Ellingford, International Managing Director of Take-Two Interactive Software. "We're delighted to continue our work with Tecmo and are confident Tokobot will find favour with the PSP's already impressive install base."

For more information about Tokobot, including a bundle of screenshots depicting these cute robots in action, check out Tecmo's official website at www.tecmogames.com.

About Tecmo

Headquartered in Tokyo, Japan, Tecmo LTD has been creating some of the best arcade and console video games available since 1967 and distributes in Japan, North America, Europe and Asia. Tecmo strives to create the ultimate gaming experience - one that leaves a lasting impression for years to come.

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, PSPTM (PlayStation®Portable) system, the Xbox® video game and entertainment system from Microsoft, the Xbox 360TM video game and entertainment system from Microsoft, Nintendo GameCubeTM, Nintendo DSTM and Game Boy® Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K Games, 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) and Auckland. 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.

PSP and "UMD" are trademarks of Sony Computer Entertainment Inc. "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.

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

Safe Harbor Statement under the Private Securities 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 July 31, 2005 in the section entitled "Cautionary Statement and Risk Factors"

PR Contacts:

Jonnie Bryant

2K Games

01753 496 613

jonnie.bryant@take2europe.com

Ade Lawton

2K Games

01753 496 610

adrian.lawton@take2europe.com

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