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Take-Two Interactive Software, Inc. and Tecmo, Ltd Announce Tokobot Plus: Mysteries Of The Karakuri

Control Bolt and his wonderfully versatile robot helpers in this unique and compelling gaming experience for PlayStation®2

FOR IMMEDIATE RELEASE

Geneva, Switzerland - 07 October, 2006 - Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and Tecmo, Ltd today announced a European publishing agreement for Tokobot Plus: Mysteries Of The Karakuri. Developed by Tecmo for the PlayStation®2 computer entertainment system, Tokobot Plus is anticipated to be released in November 2006.

The fantastic gameplay and irresistibly cute characters of Tecmo's Tokobot finally arrive on PlayStation 2 in a specially enhanced version and features significant new elements above and beyond the PSP® (PlayStation®Portable) system version of the game.

Exclusive features for the PlayStation 2 include:

10 new stages: specially designed and created for the PlayStation 2 with an upgraded treasure hunting mini-game that allows for power upgrades for the Tokobots and Bolt. New exclusive characters, such as an "Instructor," a rival character and others, creating a fun extension to the original Tokobot adventure. Over 30 different types of enemies, with 16 boss enemies creating havoc in the ruins. (10 from the original PSP version and 6 exclusive to PlayStation 2) Upgraded Time Attack Mode: Play your favourite stage to locate rare treasures only accessible in this mode. The storyline follows Bolt, a young man living in the land of Moritari, where a prehistoric race once created extraordinary technology. Lost for millennia, this technology is now being excavated from ruins by private laboratories. However, the rediscovery of the Tokobots, wondrous mini-mech companions, catches the attention of evil treasure hunters, who plot to use their powers to take over the world. It's up to you, playing as Bolt, to put a stop to their dastardly plan.

Players begin with just six Tokobots but will soon have to seek out extra robots in order to deal with increasingly complex problems. Tokobots are able to join together with Bolt to create useful 'Karakuri Combinations', such as ladders, swings and gliders. Master these and watch your Tokobots go into 'Overdrive', merging to become ultimate weapons like the Samurai Hover, Mega Hammer, or SuperTank!

"Tokobot Plus is another great game from Tecmo," said James Ellingford, International Managing Director of Take-Two Interactive Software. "Following our successful partnership last year, we're very happy to be working with Tecmo again and we're confident the Tokobots will find a place in the hearts of a whole new audience on PlayStation 2."

Tokobot Plus: Mysteries Of The Karakuri for the PlayStation 2 is rated PEGI 3+ (Tbc) and will be available in Europe in November 2006 for £19.99. For more information, please visit the official web page at http://www.tecmogames.com/games.asp?id=31

- ends -

PR Contacts:

Jo Upton

Take-Two Interactive

+44 (0)1753 496 613

jo.upton@take2europe.com

Ade Lawton

Take-Two Interactive

+44 (0)1753 496 610

adrian.lawton@take2europe.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 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, 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 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, Geneva, London, Paris, Munich, Madrid, 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.

Tokobot Plus: Mysteries of the Karakuri ® TECMO, LTD. 2006

"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 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 final conclusions of the Special Committee and the Board of Directors concerning matters related to the Company's stock option grants, including, but not limited to, the accuracy of the stated dates of option grants and whether all proper procedures were followed, the impact of any restatement of financial statements of the Company or other actions that may be taken or required as a result of such reviews; the timing of the completion of the Special Committee's investigation; and the possibility that the Special Committee's investigation or any governmental investigation may reveal issues that the Company does not currently realize exist. In addition, the investigation and possible conclusions of the Special Committee may require additional expenses to be recorded; may adversely affect the Company's ability to file required reports with the U.S. Securities and Exchange Commission ("SEC") on a timely basis, the Company's conclusions on the effectiveness of internal control over financial reporting and disclosure controls and procedures, and the Company's ability to meet the requirements of the NASDAQ Stock Market for continued listing of the Company's shares; and may result in claims and proceedings relating to such matters, including shareholder litigation and actions by the SEC and/or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors. Other important factors are described in the Company's Form 10-Q for the quarter ended April 30, 2006 in the section entitled "Risk Factors".

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