Take-Two Interactive Software, Inc. and XS Games LLC Announce The Red Star

FOR IMMEDIATE RELEASE

Geneva, Switzerland - 5th March 2007 - Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and XS Games today announced a European publishing agreement for The Red Star. Developed by XS Games for the PlayStation®2 computer entertainment system, The Red Star is anticipated to be released on 6 April 2007.

Enter a world of chaotic warfare, industrial technology and arcane magic in a parallel universe, where soldiers of a Russian-inspired superpower fight for their liberty and their lives against the powerful forces of an evil Dark Lord and his ruthless assassin.

Game features include:

This gripping tale follows Sorceress Major Maya Antares and her faithful guardian, combat and weapons expert Kyuzo, who have devoted their lives to the service and defence of the United Republics of the Red Star (U.R.R.S.). Under the command of Skymarshall Urik Antares, Maya and Kyuzo have led the crew of the Skyfurnace Konstantinov through countless battles. But now, while entrenched in the war to control the rogue Republic of Nokgorka, Maya and Kyuzo meet a Resistance Fighter named Makita. This ferocious young warrior holds the key to a dark conspiracy that reveals the entire U.R.R.S. to be under the control of the Dark Lord Imbohl and his chief assassin, Troika, the Harvester of Souls.

Makita, Kyuzo and Maya unite to defeat Troika's tyranny as the Konstantinov and crew mutiny from the Red Fleet. Troika, at the helm of the fleet's flagship vessel the Taktarov, unleashes a deadly assault to bring the rebels to heel. Under the watchful command of Urik and Maya, Kyuzo and Makita embark upon a final fight to unite the scattered Republics of the Red Star and liberate them from Troika's rule.

"The Red Star is an accomplished and exciting title that we're thrilled to be bringing to gamers," said James Ellingford, International Managing Director of Take-Two. "Its unique combination of combat and shooter gameplay styles and the rich universe of its comic book heritage delivers an experience unrivalled on PlayStation 2."

The Red Star for the PlayStation 2 is rated PEGI 12+ (Tbc) and will be available in the UK on 6 April 2007 for £19.99. For further information, visit www.redstargame.com

About XS Games

XS Games Limited is a Publisher of PlayStation, Xbox and Nintendo Games.

About Christian Gossett

Internationally published as an artist and writer at the age of nineteen, Chris Gossett was one of the first designers hired by Lucasfilm Licensing to retro-design the Star Wars galaxy in 1993. The Phantom Menace included Gossett's work in the form of Darth Maul's double-edged lightsabre. Gossett then worked on the Apocalypse videogame, starring Bruce Willis, for the Sony PlayStation; he designed the main characters and wrote the final draft of the script. On Pitfall 3D, starring Bruce Campbell, Gossett performed the same duties and wrote, co-directed and drew nine minutes of additional story animation. His latest project, The Red Star, is a comic book mixing traditional drawings and computer generated images.

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.

The Red Star ® 2006 XS Games LLC.

"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 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 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".

PR Contacts:

Jo Upton

Take-Two Interactive

+44 (0)1753 496 603

jo.upton@take2europe.com

Ade Lawton

Take-Two Interactive

+44 (0)1753 496 610

adrian.lawton@take2europe.com