Take-Two Announces Serious Sam: Next Encounter

GLOBALSTAR ANNOUNCES SERIOUS SAM: NEXT ENCOUNTER FOR THE PLAYSTATION®2 AND NINTENDO GAMECUBE

Serious Sam To Also Debut On The Game Boy® Advance With Serious Sam Advance

New York – March 4, 2004 – Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced today that its Global Star publishing division will release Serious Sam: Next Encounter for the PlayStation®2 computer entertainment system and Nintendo GameCube. Developed by Climax, the all new alien-blasting adventure will feature online play for up to eight players and two-player split screen action on the PlayStation 2, a four-player deathmatch option on the Nintendo GameCube, and two-player cooperative mode for both platforms. In addition, Global Star will also release Serious Sam Advance for the Game Boy® Advance, the first Serious Sam title for the system. Serious Sam: Next Encounter will be available this spring on both the PlayStation 2 and Nintendo GameCube for $19.99, while Serious Sam Advance will also debut this spring for $19.99.

Serious Sam: Next Encounter finds Sam gearing up once again to defend the Earth from Mental and his limitless extra-terrestrial hordes. Sam is launched back in time to rid the alien scum from more than 40 levels spread throughout three beautifully rendered, massive new time periods – Ancient Rome, Feudal China and legendary Atlantis. For the first time ever, Sam will have access to vehicles to help him mow down the enemies, and of course he’ll be armed to the teeth with an arsenal that contains old favorites and some high-powered new additions. Throughout it all, Serious Sam: Next Encounter maintains the same hilarious and high speed shoot-‘em-up action that fans have come to love, while introducing loads of new gameplay to keep old hands and newcomers alike coming back for more.

Serious Sam Advance introduces even more original adventures for Sam set in Ancient Egypt and Rome. This new GBA title features the signature fast paced Serious Sam gameplay, including never-before-seen enemies and bosses and up to four-player deathmatch mode via the use of the Game Boy Advance Game Link® Cable.

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, Xbox®, Nintendo GameCube and Game Boy® Advance. The Company publishes and develops products through its wholly owned subsidiary labels: Rockstar Games, Gathering, Global Star and Joytech. The Company maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Vienna, Milan, Sydney, Amsterdam 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.

About Climax Climax was originally founded in 1988 by Karl Jeffery and has since grown to become one of the world's leading interactive entertainment companies. As ever, its aim is to deliver high quality game experiences in both its original and licensed products. Climax has achieved critical worldwide acclaim with award winning titles such as the MotoGP series, which was published by THQ. The company recently won the Grand Prix Award - the most prestigious to be awarded at the Develop magazine ceremony. Striving to keep at the cutting edge of technological development within the videogame industry, Climax now has six divisions worldwide - Portables, Brighton, Solent, Nottingham and London - and now LA, its first U.S. studio. Climax is an active technology and content developer for the following platforms: PC, Sony PlayStation 2, Microsoft Xbox, Nintendo Game Boy Advance & Gamecube, Interactive TV, Online and Wireless. Current projects include Sudeki, a first party Xbox title and Warhammer Online, a stunning MMORPG. The Climax website is located at: www.climaxgroup.com