GRAND THEFT AUTO 3 SHIPS FOR THE PLAYSTATION(R)2 COMPUTER ENTERTAINMENT SYSTEM

Rockstar Games Has Made Bail And Released Grand Theft Auto 3 Today, October 23, 2001

NEW YORK, NY - October 23, 2001-- Rockstar Games, Take-Two Interactive Software, Inc.'s (NASDAQ:TTWO) high end video game publishing division has shipped "Grand Theft Auto 3," the title which Maxim magazine recently referred to as "a mafioso masterpiece", for the PlayStation(R)2 computer entertainment system.

"'Grand Theft Auto 3' is the magnum opus epitomizing the wide-ranging visions of what we have dreamt of creating for years," stated Sam Houser, president of Rockstar Games. "I believe that this game will do for the video game industry what The Godfather did for the film industry, and open up doors into creating unique and entertaining mature fiction. The idea of having an open environment, gripping storyline and complete freedom will stimulate both gamers and developers to drive the industry forward, not least in the direction we have taken with 'Grand Theft Auto 3'."

"Throughout the year, anticipation for this title has continually exceeded our already lofty expectations. With press in the United States claiming that 'this title could very well change the way games are made' (Official PlayStation Magazine) and European press following suit with comments like 'in one fell swoop your entire games collection has become obsolete, all other games seeming pathetic attempts to waste your time' (Play magazine,UK) this is the first time the gaming press worldwide has so unanimously endorsed one of our products," commented Kelly Sumner, Chief Executive Officer of Take-Two Interactive. "'Grand Theft Auto 3' stands out from the crowd of first-rate titles coming out this year and that is a testament to the hard work that DMA Design and Rockstar Games have put into developing and marketing a title that is ground-breaking and truly speaks to the consumer."

About "Grand Theft Auto 3"

The previous incarnations of "Grand Theft Auto" have achieved cult status worldwide and have sold over 4.7 million units to date. Now, the third installment of "Grand Theft Auto" is set to hit the world stage as a groundbreaking, genre-busting title. Featuring a fully 3D living city, a combination of narrative driven and non-linear gameplay and a completely open environment, the game represents a huge leap forward in interactive entertainment. For the first time, players are put at the heart of their very own gangster movie, and let loose in a fully realized 3-Dimensional city, in which anything can happen and probably will….