ACTIVISION'S TONY HAWK'S PRO SKATER® 4 NAMED 2002 PLAYSTATION®2 GAME OF THE YEAR AND BEST CONSOLE SPORTS GAME OF THE YEAR BY GAMESPY

Santa Monica, CA  -- December 20, 2002  -- Activision, Inc.'s (Nasdaq: ATVI) Tony Hawk's Pro Skater® 4 was honored with the 2002 PlayStation®2 computer entertainment system "Game Of The Year" (GOTY) award by GameSpy Industries.   GameSpy, which acknowledges the best in interactive entertainment at the end of each year, also recognized the title as a GOTY runner-up on the Xbox(tm) video game system from Microsoft, Nintendo GameCube(tm) and Nintendo Game Boy® Advance.  Additionally, the critically acclaimed Tony Hawk's Pro Skater 4 was named "Best Console Sports Game Of The Year" across all next-generation and handheld platforms.  The awards were announced on GameSpy.com throughout this week, with more honors to be handed out next week.

Tony Hawk's Pro Skater 4 is currently available for the PlayStation®2 computer entertainment system, Xbox(tm) video game system from Microsoft and Nintendo GameCube(tm) for a suggested retail price of $49.99; and the PlayStation game console and Nintendo Game Boy® Advance for $29.99.  The ESRB ratings are as follows:  "T" (Teen - Blood, Comic Mischief, Mild Lyrics, Suggestive Themes) for the PlayStation 2, Xbox, Nintendo GameCube; "E" (Everyone - Mild Lyrics, Mild Violence) for the PlayStation; and "E" (Everyone - Animated Blood) for the Game Boy Advance.

Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.  Founded in 1979, Activision posted revenues of $786 million for the fiscal year ended March 31, 2002.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Japan, Australia, Scandinavia and the Netherlands.  More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com.