Take-Two News Release

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Take-Two Interactive Software, Inc. Postpones Reporting Results for Second Quarter Fiscal 2013 and Conference Call Due to Catastrophic Weather
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To be rescheduled as soon as practical pending improved weather conditions

NEW YORK--(BUSINESS WIRE)--Oct. 30, 2012-- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced today that due to catastrophic weather conditions in the region of its corporate headquarters, the Company is postponing reporting the results of its second quarter of fiscal year 2013 and its corresponding conference call, which was scheduled for Tuesday, October 30, 2012 at 4:30 p.m. Eastern Time. The Company will reschedule the reporting of its results and conference call and announce the details as soon as practical pending improved weather conditions and its aftermath in the region.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, marketer and publisher of interactive entertainment for consumers around the globe. The Company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K, which publishes its titles under the 2K Games, 2K Sports and 2K Play brands. Our products are designed for console systems, handheld gaming systems and personal computers, including smartphones and tablets, and are delivered through physical retail, digital download, online platforms and cloud streaming services. The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at http://www.take2games.com.

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Cautionary Note Regarding Forward-Looking Statements

The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, our dependence on our Grand Theft Auto products and our ability to develop other hit titles for current generation platforms, the timely release and significant market acceptance of our games, the ability to maintain acceptable pricing levels on our games, our ability to raise capital if needed and risks associated with international operations. Other important factors and information are contained in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2012, in the section entitled "Risk Factors," and the Company's other periodic filings with the SEC, which can be accessed at www.take2games.com. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Source: Take-Two Interactive

Take-Two Interactive Software, Inc.
Henry A. Diamond, 646-536-3005 (Investor Relations)
Senior Vice President
Investor Relations & Corporate Communications
Henry.Diamond@take2games.com
or
Take-Two Interactive Software, Inc.
Alan Lewis, 646-536-2983 (Corporate Press)
Vice President
Corporate Communications & Public Affairs
Alan.Lewis@take2games.com