Take-Two News Release

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Rockstar Games announces Grand Theft Auto: Vice City Stories for the PlayStation(R)2 computer entertainment system

NEW YORK--(BUSINESS WIRE)--Feb. 7, 2007--Rockstar Games, the world-renowned publishing label of Take-Two Interactive Software, Inc. (Nasdaq: TTWO), announced today that Grand Theft Auto: Vice City Stories will be coming to the PlayStation 2 system. The title will be available in North America on March 6, 2007 and will be on European retail shelves on March 9, 2007.

Since its release in October, Grand Theft Auto: Vice City Stories for the PSP(R) (PlayStation(R)Portable) system has garnered praise and acclaim worldwide. Grand Theft Auto: Vice City Stories offers PlayStation 2 system owners a big screen experience of the same storyline and missions, featuring the open-world, innovative gameplay, incredible production values and diverse music that are the trademarks of the Grand Theft Auto franchise.

About Take-Two Interactive Software, Inc.

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(R) game console, PlayStation(R)2 and PLAYSTATION(R)3 computer entertainment systems, PSP(R) (PlayStation(R)Portable) system, Xbox(R) and Xbox 360(TM) video game and entertainment systems from Microsoft, Wii(TM), Nintendo GameCube(TM), Nintendo DS(TM) and Game Boy(R) 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.

"PlayStation," and the "PS" Family logo and "PSP" are registered trademarks of Sony Computer Entertainment Inc. Memory Stick Duo(TM) may be required (sold separately).

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 final conclusions of the Special Committee and the Board of Directors concerning matters related to the Company's stock option grants, including, but not limited to, the accuracy of the stated dates of option grants and whether all proper procedures were followed, the impact of any restatement of financial statements of the Company or other actions that may be taken or required as a result of such reviews; the timing of the completion of the Special Committee's investigation; and the possibility that the Special Committee's investigation or any governmental investigation may reveal issues that the Company does not currently realize exist. In addition, the investigation and possible conclusions of the Special Committee may require additional expenses to be recorded; may adversely affect the Company's ability to file required reports with the U.S. Securities and Exchange Commission ("SEC") on a timely basis, the Company's conclusions on the effectiveness of internal control over financial reporting and disclosure controls and procedures, and the Company's ability to meet the requirements of the NASDAQ Stock Market for continued listing of the Company's shares; and may result in claims and proceedings relating to such matters, including shareholder litigation and actions by the SEC and/or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors. Other important factors are described in the Company's Form 10-Q for the quarter ended April 30, 2006 in the section entitled "Risk Factors".


    CONTACT: Rockstar Games
             Hosi Simon, 212-334-6633
             hosi.simon@rockstargames.com
             or
             Take-Two Interactive Software, Inc.
             Corporate Press/Investor Relations
             Jim Ankner, 646-536-3006
             james.ankner@take2games.com

    SOURCE: Take-Two Interactive Software, Inc.