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Technology Stocks : Take Two Interactive Software (TTWO: Nasdaq) taking off!
TTWO 254.79+0.9%3:59 PM EST

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To: John Miz who wrote (6)5/29/1999 2:45:00 PM
From: BANCHEE   of 191
 
John
Also from ,,,,,

Wednesday May 19, 10:10 am Eastern Time

Company Press Release

Take-Two Interactive Software, Inc. Announces That
Its Grand Theft Auto Franchise is Topping European
Charts

NEW YORK--(BUSINESS WIRE)--May 19, 1999--Take-Two Interactive Software,
Inc. (NASDAQ:TTWO - news) announced today that its Grand Theft Auto franchise continues to rank strongly on European
video game and PC game sell-through charts.

For the week ended May 16, Grand Theft Auto: London 1969 (PC / Sony PlayStation) continued to hold the No. 1 position in
the United Kingdom's ChartTrack ''All Formats'' chart, while the original Grand Theft Auto (PC/SonyPlaystation), rose to No.
2 in the same chart, a full 76 weeks after its initial release. The original Grand Theft Auto has been in the ChartTrack ''All
Formats'' top 20 for all of its 76 weeks in release. Grand Theft Auto products currently hold a top ten position in sell-through
charts in Sweden, Norway, Denmark, France, Austria, Germany, and Italy.

GTA: London 1969 is an expansion disk for owners of the original PlayStation or PC version of Grand Theft Auto. It is the first
ever expansion disk available for the Sony PlayStation.

The company's Rockstar Games division, which published GTA: London 1969, began showing GTA 2, the PlayStation and
PC sequel to GrandTheft Auto, at last weeks Electronic Entertainment Expo (''E3'') in Los Angeles. GTA 2 is expected to be
released in October.

Sam Houser, President of Rockstar Games, said, ''The Grand Theft Auto franchise has proven to hold a longevity that is
unusual to find in a video game series. We look forward to continuing this trend with the release of GTA 2, and subsequent
theme based mission packs.''

Take-Two Interactive Software, Inc. is an integrated global developer, marketer, distributor, and publisher of interactive
entertainment software games and accessories for the PC, Sony PlayStation, Nintendo 64, Nintendo Game Boy Color and the
Sega Dreamcast. Take-Two is headquartered in New York City, with publishing, marketing, and sales offices in the United
Kingdom, Germany, France, and Australia and a licensing office in Japan. The company owns and operates the following
development and/or publishing studios: Rockstar Games, Mission Studios, GearHead Entertainment, Tarantula Studios, and
TalonSoft.

The company maintains a broad reaching partnership with, and 19.9% equity interest in, Gathering of Developers, the Dallas
based corporate union of six of the world's premier game development companies. The company's Jack of All Games
subsidiary is a global value added distributor of entertainment software with distribution offices in Cincinnati, New York,
London, Paris, Munich, Oslo, Stockholm, Copenhagen and Sydney. The Company owns and operates DVDWave.com, a
Berkeley, California based Internet retailer of DVD movies.

All trademarks and copyrights contained herein are the property of their respective holders.

Safe Harbor Statement under the Private Securities Reform Act of 1995: The statements contained herein which are not
historical facts are forward-looking statements that involve risks and uncertainties including, but not limited to, risks associated
with the Company's future growth and operating results, the ability of the Company to successfully integrate the business and
personnel of newly acquired entities into its operations, credit risks, inventory obsolescence, technological change, competitive
factors, and unfavorable general economic conditions. Actual results may vary significantly from such forward-looking
statements. Take-Two undertakes no obligation to update forward-looking statements contained within this press release.

Contact:

Take-Two Interactive Software, Inc., New York
Ryan Brant (financial), 212/941-2988
Fax: 212/941-2997
or
Tricia Gray (media), 212/941-2988
Fax: 212/941-2997
E-mail: tricia@take2games.com
or
Wolfe Axelrod Associates, New York
Donald C. Weinberger
Stephen D. Axelrod, CFA
Susan Bolon (media)
212/370-4500
Fax: 212/370-4505
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