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To: Nietzsche who wrote (74906)	5/13/1999 10:42:00 AM
From: Rock_nj	Read Replies (3) \| Respond to of 119973

IPLY here's the story: Interplay Signs Letter of Intent With Titus Interactive For $25 Million Equity Agreement IRVINE, Calif., May 12 /PRNewswire/ -- Interplay Entertainment Corp. (Nasdaq: IPLY - news), a leading interactive entertainment software company, today announced that Titus Interactive S.A., a publicly traded French company (TITP.LN) has signed a letter of intent to make a strategic equity investment of $25 million in Interplay purchasing 6.25 million shares of Common Stock at $4 per share. In connection with this proposed transaction, Brian Fargo, Interplay's chairman and chief executive officer, would also swap two million personal shares of Interplay Common Stock for an agreed upon number of Titus shares. This investment follows the March 19, 1999 transaction in which Titus purchased shares of Interplay Entertainment Common Stock for $10 million.