Take-Two Interactive Software, Inc. Announces Results of Annual Meeting of Stockholders

Stockholders Re-elect Board of Directors and Vote in Favor of all
Other Proposals
NEW YORK--(Business Wire)--
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced
the results of the stockholder vote at the Annual Meeting of
Stockholders held today. Stockholders voted by a significant majority
in favor of all of the proposals as detailed in Take-Two's proxy
filing.

Take-Two's Board of Directors was re-elected and stockholders
approved a proposal to amend the Company's Incentive Stock Plan.
Stockholders also approved the appointment of Ernst & Young LLP as the
Company's independent registered public accounting firm for the fiscal
year ending October 31, 2008.

"Today's vote demonstrates stockholders' confidence in management
and the Board of Directors of Take-Two," said Strauss Zelnick,
Chairman of the Board of Take-Two. "The Board and management remain
committed to acting in the best interests of stockholders. We are
confident in the significant growth potential of Take-Two and in the
unique value of our business given our strong position in this dynamic
industry."

A listen-only archive of the webcast of the Annual Meeting of
Stockholders is available via the internet by visiting
http://ir.take2games.com.

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)3
and PlayStation(R)2 computer entertainment systems, PSP(R)
(PlayStation(R)Portable) system, Xbox 360(R) and Xbox(R) 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 Games, 2K Sports and 2K Play, 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.

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

Important Legal Information

In connection with the tender offer commenced by Electronic Arts
Inc., the Company has filed with the Securities Exchange Commission a
Solicitation/Recommendation Statement on Schedule 14D-9. The Company's
stockholders should read carefully the Solicitation/Recommendation
Statement on Schedule 14D-9 (including any amendments or supplements
thereto) prior to making any decisions with respect to Electronic
Arts' tender offer because it contains important information. Free
copies of the Solicitation/Recommendation Statement on Schedule 14D-9
and the related amendments or supplements thereto that the Company has
filed with the SEC are available at the SEC's website at www.sec.gov.
This communication does not constitute an offer to sell or invitation
to purchase any securities or the solicitation of an offer to buy any
securities, pursuant to Electronic Arts' tender offer or otherwise.

This press release may contain 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 matters relating to the Special Committee's
investigation of the Company's stock option grants and the restatement
of our consolidated financial statements. The investigation and
conclusions of the Special Committee may result in claims and
proceedings relating to such matters, including previously disclosed
shareholder and derivative litigation and actions by the Securities
and Exchange Commission and/or other governmental agencies and
negative tax or other implications for the Company resulting from any
accounting adjustments or other factors. Further risks and
uncertainties associated with Electronic Arts' tender offer to acquire
the Company's outstanding shares are as follows: the risk that key
employees may pursue other employment opportunities due to concerns as
to their employment security with the Company; the risk that the
acquisition proposal will make it more difficult for the Company to
execute its strategic plan and pursue other strategic opportunities;
the risk that the future trading price of our common stock is likely
to be volatile and could be subject to wide price fluctuations; and
the risk that stockholder litigation in connection with Electronic
Arts' tender offer, or otherwise, may result in significant costs of
defense, indemnification and liability. Other important factors are
described in the Company's Annual Report on Form 10-K for the fiscal
year ended October 31, 2007, in the section entitled "Risk Factors,"
as updated in the Company's Quarterly Report on Form 10-Q for the
fiscal quarter ended January 31, 2008, in the section entitled "Risk
Factors." All forward-looking statements are qualified by these
cautionary statements and are made only as of the date they are made.

Take-Two Interactive Software, Inc.
Meg Maise, 646-536-2932
(Corporate Press/Investor Relations)
meg.maise@take2games.com
or
Brunswick Group
Steve Lipin
Nina Devlin
212-333-3810
taketwo@brunswickgroup.com

Copyright Business Wire 2008