Take-Two Interactive Software, Inc. to Report Third Quarter Fiscal 2008 Results on...

Take-Two Interactive Software, Inc. to Report Third Quarter Fiscal 2008 Results on Thursday, September 4, 2008

NEW YORK--(Business Wire)--
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced today
that it will report financial results for the third quarter ended July
31, 2008 on Thursday, September 4, 2008 after the market close. A
conference call to discuss the results will be held at 4:30 p.m.
Eastern Time and can be accessed by dialing (877) 407-0984 or (201)
689-8577. A live listen-only webcast of the call will be available by
visiting http://ir.take2games.com and a replay will be available
following the call at the same location.

About Take-Two Interactive Software

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

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. In addition, the Company has
announced it is currently evaluating its strategic alternatives.
Further risks and uncertainties associated with the Company's process
to evaluate its strategic alternatives 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 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 the Company's process
to evaluate its strategic alternatives (including stockholder
litigation relating to Electronic Arts Inc.'s tender offer to acquire
the Company's outstanding shares that expired on August 18, 2008) 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 April 30,
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. 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 the
Company's process to evaluate its strategic alternatives or otherwise.

Take-Two Interactive Software, Inc.
Meg Maise, 646-536-2932
meg.maise@take2games.com

Copyright Business Wire 2008