Take-Two Interactive Software, Inc. Acquires Illusion Softworks

NEW YORK--(Business Wire)--Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced
the acquisition of Illusion Softworks, a premier Central
European-based game development studio with operations in Brno and
Prague, the Czech Republic. Illusion Softworks has approximately 200
employees and will join Take-Two's 2K Games publishing label as its
newest studio, 2K Czech.

Established in 1997, Illusion Softworks is the creator and owner
of several hit video game franchises, including Mafia, Hidden &
Dangerous and Vietcong. The studio is currently working with 2K Games
on Mafia II, the sequel to the original Mafia, which helped establish
the gangster genre and sold more than two million units.

"The acquisition of Illusion Softworks reflects our strategic
focus on owning high-value intellectual property as we continue to
expand our portfolio of triple-A titles," said Ben Feder, Chief
Executive Officer of Take-Two.

Christoph Hartmann, President of 2K, said, "Adding 2K Czech to our
network of development studios demonstrates our strong commitment to
creating great franchises and building world-class creative teams. The
2K Czech team is responsible for several very innovative and
highly-regarded franchises and we look forward to continuing to
develop new and existing IP together."

"We have an excellent working relationship with 2K Games and the
utmost respect for them," said Petr Vochozka, CEO of 2K Czech. "We are
pleased to become a 2K studio and are confident that this new
partnership will strengthen our current and future projects."

About Mafia II

Bred from enormous fan demand, Mafia II is the sequel to the
classic free roaming action-crime game that mesmerized gamers around
the world. Mafia II takes players on an unforgettable journey
interacting with Empire City's Mafia crime families from the early
'50s. Intense gameplay and a script by Daniel Vavra, the scriptwriter
of the original Mafia, provide the perfect synergy of action and
award-winning storytelling. The title is being developed for the Xbox
360(R) video game and entertainment system from Microsoft,
PLAYSTATION(R)3 computer entertainment system, and Games for
Windows(R).

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.

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"PlayStation", "PLAYSTATION", and "PS" Family logo are registered
trademarks of Sony Computer Entertainment Inc.

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their respective holders.

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2K Games
Marcelyn Ditter, 415-507-7554
marcelyn.ditter@2kgames.com
or
Take-Two Interactive Software, Inc.
Meg Maise, 646-536-2932
meg.maise@take2games.com
or
Access Communications for 2K Games
Chase, 415-844-6289
chase@accesspr.com

Copyright Business Wire 2008