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Take-Two Interactive Software, Inc. Announces Open Market Purchases of Its Common Stock by Certain Officers and Directors

(EMAILWIRE.COM, November 29, 2000 ) NEW YORK -- Take-Two Interactive Software, Inc. (NASDAQ: TTWO), announced today that certain of its and its subsidiaries' Officers and, or, Directors, including its President, Paul Eibeler, and Chief Financial Officer, James "Chip" David, have purchased approximately 80,000 shares of the Company's Common Stock in the open market during the past week.

Headquartered in New York City, 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, Sega Dreamcast and the Sony PlayStation 2. The Company publishes and develops products through various wholly owned subsidiaries including: Rockstar Games, Gathering of Developers, TalonSoft, Joytech, DMA Design, PopTop and under the Take-Two brand name. The Company's Jack of All Games value added distribution arm maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Oslo, Vienna, Stockholm, Copenhagen, Milan and Sydney.

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 (including statements such as "intends", "believes", "anticipates", and "expects") 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 operations and personnel of newly acquired companies; the availability of adequate sources of financing to fund periodic cash flow shortages; technology development risks; credit risks; seasonal factors; inventory obsolescence; technological change; competitive factors; product returns; failure of retailers to sell-through the Company's products; and unfavorable general economic conditions, any, or all of which, could have a material adverse effect on the Company's business, operating results, including results for the Company's fourth quarter of 2000 and fiscal 2001, and financial condition. The Company's actual operating results may vary ignificantly 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
Chip David (financial)
Jeff Castaneda (media)
212/334-6633; 212/334-6644 fax
or
Wolfe Axelrod Weinberger Assoc. LLC, New York
Stephen D. Axelrod, CFA
Donald C. Weinberger
Denise Ford (media)
212/370-4500; 212/370-4505 fax
E-mail: don@wolfeaxelrod.com

Contact Information:
Take-Two Interactive Software, Inc.
Joseph Nchor
Tel:
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