Press Release
ACTIVISION’S LATEST MARVEL-INSPIRED TITLE X-MEN: THE OFFICIAL GAME TO FEATURE TOP STORY WRITINGAND MUSICAL COMPOSITION TALENT

Writers Zak Penn and Chris Claremont, Womb Music and Chance Thomas Create an Original Storyline and Musical Score That Captures the Power of Marvel’s X-Men™ Movie Universe

Santa Monica, CA – March 27, 2006 – Activision, Inc. (Nasdaq: ATVI) has tapped world class film, comic book and musical talent to contribute their creative powers to its upcoming Marvel-inspired title, X-Men: The Official Game, the only game tied to Twentieth Century Fox and Marvel Studios’ upcoming film, “X-Men: The Last Stand.”  Co-written by Zak Penn, co-screenwriter for the feature film, and legendary comic book writer, Chris Claremont, the game will immerse players in an original storyline that serves as a prelude to the upcoming movie.  X-Men: The Official Game will feature a dynamic musical score created by leading sound company Womb Music, and Chance Thomas, renowned composer of King Kong, Lord of the Rings and Unreal videogames.

For the first time ever, X-Men: The Official Game will allow players to command the superpowers of three popular characters from the X-Men movie universe and immerse themselves in the roles of Wolverine, Nightcrawler, and Iceman as they traverse unique environments that showcase each character’s Super Hero abilities in an epic struggle to preserve mutant-kind.

X-Men: The Official Game is being developed by Z-Axis for the PlayStationÒ2 computer entertainment system and the XboxÔ and XboxÔ 360 video game systems from Microsoft.  The Nintendo® GameCubeÔ version is being developed by Hypnos Entertainment; the Nintendo DSÔ version by Amaze Entertainment; the Game Boy® Advance version by Wayforward Technologies and Beenox Studios is developing the PC version.

The PC and console games are rated "T" (Teen - with violence) by the ESRB and the Game Boy Advance and Nintendo DS titles are rated "E-10+" for (Everyone 10 and older - with fantasy violence).  X-Men: The Official Game will debut at retail outlets nationwide on Tuesday, May 16, 2006.

About Marvel Entertainment, Inc.

With a library of over 5,000 characters, Marvel Entertainment, Inc. is one of the world's most prominent character-based entertainment companies.  Marvel's operations are focused on utilizing its character franchises in licensing, entertainment, publishing and toys.  Areas of emphasis include feature films, DVD/home video, consumer products, video games, action figures and role-playing toys, television and promotions.  Rooted in the creative success of over sixty years of comic book publishing, Marvel's strategy is to leverage its character franchises in a growing array of opportunities around the world.  More information about Marvel can be found at www.marvel.com.

About Twentieth Century Fox

One of the world’s largest producers and distributors of motion pictures, Fox Filmed Entertainment produces, acquires and distributes motion pictures throughout the world.  These motion pictures are produced or acquired by the following units of FFE:  Twentieth Century Fox, Fox 2000, Fox Searchlight Pictures and Twentieth Century Fox Animation.

About Activision, Inc.

Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.  Founded in 1979, Activision posted net revenues of $1.4 billion for the fiscal year ended March 31, 2005.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia, Spain and the Netherlands.  More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com.

The statements made in this press release that are not historical facts are “forward-looking statements.”  These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties.  The Company cautions readers of this press release that a number of important factors could cause Activision's actual future results to differ materially from those expressed in any such forward-looking statements. Such factors include, without limitation, product delays, retail acceptance of our products, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities.  These important factors and other factors that potentially could affect the Company’s financial results are described in our filings with the Securities and Exchange Commission, including the Company’s most recent Annual report on Form 10-K and Quarterly Report on Form 10-Q.  Readers of this press release are referred to such filings. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company’s assumptions or otherwise.  The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Marvel, X-Men and all related character names and the distinctive likenesses thereof are trademarks of Marvel Characters, Inc. and are used with permission. Copyright Ó 2006 Marvel Characters, Inc. All rights reserved. www.marvel.com. © 2006 Twentieth Century Fox Film Corporation.  All rights reserved.

Super Hero(es) is a co-owned registered trademark.