Global Star Software Announces Carnival Games™ Exclusively For Nintendo's Wii™

Yes, You Can Win a Goldfish!

New York, NY - May 22, 2007 - Global Star Software, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), announced today that Carnival Games™ is coming this summer exclusively for Nintendo's Wii™. The title is being developed by Cat Daddy Games, the Take-Two studio that created the popular "Deal or No Deal" PC game.

Designed for families and children of all ages, Carnival Games brings home all the excitement and fanfare of a day at the carnival. The game will premiere among a select group of titles chosen by Nintendo at the May Media Summit on May 22 and 23 in Seattle.

"The moment you step into Carnival Games you can almost smell the funnel cakes as you are greeted by the barker and the sights and sounds of a classic carnival," said Steve Lux, Vice President of Publishing for Global Star Software. "The game was built from the ground up to take full advantage of the capabilities of the Wii Remote™, so the flick of your wrist in 'Alley Ball' makes the difference between scoring an impressive 100 points and a lowly 10 points. The ability to pound the Wii Remote like a sledgehammer with the right mix of power and finesse in 'Test of Strength' determines whether you are a Contender or a Grandma."

Carnival Games is designed for up to four players and features over 25 of the most popular games seen in midways and boardwalks throughout the world, including Clown Splash, Milk Can Toss, Nerves of Steel, Lucky Cups, Hoops, Day at the Races and the crowd-favorite Dunk Tank.

To add to the festivities, you can win over 250 unique, upgradeable virtual prizes in Carnival Games, from a goldfish to a giant stuffed animal twice as big as you are. Additionally, you can win rewards to customize your in-game characters, ranging from a Pirate's wardrobe to Viking horns.

No carnival experience would be complete without a mysterious fortune teller. Drop a ticket into the Great Swami machine and your future - whether the boy in your class has a crush on you or if you are going to get that promotion at work - may be instantly revealed.

"Carnival Games is the perfect addition to the growing lineup of family games for the Wii," said Steve Singer, Vice President, Licensing of Nintendo of America.

"We've worked hand-in-hand with Nintendo to ensure we've maximized both the technical and fun factor for Carnival Games on the Wii," said co-developers Harley Howe and Pat Wilkinson of Cat Daddy Games.

Carnival Games is not yet rated by the ESRB and will have a suggested retail price of $39.99. The title is planned for release this summer. Please visit www.globalstarsoftware.com/carnivalgames/ to view the gameplay trailer.

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® game console, PlayStation®2 and PLAYSTATION®3 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox® and Xbox 360™ video game and entertainment systems from Microsoft, Wii™, Nintendo GameCube™, Nintendo DS™ and Game Boy® Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K and 2K Sports, and Global Star Software; 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.

™, ®, Game Boy Advance, Nintendo GameCube, Nintendo DS and the Wii logo are trademarks of Nintendo. © 2006 Nintendo.

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

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains 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 stockholder 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. Other important factors are described in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2006 in the section entitled "Risk Factors".