Newly-formed Game Development Studio, Mumbo Jumbo, to Develop Game

Dallas, TX, January 09, 2001 -- Newly-formed game developer Mumbo Jumbo and developer-driven computer and video game publisher Gathering of Developers (www.godgames.com) today announced the production of real-time strategy game (RTS) Myth III: The Wolf Age, the third installment in the critically-acclaimed and highly-successful Myth PC game franchise. Mumbo Jumbo, based in Irvine CA, is headed by Mark Dochtermann and Ron Dimant, formerly of Ritual Entertainment. Gathering of Developers' parent company, Take Two Interactive (NASDAQ: TTWO) acquired the Myth property from its creator, Bungie Software, in May 2000. Myth III: The Wolf Age, will be released worldwide for the Mac and PC in November 2001.

"The Myth games are legendary in the world of RTS computer games," said Mike Wilson, CEO of Gathering. "This franchise has drawn in countless gamers and Mumbo Jumbo's Myth III: The Wolf Age will continue that legacy."

The Myth franchise has received industry accolades and developed a dedicated consumer following since the release of Myth: The Fallen Lords in November 1997. Since then, the game, and its sequel, Myth II: Soulblighter, has spawned gigabytes of game add-ons, volumes of fan fiction and lyric art, as well as a rare comic book series. Links to many web-based resources for the series are available online at Bungie.net.

"The teams at Gathering and Mumbo Jumbo have a real appreciation for what made the first two Myth games great," said Alex Seropian, Bungie Software co-founder. "We're confident that their knowledge and experience will make Myth III a title that satisfies existing Myth fans and brings legions of new gamers into the fold."

Myth III: The Wolf Age is a prequel to Bungie's original Myth games. Set ten centuries prior to Myth: The Fallen Lords, the game will focus on the exploits of Connacht, the first emperor of human lands, who saved mankind from the vile Myrkridia and Trow races.

The game will set new standards for 3D RTS games through the use of true 3D characters, procedural foliage, deformable terrain, innovative network games, a powerful roster of units and an engrossing story.

"The Myth franchise is known for innovative content and gameplay. Myth III will continue this tradition and also support the latest 3D technologies available for Windows, Mac OS 9 and Mac OS X," said Mumbo Jumbo President Mark Dochtermann.

Mumbo Jumbo's key developers include Scott Campbell, Patrick Hook, and Andrew Meggs. Campbell, Myth III: The Wolf Age's lead designer, was also lead designer for the award winning RPG, Fallout. Meggs, a veteran of cross-platform development, is the game's lead programmer. Lead level designer Patrick Hook has created levels for a number of Ritual Entertainment products, including Sin and Heavy Metal: F.A.K.K. 2. Completing the team as executive producer is former Apple partnership manager Michael Donges, who was instrumental in bringing top PC titles to the Macintosh platform.

About Mumbo Jumbo
Based in Irvine, CA, Mumbo Jumbo is a game developer founded by industry veterans, Ron Dimant and Mark Dochtermann. Mumbo Jumbo is dedicated to delivering innovative content for all game platforms including PC, Macintosh and console systems. Mumbo Jumbo's developers have worked on some of the industry's most successful games including Heavy Metal: F.A.K.K. 2, Bard's Tale 3, Wasteland, Fallout, Fighter Squadron, A-10 Cuba!, Sin, Quake Mission Pack #1, Duke Nukem 3D, and Rise of the Triad.

About Gathering of Developers
Founded in Dallas, TX in January 1998, Gathering of Developers is a developer-driven computer and video game publishing company, and a wholly-owned subsidiary of Take-Two Interactive Software, Inc (NASDAQ: TTWO). The company's mission is to be the worldwide leader in the development and delivery of commercially successful computer and video game software designed for a range of platforms. The company's pioneering partners are industry leaders and proven hit makers 3D Realms, Epic Games, PopTop Software, Ritual Entertainment, Terminal Reality Inc and Edge of Reality. For more information visit Gathering of Developers Web site at http://www.godgames.com.