This press release (thanks Ken) announces the completion of Elders Scrolls IV: Oblivion and announces March 20 as the release date for both the PC and Xbox 360 editions of the eagerly anticipated next installment in Bethesda Softworks' RPG series. This information is also now reflected in The Elder Scrolls FAQ (thanks Richard). Here's a bit from the announcement:

Rockville, MD - March 2, 2006 - Bethesda Softworks® and 2K Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that the highly-anticipated role-playing game, The Elder Scrolls® IV: Oblivion™ has gone to gold master and will be available in stores in North America and Europe during the week of March 20. Oblivion will be available for Xbox 360™ video game and entertainment system from Microsoft and PC in both regular and collector's editions.

"Our most ambitious project ever is finally done," said Todd Howard, executive producer of Oblivion. "We're excited to get the game into everyone's hands and let them experience it for themselves. We hope they enjoy it. I think it's our best game yet."

Oblivion is an epic, open-ended single-player RPG for the next generation providing gamers with one of the most life-like gaming experiences to date. The powerful combination of unprecedented graphics and freeform gameplay allows gamers to unravel the main quest or explore the vast world at their own pace. Oblivion is the fourth chapter in the award-winning Elder Scrolls series that includes Morrowind® (2002 RPG of the year - Computer Gaming World), Daggerfall™ (1996 RPG of the year -- PC Gamer), and Arena (1994 RPG of the year - Computer Player).