Take-Two Interactive Software, Inc. Appoints Paul Viera to Board of Directors

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NEW YORK–(BUSINESS WIRE)–Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced that
Paul Viera has been appointed to the Company’s Board of Directors
effective May 18, 2018. In addition, Mr. Viera has been appointed to
Take-Two’s Audit Committee. With the appointment of Mr. Viera, the size
of Take-Two’s Board of Directors increases from six to seven members,
six of whom are independent.

Mr. Viera is the founder and chief executive officer of Earnest
Partners, a global investment firm responsible for overseeing over $20
billion for municipalities, states, corporations, endowments, and
universities. Prior to founding Earnest Partners in 1998, Mr. Viera was
a Vice President at Bankers Trust in both New York and London and later
joined Invesco, where he became a global partner and senior member of
its investment team.

“We are very pleased to bolster the depth and strength of our Board of
Directors through the appointment of Paul Viera,” said Strauss Zelnick,
Chairman and CEO of Take-Two. “His proven leadership skills, vast
business experience and financial acumen will be an asset to our board
as we continue to position our Company for continued success and for
sustainable shareholder value creation.”

“For 25 years, Take-Two has captivated and engaged audiences around the
world by delivering many of the interactive entertainment industry’s
most critically acclaimed and commercially successful titles,” added
Paul Viera. “I look forward to working with the organization’s board and
management as Take-Two continues to broaden its global business through
its renowned commitment to creativity and innovation.”

Mr. Viera serves as a Trustee of the Woodruff Arts Center in Atlanta,
Georgia and as a member of its investment committee. He is also a member
of the board of managers of Direct Scripts LLC, the Board of Dean’s
Advisors for Harvard Business School, the Council on Foreign Relations,
the Carter Center Board of Councilors, the National Center for Human &
Civil Rights, the University of Michigan School of Information External
Advisory Board, the Cristo Rey Atlanta Jesuit High School Board and the
Emory University Board of Visitors.

Mr. Viera received a BA in Economics from the University of Michigan and
an MBA from the Harvard Business School.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a
leading developer, publisher and marketer of interactive entertainment
for consumers around the globe. The Company develops and publishes
products principally through its wholly-owned labels Rockstar Games and
2K, as well as its new Private Division label and Social Point, a
leading developer of mobile games. Our products are designed for console
systems and personal computers, including smartphones and tablets, and
are delivered through physical retail, digital download, online
platforms and cloud streaming services. The Company’s common stock is
publicly traded on NASDAQ under the symbol TTWO. For more corporate and
product information please visit our website at http://www.take2games.com.

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

Cautionary Note Regarding Forward-Looking
Statements

The statements contained herein which are not historical facts are
considered forward-looking statements under federal securities laws and
may be identified by words such as “anticipates,” “believes,”
“estimates,” “expects,” “intends,” “plans,” “potential,” “predicts,”
“projects,” “seeks,” “should,” “will,” or words of similar meaning and
include, but are not limited to, statements regarding the outlook for
the Company’s future business and financial performance. Such
forward-looking statements are based on the current beliefs of our
management as well as assumptions made by and information currently
available to them, which are subject to inherent uncertainties, risks
and changes in circumstances that are difficult to predict. Actual
outcomes and results may vary materially from these forward-looking
statements based on a variety of risks and uncertainties including: our
dependence on key management and product development personnel, our
dependence on our Grand Theft Auto products and our ability to
develop other hit titles, the timely release and significant market
acceptance of our games, the ability to maintain acceptable pricing
levels on our games, and risks associated with international operations.
Other important factors and information are contained in the Company’s
most recent Annual Report on Form 10-K, including the risks summarized
in the section entitled “Risk Factors,” the Company’s most recent
Quarterly Report on Form 10-Q, and the Company’s other periodic filings
with the SEC, which can be accessed at www.take2games.com.
All forward-looking statements are qualified by these cautionary
statements and apply only as of the date they are made. The Company
undertakes no obligation to update any forward-looking statement,
whether as a result of new information, future events or otherwise.

Contacts

Take-Two Interactive Software, Inc.
(Investor Relations)
Henry
A. Diamond, 646-536-3005
Senior Vice President, Investor Relations
& Corporate Communications
Henry.Diamond@take2games.com
or
(Corporate
Press)
Alan Lewis, 646-536-2983
Vice President, Corporate
Communications & Public Affairs
Alan.Lewis@take2games.com

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