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Press release from Business Wire

2K Sports Announces Major League Baseball® 2K12 Now Available

<p class='bwalignc'> <i>Marks return of thrilling $1 Million Perfect Game Challenge</i> </p>

Tuesday, March 06, 2012

2K Sports Announces Major League Baseball® 2K12 Now Available08:00 EST Tuesday, March 06, 2012 NEW YORK (Business Wire) -- 2K Sports today announced that Major League Baseball® 2K12 is now available on the Xbox 360® video game and entertainment system from Microsoft, PlayStation®3 computer entertainment system, Wii™ system, PlayStation®2 computer entertainment system, PSP® (PlayStation®Portable) system, Nintendo DS™ hand-held system and Windows PC. Major League Baseball 2K12 is now available for the Xbox 360. (Photo: Business Wire) Major League Baseball 2K12 features a new dynamic ratings system designed to enhance the battle at the plate; revamped throwing system that makes fielding more realistic; new hit distribution system that allows for more varied and realistic hits; and an enhanced My Player mode. Additionally, this year 2K Sports announces the all-new MLB Today Season Mode that lets players complete an entire season at the same pace as their favorite MLB team. Using the powerful MLB Today engine, fans can track and compare their stats and record to their real-life counterparts. Gamers can play through their team's real schedule, one game a day, and see if they can play their way to a World Series title. Developed by 2K Sports' Visual Concepts studio, Major League Baseball 2K12 will once again feature the $1 Million Perfect Game Challenge. This year's contest, which returns for the third consecutive year and begins on Major League Baseball's Opening Day, April 4, 2012, elevates the competition by staging a live, eight-person single elimination tournament to determine who walks away with the $1 million grand prize. The finalists will be determined by a dynamic leaderboard ranking the top perfect games thrown. Gamers can repeatedly attempt to improve their position on the leaderboard through April 30, 2012. For more on this year's Perfect Game Challenge, please visit facebook.com/mlb2k. “I'm not perfect, but I've sure come close,” said Detroit Tiger's ace pitcher and Major League Baseball 2K12 cover athlete Justin Verlander. “I can't wait to watch this competition unfold and see who will be the newest inductee into the 2K Sports ‘Perfect Club' - a club I'm determined to get into myself.” “Winning this competition is life changing,” said Brian Kingrey, winner of last year's Perfect Game Challenge. “I was a nervous wreck just trying to pitch a perfect game from home, so I can't even begin to imagine how the final eight competitors are going to feel. I'm excited to see how the contest plays out.'” Major League Baseball 2K12 is rated E for everyone by the ESRB and is now available. 2K Sports is a division of 2K, a wholly owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO). ©MLBPA- Official Licensee, Major League Baseball Players Association. Visit the Players Choice on the web at, www.MLBPLAYERS.com. Rules and Regulations GAME MUST BE PLAYED ON XBOX 360 OR PlayStation®3 system. OPEN TO LEGAL RESIDENTS OF THE 50 U.S. (D.C.), 13 OR OLDER (EXCLUDING AZ, CT, MD, ND, & VT). VOID IN AZ, CT, MD, ND, VT AND WHERE PROHIBITED. PERFECT GAME CHALLENGE QUALIFYING ROUND (“THE PERFECT CLUB”) BEGINS ON 4/4/12 AT 9:00:01 AM PT AND ENDS AT 11:59:59 PM PT ON 4/30/12. PERFECT CLUB FINALISTS (IF ANY) WILL BE THE TOP 8 VERIFIED PERFECT GAMES IN ACCORDANCE WITH THE OFFICIAL RULES. PERFECT CLUB FINALISTS WILL BE REQUIRED TO COMPETE IN A TOURNAMENT FOR GRAND PRIZE. PERFECT CLUB FINALISTS AND GRAND PRIZE WINNER SUBJECT TO VERIFICATION. GRAND PRIZE WILL NOT BE AWARDED UNLESS AN ELIGIBLE ENTRANT THROWS A PERFECT GAME BY 4/30/12. SUBJECT TO THE OFFICIAL RULES LOCATED AT WWW.2KSPORTS.COM/PERFECTGAME. Sony Computer Entertainment America LLC takes no responsibility for this offer. This content was not sponsored by Microsoft. About Take-Two Interactive Software Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, marketer and publisher of interactive entertainment for consumers around the globe. The Company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K, which publishes its titles under the 2K Games, 2K Sports and 2K Play brands. Our products are designed for console systems, handheld gaming 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. "PlayStation" is a registered trademark of Sony Computer Entertainment America Inc. Microsoft, Xbox, Xbox 360, Xbox LIVE, and the Xbox logos are trademarks of the Microsoft group of companies and are used under license from Microsoft. Wii and Nintendo DS are trademarks of Nintendo. 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," "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 for current generation platforms, the timely release and significant market acceptance of our games, the ability to maintain acceptable pricing levels on our games, our ability to raise capital if needed and risks associated with international operations. Other important factors and information are contained in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2011, in the section entitled "Risk Factors," 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. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50193305&lang=en 2K SportsRyan Jones, 415-507-7816ryan.jones@2k.comorAccess Communications for 2K SportsJared Ricardo, 415-844-6232jricardo@accesspr.comorTake-Two Interactive Software, Inc.Alan Lewis, 646-536-2983Corporate Pressalan.lewis@take2games.com