ACTIVISION’S TONY HAWK’S PRO SKATER™ 3 SET AS LAUNCH TITLE FOR THE NINTENDO GAMECUBE™

Santa Monica, CA. -- October 29, 2001 -- Activision, Inc.’s (Nasdaq: ATVI) confirmed today that the highly anticipated video game Tony Hawk’s Pro Skater™ 3 is set to launch simultaneously with the Nintendo GameCube™. The game lets players skate as the legendary Tony Hawk, or one of 12 other professional skateboarders as they perform hundreds of real-world tricks through authentic locations with interactive environments. Tony Hawk’s Pro Skater 3 for the Nintendo GameCube is rated “T” (Teen – with blood, mild lyrics and suggestive themes) and will be available on retail shelves for the suggested retail price of $49.99.

Developed by Neversoft Entertainment, Tony Hawk’s Pro Skater 3 is the revolutionary sequel to the best-selling action sports game of 2000. Offering eight massive levels filled with people, traffic, and other interactive elements, the environments are brought to life with richer graphics and advanced special effects. Smoother life-like animations and significantly improved tricks capture the style of the world's best skateboarding pros. Further improving on the franchise’s intuitive control scheme, the game allows players to perform tricks and combos in some of the world’s most popular skate locations including Los Angeles, Canada and Tokyo.

Players can also create their own custom characters with the game’s robust Create-A-Skate feature. Choosing from hundreds of options, players can customize the look for each character by choosing height, weight, skin tones, accessories and tattoos.

Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted revenues of $620 million for the fiscal year ended March 31, 2001.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Japan, Australia, and the Netherlands. More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com. 

The statements contained in this release that are not historical facts are “forward-looking statements.” The Company cautions readers of this press release that a number of important factors could cause Activision’s actual future results to differ materially from those expressed in any such forward-looking statements. These important factors, and other factors that could affect Activision, are described in Activision’s Annual Report on Form 10-K for the fiscal year ended March 31, 2001, which was filed with the United States Securities and Exchange Commission. Readers of this press release are referred to such filings.

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