Activision Value Publishing Ships Greg Hastings' Tournament Paintball; New Paintball Video Game Blasts Into Retail Outlets Across North America.

MINNEAPOLIS -- It's time to take on paintball's elite players in Greg Hastings' Tournament Paintball(R) from Activision Value Publishing, Inc., a wholly-owned subsidiary of Activision, Inc. (Nasdaq: ATVI). The game, which is available exclusively for the Xbox(R) video game system from Microsoft, allows players to face off against 20 of the sport's top pros on actual tournament fields, using top-of-the-line paintball gear. Greg Hastings' Tournament Paintball is available in retail stores nationwide for $39.99 and has been rated "T" for Teen by the ESRB.

"We wanted to create the most authentic paintball experience possible," said Patrick Kelly, Vice President of Studios, Activision Value Publishing Inc. "Paintball is an up-and-coming sport that requires skill and accuracy and this game is the best virtual platform for paintball enthusiasts to practice their skills."

Greg Hastings' Tournament Paintball allows players of all skill levels to "ball" like the pros. Players will battle on real-life Paintball fields in tournament locations such as Huntington Beach Open in California, Island Open in Aruba and SC Village in Los Angeles.

They can choose from 179 different field layouts and hundreds of game configurations. Special features allow players to feel like they are inside the game, a stance and mobility-based targeting system allows for shooting accuracy changes, and Quick Look allows players to look around without their body shifting.

Players can hone their paintball skills on their own as a novice with basic skills and equipment and advance from rookie to pro before facing off against multiple players. Once their skill level has been increased, the more experienced players will want to try the multiplayer game option, which offers both system link and Xbox(TM) Live play. Using Xbox Live voicechat, players can coordinate strategy and identify opponent positions with their teammates, bringing the reality of the game to their living room.

Greg Hastings' Tournament Paintball features top pro Paintball players, including Greg "Red" Hastings, Rocky Cagnoni, Chris LaSoya, Nicky Cuba, Keely Watson and many more. To provide an even more authentic paintball experience, 25 real-life paintball sponsors are featured including Severe, Tippmann, JT, Dye, PMI, Draxxus, BAWLS and many more. In addition to practicing their skills players can buy new gear with the money they earn from tournament winnings and can choose from 10 categories of gear to outfit their characters and ensure they are wearing the most fashionable Paintball equipment.

About Activision Value Publishing, Inc.

Headquartered in Minneapolis, MN, Activision Value Publishing, Inc., a wholly-owned subsidiary of Activision, Inc. (Nasdaq: ATVI), specializes in developing interactive entertainment software for the PC systems and all other video game platforms worldwide. For more information about Activision Value Publishing, visit the company's web site at www.activisionvalue.com or www.activision.com.

The statements made in this press release that are not historical facts are "forward-looking statements." These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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. Such factors include, without limitation, product delays, retail acceptance of our products, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities. These important factors and other factors that potentially could affect the Company's financial results are described in our filings with the Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Readers of this press release are referred to such filings. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company's assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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