Head Games Publishing and MasterCraft Make a Splash With Extreme Water Sports; PC Gamers Customize Their Adventure With Authentic MasterCraft, O'Brien, Full Tilt and Wet Tech Equipment.

MINNEAPOLIS--(BUSINESS WIRE)--April 7, 1999--Water lovers and thrill seekers alike will get their fix of wet and wild action with Head Games Publishing's "Extreme Water Sports," the first water-skiing simulation created for the PC.

Teaming up with MasterCraft, the leading manufacturer of competition ski boats, Head Games has captured the incredible high of shredding the water in the slalom course, tackling the jump ramp and catching maximum air while strapped into a wakeboard. "Extreme Water Sports" is currently available in more than 10,000 retail outlets throughout the United States and Canada for the suggested retail price of $24.95.

"Extreme sports appeal to certain types of people who enjoy pushing themselves to the limit," said Dan Hammett, vice president of Head Games Publishing Inc. "`Extreme Water Sports' is a game that will take them to the edge and then drop them off lightly at the end of the race. It absolutely appeals to the adventurer in all of us."

In "Extreme Water Sports," players can choose from male and female players, modeled after real-life water sport athletes. Before hitting the lake, gamers can choose from four MasterCraft boats, as well as visit the surf and ski shop, where they can grab their equipment, from Wet Tech wetsuits to O'Brien skis and Full Tilt wakeboards.

"Extreme Water Sports" features challenging single-player competitions for both skiers and wakeboarders. Thrill-seeking skiers can hit the slalom course where they will rip through the water, weaving in out of buoys, in an attempt to complete the pass. In addition, skiers can tackle the jump ramp competition, which challenges players to hit the incline and soar through the air for as far as possible.

Wakeboarders can participate in a beat-the-clock style competition where they try to complete as many tricks as possible in a limited amount of time to earn points. More than 15 tricks can be performed, including Air Raley, Whirlybird and Hoochie Glide.

Developed by Hammer Technology Inc., "Extreme Water Sports" boasts high-quality graphics and is endorsed by the AWSA. The title also features links to promotional partners including Wet Tech, O'Brien and MasterCraft, where people can find out more information about products and order equipment over the Internet.

With headquarters in Minneapolis, Head Games Publishing is a wholly owned subsidiary of Activision Inc. The company specializes in developing high-quality interactive entertainment software for the PC market worldwide. For more information about Head Games Publishing, visit the company's Web site at www.headgames.net.

The statements contained in this release that are not historical facts are "forward-looking statements." The company cautions readers of this news 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 the company's Annual Report on Form 10-K for the fiscal year ended March 31, 1998, which was filed with the United States Securities and Exchange Commission. Readers of this news release are referred to such filings.

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