Activision, Inc. (Nasdaq: ATVI) is taking on the Russian and Chinese mobs with the announcement of True Crime™: Streets of L.A.™ for the PlayStation®2 computer entertainment system, the Xbox™ video game system from Microsoft and the Nintendo GameCube™. Inspired by Hong Kong action films, the game lets players assume the role of tough-as-nails detective Nick Kang, bent on settling a personal vendetta with the L.A. underworld. As Kang, players will be able to dispense their own personal brand of justice through automotive combat, a variety of rib cracking martial arts moves and the business end of dual 45s. True Crime: Streets Of L.A. has not yet been rated by the ESRB.

“Mission-based driving and action adventure collide in this bold new direction for interactive entertainment,” states Larry Goldberg, executive vice president, Activision Worldwide Studios. “Infused with the unique flair of Hong Kong action films, True Crime: Streets of L.A. allows players to experience first-hand the car stunts, close calls, quick wit and high-action that are synonymous with this distinct style of cinema.”

Developed by Luxoflux, the creators of the successful Vigilante 8 series, the game blends multiple genres into a single cinematic action game. Car chases, shootouts, foot pursuits and hand-to-hand combat are all in a day’s work when it comes to taking down the mob. More than 20 branching missions and 100 sub-missions lead gamers down dozens of possible paths and outcomes. Busting a robbery could tip players off to a future crime, or a foul-up could just as easily get an informant killed. As players cruise the mean streets, random missions can also pop-up on the car radio adding even more gameplay to the immense adventure.

Featuring a powerful 3D engine, True Crime: Streets Of L.A. allows players to move freely through a 400 square mile living, breathing re-creation of the City of Angels. Players will be able to visit popular L.A. landmarks, or buy services from local gun merchants, mechanics or doughnut shops and improve Kang’s abilities by visiting auto simulators, dojo’s and gun ranges around town. True Crime: Streets Of L.A. is slated to ship in 2003.

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 $786 million for the fiscal year ended March 31, 2002.

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, 2002, 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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