Take-Two Interactive Software, Inc. (TTWO) (the “Company”) announced today that the underwriters for the recently completed public offering of the Company’s 1.00% Convertible Senior Notes due 2018 (the “Notes”) exercised in full their option to purchase an additional $37.5 million principal amount of the Company’s Notes on July 12, 2013. The sale of these additional Notes closed today, which increases the total principal amount of the Notes sold by the Company in this offering to $287.5 million.

J.P. Morgan Securities LLC, Barclays Capital Inc. and Wells Fargo Securities, LLC were the underwriters for the offering.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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. 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 athttp://www.take2games.com.

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 and next-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, 2013, in the section entitled “Risk Factors,” the Company’s Registration Statement on Form S-3 filed with the SEC on June 12, 2013 and the Company’s other periodic filings with the SEC, which can be accessed at www.sec.gov. 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.

Intel is set to host Intel Developer Forum (IDF) 2013 in San Francisco, the US from September 10-12 to further discuss its 2-in-1 device plans as well as its latest progress in Android smartphone and tablet development, according to sources from the upstream supply chain.

With new CEO Brian Krzanich and president Renee James coming on-board to adjust Intel’s business strategy, the sources believe the CPU giant is likely to unveil new optimizations for products as well as several interactive technologies such as voice recognition and gesture control at the forum.

Intel may also unveil product designs for its new quad-core SoC Bay Trail-T, which is set to be launched in December, at the forum and prepare related marketing projects.

Intel is expected to showcase smartphones developed with Lenovo, ZTE, Acer and Asustek Computer and may even display its 22nm Merrifield-based smartphones, which are set to be released in the first half of 2014, the sources said.

Since wearable devices have become a focus of IT players, Intel may also announce plans for related developments.