The Board of Directors of Take-Two Interactive Software today recommended that Take-Two stockholders take no action at this time in response to the announcement by Electronic Arts that it has made an unsolicited conditional tender offer to acquire all of Take-Two's outstanding shares of common stock for USD$26 per share in cash.

Take-Two's Board will review and consider EA's offer, and within 10 business days, will advise Take-Two's stockholders of the Board's position regarding the offer as well as its reasons for that position.