Activision Inks Deal With John Malkovich's Uncle Kimono Clothing Line For Lionhead(R) Studios' The Movies(TM)

FOR IMMEDIATE RELEASE

Santa Monica, CA - December 22, 2005 - When the paparazzi in Lionhead Studios' The Movies game shout, "Who are you wearing?" virtual stars will now respond, "John Malkovich, Uncle Kimono!" Activision, Inc. (Nasdaq: ATVI) has signed a deal with the popular actor's clothing company to have clothing from his "Uncle Kimono" Collection featured as downloadable costumes for outfitting the stars in The Movies, which is currently available in retail stores nationwide.

In January, players will be able to log on to www.themoviesgame.com, go to the Prop Shop and use virtual credits earned from creating and uploading movies to the web site to purchase John Malkovich "Uncle Kimono" outfits for their stars. Malkovich says the collection "has resonance of late 1950's California beach boys, some Palm Springs Rat Pack, a touch of lounge lizards, and a recollection of a Swiss banker who's been let go." More information about Malkovich's clothing line can be found at www.johnmalkovich.org.

Launched on December 16, 2005, the Prop Shop will be updated regularly with a host of new costumes, sets, and props for players to download and use in their cinematic masterpieces. The Movies for Windows^® PC allows gamers to become Hollywood players by creating unique movies and releasing them from the studios they build, starring the actors they discover and develop. The game is available now for a suggested retail price of $49.99 and is rated "T" (Teen with blood and gore, crude humor, mild language, sexual themes, use of alcohol and tobacco, and violence) by the ESRB. The Premiere Edition version of The Movies for Windows PC is available for a suggested retail price of $59.99 and is rated the same.

More information on The Movies can be found at www.themoviesgame.com.

About Lionhead Studios

Lionhead Studios is based in Guildford, Great Britain, and was founded in 1997. The company's first game, "Black & White" for PC, was released in 2001, and worldwide sales of it have topped 2 million copies. Its second game, "Fable" for Xbox, has sold more than 2 million copies worldwide, and the numbers continue to climb, making it one of the top-selling Xbox titles of all time. Three further titles Fable: The Lost Chapters, Black & White 2 and The Movies, have all been released on PC this fall. For more information about Lionhead Studios, visit http://www.lionhead.com.

About Activision:

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 net revenues of $1.4 billion for the fiscal year ended March 31, 2005. Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia, Spain 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.

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