Activision Unveils Powerhouse Game Slate at 2005 Electronic Entertainment Expo

SANTA MONICA, Calif., May 12, 2005 - Activision, Inc. (Nasdaq:ATVI) will showcase a blockbuster game line-up at this year's Electronic Entertainment Expo, taking place at the Los Angeles Convention Center from May 18-20, 2005. The company's line-up includes titles based on popular entertainment brands like Marvel's Spider-Man, Fantastic 4, X-Men, as well as, Shrek^®, new installments in Activision's best-selling Tony Hawk and Call of Duty^® franchises, and innovative offerings from some of the industry's top development houses, id Software's QUAKE 4^TM and The Movies^TM from Peter Molyneux's Lionhead Studios.

Activision's Game Line-Up Includes:

Call of Duty^® 2 - The sequel to the 2003 "Game of the Year," Call of Duty 2 delivers an unparalleled portrayal of the chaos and cinematic intensity of World War II through stunningly detailed graphics, advanced AI, realistic character animations and explosive on-screen action - all powered by Infinity Ward's brand new proprietary engine. Call of Duty 2 has not yet been rated by the ESRB.

Call of Duty^®2: Big Red One^TM - Building on the Call of Duty brand's signature epic, cinematic intensity of war, Call of Duty 2: Big Red One unites players in the chaos of battle fighting as part of a squad in the legendary and decorated "Big Red One," the American 1st Infantry Division. Call of Duty 2: Big Red One has not yet been rated by the ESRB.

Fantastic 4 - The only game based on Twentieth Century Fox's upcoming feature film, Fantastic 4 is a team-based action-adventure in which players harness the Marvel Super Heroes' unique and amazing powers through a compelling single-player mode or two-player co-operative gameplay experience. Fantastic 4 has been rated "T" (Teen - with mild language and violence) by the ESRB.

The Movies^TM - Developed by Lionhead Studios' Peter Molyneux, a pioneer in the "life simulation" genre, The Movies lets gamers become Hollywood players, by creating unique movies and releasing them from the studios they build, starring the actors they discover and develop. The Movies has not yet been rated by the ESRB.

QUAKE 4^TM - Earth is under siege by the Strogg, a barbaric alien race moving through the universe consuming, recycling and annihilating any civilization in their path. In a desperate attempt to survive, an armada of Earth's finest warriors is sent to take the battle to the Strogg home planet. Id Software's QUAKE 4 has not yet been rated by the ESRB.

Shrek^® SuperSlam - Ogre-sized brawling action collides with the hilarious Shrek^® universe in Shrek SuperSlam, the ultimate four-player melee game. Shrek SuperSlam has not yet been rated by the ESRB.

Tony Hawk's American Wasteland^TM - For the first time ever, Tony Hawk's American Wasteland^TM gives players the freedom to experience continuous skating and BMX biking action without leaving the game or waiting for load times as they explore and choose missions in a massive, living Los Angeles skate world. Tony Hawk's American Wasteland has not yet been rated by the ESRB.

Ultimate Spider-Man - Take on the role of the world's most famous Super Hero, Marvel's Spider-Man, and one of his most menacing nemeses, Venom, in an original storyline written and illustrated by the creative team behind the best-selling "Ultimate Spider-Man" comic book series. Ultimate Spider-Man has not yet been rated by the ESRB.

X-Men Legends II: Rise of Apocalypse - The sequel to the best-selling X-Men title ever, X-Men Legends, X-Men Legends II: Rise of Apocalypse is an all new action-RPG that lets players create, customize and control teams of four mutants from 16 all-time favorite X-Men and classic Brotherhood villains from the Marvel Universe. X-Men Legends II: Rise of Apocalypse has not yet been rated by the ESRB.

About id Software

id - Freud's primal part of the human psyche and one of the hottest game shops on Earth - has been rocking the gaming world from Mesquite, Texas since 1991. As a renowned leader in the industry, id Software forged such frenetic titles as Wolfenstein 3D^®, DOOM^®, DOOM II^®, QUAKE^® and QUAKE II^®. With intense graphics and mind-blowing action, id's games have helped redefine the modern video game, continually setting industry standards for technology and gameplay. And, in keeping with tradition, id Software has amplified the world of adrenaline pumping 3-D gaming with the release of their latest action titles, QUAKE III Arena^®, QUAKE III: Team Arena^®, and Return to Castle Wolfenstein^®. id Software's advanced DOOM 3^TM engine is leading the next revolution in 3-D interactive games. Check out more about id Software at www.idsoftware.com.

About Marvel Enterprises, Inc.

With a library of over 5,000 proprietary characters, Marvel Enterprises, Inc., is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused in four areas: entertainment (Marvel Studios), licensing, publishing and toys (Toy Biz). Marvel facilitates the creation of entertainment projects, including feature films, DVD/home video, video games and television based on its characters and also licenses its characters for use in a wide range of consumer products and services including apparel, toys, collectibles, snack foods and promotions. Marvel's characters and plot lines are created by its publishing division, which continues to expand its leadership position in the U.S. and worldwide while also serving as an invaluable source of intellectual property.

About Activision, Inc.

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.

The statements made in this press release that are not historical facts are "forward-looking statements". These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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. Such factors include, without limitation, product delays, retail acceptance of our products, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities. These important factors and other factors that potentially could affect the Company's financial results are described in our filings with the Securities and Exchange Commission, including the Company's most recent Annual report on Form 10-K and Quarterly Report on Form 10-Q. Readers of this press release are referred to such filings. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company's assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

QUAKE 4^TM, QUAKE^® and id^® are either registered trademarks or trademarks of id Software, Inc. in the United States and/or other countries.

TM, ^®, Game Boy Advance, Nintendo GameCube and Nintendo DS are trademarks of Nintendo.

Activision is a registered trademark of Activision, Inc. and its affiliates. All other trademarks and trade names are the property of their respective owners.

Marvel, Ultimate Spider-Man, Fantastic Four, X-Men, and all related character names and likenesses thereof are trademarks of Marvel Characters, Inc., and are used with permission. (C) 2005 Marvel Characters, Inc. All rights reserved. www.marvel.com.

The Fantastic Four Motion Picture: TM & (C) 2005 Twentieth Century Fox Film Corporation. All rights reserved

Super Hero(es) and Super Villains are co-owned registered trademarks.