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MIGHT & MAGIC RETURNS IN FORCE TO CONQUER GAMERS

Ubisoft Powers into Heroic Fantasy Genre

City, COUNTRY - March 30, 2005 - Today Ubisoft, one of the world's largest video game publishers, is delighted to confirm the return of the legendary Might and Magic® brand. Credited with the establishment of the heroic fantasy genre upon its first release in 1985 on PC, the brand encompasses several product lines including the mythical Heroes of Might & Magic®. Ubisoft will bring fresh life to the franchise, while respecting its heritage, just as it successfully did with cult brands such as Prince of Persia® and Myst®.

The first game to reintroduce the Might & Magic universe to the public will be Heroes of Might and Magic® V. Gamers will delve into a more mature, consistent fantasy universe that will appeal to fans of all fantasy genres. One of the most successful turn-based strategy franchises, the Heroes of Might and Magic® series, with its distinctive touch of RPG, is a benchmark in the Heroic Fantasy genre, with considerable commercial and critical acclaim. The new game will benefit from the features and characteristics that established the success of the initial saga while offering a wealth of innovations such as a highly immersive scenario, a variety of appealing factions, modern 3D graphics, a revolutionary tactical combat system, and a story-based campaign mode.

"Ubisoft is pleased to bring back this exceptional series not just for Heroes fans, but to a larger audience that can appreciate the singular combination of a fantasy environment and strategic gameplay," said Alain Corre, Ubisoft's Managing Director for Europe, Asia Pacific and South America. "Online or offline, the breathtaking world to explore, the tactical decisions to make, and the opportunity to build a true Hero will entice players to become a part of the Might & Magic universe."

Developed by a seasoned team at Nival Interactive (Blitzkrieg, Silent Storm, Etherlords), the unique Might & Magic® experience can be relived on PC by gamers worldwide in early 2006. For more information, visit www.mightandmagicgame.com.

® 2005 Ubisoft Entertainment. All Rights Reserved. Heroes, Might and Magic, Heroes of Might and Magic, Ubisoft and the Ubisoft logo are trademarks of Ubisoft Entertainment in the US and/or other countries. Developed by Nival Interactive.

Prince of Persia is a trademark of Jordan Mechner used under license by Ubisoft Entertainment. D'niTM, Cyan® and Myst® are trademarks of Cyan, Inc. and Cyan Worlds, Inc. under license to Ubisoft Entertainment. Developed by Cyan Worlds, Inc.

About Nival Interactive:

Nival Interactive is Russia's leading game developer, and also the largest, with four development teams and staff of over 140 dedicated professionals and true game enthusiasts. Since its inception in 1996, Nival Interactive has gained worldwide recognition from both press and gamers thanks to its impressive lineup of highly successful titles including the Rage of Mages, Etherlords, Blitzkrieg and Silent Storm series, backed by a genuine commitment to creativity and innovation.

About Ubisoft:

Ubisoft is a leading producer, publisher and distributor of interactive entertainment products worldwide. It is the fastest growing company in the videogame industry and has grown considerably through its strong and diversified line-up of products and partnerships. Ubisoft has offices in 21 countries and sales in more than 50 countries around the globe. It is committed to delivering high-quality, cutting-edge videogame titles to consumers. Ubisoft generated revenue of 508 million for the 2003-2004 fiscal year, an increase of 22.5% over the previous fiscal year at constant exchange rates. To learn more, please visit www.ubisoftgroup.com.

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