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ACTIVISION’S Z-AXIS MOVES HEADQUARTERS TO FOSTER CITY TO ACCOMMODATE EXPANSION PLANS

(Press Release)

Santa Monica, CA – February 10, 2005 -- Z-Axis, Ltd., a subsidiary of Activision, Inc. (Nasdaq: ATVI), announced today that the company has moved its headquarters from Hayward, CA to Foster City, CA in order to facilitate the studio’s expansion needs.

Z-Axis has leased a 23,000 square foot space, which will house a state of the art game design studio. In the next 12 months, Z-Axis expects to increase its staff from 90 to 140, and is currently looking to hire artists, programmers, producers, animators and game designers to work on current and next-generation console games.

“We are very excited to move our studio to Bayside Towers and expect that the new facility will enable us to accommodate all of our growth needs,” said Craig Alexander, vice president and general manager, Z-Axis. “We currently have two high-profile games in development based on popular comic book characters and the additional space will allow us expand both of our teams, as well as to ramp up for pre-production on some exciting new projects.”

Z-Axis is the award-winning creative studio behind the million-unit selling franchise Dave Mirra Freestyle BMX and the Aggressive Inline series. More information about the career opportunities at Z-Axis can be found in the “Careers” section of the Activision web site, which is located at www.activision.com.

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 $948 million for the fiscal year ended March 31, 2004.

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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