Codemasters Names Nick Wheelwright Chief Executive

New York – Oct. 21, 2004 – Codemasters, a leading developer and international publisher of computer and video games, today announced that Nick Wheelwright has been appointed Chief Executive of Codemasters Group Ltd.

Wheelwright joined Codemasters more than 11 years ago as finance director. He became managing director in 1996 and led the company’s international expansion and growth through the to the $100 million developer and publisher of today.

David Darling, Codemasters’ Chairman, announced the appointment today:

“Nick plays an integral part in Codemasters’ success and I’m delighted to have him as Chief Executive. His management and market understanding are valuable assets as we work towards some of our most successful years in the global market place.”

In his new capacity as Chief Executive, Wheelwright will be responsible for implementing the strategic goals and objectives of the company, while providing direction and leadership toward the achievement of the organization’s mission and objectives.

The new role also sees Wheelwright chairing Codemasters’ Product Planning Group, which, in consultation with development and publishing, is the channel for green-lighting new product creation and franchise extension.

“I am delighted to take the position of Chief Executive and feel very excited about the company’s prospects in the global market place. We have superb development and international publishing teams, supported by strong, focused management and a proven track record in producing definitive gaming brands across a wide range of genres,” said Wheelwright. “As the market grows, Codemasters will continue its growth utilizing both our established game brands and the original properties that we will bring to market on current and future generation gaming formats.”