UBISOFT AND FREE RADICAL JOIN FORCES TO CREATE AN INNOVATIVE ACTION BLOCKBUSTER

SAN FRANCISCO-- November 22, 2005--Today Ubisoft, one of the world's largest video game publishers, announced an agreement with Free Radical Design, developer of the acclaimed TimeSplitters® series, to develop an action game based on new intellectual property for release in fiscal year 2006-2007.

The game (title to be announced) will be developed for next-generation consoles and the PC, enriching Ubisoft's catalogue for the next fiscal year and expanding its offering on new consoles. Targeting mature gamers, it will feature difficult strategic choices and moral dilemmas, tapping into both their rational and emotional instincts.

The three games in the Free Radical's TimeSplitters® series have earned stellar ratings from some of the industry's most respected sources and have sold approximately 3.5 million copies.

"Ubisoft is looking forward to working closely with Free Radical, renowned for creating beautiful and engaging gameplay in epics such as the TimeSplitters® series," said Jay Cohen, vice president of publishing at Ubisoft. "With this game, we plan to take players to a new level of intensity and create an environment at once terrifying, enthralling and impossible to resist."

"We are delighted to benefit from Ubisoft's collaboration on this title and benefit from its strong experience developing and marketing powerful, innovative action titles," stated Steve Ellis, managing director of Free Radical Design.