Cannes, France 16th February, 2000 - INFOGRAMES announces today at Milia in Cannes, the creation of Infogrames.com. This 100% owned subsidiary will gather all the Infogrames' assets in on line entertainment, cell phone, Interactive TV, Internet and broadband networks.

Together with the exploitation of those assets on a worldwide scale, the generation of strategic partnerships will be the main development paths of Infogrames.com.

This new subsidiary of Infogrames, will optimize the presence of the group in the on line market through the concentration of expertise and synergies.

The new structure will regroup all the existing assets, investments, franchises and designs owned by Infogrames together with the technical knowledge: WAP, ADSL, OpenTV, Broadband... under a unique international umbrella.

Infogrames will leverage its network of 20 international subsidiaries, its experience in M&A and the creation of new partnerships, together with its technologies Think Tank and its development capacity to further the group's presence in the online market. The initial investment in this sector is 200 million euros (200 million dollars). This activity is planned to represent 20% of the group's sales in the 2002.

Infogrames.com's strategy will be a mix of internal development and external consolidation in order to rapidly become a major player in the online gaming industry. The first example is the investment in the Zone.Jeux.Com gaming site where the players find information, online games and gaming rooms. The investment will represent a 50% ownership of Zone.Jeux.Com by Infogrames.

Though the combination of Zonejeux.com's current online gaming activity together with Infogrames' expertise in international development, Zonejeux.Com's aim is to become one of the key players in the games community on the net.

"The creation of Infogrames.com shows our determination to be at the fore front of online gaming. Our R&D investment over the last 5 years has provided us with a timely opportunity to produce both operational and accessible products aimed at the mass market. Our expertise in M&A and the integration of new talents will assist with the rapid growth of Infogrames in this sector" commented Bruno Bonnell.

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ABOUT INFOGRAMES ENTERTAINMENT GAME NATION

INFOGRAMES (Paris Bourse 5257) is one of world's the top-five publishers and distributors of video games for Nintendo, Sega and Sony platforms and for PC cederoms and mac hardware.

Led by founder and chairman Bruno bonnell, Infogrames is a global publisher with a catalog that encompasses all videogame market segment and which hold numerous global licenses for such titles as Warner Bros. (Looney Tunes) Paramount (Mission Impossible) Nike's Ronaldo and the Brazilian national soccer team, and the "24 hours of Le Mans".

Infogrames is also the creator of popular franchises such as V rally, Alone in the Dark, Driver and Duke Nukem.

Infogrames distributes its game in about 60 countries worldwide with a particular strength in Europe and in the US, where Infogrames possesses a preponderant striking power in a the distribution arena.

Since it assumed a majority ownership in American publisher and distributor GT interactive software (Nasdaq GTIS) in november 1999, Infogrames has forecast a US$ 1 billion revenue total for the FY2001 with the goal of becoming the wolrd'leading interactive entertainment publisher.

For more financial Information, contact:
Cécile SORNAY: Tel: (011) 33 4.72.65.50.00 Fax: (011) 33 4.72.65.50 01
E-mail : csornay@fr.infogrames.com