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EIDOS PLC ANNOUNCES FINANCIAL RESULTS

Eidos plc, one of the world's leading publishers and developers of entertainment software, announced today results for the six months and year ended March 31, 2002. Net revenue was 88.7 million pounds for the six months and 120.3 million pounds for the full year, a decrease of 18% on the previous year.

Last Updated: May 14, 2002

MICROSOFT SLASHES COST OF XBOX SYSTEM

Effective immediately, Xbox will have an estimated retail price of 199.99 in the United States 299.99 CAN. The price reduction will be supported by a multimillion dollar national merchandising and marketing campaign set to begin this weekend. Microsoft also announced it is reducing the price of Xbox in Japan to 24,800 yen effective Wednesday, May 22.

Last Updated: May 14, 2002

EIDOS PLC ANNOUNCES YEAR END RESULTS

Eidos plc, one of the world's leading publishers and developers of entertainment software, announced today results for the six months and year ended March 31, 2002. Net revenue was 88.7 million pounds for the six months and 120.3 million pounds for the full year, a decrease of 18% on the previous year.

Last Updated: May 14, 2002

PARAMOUNT EYE SPEED KING FOR SEQUEL

Franchise fever is consuming Hollywood fueled by the recent releases of Spiderman and Resident Evil and Paramount Pictures is moving quickly toward mounting a sequel to Lara Croft: Tomb Raider with former Oscar winner Angelina Jolie set to reprise her role as adventuress Croft. Following the high-profile search for a director, Variety Magazine reports that the studio has set its sights on Speed helmer Jan De Bont. Negotiations have begun with an eye toward getting the film in production by early fall.

Last Updated: May 12, 2002

LARA CROFT FIRM MAY BECOME HUNTED

Eidos, the UK computer games company renowned for its sultry game heroine Lara Croft, could be the subject of a takeover approach from French rival Ubi Soft, French business paper Les Echos has learnt. We are certainly going to grow by acquisitions this year, said Yves Guillemot, Ubi Soft executive chairman. Within that framework, Eidos could be a target for us. Whatever happens, I think that company will be bought in the course of the year.

Last Updated: May 12, 2002

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