Ubisoft and Pegasus Make an Mmo —Promise“ to Gamers

UBISOFT AND PEGASUS MAKE AN MMO —PROMISE“ TO GAMERS

Announce Exclusive Licensing Deal Based On Future Chinese Blockbuster

Paris, FRANCE œ April 12, 2005 œ Today Ubisoft, one of the world‘s largest video game publishers, announced that it has entered into an exclusive licensing agreement with Beijing Pegasus Infinite Digital Culture & Media Co. Ltd. (Pegasus) to develop Massively Multiplayer Online video games (MMOG) based on the upcoming Chinese fantasy movie —The Promise “ (— Wu Ji “). The closing of this agreement is subject to requirements to be met by the two parties.

Ubisoft and Pegasus will create a joint venture company to develop, promote and operate the game. The initial MMOG will be developed by Ubisoft‘s Shanghai studio. The game will be rolled out throughout eastern Asia, including Japan, South Korea and the People‘s Republic of China where the genre has experienced enormous success.

An epic story about promise, betrayal, nations and love, set in the underworld of ancient China, — The Promise“ is directed by Chen Kaige and features an all-star cast with Cecilia Cheung, Jang Dong-Kun, Hiroyuki Sanada, Liu Ye, Nicholas Tse and Chen Hong. The movie is scheduled for release across Asia in December 2005.

—We‘re delighted to be working with Pegasus on this exciting project,“ stated Corinne LeRoy, managing director of Ubisoft‘s Shanghai studio. —This deal is a testament to the increasingly recognized talent of our Shanghai studio, and we are certain that gamers across Asia will relive the emotions and history generated by the movie within a breathtaking universe.“

— ”The Promise‘ is one of the most highly anticipated movie releases for 2005 and we are certain that the MMO game will be well-received by gamers across Asia that can appreciate the fantasy environment and evolving plot depth that only this genre can provide,“ declared Mr. Sun Jianjun, Chairman of Pegasus.

About Ubisoft: Ubisoft is a leading producer, publisher and distributor of interactive entertainment products worldwide. It is the fastest growing company in the videogame industry and has grown considerably through its strong and diversified line-up of products and partnerships. Ubisoft has offices in 21 countries and sales in more than 50 countries around the globe. It is committed to delivering high-quality, cutting-edge videogame titles to consumers. Ubisoft generated revenue of ⁄ 508 million for the 2003œ2004 fiscal year, an increase of 22.5% over the previous fiscal year at constant exchange rates. To learn more, please visit www.ubisoftgroup.com.

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