Ubisoft Beowulf Video Game FINAL

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UBISOFT, PARAMOUNT PICTURES AND SHANGRI-LA ENTERTAINMENT ANNOUNCE PARTNERSHIP TO CREATE “BEOWULF” VIDEO GAMES

Games Based on upcoming motion picture in theaters November 16, 2007

Paris, FRANCE – May 24, 2007 – Ubisoft, one of the world’s leading video game publishers, announced that it will develop and publish the video game based on Paramount Pictures’ and Shangri-La Entertainment’s “Beowulf,” the upcoming feature film from Academy Award®-winning director Robert Zemeckis. Neil Gaiman & Roger Avary adapted the legend for the screen. The film is produced by Steve Starkey, Robert Zemeckis and Jack Rapke. The executive producers are Martin Shafer, Roger Avary and Neil Gaiman.

“Ubisoft is excited to be partnering with Paramount Pictures and Shangri-La, and the creative teams at ImageMovers, to leverage the ’Beowulf’ movie assets and storylines and extend them into the interactive video game universe,” said Yves Guillemot, chief executive officer of Ubisoft. "Ubisoft has quickly become an industry leader in creating high-quality movie-based video games that deliver a compelling experience to both casual and hardcore gamers alike."

Groundbreaking director Robert Zemeckis offers a vision of the “Beowulf” saga that has never been told before. In a time of heroes, the mighty warrior Beowulf slays the demon Grendel and incurs the wrath of its monstrous, yet seductive, mother in a conflict that transforms a king into a legend. “Beowulf” stars Ray Winstone in the title role and Anthony Hopkins as the corrupt King Hrothgar, as well as John Malkovich, Robin Wright Penn, Brendan Gleeson, Crispin Glover, Alison Lohman and Angelina Jolie as Grendel's mother. Paramount Pictures, in association with Shangri-La Entertainment, Presents an ImageMovers Production of a Robert Zemeckis film, “Beowulf.”

“’Beowulf’ is particularly well-suited for the video game format,” adds Robert Zemeckis. “Not only does the film have a compelling story and strong visual style that will translate well into a game, but because the film is entirely digital, we are able to share our assets with Ubisoft. Audiences will be able to make a seamless transition between the film and the game.”

“Robert Zemeckis and Ubisoft represent creative leaders in their fields and we’re thrilled to be collaborating with exceptional filmmakers and game development talent,” said Sandi Isaacs, Senior Vice President, Interactive & Mobile at Paramount Digital Entertainment. “We are confident the epic story of ‘Beowulf’ will not only translate in to a phenomenal movie, but also a compelling video game experience.”

The game is expected to release in conjunction with the movie’s planned opening in November 2007. Visit http://www.beowulfmovie.com for more information on the film.

About Ubisoft Ubisoft is a leading producer, publisher and distributor of interactive entertainment products worldwide and has grown considerably through a 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 video game titles to consumers. Ubisoft generated sales of 680 million Euros for the 2006-07 fiscal year. To learn more, please visit www.ubisoftgroup.com.

About Paramount Pictures Paramount Pictures Corporation (PPC), a unit of Viacom (NYSE: VIA, VIA.B), is a global entertainment company that produces and distributes filmed entertainment through the Paramount Motion Picture Group which includes Paramount Pictures, Paramount Vantage, Paramount Classics, MTV Films and Nick Movies. PPC operations also include Paramount Pictures International, Paramount Home Entertainment, Paramount Digital Entertainment, Paramount Studios and Worldwide Television Distribution.