Infogrames Entertainment Annual and Special Shareholders' Meeting of January 19, 2005

Infogrames Entertainment Annual and Special Shareholders' Meeting of January 19, 2005 Approval by the Shareholders of the OCEANE 2005 Bond Repayment Plan LYON, France, Jan. 20 /PRNewswire-FirstCall/ -- Infogrames Entertainment S.A. ("IESA"), the majority shareholder of Atari, Inc. (NASDAQ:ATAR), announced that its annual and special shareholders' meetings, held on Wednesday, January 19, 2005, had the quorums required by law, with holders of 41,033,018 shares -- or 26.11 percent of those outstanding, more than the 25 percent required for a quorum -- either attending or represented. Bruno Bonnell made the following statement: "I wish to thank the individual Infogrames shareholders for attending in large numbers and for their massive support. In doing so, they have demonstrated their willingness to participate in our Company's future and to actively support a management team that has worked hard to keep Infogrames in the lead group of international videogame publishers. We must now live up to that trust by showing in a concrete manner that we have high-quality products and a first- rate global organization." The Annual Shareholders' Meeting approved all of the resolutions submitted to it. All resolutions before the Special Shareholders' Meeting were likewise voted, including resolution 19 on the settlement plan for the OCEANE 2005 bonds. The shareholders, who must be congratulated for participating in high numbers in a vote that concerned a major turning point in the Company's development, approved the debt restructuring plan submitted by the Infogrames Board of Directors by a very wide majority (98.76%) In the wake to the approval by 95% of the bondholders of the OCEANE 2005 plan and the exercise of 58% of the warrants issued in this connection, the shareholders added their support to the Group's debt restructuring project. The vote, which was the third step in a process, suggested at the end of last year, represent the final measure in the plan to settle the bond debt and give Infogrames the resources it needs at the onset of a new technology cycle in order to take full advantage of the interactive entertainment software industry's future growth. About Infogrames Entertainment and Atari: Infogrames Entertainment (IESA), the parent company of the Atari Group, is listed on the Paris Euronext stock exchange (ISIN code: FR-0000052573) and has two principal subsidiaries: Atari Europe, a privately-held company, and Atari, Inc., a United States corporation listed on NASDAQ (ATAR). The Atari Group is a major international producer, publisher and distributor of interactive entertainment software for all market segments and in all existing game formats (Microsoft, Nintendo and Sony) and on CD-ROM for PCs. Its games are sold in more than 60 countries. The Atari Group's extensive catalog of popular games is based on original franchises (Driver, Alone in the Dark, V-Rally, Unreal Tournament, Test Drive, Roller Coaster Tycoon, etc.) and international licenses (Mission Impossible from Paramount, Men In Black, Superman, Matrix, Terminator and Dragon Ball Z). For more information: http://www.atari.com/ Source: Infogrames Entertainment CONTACT: Cecile Sornay, +33-4-37-64-30-00, Fax: +33-4-37-64-30-35, cecile.sornay@atari.com, for Infogrames Entertainment Web site: http://www.atari.com/ ------- Profile: International Entertainment