Cold Fear Horrifies With A New Movie-Style Trailer

Ubisoft | London, UK - February 4, 2005 - Today, Ubisoft unleashed an electrifying, movie-style trailer for its new horror videogame Cold Fear^TM. Revealing the eerie details that set up the mysterious storyline, the Cold Fear trailer shocks with action-packed gameplay and suspenseful cinematics pulled directly out from the game. On a ship bound for Hell where anyone could be "DEAD" weight, this trailer displays a new level of gore and haunting realism that is certain to bring viewers' worst nightmares to life.

Visit the Official Cold Fear website at www.coldfeargame.com to view the trailer.

Players step into the role of Tom Hansen, a U.S. Coast Guard who is sent to board a drifting Russian whaling ship in the middle of a howling storm on the Bering Sea. He arrives only to discover that terrifying surprises await him on the bloodstained decks of the constantly rocking, shifting vessel. Set in a volatile, dynamic environment, players will find themselves overwhelmed by fear as they engage in intense combat with intelligent enemies.

Developed by Darkworks, Cold Fear will launch for the PlayStation^®2 computer entertainment system, the Xbox^® video game system from Microsoft in March 2005.

® 2005 Ubisoft Entertainment. All Rights Reserved. Cold Fear, Ubisoft and the Ubisoft logo are trademarks of Ubisoft Entertainment in the US and/or other countries. Developed by Darkworks.

This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about UbiSoft's business based, in part, on assumptions made by its management. These statements are not guarantees of UbiSoft's future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to, those described above and the following: changes in demand for UbiSoft's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing and difficulties encountered in the integration of acquired businesses. In addition, such statements could be affected by growth rates and market conditions relating to the interactive software industry and general domestic and international economic conditions. Specific information concerning these and other such factors is contained in UbiSoft's current report on Form 8-K as filed with the Securities and Exchange Commission on November 21, 2001. A copy of this filing may be obtained by contacting UbiSoft or the SEC. The forward-looking statements contained herein speak only as of the date on which they are made, and UbiSoft does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.