Ubisoft announced today its product catalog for fiscal year 2005-2006 (ending March 31, 2006) for Europe and provided additional information on its financial prospects. First semester: four major launches, including Tom Clancy's Rainbow Six Lockdown

In light of strong sales for titles launched over the past few months as well as the high number of orders placed for blockbusters scheduled to hit the market by the close of fiscal year 2004-2005 (on March 31st), Ubisoft management has decided to release Tom Clancy's Rainbow Six Lockdown in the first half of fiscal year 2005-2006, rather than in March 2005. This title, which is ready for launch, will thus boost the beginning of fiscal year 2005-2006 with estimated sales of 1.5 to 2 million units.



In addition to Tom Clancy's Rainbow Six Lockdown, the first six months will see the release of three other major titles: Far Cry Instincts on consoles, Star Wars: Revenge of the Sith for portable consoles and 187 Ride or Die, a new brand in the urban street-racing segment.


Third quarter: Peter Jackson's King Kong and Brothers in Arms Road to Hill 30 will join Tom Clancy's Ghost Recon and Prince of Persia for an explosive holiday season.

While Tom Clancy's Ghost Recon and Prince of Persia will attempt to break the sales records achieved during the 2004 holiday season, Peter Jackson's King Kong is clearly shaping up to be one of the season's major blockbusters. These titles will be supplemented by a new chapter of Brothers In Arms, which has, in March, established itself as the benchmark brand in the World War II shooting-game segment.

Fourth quarter: new adventures for Tom Clancy's Splinter Cell and three new brands

With Killing Day (working title), an FPS specifically designed for next-generation consoles, Ubisoft plans to demonstrate once again its technological lead and highlight the capabilities of the new consoles. The group will also mark its entry into the sports segment with a basketball game (And 1) and reinforce its presence in the strategy segment with two games under the Might & Magic brand.

32 products will be launched in total during fiscal year 2005-2006, including three for Nintendo DS, five for Sony's new PlayStation Portable console (PSP) and four for the new next-generation console from Microsoft.


Financial Results

Revised prospects for fiscal years 2004-2005 and 2005-2006

Taking into account the postponement of Tom Clancy's Rainbow Six Lockdown, Ubisoft should register sales over €215 million for the fourth quarter of 2004-2005 while maintaining an annual operating income objective of €40-45 million according to French accounting standards and €38-43 million in pro-forma figures.

Indeed the high volume of sales for recent titles will generate additional gross margin that should fully compensate this delay. Net profit excluding extraordinary items (before amortization of goodwill) should amount to €18-22 million according to French accounting standards and €17-21 million in pro-forma figures. Available net cash flow before acquisition expenditures should equal €30 million, as opposed to the +€10 million initially projected.

For fiscal year 2005-2006, given the quality of its game portfolio, Ubisoft's previously stated objectives remain unchanged:

- 12% increase in sales at constant exchange rates. - Operating income of more than €55 million according to French accounting standards.

As a result of these projections and the seasonal nature of sales, Ubisoft is expecting a net profit excluding extraordinary items (before amortization of goodwill and business assets) of over €28 million according to French accounting standards and available net cash flow before acquisition expenditures of more than €40 million.

"Ubisoft is ending 2004-2005 with outstanding results thanks to the successful launches of the Brothers in Arms brand, which has become the undisputed benchmark in its category in just one installment, and Tom Clancy's Splinter Cell, which has received rave reviews. For the first time in the video game industry, the Official Xbox Magazine in the United States awarded a score of 9.9/10 to the blockbuster Tom Clancy's Splinter Cell Chaos Theory. This rating, which recognizes a strategy based on quality and creativity, allows us to reaffirm our studios' standing among the best in the world," declared Yves Guillemot, president and CEO of Ubisoft. "Fiscal year 2005-2006 should turn out to be another record year right from the first quarter, with major product launches, an even richer game portfolio and an outlook of strong growth and increased profitability. Ubisoft is once again proving its ability to win market share and create value."

Products for fiscal year 2005-2006 Non exhaustive list

TITLES - Platform

Q1 FY05-06 (April - June 2005)

* Lumines - PSP
* Bomberman DS - Nintendo DS
* Bomberman Hardball - Playstation 2
* Star Wars: Revenge of the Sith Nintendo DS
* Star Wars: Revenge of the Sith - GameBoy advance
* Tom Clancy's Rainbow Six Lockdown - Playstation 2
* Tom Clancy's Rainbow Six Lockdown - Xbox
* Tom Clancy's Rainbow Six Lockdown - GameCube
* Tom Clancy's Rainbow Six Lockdown - PC


Q2 FY05-06 (July - September 2005)

* Lunar Genesis - Nintendo DSTM
* AA Rise of a Soldier - Xbox
* AA Rise of a Soldier - Playstation 2
* Tom Clancy's Ghost Recon 2 mission pack - Xbox
* Far Cry Instincts - current console
* World War II Squadron (working title) - Xbox
* The Settlers Heritage of Kings add on - PC
* Prince of Persia Warrior Within - PSP
* 187 Ride or Die - Xbox
* 187 Ride or Die - Playstation 2
* 187 Ride or Die - PC
* 187 Ride or Die - GameCube
* Myst V : End of Ages - PC/Mac



Q3 FY05-06 (October - December 2005)

* Alexandra Ledermann 6 - PC
* And1 - Playstation 2
* And1 - Xbox
* New chapter of Brothers In Arms - PC
* New chapter of Brothers In Arms - Playstation 2
* New chapter of Brothers In Arms - Xbox
* Far Cry add on - PC
* Tom Clancy's Ghost Recon 3 - GameCube
* Tom Clancy's Ghost Recon 3 - PC
* Tom Clancy's Ghost Recon 3 - Playstation 2
* Tom Clancy's Ghost Recon 3 - Xbox
* Tom Clancy's Ghost Recon 3 - next generation consoles
* Peter Jackson's King Kong - GameBoy advance
* Peter Jackson's King Kong - PC
* Peter Jackson's King Kong - Playstation 2
* Peter Jackson's King Kong - PSP
* Peter Jackson's King Kong - Xbox
* Peter Jackson's King Kong - Nintendo DS
* Peter Jackson's King Kong - GameCube
* Peter Jackson's King Kong - next generation
consoles * Prince of Persia 3 - GameBoy advance
* Prince of Persia 3 - GameCube
* Prince of Persia 3 - PC
* Prince of Persia 3 - Playstation 2
* Prince of Persia 3 - Xbox
* Prince of Persia Warrior Within - Nintendo DS
* The Settlers mission pack - PC



Q4 FY05-06 (January - March 2006)

* Silent Hunter 4 - PC
* Heroes of Might & Magic 5 - PC
* Splinter Cell 4 - PC
* Splinter Cell 4 - Playstation 2
* Splinter Cell 4 - Xbox
* Splinter Cell 4 - GameCube
* Splinter Cell 4 - next generation consoles
* Splinter Cell - PSP
* Killing Day (working title) - next generation consoles
* Product with Might & Magic brand - PC
* Title to be confirmed - Xbox
* Title to be confirmed - Playstation 2