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Further details on the
company can be obtained at http://www. Such forward-looking statements are
subject to risks and uncertainties that could cause actual results to differ
materially from those expressed or implied by such forward looking statements,
including, but not limited to economic, competitive and technological factors
affecting the operations, markets, products, and pricing of THQ. The Seoul-based game developer recorded
total revenues of KRW (Korean Won) 246 billion (US$246 million), an
increase of 48 percent over FY2003.

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com.

The statements contained in this press release that are not historical
facts may be "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995.net

NCsoft, the interlocking NC logo, "Lineage," "Guild Wars" and
"Auto Assault " and all associated NCsoft logos and designs are
trademarks or registered trademarks of NCsoft Corporation .

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Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date of this press release. Those expectations proved untrue as total
company revenues in Korea fell just one percent from the third quarter
of 2004, even though the fourth quarter is typically a low-demand
season.

Promote NCsoft's overseas business and establish a wider
global publishing presence.ncsoft.

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About Relic Entertainment
Founded in 1997 and acquired by THQ in 2004, Relic Entertainment is a
leader in the development of innovative real -time strategy games for Windows
PC. THQ,
Relic Entertainment and their respective logos are trademarks and/or
registered trademarks of THQ Inc.

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CALABASAS HILLS, Calif.com. The studio's most recent release, "Warhammer 40,000:
Dawn of War" (2004), won numerous accolades including "Strategy Game of the
Year" from Computer Gaming World.

NCsoft Announces Fiscal 2004 Results; Record Amount of Revenues Reported; New Titles Scheduled for Release in 2005

Business Editors/High-Tech Writers

SEOUL, South Korea----NCsoft(R)
Corporation (KSE:036570), the world's leading developer and publisher
of online computer games, announced financial results from the fiscal
year ended December 31, 2004. "City of Villains(TM)," the much anticipated sequel to the
highly successful "City of Heroes " is expected to release later in the
year as is the post-apocalyptic car combat game, "Auto Assault (TM). All other trademarks
are the property of their respective owners.

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thqwireless.
For the fiscal quarter that ended December 31, 2004, revenues were
KRW 62 billion (US$62 million), down two percent as compared to the
third quarter of 2004.

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Operating profit was KRW 21 billion (US$21
million) , down 25 percent from the previous quarter and net profit was
KRW 13 billion (US$13 million), down 39 percent from the third quarter
of 2004. Due to the Korean won's strength against the US dollar ,
profits from royalty earnings also declined by 6 percent to KRW 10
billion (US$10 million).

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games -workshop. All rights
reserved.

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Today, Relic is building on this legacy by
developing multiple ground-breaking projects in the RTS genre. Unless
otherwise required by law, THQ disclaims any obligation to update its view on
any such risks or uncertainties or to revise or publicly release the results
of any revision to these forward-looking statements.
NCsoft today also revealed its goals for the current fiscal year. Overseas, NCsoft has a more diversified
plan.

Develop an online games multi-platform strategy.

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The 41st Millennium Forces Are at Your Command: Dawn of War: Winter Assault (TM) and Dawn of War: Game of the Year Edition(TM) Ship Today Exclusively for Window

More information about THQ
and its products may be found at http://www. The company attributes the losses to
increasing labor costs and marketing costs.

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Dawn of War: Winter Assault will ship with an exclusive
collectible card for the Sabretooth Games Dark Millennium: The Warhammer
40,000 Collectible Card Game featuring an Eldar Farseer fighting an Ork
Warlord."
NCsoft also highlighted its long-term business strategy , including
these goals:

Continue to be competitive in the existing massively
multiplayer sector and gradually broaden its market.

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dawnofwargame. Relic's first title, "Homeworld" (1999), was received to widespread
acclaim, garnering several "Game of the Year" and "Strategy Game of the Year "
awards from major industry publications including PC Gamer and Computer Gaming
World.

About THQ
THQ Inc.

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Games Workshop, Warhammer,
Warhammer 40,000, Warhammer 40,000: Dawn of War, Warhammer 40,000: Dawn of War
:Winter Assault and all images, races and characters from the Warhammer 40,000
universe are either (R), TM and/or (C) Games Workshop Ltd 2000-2005, variably
registered in the UK and other countries around the world.
More information about NCsoft can be found at
http: //www. "City of
Heroes" and "City of Villains" are trademarks or registered trademarks
of Cryptic Studios, Inc.

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The company plans to reach total revenues of KRW 305 billion,
operating profit of KRW 110 billion and profits from royalty earnings
of KRW 52 billion.

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About Games Workshop
Games Workshop is the world's largest tabletop wargames company. Readers
should carefully review the risk factors and the information that could
materially affect THQ's financial results , described in other documents that
THQ files from time to time with the Securities and Exchange Commission ,
including its Quarterly Reports on Form 10-Q and Annual Report on Form 10-K
for the fiscal period ended March 31, 2005, and particularly the discussion of
risk factors that may affect results of operations set forth therein. "Guild Wars," which will be released as a retail product with no
monthly subscription fee, launches in North America and Europe on
April 28.

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Since then, Relic has released "Homeworld: Cataclysm" (2000,
co-developed with Barking Dog Studios), "Impossible Creatures " (2003), and
"Homeworld 2" (2003).com.

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Based in
Nottingham, UK, it designs, manufactures and distributes its range of
Warhammer and Warhammer 40,000 games, miniature soldiers, and novels, through
more than 300 of its own Hobby centers, mail order, Internet and independent
retail channels in more than 50 countries worldwide. These forward-looking statements
are based on current expectations , estimates and projections about the
business of THQ Inc. and its subsidiaries (collectively referred to as "THQ"),
including but not limited to expectations and projections related to the
release and features of Warhammer 40,000: Dawn of War: Winter Assault and Dawn
of War: Game of the Year Edition , and are based upon management's beliefs and
certain assumptions made by management.

Andrew Wong
GCI Group for THQ
415-974-7235

Julie MacMedan
THQ/Investor Relations
818/ 871-5090

It marked the first time that
NCsoft has reached more than KRW 200 billion in revenues and marks the
greatest annual revenue ever recorded in the Internet games industry
in South Korea.

This category is for the corresponding first digit or letter in the title of games.

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NCsoft also reported operating profit of KRW 108 billion (US$108
million) and net profit of KRW 77 billion (US$77 million), an increase
of 97% in operating profit and 145% in net profit respectively over FY
2003. This is somewhat different
from views held by some industry experts who expected the release of
"World of Warcraft," a competitive product, to have a negative impact
on NCsoft's business.
In Korea, NCsoft will be commercially launching new products
"Guild Wars(R)" in the first half of 2005 and "City of Heroes(R)" in
the second half of the year.

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, the
dark, futuristic, fantasy universe from Games Workshop (LSE: GAW) traveled by
millions worldwide . Headquartered
in Los Angeles County, California, THQ sells product through its global
network of offices located in the United States, United Kingdom, France,
Germany, Netherlands, Spain, Korea and Australia. and NCsoft Corporation.

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The company develops its products for all
popular game systems , personal computers and wireless devices. Profits from royalty earnings also topped KRW 37 billion (US$37
million). That will lead to new online
experiences for gamers worldwide.

These goals will have NCsoft focusing this fiscal year on
developing competitive products, efficient business operations and
exploring business expansion.

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For more information on Warhammer 40,000: Dawn of War and Warhammer
40,000: Dawn of War: Winter Assault, please visit http://www. (Nasdaq: THQI) is a leading worldwide developer and publisher of
interactive entertainment software.

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- - kjjkjk

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