GRAPEVINE, Texas--(BUSINESS WIRE)--April 27, 2005--GameStop Corp. (NYSE:GME)(NYSE:GME.B) today announced that it will offer "Halo 2" fans in the U.S. the chance to test their skills online against gamers from all corners of the globe in association with Xbox(TM) Live. The U.S. competitions will kick off during the week of May 2nd. The GameStop sponsored U.S. National Champion will play online in the worldwide finals during the month of June, culminating with the naming of the first ever Xbox Live "Halo 2" World Champion.

To determine the U.S. National Champion, contestants from throughout the U.S. will compete against each other until a National Champion is chosen. The winner from this competition will be decided by a double elimination ladder. The World Finalists will consist of winners from Xbox Live's 24 countries and will vie online for the honor of being named Xbox Live "Halo 2" World Champion.

"GameStop is proud to be the U.S. sponsor of the first ever "Halo 2" On-Line Worldwide Tournament, and looks forward to continuing to provide GameStop customers with unparalleled experiences," says Jack Beuttell, Senior Vice-President of Marketing and Merchandising for GameStop Corp. "This unique association between GameStop and Xbox Live unites gamers together in a dynamic community where they can experience the excitement of one of the hottest games of the year in a new and competitive environment."

Each of the 24 country winners will receive a Limited Edition half-size Master Chief Statue, Personalized Xbox Live "Halo 2" Championship sweatshirt and Country Champion Plaque, a Samsung Camcorder and $500 in cash. The worldwide champion will receive the country winner prize package, as well as a 50 inch Samsung Flat Screen DLP HDTV, a Samsung DVD Player/Recorder, a Personalized Xbox Live "Halo 2" Global Champion Trophy featuring a 27 karat gold "Halo 2" game disc, and $1,500 in cash.

Contestants 18 and older can get registration information at GameStop stores nationwide or at www.GameStopStores.com. Registration for this worldwide tournament begins on Tuesday, April 26. Contestants can register with just their e-mail address and Xbox Live GamerTag.

About GameStop Corp.

Headquartered in Grapevine, Texas, GameStop Corp. (NYSE:GME)(NYSE:GME.B) is one of the nation's largest video game and entertainment software retailers. The company operates 1,826 retail stores throughout the 50 states, the District of Columbia, Puerto Rico and Ireland, primarily under the GameStop(R) brand. In addition, the company owns a commerce-enabled Web property, GameStop.com, and Game Informer(R) magazine, a leading video and computer game publication.

GameStop Corp. sells the most popular new software, hardware and game accessories for the PC and next generation video game systems from Sony, Nintendo, and Microsoft, and is also the industry's largest reseller of used video games. In addition, the company sells computer and video game magazines and strategy guides, action figures, and other related merchandise to more than 30 million customers.

General information on GameStop Corp. can be obtained via the Internet by visiting the company's corporate website: http://www.gamestop.com/investor-relations/

About Xbox Live

A new frontier in imagination and extraordinary interaction, Xbox Live offers rich online gameplay. The world's only unified global online console games service, Xbox Live is continuously innovating to provide members with unparalleled experiences. This unique service unites gamers together in a dynamic community where they can experience the best online games, exclusive programming and continuous downloadable content. Xbox Live launched in the United States in November 2002 and is available in 24 countries. Gamers can visit http://www.xbox.com/live for more information.

Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries.

    CONTACT: GameStop Corp.
             David W. Carlson, 817-424-2130
             Executive Vice-President & Chief Financial Officer

    SOURCE: GameStop Corp.