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HEROES OF MIGHT AND MAGIC® V RELEASES TO STORES TODAY

SAN FRANCISCO May 23, 2006 Ubisoft, one of the world's largest video game publishers, today proudly announces that Heroes of Might and Magic® V for PC has released and will be arriving at North American retailers this week.

"Today we celebrate the return of the beloved Might and Magic franchise with Heroes of Might and Magic V, enhanced and revamped but stillholding true to the values of the series that its loyal fans love and demand," said Tony Key, vice president of marketing at Ubisoft. "Ubisoft is proud to bring the series into a new realm of PC gaming with an all-new 3D universe and innovative new features such as the Dynamic Battle System."

In the renowned Might & Magic universe, demon swarms spread chaos over the land in a relentless assault. The fate of the world is at stake and heroes from a variety of legendary factions must stand up and defend their causes. Live their fate, lead their forces to victory and unveil the secret goal of the demon lords. Players have the ability to become strategy gaming legends by raising unique hero characters, assembling armies and defeating enemies using the brand-new dynamic battle system both offline and online.

Key Features of Heroes of Might and Magic V include:
• Cutting-edge visual technology: For the first time, experience the world of Might & Magic in a full, breathtaking 3D animated world supported by a consistent and modern graphic style.

• A more mature & consistent fantasy universe: Includes all the features that made the series successful in a completely revamped and more mature universe – with six unique factions and over 80 different creatures and 40 spells.

• Complete strategy experience and RPG gameplay: During six campaigns and more than 30 missions, explore and conquer territories, manage your cities, recruit armies and raise and upgrade your heroes through a user-friendly yet deep turn-based system.

• Complete scalable turn-based battle system for challenging and tactical combat: Discover the combat system that made the Heroes series successful or experience the brand-new dynamic battle system that transforms a chessboard into a lively battlefield.

• Competitive, addictive, and intense multiplayer mode: Play five different online modes, including the new Ghost Mode via hot seat, LAN or the Internet.

Developed by a seasoned team at Nival Interactive (Blitzkrieg, Silent Storm, Etherlords), Heroes of Might and Magic V® is available in both a standard and a limited edition and ships with a rating of T (Teen).

For more information on Heroes of Might and Magic® V, please visit the official web site at www.mightandmagic.com.

Heroes of Might & Magic® V © 2006 Ubisoft Entertainment. All Rights Reserved. Heroes, Might and Magic, Heroes of Might and Magic, Ubisoft, and the Ubisoft logo are trademarks of Ubisoft Entertainment in the U.S. and/or other countries. Developed by Nival Interactive.

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