NEW YORK, NY, May 4, 1998 - In an exclusive E3 "closed door" preview, GT Interactive Software Corp. (NASDAQ: GTIS) and Legend Entertainment will showcase for the first time the highly anticipated PC title, The Wheel of Time. Based on Robert Jordan's popular fantasy novel series, The Wheel of Time will utilize Epic MegaGame's revolutionary "Unreal" game engine to create a compelling first-person action/strategy game with role-playing elements, set in a highly detailed, real-time 3D world.

"The level of consumer interest in The Wheel of Time is growing exponentially and will continue to rise once its innovative game play elements are revealed for the first time," says Holly Newman, vice president of Marketing for GT Interactive. "Whether a fan of Robert Jordan's novels or an avid gamer, The Wheel of Time will immerse players in a graphically dynamic, action-packed fantasy world."

Developed by Legend Entertainment, The Wheel of Time is a real-time, first-person 3D action/strategy game with role-playing elements. Set in the world of Robert Jordan's award-winning novels, the game allows players to assume the identity of one of four characters throughout a magical adventure. In addition, players control their own fortresses, explore environments, collect magical artifacts, interact with non-player characters and storm enemy citadels in search of mystical seals while protecting their own home bases from invasion.

The Wheel of Time, which will be available for the PC in 1999, as well as GT Interactive's complete line of software, is being showcased at the GT Interactive booth #5626 during E3.

Legend Entertainment Company is a developer and publisher of entertainment software products for personal computers. Since its inception in 1989, Legend has created sixteen titles and has established a sterling reputation in the industry for excellent game design.

Headquartered in NY, GT Interactive Software Corp. is a leading global publisher of entertainment and edutainment software under the GT Interactive, Cavedog Entertainment, SingleTrac and MacSoft brands for personal computers as well as game systems from Sony Computer Entertainment America Inc. and Nintendo. GT Interactive is a marketshare leader in value-priced software under the WizardWorks, CompuWorks and Slash brands. Located on the World Wide Web at http://www.gtinteractive.com, GT Interactive is publicly traded on the NASDAQ National Market System under the symbol GTIS.