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Exhibit 10.13

  Lloyds TSB Corporate           Lloyds T56 Bank plc         Corporate 140
Wharfedale Road     Winnersh Triangle     Reading Telephone: 01 189 219216  
Berkshire RG41 5RB Facsimile: 01 189 219182           Reference:

      The Directors     Take Two Interactive Software Europe Limited
Saxon House
2-4 Victoria Street
Windsor
Berkshire
SL4 1EN   4th May 2005

Dear Sirs

OVERDRAFT AND OTHER FACILITIES

We Lloyds TSB Bank plc (the “Bank”) are pleased to continue to offer to Take Two
Interactive Software Europe Limited (the Company”) and to each of Joytech Europe
Limited and Venom Games Limited an overdraft facility in sterling and/or in US
dollars and euros on the following terms and conditions.

Amount

The Gross Borrowing shall not at any time exceed £19,100,000 and the Net
Borrowing shall not at any time exceed £13,100,000. For the purposes of this
letter “Gross Borrowing” means the aggregate of all amounts outstanding under
the facility (calculated on the basis of cleared funds) and “Net Borrowing”
means Gross Borrowing less the aggregate of all cleared credit balances that may
in the Bank’s opinion be legally set off against the Gross Borrowing (such
credit balances being referred to below as the “credit balances”).

For the purpose of determining whether the total amount owing is at any
particular time within or in excess of the agreed limits, credit balances in a
currency other than sterling shall be notionally converted into sterling on the
basis of the rate at which the Bank would sell sterling for that currency at
that time and amounts owing in a currency other than sterling shall be
notionally converted Into sterling on the basis of the rate at which the Bank
would sell that currency for sterling at that time.

You should note that the above Net Borrowing limit applies collectively to the
overdraft facility and to the indemnity line, and the documentary credit
facility included In the other facilities referred to below. Because of this,
utilisations of each such facility will be taken into account to determine the
amount available for utilisation by the other facilities.

Utilisations of the indemnity line, and the documentary credit facility are also
subject to the lower limit set out in the Schedule of Other Facilities.

Availability

The Bank’s present intention is to make the facility available until 31st March
2006 and all moneys from time to time owing to the Bank under the facility shall
be repaid no later than this date or such later date as may from time to time be
advised in writing by the Bank. The Bank may, nevertheless, terminate the
facility at any time and may, at such time or at any time thereafter, demand
immediate payment of all amounts owing under or in connection with the facility.
The amounts owing at any time may Include Interest, costs or charges which have
been debited to one or more of the accounts in accordance with the terms of this
letter.

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The Bank shall have the right at the time of making demand or at any time
thereafter to convert all amounts then due and payable in a currency other than
sterling into sterling at the Bank’s exchange rate for selling that currency
against sterling at that time. The Bank shall as soon as possible after such
conversion advise you of the sterling amount then owing.

Interest

Interest shall be calculated on a daily basis and will be payable on amounts
owing as follows:

  (a) If the sterling credit balances are equivalent to or greater than the
total amount owing under the facility in that currency (being the aggregate
cleared daily overdrawn balance of the relevant sterling account or accounts),
at 1% per annum on the total amount owing in that currency, or

        (b) if the sterling credit balances are less than the total amount owing
under the facility in that currency, at (i) 1.25% per annum over the Bank’s Base
Rate from time to time (currently 6.00% per annum In total) on the net
overdraft, and (ii) 1% per annum on an amount equivalent to the credit balances
in that currency,

and, in each case, at 1.25% per annum over the Bank’s relevant short term
offered rate from time to time in the case of amounts owing in any other
currency on the total amount owing in that currency.

For the purposes of the above, the net overdraft on any day is the total amount
owing under the facility in sterling less the credit balances in that currency
and the “credit balances” are the aggregate of all non-interest bearing cleared
credit balances in the same currency that may in the Bank’s opinion be legally
set off against amounts owing under the facility.

Interest will be debited to the relevant account monthly in arrears (normally on
the 10th of each month or on the next working day) in the case of sterling and
quarterly in arrears (normally on the 24th of each of February, May, August and
November or on the next working day) in the case of any other currency. Interest
may also be debited on the date upon which the facility ceases to be available.

The Bank’s Base Rate may be varied (either up or down) by the Bank at any time.
Notice of changes will be displayed in branches of the Bank. The Bank’s short
term offered rate for each currency may vary from day to day and upon request
the Bank will advise you ofthe rates then applicable.

Interest will be calculated on the basis of the actual number of days elapsed
and a 360 day year or a 365 day year as is in the Bank’s reasonable opinion
usual market practice for the relevant currency.

Costs and Charges

Transaction charges will be payable on each sterling account monthly in
accordance with the itemised tariff detailed on the enclosed factsheet.

In addition further charges will be payable for other services provided, as
shown in the enclosed tariff leaflet or as otherwise advised by the Bank from
time to time.

These charges will be debited to the relevant account. Charges may be varied by
the Bank at any time and notice of changes will be advised to you.

A renewal fee of £25,000 is payable. This will be debited to account number
00208125 of the Company in the next few days.

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All costs and expenses incurred by the Bank in preserving or enforcing the
security referred to below shall be debited to account number 00208125 of the
Company under advice.

Security

It is a condition of the facility (and of the other facilities referred to
below) that amounts owing shall be secured by the following.

(a) an omnibus guarantee and set off agreement dated 7th February 2001 among the
Bank, Take Two Interactive Software Europe Limited, Take Two Interactive France
SA, Take Two Interactive Germany GmbH, and Joytech Europe Limited,

    (b) an unlimited debenture dated 24th January 2001 from Take Two Interactive
Software Europe Limited,     (c) an unlimited debenture dated 24th January 2001
from Joytech Europe Limited,     (d) an all moneys guarantee dated 5th January
2001 from Take Two interactive Software Inc., for a principal amount of
£15,788,000 plus interest and other costs as detailed in the guarantee and in
respect of the debts and liabilities to the Bank of Take Two Interactive
Software Europe Limited together with such other security as the Bank may from
time to time hold for the debts and liabilities of the guarantor to the Bank,

    (e) an assignment of the proceeds of COFACE debtor insurance policy numbers
66925/00GBI, 68923/00GBI, 68899/00 and 7338/02 taken out in respect of Take Two
interactive Software Europe Limited, Joytech Europe Limited, Take Two
Interactive France SA and Take Two Interactive Germany GmbH,     (f) an
assignment of the book debts of Take Two Interactive Germany Gmbh, and     (g)
an assignment of the receivables of Take Two Interactive France SA.

Financial Information

Whilst the facility and/or any of the other facilities remain available the
Company should provide to the Bank as soon as possible after the end of the
period to which they relate copies of any financial information that the Bank
may f mm time to time reasonably request, including:

(a) its audited annual accounts within 180 days of the end of its financial
year,     (b) its quarterly management accounts within 30 days of the end of
each quarter,     (c) the audited annual accounts of Take Two interactive Inc.
within 120 days of the end of its financial year, and

    (a) the quarterly accounts of Take Two Interactive Inc. within 60 days of
the end of each quarter.

The figures so provided should demonstrate that the group’s good book debts
(over which a charge or security interest has been given to the Bank and after
taking into account any amounts owing ranking In priority to amounts owing to
the Bank) are not less than 170% of the group’s utilisation of all overdraft,
documentary credit and indemnity facilities provided by the Bank.

Other Facilities

In addition to the overdraft facility we are pleased to offer the facilities
detailed in the Schedule of Other Facilities. Except when reference is made to
another agreement, each additional facility will be available upon such terms
and conditions as shall from time to time be specified by the Bank. The
facilities may be cancelled by the Bank at any time, but it is the Bank’s
present intention to keep the facilities in place for the period of availability
of the overdraft facility and the liability in respect of any utilisation may
extend beyond such period of availability.

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Amounts outstanding in connection with the foreign exchange facility, the
Indemnity line, the documentary credit facility, the negotiations facility, and
the TravelLink facility may be in sterling and/or any other currency. For the
purpose of determining whether there is sufficient availability within the
specified limit for any particular utilisation, amounts outstanding in a
currency other than sterling shall be notionally converted into sterling on the
date of the proposed utilisation on the basis of the rate at which the Bank
would sell the relevant currency for sterling at that time.

If upon termination of the overdraft facility (or earlier cancellation of any of
these additional facilities) there are any foreign exchange contracts
outstanding or any contingent liabilities existing under these additional
facilities (or any of them) the Bank shall have the right at any time to close
out any such foreign exchange contracts and upon any request from the Bank:

(a) an amount sufficient to indemnify the Bank for all costs and losses incurred
by the Bank in or in connection with closing out such foreign exchange contracts
shall be paid to the Bank, and

    (b) an amount equal to the value of any such contingent liabilities existing
at such time shall be deposited with the Bank with the intent that such deposit
shall be held by the Bank as security for those liabilities and that such
documentation and other things (including the payment of any associated costs)
as the Bank may require in order to perfect such security shall be completed.

For the purposes of the above, the Bank shall have the right at the time of
making demand or at any time thereafter to convert all amounts then due and
payable in connection with any of these additional facilities in a currency
other than sterling into sterling at the Banks exchange rate for selling that
currency against sterling at that time. The Bank shall as soon as possible after
such conversion advise the sterling amount then owing.

The Bank may debit any amount owing in connection with these additional
facilities to the account of the relevant company with the Bank whether or not
that would cause the account to become overdrawn or the agreed overdraft limit
on the account to be breached.

Other Terms of Offer

This letter is for the benefit of the contracting parties only and shall not
confer any benefit on or be enforceable by a third party.

This letter shall be governed by and construed in accordance with English law
and you agree to submit to the non-exclusive jurisdiction of the English Courts.

Please confirm your acceptance of the facilities offered by returning the
attached duplicate of this letter with the acknowledgement signed in accordance
with the bank mandate currently held by the Bank. If such confirmation is not
received by the Bank (at the address given at the heading of this letter) by
17th May 2005 the offer will lapse.

Yours faithfully
For and on behalf of Lloyds TSB Bank plc

/s/ Sharon Geoghegan

Sharon Geoghegan
Senior Relationship Manager
Lloyds TSB Corporate

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We hereby acknowledge and accept the terms of your offer dated 4th May 2005 of
which this is a duplicate and agree all the terms and conditions therein
contained.

For and on behalf of Take Two Interactive Software Europe Limited (company
registered number 2739756)

Signed by   James Ellingford   (name)   Ashish Solanki    (name)    

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                          /s/ James Ellingford   (signature)   /s/ Ashish
Solanki    (signature)    

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                          5 May 2005   (date)   5 May 2005    (date)    

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For and on behalf of Joytech Europe Limited (company registered number 2981108)

Signed by   Tim Brion   (name)   Simon Little    (name)    

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                          /s/ Tim Brion   (signature)   /s/ Simon Little  
 (signature)    

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                          5 May 2005   (date)   5 May 2005    (date)    

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For and on behalf of Take Two Interactive France SA

Signed by   James Ellingford   (name)   Ashish Solanki    (name)    

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                          /s/ James Ellingford   (signature)   /s/ Ashish
Solanki    (signature)    

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                          5 May 2005   (date)   5 May 2005    (date)    

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This letter creates legal obligations. Before signing you may wish to take
independent advice.

SCHEDULE OF OTHER FACILITIES

The following additional facilities are available:

1. a foreign exchange facility of £2,500,000 for spot and forward exchange
contracts of up to 12 months is available to all of you. Foreign exchange
contracts may be entered into with the Bank provided that the aggregate of 10%
of the value of contracts with a maturity date of 6 months or less from the
contract date and 15% of the value of contracts with a maturity date of 12
months or less (but of more than 6 months) from the contract date outstanding at
any time does not exceed the limit detailed above.

      The maximum total value of all contracts that may be outstanding for
maturity on any day is £10,000,000.       The facility may be used by any of
you.     2 an indemnity line of £1,000,000 to cover bonds, indemnities and
guarantees (“BIGs”) issued by the Bank or its correspondents. The total value of
all BIGs that may be outstanding at any one time may not exceed the limit
detailed above.

      Please note that the total liability of the Bank under certain customs and
excise guarantees is twice the amount quoted on the guarantee.

      The Bank shall be under no obligation to issue any BIG unless the terms of
the BIG and the expiry date of the BIG (or means by which the Bank can terminate
its liability) are acceptable to the Bank. The Bank is to be indemnified to its
complete satisfaction in connection with each BIG issued.       The facility may
be used by any of you.     3 a documentary credit facility of £3,000,000 to
cover documentary letters of creditopened by the Bank. The limit detailed above
is the maximum total liability of the Bank that may be outstanding under all
such letters of credit at any one time.

      The Bank shall be under no obligation to open any letter of credit unless
the terms of the letter of credit are acceptable to the Bank. The Bank is to be
indemnified to its complete satisfaction in connection with each letter of
credit opened.       The facility may be used by any of you.     4 a
negotiations facility of £1,000 to cover the negotiation by the Bank of cheques
and bills of exchange payable abroad with recourse. The limit detailed above is
the maximum total amount of proceeds paid by the Bank in respect of cheques and
bills of exchange which the Bank anticipates at any point in time may be unpaid
by the drawer thereof. For this purpose the Bank will assume payment after 30
days if notactually advised of payment or non-payment, but this shall not
prejudice the Bank’s right of recourse (and the right of the Bank to debit any
unpaid amount to your account with the Bank and to re-calculate any interest on
the account as if such amount had never been credited to the account) if advice
of non-payment is received at any time thereafter.       The facility may be
used only by Joytech Europe Limited.

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5 an open credit facility of £3,750 to cover arrangements to cash cheques at the
Bank’s Lincoln and Chelsea branches. The limit detailed above is the maximum
value of cheques that may be cashed during such periods as may from time to time
be advised by the Bank.        The facility may be used only by the Company.    
6 a BACS facility of £900,000 to cover cornputerised sterling payment
instructions that may be delivered direct or through an agreed intermediary to
BACS Limited. The limit detailed above is the maximum total value of such
instructions for payment during any one month.

      The facility may be used by any of you, although the following companies
may use the facility only up to the amount stated below;
Take Two Interactive Software Europe Limited – up to a maximum amount of
£750,000.
Joytech Europe Limited – up to a maximum amount of £150,000.     7 a
Businesscharge card facility of £115,100 under the terms of an agreement dated
31st January 2001. The above limit is the “Business Limit” specified in the
terms and conditions of your Businesscharge card application.

    8 a LLoydsLink pavements facility under and subject to the terms and
conditions set out in an agreement dated 17th January 2001 to cover the transfer
of funds from agreed accounts by automated means initiated by the Company. The
following limit applies to the facility:

      £50,000; the maximum total value of LloydsLink transactions that have been
initiated through the PC Pay module, but have not been debited to the agreed
accounts (“three day value payments”).

    9 a TravelLink facility of £2,000 under and subject to the terms and
conditions set out in an agreement to cover foreign currency and travelers
cheques ordered from the Bank by automated means initiated by the Company. The
above limit is the maximum aggregate value of such orders that may be made on
any two consecutive business days.

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