<PAGE>
Exhibit E-1

This press release is not intended for and may not be distributed or released
in or into the United States



                                                                    31 May 2001

                                   Eidos plc
                      Fourth Quarter and Full Year Results

Eidos plc ("Eidos"), one of the world's leading publishers and developers of
entertainment software, announces results for the quarter and year ended 31
March 2001.

             Financial Overview (for the year ended 31 March 2001)

<TABLE>
<CAPTION>
<S>                                              <C>              <C>
For the year ended 31 March:.................              2001             2000
Turnover pre exceptional items:..............         (L)160.4m        (L)194.8m
EBITDA pre exceptional items:................         (L)(20.9m)        (L)(9.7m)
Loss per share pre amortisation of goodwill
  and exceptional items:.....................           (26.2)p          (17.5)p
Exceptional items pre taxation:..............         (L)(54.1m)        (L)80.2m
</TABLE>


Business Highlights

o       20 new titles launched in year, with 8 shipping in excess of 350,000
        units

o       "Who Wants To Be A Millionaire?" ships close to two million units in
        the U.K. and Germany, making it both the best and fastest selling game
        in U.K. history.

o       Publishing deal for rights to both sequel and junior versions of "Who
        Wants To Be A Millionaire?" signed with Celador International.

o       David Adams joins Board as Non Executive Director

o       1 for 3 rights issue announced

Commenting on these results Michael McGarvey, Chief Executive Officer, said:

"The Group's financial results in the year to 31 March 2001 were adversely
affected by a combination of the cyclical downturn in the market which has
characterised the transition to the new generation platforms, margin pressure
resulting from an over supplied retail channel and the write off of our
investment in Express.com. In addition, we delayed the release of certain
PlayStation 2 titles until the current financial year to allow the installed
base of such consoles to increase. Notwithstanding these challenges, we
achieved some notable successes with our publishing schedule, in particular
with "Who Wants To Be A Millionaire?", which has now become the best selling
title in U.K. chart history.

During the year the Group embarked upon a far-reaching strategic review of the
Group's operations. As a result of this we have implemented a wide ranging
cost reduction programme which we anticipate will lead to further fixed cost
reductions in the current financial year. We have also taken the decision to
shift an increasing proportion of our development resources to in-house
development teams and focus our efforts on new titles which we believe will
generate substantial potential sales and on our proven franchise properties.

The Group has announced today a rights issue to raise (L)51.7m of new capital,
net of expenses. We believe that the Group, following the successful
completion of the Rights Issue, will be correctly positioned both in terms of
its financial resources, origination and publishing profile to take advantage
of the improved market conditions which we and many other industry
participants expect now that the next generation consoles are becoming well
established in the marketplace. "

Contact:
Mike McGarvey, CEO:                                               020 8636 3000
Jonathan Glass/Sara Musgrave, Brunswick:                          020 7404 5959
Brad Edwards, Brainerd Communicators:                           01 212 986 6667

                                      E1-1

<PAGE>
CHAIRMAN'S STATEMENT


Review of Operations

The Group experienced a challenging period in the year ended 31 March 2001.
The hiatus in demand for entertainment software by consumers awaiting
deliveries of the next generation of consoles has led to a disappointing
financial performance both for ourselves and many other leading publishers of
interactive video games. This was exacerbated by price and margin erosion. We
started the year with a significantly oversupplied retail channel having
achieved lower than anticipated sales of our video games during the 1999
Christmas period and in the January to March 2000 quarter. Clearing this
excess inventory position required us to make an exceptional provision to
cover returns of video games not sold by the retail channel. We have also had
to provide as an exceptional item for the write off of our investment in
Express.com, Inc., which proved unable to sustain its business model in the
face of the widely reported downturn experienced by business to consumer
online companies. In addition the Company incurred costs in respect of the
aborted bid talks. These 3 exceptional items require us to write off a total
of (L)54.1 million during the year.

The underlying trading results of the company have also been disappointing.
The combination of a depressed level of demand, retail channel-led margin
pressure and the decision to defer certain key game launches until the current
financial year resulted in a loss before taxation, goodwill amortisation and
exceptional items, of (L)26.1m. The decision to defer the release of certain
PlayStation 2 titles until the current financial year was taken to allow the
installed base of such consoles to increase following manufacturing
difficulties and delays initially encountered by Sony.

The disappointing financial results mask a year in which the Group continued
to achieve a good performance in its publishing activities. 20 new games, 4
less than in 2000, were released during the year. Two titles sold
significantly in excess of 1 million units: "Who Wants To Be A Millionaire?"
and Tomb Raider: Chronicles. "Who Wants To Be A Millionaire?" became the
fastest selling title to reach 1 million units sold in the U.K. and is now the
biggest selling title in U.K. chart history, ahead of Tomb Raider 2 and Tomb
Raider. A German version of "Who Wants To Be A Millionaire?" was released in
the January to March 2001 quarter. We have since shipped in excess of 200,000
units to that market, making it the biggest selling game on the PC and
PlayStation formats in the 2001 year to date.

We have had further success with other titles during the year. Championship
Manager and Sydney 2000 both shipped in excess of 350,000 units during the
year. The performance of Deus Ex from Ion Storm Austin and our first
PlayStation 2 title, TimeSplitters, has been encouraging, with both winning
critical acclaim during the year. We believe both titles have the potential to
develop into compelling franchises for the future.

Overall, turnover for the full year decreased by 17.7% from (L)194.8 million
to (L)160.4 million, before the exceptional charge incurred in respect of
returns. Pre exceptional operating losses were (L)39.5m after goodwill
amortisation of (L)16.1 million compared to operating losses of (L)26.8m after
goodwill of (L)13.4m in the previous year. The pre exceptional loss per share
was 41.7p (2000: loss per share of 31.3p). Excluding goodwill and
exceptionals, the loss per share was 26.2p for the year (2000: loss per share
of 17.5p).

Before the exceptional charge to turnover, gross margin was 49.0% for the year
compared to 54.9 % last year. The Group undertook a comprehensive program in
the fourth quarter to reduce its exposure to further write downs of retail
channel and warehouse inventories in future periods. This has been at the cost
of reducing margins for the quarter and this has also contributed to reducing
margins for the year. Nevertheless the Board believes this was a prudent
measure given the current climate and that ultimately it should help the Group
return to more normal levels of margin in the future.

Selling and Marketing

Advertising costs for the year were (L)19.3 million (12.1% of pre exceptional
turnover) compared to (L)25.2 million (12.9% of turnover) in 2000. The level
of expenditure relative to turnover has fallen in the period partly as a
result of reduced expenditure on TV advertising in anticipation of lower
volumes. The Group has also been able to realise savings from certain key
brands and franchises such as "Who Wants to be A Millionaire?", which can
deliver outstanding levels of success with lower levels of marketing support
due to the strength of their brand awareness in the marketplace.

                                      E1-2

<PAGE>
The fixed element of selling and marketing costs was down 9.4% to (L)19.2
million compared to (L)21.2 million in the prior year. The lower amortisation
of promotional licences reported on earlier in the year was effectively
reversed in the final quarter with a (L)2.0m charge arising from the
accelerated amortisation of certain prepaid licence fees. Overall, however,
this one off charge was offset by savings generated from the disposal or
termination of non-core activities and by the imposition of tighter controls
on expenditure in the remaining publishing businesses.

Research and Development

Research and development represents the Company's investment in product
development of (L)42.4 million (2000: (L)47.2 million). Included in this
category is pure research and development of (L)0.4 million (2000: (L)2.2
million). The reduction in product development expenditure reflects the
increasing emphasis on internally developed titles and the leveraging of
established franchises onto new hardware platforms in the product pipeline.
This pipeline includes (L)30.5 million (1999: (L)19.7 million) invested in
more than 30 titles to be released over the next two years. The termination of
certain non-core activities has led to the decrease in pure research and
development expenditure.

General and Administrative

Pre exceptional charges, general and administrative costs excluding goodwill
of (L)10.9 million, were (L)22.0 million (13.7% of turnover), compared to
(L)27.3 million in 2000 (14.0% of turnover). This reduction is largely the
result of the greater control of staff costs and other corporate costs in the
year. The continued drive to reduce general and administrative costs remains a
priority for the Group.

Financing and Cashflow

At the year end Eidos had gross cash balances of (L)28.4m (2000: (L)103.4m)
and gross debt of (L)18.9m (2000: (L)80.6m). (L)10.0m of the year-end cash
balance was subsequently used to settle the final instalment of tax arising
from the sale of Opticom shares which occurred in the year to 31 March 2000.

The net cash inflow from operating activities was (L)1.9 million compared to a
net outflow of (L)28.5 million in 2000.

Taxation

The taxation charge of (L)1.0m comprises (L)0.6m in respect of current year's
trading and (L)0.4m in respect of adjustments to prior year's provisions. The
current year's charge arises entirely from the profitability of certain of the
Group's overseas subsidiaries and joint ventures. Certain countries have
incurred losses for which no credit has been given in the current year and
which should be available in future years.

Board and Management

On 1 November 2000 we were delighted to announce that Mike McGarvey was
appointed Chief Executive of the Group. We also had pleasure in announcing
that David Adams was appointed a Non-executive Director on 9 May 2001. David
is the Group Finance Director of House of Fraser Plc, a position he has held
since 1997. In addition, the Company is currently in talks with an individual
which may or may not result in his appointment as Finance Director in the near
future.

Current trading, prospects

The period since the end of the Company's financial year is typically a quiet
sales period for the Group. This year has been no exception and trading has
been in line with our expectations. Looking forward to the remainder of the
current financial year, the Group intends to release a portfolio of 20 titles,
representing 33 SKUs, on the following platforms: 2 on PlayStation, 11 on
PlayStation 2, 7 on Xbox, 1 on Dreamcast and 12 on PC.

Within this portfolio of releases are 6 titles that we believe could develop
into exciting franchises. In addition, 11 titles are sequels to previously
successful games and include: Who Wants To Be A Millionaire 2, Championship
Manager 01/02, Commandos 2, Soul Reaver 2, Kain Blood Omen 2 and Winter
Olympics. We have made the decision not to release a Tomb Raider title in this
financial year. Instead we are investing significant time and resources so
that the next iteration of the Tomb Raider franchise will utilise the enhanced
features of the next
                                      E1-3

<PAGE>
generation consoles and enhance the quality of the franchise. The Tomb Raider
film is due for release by Paramount in June (U.S.) and July (U.K.) and we
expect this will build further awareness of the franchise in the mass market.
As at 31 May 2001, we have more than 30 titles in development for release over
the next 18 to 24 months.

The North American and European launch dates for the next generation consoles
have now all been announced or indicated by the relevant manufacturers. The
Directors believe this will lead to a return to the strong historic growth
rates previously achieved by sales of consoles and the associated
entertainment software. Given this background and the exciting line up of
titles due for release, the Directors are confident of the Group's prospects
for the year ahead.

Employees

We would like to thank all Eidos employees for their hard work, dedication and
enthusiasm during a challenging year.

Ian Livingstone
Chairman
31 May 2001
EIDOS PLC

                                      E1-4

<PAGE>
EIDOS PLC
Consolidated Profit and Loss Account

<TABLE>
<CAPTION>
                                                                     Before
                                                                  Exceptional       Exceptional
                                                                     items             items            Total             Total
                                                                 Year ended 31     Year ended 31    Year ended 31     Year ended 31
                                                                   March 2001       March 2001        March 2001       March 2000
                                                                  -------------    -------------     -------------    -------------
                                                                     (L)000           (L)000            (L)000           (L)000
<S>                                                              <C>              <C>               <C>              <C>
Turnover: group and share of joint venture...................           169,767          (16,900)          152,867          203,265
Less: share of joint ventures' turnover......................            (9,374)              --            (9,374)          (8,464)
                                                                  -------------    -------------     -------------    -------------
Group turnover - continuing operations.......................           160,393          (16,900)          143,493          194,801
Cost of sales................................................           (81,722)              --           (81,722)         (87,908)
                                                                  -------------    -------------     -------------    -------------
Gross Profit.................................................            78,671          (16,900)           61,771          106,893
Sales and marketing..........................................           (38,497)              --           (38,497)         (46,380)
Research and development.....................................           (42,403)              --           (42,403)         (47,173)
General and administrative
 Amortisation of goodwill ...................................           (10,915)              --           (10,915)          (9,973)
 Other ......................................................           (21,991)            (938)          (22,929)         (27,255)
                                                                  -------------    -------------     -------------    -------------
Total general and administrative.............................           (32,906)            (938)          (33,844)         (37,228)
                                                                  -------------    -------------     -------------    -------------
Operating expenses...........................................          (113,806)            (938)         (114,744)        (130,781)
                                                                  -------------    -------------     -------------    -------------
Group operating loss.........................................           (35,135)         (17,838)          (52,973)         (23,888)
Share of operating profit of joint venture...................               876               --               876              532
Joint venture goodwill amortisation..........................            (5,192)              --            (5,192)          (3,475)
                                                                  -------------    -------------     -------------    -------------
Total operating loss - continuing operations.................           (39,451)         (17,838)          (57,289)         (26,831)
(Loss)/Profit on investments.................................                --          (36,308)          (36,308)          80,236
                                                                  -------------    -------------     -------------    -------------
                                                                        (39,451)         (54,146)          (93,597)          53,405
Income from investments......................................               136               --               136               --
Interest receivable..........................................               835               --               835            1,110
Interest payable and similar charges.........................            (3,732)              --            (3,732)          (5,240)
                                                                  -------------    -------------     -------------    -------------
(Loss)/Profit on ordinary activities before tax..............           (42,212)         (54,146)          (96,358)          49,275
Tax on Profit/(loss) on ordinary activities..................              (971)              --              (971)         (24,072)
                                                                  -------------    -------------     -------------    -------------
Net (loss)/profit after tax..................................           (43,183)         (54,146)          (97,329)          25,203
                                                                  -------------    -------------     -------------    -------------
(Loss)/Earnings per share....................................           (41.7)p          (52.2)p           (93.9)p            25.9p
(Loss)/Earnings per share before goodwill....................           (26.2)p          (52.2)p           (78.4)p            39.8p
                                                                  =============    =============     =============    =============
</TABLE>


Notes:

1.  The earnings per share is based on a weighted average number of ordinary
    shares in issue of 103,647,327 (2000: 97,221,713) for the year ended 31
    March 2001.

                                      E1-5

<PAGE>
EIDOS plc
Consolidated Balance Sheet

<TABLE>
<CAPTION>

                                                       31 March                           31 March
                                                         2001                               2000
                                                     -------------                      -------------
                                                        (L)000                             (L)000
<S>                               <C>               <C>              <C>               <C>
Fixed assets
Intangible assets .............                              6,759                             16,035
Tangible assets ...............                              4,495                              6,022
Investments
 Joint ventures
   Share of gross assets ......            4,178                              4,684
   Share of gross liabilities .           (1,743)                            (2,844)
                                   -------------                      -------------
                                                             2,435                              1,840
   Joint ventures - goodwill ..                              7,078                             12,270
   Other investments and
  associated undertakings......                              2,628                             38,081
                                                     -------------                      -------------
                                                            12,141                             52,191
                                                     -------------                      -------------
Total fixed assets ............                             23,395                             74,248
                                                     =============                      =============
Current assets
Stocks ........................                              3,115                             13,286
Debtors .......................                             31,389                             77,665
Cash at bank and in hand ......                             28,355                            103,449
                                                     -------------                      -------------
                                                            62,859                            194,400
Creditors: amounts falling due
  within one year..............                            (53,319)                          (139,976)
                                                     -------------                      -------------
Net current assets ............                              9,540                             54,424
                                                     -------------                      -------------
Total assets less current
  liabilities..................                             32,935                            128,672
Creditors due after more than
  one year:....................                             (2,318)                            (2,253)
                                                     -------------                      -------------
Net assets ....................                             30,617                            126,419
                                                     =============                      =============
Capital and reserves
Called up share capital .......                              2,079                              2,071
Share premium account .........                             85,822                             85,034
Other reserves ................                                707                                707
Profit and loss account .......                            (57,991)                            38,607
                                                     -------------                      -------------
Equity shareholders' funds ....                             30,617                            126,419
                                                     =============                      =============
</TABLE>


Notes:

1.  Eidos plc is registered in England and Wales (number 2501949) and its
    registered office is Wimbledon Bridge House, 1 Hartfield Road, Wimbledon,
    London SW19 3RU.

                                      E1-6

<PAGE>
EIDOS plc
Consolidated Statements of Cash Flow
<TABLE>
<CAPTION>
                                                   Year ended       Year ended
                                                 31 March 2001     31 March 2000
                                                  -------------    -------------
                                                     (L)000           (L)000
<S>                                              <C>              <C>
Net cash(outflow)/inflow from operating
  activities.................................             1,888          (28,467)
                                                  -------------    -------------
Dividends from Joint Ventures and Associates.               136               --
                                                  -------------    -------------
Returns on investments and servicing of
  finance
Interest received............................               812            1,090
Bank interest paid...........................            (3,554)          (2,630)
Bond interest paid...........................                --             (652)
Interest paid on finance leases..............               (24)            (245)
Other interest paid..........................                (2)             (44)
                                                  -------------    -------------
                                                         (2,768)          (2,481)
                                                  -------------    -------------
Taxation
U.K. tax paid................................           (12,864)         (10,830)
Overseas tax paid............................               292           (5,965)
                                                  -------------    -------------
                                                        (12,572)         (16,795)
                                                  -------------    -------------
Capital expenditure and financial investment
Purchase of tangible fixed assets............            (1,835)          (3,602)
Sale of tangible fixed assets................             1,126               87
Purchase of other investments................                --          (36,555)
Sale of other investments....................              (122)          91,505
                                                  -------------    -------------
                                                           (831)          51,435
                                                  -------------    -------------
Acquisitions and disposals
Purchase of subsidiary undertakings..........                --          (14,327)
Purchase of joint undertakings...............                --          (17,945)
                                                  -------------    -------------
                                                             --          (32,272)
                                                  -------------    -------------
Net cash outflow before financing............           (14,147)         (28,580)
Financing
Issue of ordinary share capital..............               796            3,964
Capital element of finance lease rental
  payments...................................              (274)            (370)
                                                  -------------    -------------
                                                            522            3,594
                                                  -------------    -------------
Decrease in cash in the year.................           (13,625)         (24,986)
                                                  =============    =============
</TABLE>

Notes:

1.  Net cash inflow from operating activities is derived from operating loss
    of (L)52,973,000 (2000: loss (L)23,888,000) adjusted for loss on disposal
    of fixed assets of (L)233,000 (2000: nil), depreciation of (L)2,428,000
    (2000: (L)3,150,000), goodwill amortisation and write offs of
    (L)10,915,000 (2000: (L)10,479,000) and a decrease in working capital of
    (L)41,285,000 (2000: increase (L)18,208,000).

2.  Eidos prepares financial statements in accordance with applicable U.K.
    accounting standards (U.K. GAAP). The reconciliation to U.S. GAAP is
    available from Eidos on request.

3.  The consolidated financial information set out above does not constitute
    the company's statutory accounts for the years ended 31 March 2001 and
    2000, but is derived from those accounts. Statutory accounts for 2000 have
    been delivered to the Registrar of Companies and those for 2001 will be
    delivered following the company's annual general meeting. The auditors
    have reported on these accounts; their reports were unqualified and did
    not contain statements under section 237(2) or (3) of the Companies Act
    1985.

4.  This announcement does not constitute an offer of securities for sale in
    the United States or any other jurisdiction where to do so would be
    illegal. The securities have not been and will not be registered under the
    U.S. Securities Act of 1933 (the "Securities Act") and may not be offered
    or sold in the United States unless they are registered with the U.S.
    Securities and Exchange Commission pursuant to an exemption from the
    registration requirements of the Securities Act. There will be no public
    offer of securities in the United States.

                                      E1-7