Spreadsheet: 273b6b81-5121-4348-a562-319be0aee87b
Sheet: GAAP to Non-GAAP Measures 2010

 | [NAME], INC. AND SUBSIDIARIES
 | RECONCILIATION OF GAAP NET INCOME TO NON-GAAP MEASURES
 | (Amounts in millions, except earnings per share data)
 | Three Months Ended March 31, 2010 |  |  | Net Revenues | Cost of Sales - Product Costs | Cost of Sales - MMORPG | Cost of Sales - Software Royalties and Amortization | Cost of Sales - Intellectual Property Licenses | Product Development | Sales and Marketing | General and Administrative | Total Costs and Expenses
 | GAAP Measurement |  |  | 1308 | 337 | 54 | 99 | 43 | 143 | 56 | 65
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) | -594 | -133 | 0 | -37 | -14 | 0 | 0 | 0
 |  | Less:  Stock-based compensation (including purchase price accounting related adjustments) | (b) | 0 | 0 | 0 | -29 | 0 | -4 | -2 | -9
 |  | Less:  Restructuring (included in general and administrative) | (c) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3
 |  | Less:  Amortization of intangible assets | (d) | 0 | -1 | 0 | -4 | -12 | 0 | 0 | 0
 | Non-GAAP Measurement
 |  |  |  | Operating Income | Net Income | Basic Earnings per Share | Diluted Earnings per Share
 | GAAP Measurement |  |  |  | 381 | 0.3 | 0.3
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) |  | -308 | -0.24 | -0.24
 |  | Less:  Stock-based compensation (including purchase price accounting related adjustments) | (b) |  | 30 | 0.02 | 0.02
 |  | Less:  Restructuring (included in general and administrative) | (c) |  | 2 | 0 | 0
 |  | Less:  Amortization of intangible assets | (d) |  | 11 | 0.01 | 0.01
 | Non-GAAP Measurement |  |  |  |  | 0.09 | 0.09
 | Three months ended June 30, 2010 |  |  | Net Revenues | Cost of Sales - Product Costs | Cost of Sales - MMORPG | Cost of Sales - Software Royalties and Amortization | Cost of Sales - Intellectual Property Licenses | Product Development | Sales and Marketing | General and Administrative | Total Costs and Expenses
 | GAAP Measurement |  |  | 967 | 235 | 53 | 51 | 29 | 100 | 125 | 74
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) | -284 | -68 | 0 | 13 | -2 | 0 | 0 | 0 | -57
 |  | Less:  Stock-based compensation (including purchase price accounting related adjustments) | (b) | 0 | 0 | 0 | -12 | 0 | 6 | -2 | -9 | -17
 |  | Less:  Restructuring (included in general and administrative) | (c) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -1
 |  | Less:  Amortization of intangible assets | (d) | 0 | -1 | 0 | 0 | -9 | 0 | 0 | 0 | -10
 | Non-GAAP Measurement |  |  | 683 | 166 | 53 | 52 | 18 | 106 | 123 | 64 | 582
 | Three months ended June 30, 2010 |  |  | Operating Income | Net Income | Basic Earnings per Share | Diluted Earnings per Share
 | GAAP Measurement |  |  | 300 | 219 | 0.1763522209991116 | 0.174141403426144
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) | -227 | -165 | -0.13296949690625 | -0.1313157057378689
 |  | Less:  Stock-based compensation (including purchase price accounting related adjustments) | (b) | 17 | 12 | 0.009709487035933724 | 0.009588726528575717
 |  | Less:  Restructuring (included in general and administrative) | (c) | 1 | 0 | 0 | 0
 |  | Less:  Amortization of intangible assets | (d) | 10 | 6 | 0.004829385020194545 | 0.004769320159599182
 | Non-GAAP Measurement |  |  | 101 | 72 | 0.0581844693648243 | 0.05746080744377237
 | Three Months Ended September 30, 2010 |  |  | Net Revenues | Cost of Sales - Product Costs | Cost of Sales - MMORPG | Cost of Sales - Software Royalties and Amortization | Cost of Sales - Intellectual Property Licenses | Product Development | Sales and Marketing | General and Administrative | Total Costs and Expenses
 | GAAP Measurement |  |  | 745 | 194 | 61 | 61 | 33 | 119 | 111 | 111 | 690
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) | 112 | 3 | 0 | 8 | 4 | 0 | 0 | 0 | 15
 |  | Less:  Stock-based compensation | (b) | 0 | 0 | 0 | -11 | 0 | -6 | -2 | -15 | -34
 |  | Less:  Amortization of intangible assets and purchase price accounting related adjustments | (e) | 0 | -1 | 0 | -5 | -12 | 0 | 0 | 0 | -18
 | Non-GAAP Measurement |  |  | 857 | 196 | 61 | 53 | 25 | 113 | 109 | 96 | 653
 | Three Months Ended September 30, 2010 |  |  | Operating Income | Net Income | Basic Earnings per Share | Diluted Earnings per Share
 | GAAP Measurement |  |  | 55 | 51 | 0.04164214144460122 | 0.04113643894231048
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) | 97 | 81 | 0.07 | 0.07
 |  | Less:  Stock-based compensation | (b) | 34 | 21 | 0.02 | 0.02
 |  | Less:  Amortization of intangible assets and purchase price accounting related adjustments | (e) | 18 | -5 | 0 | 0
 | Non-GAAP Measurement |  |  | 204 | 148 | 0.12 | 0.12
 | Three Months Ended December 31, 2010 |  |  | Net Revenues | Cost of Sales - Product Costs | Cost of Sales - MMORPG | Cost of Sales - Software Royalties and Amortization | Cost of Sales - Intellectual Property Licenses | Product Development | Sales and Marketing | General and Administrative | Impairment of Intangible Assets | Total Costs and Expenses
 | GAAP Measurement |  |  | 1427 | 585 | 73 | 128 | 92 | 275 | 226 | 119 | 326
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) | 1121 | 200 | 0 | 45 | 17 | 0 | 0 | 0 | 0
 |  | Less:  Stock-based compensation | (b) | 0 | 0 | 0 |  | 0 | -8 | -2 | -13 | 0
 |  | Less:  Restructuring (included in general and administrative) | (c) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0
 |  | Less:  Amortization of intangible assets and purchase price accounting related adjustments | (e) | 0 | -2 | 0 | -6 | -69 | 0 | 0 | 0 | 0
 |  | Less:  Impairment of intangible assets | (f) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -326
 | Non-GAAP Measurement
 |  |  |  | Operating Income (Loss) | Net Income (Loss) | Basic Earnings (Loss) per Share | Diluted Earnings (Loss) per Share
 | GAAP Measurement |  |  |  | -233 | -0.2 | -0.2
 |  | Less:  Net effect from deferral in net revenues and related cost of sales | (a) |  | 628 | 0.52 | 0.51
 |  | Less:  Stock-based compensation | (b) |  | 24 | 0.02 | 0.02
 |  | Less:  Restructuring (included in general and administrative) | (c) |  | 0 | 0 | 0
 |  | Less:  Amortization of intangible assets and purchase price accounting related adjustments | (e) |  | 38 | 0.03 | 0.03
 |  | Less:  Impairment of intangible assets | (f) |  | 198 | 0.16 | 0.16
 | Non-GAAP Measurement |  |  |  |  | 0.54 | 0.53
 |  | (a) Reflects the net change in deferred net revenues and related cost of sales.
 |  | (b) Includes expense related to stock-based compensation.
 |  | (c) Reflects restructuring related to the Business Combination with Vivendi Games.  Restructuring activities include severance costs, facility exit costs and balance sheet write down and exit costs from the cancellation of projects.
 |  | (d) Reflects amortization of intangible assets.
 |  | (e) Reflects amortization of intangible assets, and the change in the fair value of assets and liabilities from purchase price accounting related adjustments.
 |  | (f) Reflects impairment of intangible assets acquired as a result of purchase price accounting.
 |  | The per share adjustments are presented as calculated, and the GAAP and non-GAAP earnings per share information is also presented as calculated. The sum of these measures, as presented, may differ due to the impact of rounding.