New 169 Price Point Set for European PSP

April 23, 2007

New ç169 Price Point Set for European PSP

Five new Platinum titles announced at new
price point of ç19.99

Sony Computer Entertainment Europe (SCEE) today
announced that PSP would enjoy a new, lower price point across the SCEE
territories of ç169.99 (or local currency equivalent), with the new price
effective from the end of April 2007 and rolling out to all territories by the
end of May 2007.

In addition to the new price of PSP, five new
Platinum titles will be launched concurrently with a new, lower price for all
PSP Platinum titles of ç19.99. The new Platinum titles are: Ridge Racer 2,
Tekken, Killzone, Loco Roco, and Moto GP.

“The combined effect of the two price reductions
will unleash PSP, making it a ‘must have’ portable system for all entertainment
enthusiasts, and allowing them to enjoy the breadth and depth of entertainment
opportunities available from PSP,” explained Stephane Hareau, PSP Marketing
Manager SCEE. “PSP is unique and is constantly evolving. It offers the widest
palette of mobile entertainment, from gaming to video, music, photos and
internet – and now the unique possibility to connect to PLAYSTATION®3 remotely.
With this new price point, and the launch of five new Platinum titles, PSP is
more than ever, the handheld entertainment system of choice for the discerning
gamer”.

About the New Platinum Titles

Ridge Racer 2
Ridge Racer™ is back with an adrenaline fuelled racing experience featuring many
new courses and vehicles. Put your foot down, kick in the nitrous and roar
through 42 intense, challenging courses in one of the 62 high-speed vehicles
available, including eight brand new cars. Master the drift handling and take
corners at exhilarating speeds to leave opponents trailing in your wake. Ridge
Racer includes new Arcade, Duel and Survival modes in addition to the original
Time Attack mode and rearranged World Tours mode, as well as a competitive Ad
Hoc Mode for up to eight players.

Loco Roco™
Exclusive to PSP™, Loco Roco is a classic in the making with a fun graphic style
and easy to learn addictive gameplay. Using the simple tilting controls to get
your LocoRoco moving, you can eat, grow, roll and bounce your way through
fantastical environments. LocoRoco features 40 colourful levels, quirky Wireless
options, plus two free mini-games to share with friends! Pass it on!

Killzone™ Liberation
The war against the Helghast continues exclusively on PSP. As Captain Jan
Templar embark on a dangerous covert operation behind enemy lines in order to
rescue captured hostages and to defeat Helghast General Metrac evil plans for
domination. Developed firmly with the PSP in mind and featuring an all-new
intelligent camera system, Killzone: Liberation throws you into the heat of
battle with an explosive range of weapons and vehicles at your disposal to
complete your objectives. PSP exclusive features include 6 player wireless
ad-hoc mode, 2 player Ad Hoc campaign mode and gamesharing functionality.

MotoGP
Race against the best riders on the circuit in MotoGP, the official game of the
MotoGP World Championship, available on PSP™. Players can choose from a variety
of gameplay modes, including Season Mode for extended play, Arcade Mode for
short bursts of action, plus challenges and time trails. The Ad Hoc gamepley
allows up to eight friends to compete against one another, bringing the thrill
of MotoGP competition to life on PSP.

Tekken™: Dark Resurrection
The most explosive fighting game ever comes to PSP™, with new characters, new
features and new moves! Players can acquire “Fight Money” and use it to
customise their characters with a wide variety of available items – more than
twice as many as in Tekken™5. In addition, the PSP Infrastructure Mode allows
players to go online to check their world ranking or download unique “Ghosts”
based on other players’ fighting styles!