THQ Reports Fiscal 2009 Fourth Quarter and Full Year Results

--Company to Expand Leadership in Fighting Category with Launch of UFC 2009 Undisputed on May 19

THQ Inc. (NASDAQ: THQI | Quote | Chart | News | PowerRating) today announced financial results for the fourth
quarter and fiscal year ended March 31, 2009.

Full Year Results

For the twelve months ended March 31, 2009, THQ reported net sales of
$830.0 million, compared with net sales of $1,030.5 million a year ago.
On a non-GAAP basis, the company reported fiscal 2009 net sales of
$812.6 million, compared with $1,061.0 million in the prior year.

For the fiscal year ended March 31, 2009, the company reported a net
loss of $431.1 million, or $6.45 per share. In the prior year, the
company reported a net loss of $35.3 million, or $0.53 per share. On a
non-GAAP basis, the company reported a fiscal 2009 net loss of $101.8
million, or $1.52 per share. In the prior year, the company reported a
non-GAAP net loss of $13.6 million, or $0.20 per share. A reconciliation
of non-GAAP to GAAP results is provided in the accompanying financial
tables.

"In light of a challenging fiscal 2009, we have substantially completed
a significant realignment of our business to position THQ for
profitability and positive cash flow in fiscal 2010," said Brian
Farrell, THQ president and CEO. "We have taken decisive actions to
achieve our cost saving objectives, eliminating $220 million in cash
expenditures while at the same time implementing a focused product
strategy. We are investing in the brands and products with the highest
potential to drive THQ's long-term profitable growth."

Fourth Quarter Results

For the fourth quarter of fiscal 2009, THQ reported net sales of $170.3
million, compared with $187.0 million for the same period a year ago. On
a non-GAAP basis, the company reported net sales of $154.3 million,
compared with $217.6 million for the same period a year ago. Sales were
driven primarily by new releases WWE(R) Legends of Wrestlemania(R) and
Warhammer(R) 40,000(TM) Dawn of War(R) II.

For the fourth quarter of fiscal 2009, the company reported a net loss
of $96.9 million, or $1.44 per share. For the same period a year ago,
THQ reported a net loss of $34.5 million, or $0.52 per share. On a
non-GAAP basis, the company reported a fiscal 2009 fourth quarter net
loss of $36.4 million, or $0.54 per share. For the same period a year
ago, the company reported a non-GAAP net loss of $24.8 million, or $0.37
per share. A reconciliation of non-GAAP to GAAP results is provided in
the accompanying financial tables.

Strategic Plan

In November 2008, the company announced a more focused product strategy
and an updated strategic plan. The company's product strategy focuses on
1) developing a select number of high quality owned intellectual
properties targeted at the core gamer, such as Saints Row(R) 2 and
the upcoming Red Faction(R): Guerrilla(TM) and Darksiders(TM); 2)
extending THQ's leadership in the fighting category with such brands as
WWE and Ultimate Fighting Championship; 3) reinvigorating the product
portfolio and improving profitability in the company's kids business; 4)
building strong mass appeal/family game franchises like de Blob(R), Drawn
to Life(R) and Big Beach Sports(TM); and 5) extending successful
brands into emerging online markets with games such as Company of
Heroes(R) Online and the company's Warhammer(R) 40,000(TM) MMORPG.
The company also announced plans to align its organization and cost
structure to support this strategy.

Business Realignment

During the fiscal fourth quarter, the company recorded approximately
$44.7 million in non-GAAP business realignment expenses, which included
cash costs of approximately $4.5 million, including severance and other
employee-related costs, and lease and other contract termination costs;
and $40.2 million in non-cash impairment charges related to the
cancellation of titles and long-lived assets associated with studio
closures. The company expects to report additional charges of up to $10
million in fiscal 2010 as certain projects are completed and facilities
are vacated. The charges will be excluded from the company's non-GAAP
results.

The company has substantially completed actions necessary to achieve its
business realignment plan to reduce planned fiscal 2010 spending by $220
million, which included headcount reductions of approximately 600
people, or 24% of its workforce.

The company continues to maintain a strong studio system with eight
internal development studios and more than 1,200 people in its product
development organization.

Fiscal 2009 Product Highlights

--
Building on its successful Saints Row franchise, THQ has shipped more
than 2.8 million units of Saints Row 2

--
THQ achieved its goal of improving product quality, as evidenced by
the 80+ Metacritic scores for all of its key original games released
in fiscal 2009

--
Warhammer 40,000: Dawn of War II debuted as the best selling PC
game across major video game markets worldwide, including the US, UK,
France, Germany, Spain and Australia (According to the NPD Group,
Inc., ELSPA/GfK Chart-Track and GfK.)

--
THQ launched a successful brand extension with WWE Legends of
Wrestlemania

--
THQ established new casual franchises de Blob and Big Beach Sports

"We delivered on our product quality promise with Saints Row 2, WWE
SmackDown vs. Raw 2009, de Blob, Warhammer 40,000 Dawn of War II and
other fiscal 2009 titles," said Farrell. "Our upcoming product pipeline
continues to emphasize our commitment to delivering high quality
entertainment for gamers. We look forward to the upcoming launch of our
first games based on the popular Ultimate Fighting Championship, and the
exciting new version of our Red Faction franchise."

Business Outlook

The company's fiscal 2010 operating plan targets profitability and
positive cash flow generation on net sales approximating those achieved
in fiscal 2009. The company expects its quarterly cash balance to
reflect typical seasonal patterns, with the fiscal 2010 year-end balance
at least $50 million higher than at the end of fiscal 2009.

Pursuant to THQ's product strategy, key new releases scheduled for
fiscal 2010 include:

Core Gamer Owned Intellectual Properties      Platforms
Darksiders(TM)                                Xbox 360(R), PLAYSTATION(R)3
Red Faction(R) Guerrilla(TM)                  Xbox 360, PLAYSTATION3, Windows PC
Fighting
UFC(R) 2009 Undisputed(TM)                    Xbox 360, PLAYSTATION3
WWE(R) SmackDown(R) vs. Raw(R) 2010           Xbox 360, PLAYSTATION3, Wii(TM), Nintendo DS(TM), PlayStation(R)2, PSP(R)
Mass Appeal/Family
MX vs. ATV(TM)                                Xbox 360, PLAYSTATION3, Nintendo DS, PSP
All Star Cheer Squad(TM) 2                    Wii
Three Titles to be Announced                  TBA
Kids
Disneya-Pixar's Up                            Xbox 360, PLAYSTATION3, Wii, Nintendo DS, PlayStation2, PSP,
                                              Windows PC
Disneya-Pixar's Cars Race-O-Rama              Xbox 360, PLAYSTATION3, Wii, Nintendo DS, PlayStation2, PSP
Marvel(R) Super Hero Squad(TM)                Wii, Nintendo DS, PlayStation2, PSP
SpongeBob Truth or Square                     Xbox 360, Wii, Nintendo DS, PSP
Online
Company of Heroes(R) Online                   Windows PC
Dragonica(TM)                                 Windows PC

Beginning in fiscal 2010, for non-GAAP purposes, the company has
determined to adopt a fixed, five-year projected tax rate for the
purposes of evaluating its operating performance, as well as to
forecast, plan and analyze future periods. Based on its current
five-year projections, the company plans to apply a 15 percent tax rate
to its fiscal 2010 non-GAAP operating results.

Previously today, THQ announced it had secured a commitment for a $35
million senior secured credit facility with Bank of America, N.A.

Non-GAAP Financial Measures

In addition to results determined in accordance with GAAP, the company
discloses certain non-GAAP financial measures that exclude the following:

--
stock-based compensation expense,

--
the impact of deferred revenue and related costs,

--
business realignment expense,

--
goodwill impairment charges,

--
other-than-temporary impairment on investments and mark-to-market on
Auction Rate Securities,

--
non-cash valuation allowance for deferred tax assets and

--
related income tax effects for each of these items.

THQ may consider whether other significant non-recurring items that
arise in the future should also be excluded in calculating the non-GAAP
financial measures its uses.

The company excludes these expenses from its non-GAAP financial measures
primarily because its management does not believe they are reflective of
the company's core business, ongoing operating results or future
outlook. THQ's management believes that the use of non-GAAP financial
measures provides meaningful supplemental information regarding its
financial condition and results of operations, and helps investors
compare actual results to its long-term operating goals as well to its
performance in prior periods. The non-GAAP financial measures included
in the earnings release have been reconciled to the comparable GAAP
results and should be considered in addition to results prepared in
accordance with GAAP, but should not be considered a substitute for, or
superior to, GAAP results.

In addition to the reasons stated above, which are generally applicable
to each of the items THQ excludes from its non-GAAP financial measures,
the company's management uses certain of the non-GAAP financial measures
for the following reasons:

Stock-Based Compensation. THQ does not consider stock-based
compensation charges when evaluating the performance of its business or
formulating its operating plans. Stock-based compensation charges are
subject to significant fluctuation outside the control of management due
to the variables used to estimate the fair value of a share-based
payment, such as THQ's stock price, interest rates and the volatility of
the company's stock price. Further, when considering the impact of
equity award grants, THQ places a greater emphasis on the use of such
grants as retention tools for long-term stockholder value creation, as
well as overall shareholder dilution, rather than the accounting charges
associated with such grants.

Deferred Revenue/Costs. Beginning in fiscal 2008, the company
began recognizing the revenue and related costs from the sale of certain
titles with significant online functionality over the estimated online
service period. Although the company defers the recognition of its net
revenue and costs with respect to these titles, there is no adverse
impact to its operating cash flow. Internally, THQ's management excludes
the impact of deferred net revenue and costs related to packaged games
when evaluating the company's operating performance, when planning,
forecasting and analyzing future periods, and when assessing the
performance of its management team. The company believes that excluding
the impact of deferred net revenue and costs is important to facilitate
comparisons to prior periods when the company did not delay the
recognition of such amounts.

Business Realignment Expense. Although THQ has incurred business
realignment expenses in the past, each charge has been a discrete,
extraordinary event based on a unique set of business objectives. The
company does not engage in business realignments on a regular basis or
in the ordinary course of business. As such, the company believes it is
appropriate to exclude these expenses from its non-GAAP financial
measures.

In the financial tables below, THQ has provided a reconciliation of the
most comparable GAAP financial measure to each of the non-GAAP financial
measures used in this press release.

Investor Conference Call

THQ will host a conference call to discuss fiscal 2009 results today at
2:00 p.m. Pacific/5:00 p.m. Eastern. Please dial 877.356.8075 domestic
or 706.902.0203 international, conference ID 95923146 to listen to the
call or visit the THQ Inc. Investor Relations Home page at http://investor.thq.com.
The online archive of the broadcast will be available approximately two
hours after the live call ends. In addition, a telephonic replay of the
conference call will be provided approximately two hours after the live
call ends through May 8, 2009, by dialing 800.642.1687 or 706.645.9291,
conference ID 95923146.

About THQ

THQ Inc. (NASDAQ: THQI | Quote | Chart | News | PowerRating) is a leading worldwide developer and publisher
of interactive entertainment software. Headquartered in Los Angeles
County, California, THQ sells product through its global network of
offices located throughout North America, Europe and Asia Pacific. More
information about THQ and its products may be found at www.thq.com
and www.thqwireless.com.
THQ, Big Beach Sports, Company of Heroes, Darksiders, de Blob, Drawn to
Life, MX vs. ATV, Red Faction: Guerrilla, Saints Row 2 and their
respective logos are trademarks and/or registered trademarks of THQ Inc.

Microsoft, Xbox, Xbox 360, Xbox Live, the Xbox logos, and the Xbox Live
logo are either registered trademarks or trademarks of Microsoft
Corporation in the U.S. and/or other countries.

"PlayStation", "PLAYSTATION" and "PS" Family logo are registered
trademarks of Sony Computer Entertainment Inc.

Wii is a trademark of Nintendo.

All other trademarks are trademarks or registered trademarks of their
respective owners.

This press release contains statements that are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements include, but are not limited to, the
company's expectations for the fiscal year ending March 31, 2010,
including statements regarding cash position, profitability and net
sales, and statements about the expected impact of the business
realignment initiatives on our future operations and financial
condition, charges that we expect to incur in connection with our
realignment, and for the company's product releases in future periods.
These forward-looking statements are based on current expectations,
estimates and projections about the business of THQ Inc. and its
subsidiaries (collectively referred to as "THQ") and are based upon
management's beliefs and certain assumptions made by management. Such
forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed or
implied by such forward-looking statements, including, but not limited
to, economic, competitive and technological factors affecting the
operations, markets, products, services and pricing of THQ, and our
ability to successfully implement our cost reduction plans. Unless
otherwise required by law, THQ disclaims any obligation to update its
view on any such risks or uncertainties or to revise or publicly release
the results of any revision to these forward-looking statements. Readers
should carefully review the risk factors and the information that could
materially affect THQ's financial results, described in other documents
that THQ files from time to time with the Securities and Exchange
Commission, including its Quarterly Reports on Form 10-Q and its Annual
Report on Form 10-K for the fiscal period ended March 31, 2008, and
particularly the discussion of risk factors that may affect results of
operations set forth therein. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as
of the date of this press release.

THQ Inc. and Subsidiaries
Unaudited Consolidated Statements of Operations
(In thousands, except per share data)
                                                                      Three Months Ended                Twelve Months Ended
                                                                      March 31,                         March 31,
                                                                      2009             2008             2009               2008
Net sales                                                             $   170,259      $   187,024      $    829,963       $    1,030,467
Costs and expenses:
Cost of sales - product costs                                         69,068           82,365           338,882            389,097
Cost of sales - software amortization and royalties                   98,589           54,621           296,688            231,800
Cost of sales - license amortization and royalties                    14,295           13,274           83,066             99,524
Cost of sales - venture partner expense                               3,960            2,815            19,707             24,056
Product development                                                   25,186           34,365           109,201            128,869
Selling and marketing                                                 20,457           39,793           162,183            175,288
General and administrative                                            17,671           17,632           76,884             69,901
Goodwill impairment                                                   668              --               118,799            --
Restructuring                                                         7,514            --               12,266             --
Total costs and expenses                                              257,408          244,865          1,217,676          1,118,535
Loss from continuing operations before interest and other income /    (87,149     )    (57,841     )    (387,713      )    (88,068        )
(expense), net, income taxes and minority interest
Interest and other income / (expense), net                            (1,519      )    2,096            483                15,433
Loss from continuing operations before income taxes and minority      (88,668     )    (55,745     )    (387,230      )    (72,635        )
interest
Income taxes                                                          8,366            (21,214     )    46,226             (35,785        )
Loss from continuing operations before minority interest              (97,034     )    (34,531     )    (433,456      )    (36,850        )
Minority Interest                                                     160              --               302                --
Loss from continuing operations                                       (96,874     )    (34,531     )    (433,154      )    (36,850        )
Gain on sale of discontinued operations, net of tax                   a"EUR            --               2,042              1,513
Net loss                                                              $   (96,874 )    $   (34,531 )    $    (431,112 )    $    (35,337   )
Loss per share - basic:
Continuing operations                                                 $   (1.44   )    $   (0.52   )    $    (6.48    )    $    (0.55     )
Discontinued operations                                                   a"EUR            --                0.03               0.02
Loss per share - basic                                                $   (1.44   )    $   (0.52   )    $    (6.45    )    $    (0.53     )
Loss per share - diluted:
Continuing operations                                                 $   (1.44   )    $   (0.52   )    $    (6.48    )    $    (0.55     )
Discontinued operations                                                   a"EUR            --                0.03               0.02
Loss per share - diluted                                              $   (1.44   )    $   (0.52   )    $    (6.45    )    $    (0.53     )
Shares used in per share calculation - basic                          67,143           66,392           66,861             66,475
Shares used in per share calculation - diluted                        67,143           66,392           66,861             66,475

THQ Inc. and Subsidiaries
Reconciliation of GAAP Net Loss to Non-GAAP Net Loss (a)
(In thousands, except per share data)
                                                                       Three Months Ended                Twelve Months Ended
                                                                       March 31,                         March 31,
                                                                           2009             2008             2009              2008
Net sales                                                              $   170,259      $   187,024      $   829,963       $   1,030,467
Changes in deferred net revenue (b)                                        (15,939 )        30,547           (17,348  )        30,547
Non-GAAP net sales                                                     $   154,320      $   217,571      $   812,615       $   1,061,014
                                                                       Three Months Ended                Twelve Months Ended
                                                                       March 31,                         March 31,
                                                                           2009             2008             2009              2008
Loss from continuing operations before interest and other income /     $   (87,149 )    $   (57,841 )    $   (387,713 )    $   (88,068   )
(expense), net, income taxes and minority interest ("operating loss")
Non-GAAP adjustments affecting operating loss:
Changes in deferred net revenue (b)                                        (15,939 )        30,547           (17,348  )        30,547
Change in deferred cost of sales (b)                                       10,780           (20,643 )        13,749            (20,643   )
Business realignment expenses                                              44,737       a"EUR                89,308        a"EUR
Goodwill impairment                                                        668          a"EUR                118,799       a"EUR
Stock-based compensation and related costs (d)                             5,069            4,950            18,599            22,671
Total non-GAAP adjustments affecting operating loss                        45,315           14,854           223,107           32,575
Non-GAAP operating loss                                                $   (41,834 )    $   (42,987 )    $   (164,606 )    $   (55,493   )
                                                                       Three Months Ended                Twelve Months Ended
                                                                       March 31,                         March 31,
                                                                           2009             2008             2009              2008
Loss from continuing operations                                        $   (96,874 )    $   (34,531 )    $   (433,154 )    $   (36,850   )
Non-GAAP adjustments:
Non-GAAP adjustments affecting operating loss                              45,315           14,854           223,107           32,575
Other than temporary impairment on investments                             1,718        a"EUR                6,279         a"EUR
Mark-to-market on trading Auction Rate Securities (c)                      (119    )    a"EUR                157           a"EUR
Deferred tax asset valuation allowance (e)                                 29,054           (5,140  )        146,075           (10,859   )
Income tax adjustments (e)                                                 (15,452 )    a"EUR                (46,293  )    a"EUR
Non-GAAP loss from continuing operations                                   (36,358 )        (24,817 )        (103,829 )        (15,134   )
Gain on sale of discontinued operations, net of tax                    a"EUR            a"EUR                2,042             1,513
Non-GAAP net loss                                                      $   (36,358 )    $   (24,817 )    $   (101,787 )    $   (13,621   )
Non-GAAP loss per share - diluted:
Non-GAAP continuing operations                                         $   (0.54   )    $   (0.37   )    $   (1.55    )    $   (0.23     )
Discontinued operations                                                a"EUR            a"EUR                0.03              0.03
Non-GAAP loss per share - diluted                                      $   (0.54   )    $   (0.37   )    $   (1.52    )    $   (0.20     )

Notes:
(a)  See explanation above regarding the Company's practice on reporting
     non-GAAP financial measures.
(b)  Prior to the fourth quarter of fiscal 2008, the Company did not
     defer net revenue or the related cost of sales. See table below for
     further detail related to income statement classifications.
(c)  Net mark-to-market impact related to an unrealized gain on a put
     option received for Auction Rate Securities (ARS) offset by the
     unrealized loss on the underlying ARS. This amount is recorded in
     "Other income (expense), net".
(d)  See table below for further detail related to income statement
     classification of stock-based compensation costs.
(e)  Income tax associated with other non-GAAP adjustments.

The following table provides further detail on the income statement
classification of certain non-GAAP adjustments that impact cost and
expenses:

                                                            Three Months Ended            Twelve Months Ended
                                                            March 31,                     March 31,
                                                            2009         2008             2009         2008
Change in deferred cost of sales:
Change in deferred product costs                            $  5,514     $   (7,482  )    $  3,477     $   (7,482  )
Change in deferred software amortization and royalties         5,266         (13,161 )       10,272        (13,161 )
Total change in deferred cost of sales                      $  10,780    $   (20,643 )    $  13,749    $   (20,643 )
Stock-based compensation and related costs:
Cost of sales - software amortization and royalties         $  1,440     $   1,408        $  5,797     $   6,799
Product development                                            1,551         1,339           3,242         4,773
Selling and marketing                                          406           571             2,432         2,654
General and administrative                                     1,672         1,632           7,128         8,445
Total stock-based compensation and related costs            $  5,069     $   4,950        $  18,599    $   22,671
Business realignment expenses:
Cost of sales - software amortization and royalties         $  33,554    $ a"EUR          $  63,314    $ a"EUR
Cost of sales - licenses                                       980       a"EUR               980       a"EUR
Product development(1)                                         1,521     a"EUR               9,368     a"EUR
Selling and marketing(1)                                       394       a"EUR               2,014     a"EUR
General and administrative(1)                                  774       a"EUR               1,366     a"EUR
Restructuring (2)                                              7,514     a"EUR               12,266    a"EUR
Total realignment expenses                                  $  44,737    $ a"EUR          $  89,308    $ a"EUR

Notes:
(1)  Business realignment expenses for the three and twelve months
     ended March 31, 2009 consist of $2.6 million and $12.7 million,
     respectively, in employee and facility related costs.
(2)  For the three months ended March 31, 2009 we incurred $1.9 million
     in lease and other contract termination costs; and $5.6 million of
     asset impairments related to closed facilities. For the twelve
     months ended March 31, 2009 we incurred $5.6 million in lease and
     other contract termination costs; and $6.6 million of asset
     impairments related to closed facilities.

THQ Inc. and Subsidiaries
Unaudited Consolidated Balance Sheets
(In thousands)
                                                                   March 31,         March 31,
                                                                   2009              2008
ASSETS
Cash, cash equivalents and short-term investments                  $    140,662      $    317,504
Accounts receivable, net of allowances                             60,444            112,843
Inventory                                                          25,785            38,240
Licenses                                                           45,025            47,182
Software development                                               137,820           155,821
Deferred income taxes                                              6,112             --
Income tax receivable                                              903               --
Prepaid expenses and other current assets                          27,441            24,487
Total current assets                                               444,192           696,077
Property and equipment, net                                        33,511            50,465
Licenses, net of current portion                                   47,875            39,597
Software development, net of current portion                       24,647            25,369
Income taxes receivable, net of current portion                    --                16,116
Deferred income taxes                                              1,982             61,710
Goodwill                                                           --                122,385
Long-term investments                                              5,025             52,599
Long-term investments, pledged                                     30,618            --
Other long-term assets, net                                        10,479            20,002
TOTAL ASSETS                                                       $    598,329      $    1,084,320
LIABILITIES, MINORITY INTEREST AND STOCKHOLDERS' EQUITY
Accounts payable                                                   $    40,088       $    61,700
Accrued and other current liabilities                              190,140           202,102
Secured credit line                                                24,360            --
Income taxes payable                                               --                6,504
Deferred income taxes                                              --                29,266
Total current liabilities                                          254,588           299,572
Other long-term liabilities                                        33,503            44,179
Total liabilities                                                  288,091           343,751
Minority Interest                                                  3,198             a"EUR
Total stockholders' equity                                         307,040           740,569
TOTAL LIABILITIES, MINORITY INTEREST AND STOCKHOLDERS' EQUITY      $    598,329      $    1,084,320

THQ Inc. and Subsidiaries
Unaudited Supplemental Financial Information
                           Three Months Ended GAAP                   Twelve Months Ended GAAP
                           March 31, 2009       March 31, 2008       March 31, 2009       March 31, 2008
Platform Revenue Mix
Consoles
Microsoft Xbox 360         $  31,157   18.3 %   $  11,872   6.3  %   $  162,895  19.6 %   $  129,483    12.6 %
Nintendo Wii                  17,092   10.0        23,240   12.4        134,334  16.2        91,431     8.9
Sony PlayStation 3            40,514   23.8        12,302   6.6         106,753  12.9        85,533     8.3
Sony PlayStation 2            9,307    5.5         33,796   18.1        92,003   11.1        252,642    24.5
Other                         --       --          527      0.3         121      --          9,766      0.9
                              98,070   57.6        81,737   43.7        496,106  59.8        568,855    55.2
Handheld
Nintendo Dual Screen          29,377   17.2        54,699   29.2        168,726  20.3        226,912    22.0
Nintendo Game Boy Advance     74       --          4,297    2.3         3,336    0.4         36,655     3.6
Sony PlayStation Portable     7,561    4.5         16,113   8.6         50,927   6.1         84,030     8.2
Wireless                      5,545    3.3         5,217    2.8         22,865   2.8         19,751     1.9
                              42,557   25.0        80,326   42.9        245,854  29.6        367,348    35.7
PC                            29,632   17.4        24,961   13.4        88,003   10.6        94,264     9.1
Total Net Sales            $  170,259  100  %   $  187,024  100  %   $  829,963  100  %   $  1,030,467  100  %
Geographic Revenue Mix
Domestic                   $  94,247   55.4 %   $  80,943   43.3 %   $  457,819  55.2 %   $  503,134    48.8 %
Foreign                       76,012   44.6        106,081  56.7        372,144  44.8        527,333    51.2
Total Net Sales            $  170,259  100  %   $  187,024  100  %   $  829,963  100  %   $  1,030,467  100  %
                           Three Months Ended Non-GAAP               Twelve Months Ended Non-GAAP
                           March 31, 2009       March 31, 2008       March 31, 2009       March 31, 2008
Platform Revenue Mix
Consoles
Microsoft Xbox 360         $  30,919   20.0 %   $  35,290   16.2 %   $  139,485  17.2 %   $  152,901    14.4 %
Nintendo Wii                  17,092   11.1        23,240   10.7        134,333  16.5        91,431     8.6
Sony PlayStation 3            22,655   14.7        12,302   5.7         117,714  14.5        85,533     8.1
Sony PlayStation 2            9,307    6.0         33,796   15.5        92,004   11.3        252,642    23.8
Other                         --       --          527      0.3         121      --          9,766      0.9
                              79,973   51.8        105,155  48.4        483,657  59.5        592,273    55.8
Handheld
Nintendo Dual Screen          29,377   19.0        54,699   25.1        168,726  20.8        226,912    21.4
Nintendo Game Boy Advance     74       0.1         4,297    2.0         3,336    0.4         36,655     3.4
Sony PlayStation Portable     7,561    4.9         16,113   7.4         50,927   6.3         84,030     7.9
Wireless                      5,545    3.6         5,217    2.4         22,865   2.8         19,751     1.9
                              42,557   27.6        80,326   36.9        245,854  30.3        367,348    34.6
PC                            31,790   20.6        32,090   14.7        83,104   10.2        101,393    9.6
Total Net Sales            $  154,320  100  %   $  217,571  100  %   $  812,615  100  %   $  1,061,014  100  %
Geographic Revenue Mix
Domestic                   $  87,415   56.6 %   $  96,811   44.5 %   $  446,375  54.9 %   $  519,002    48.9 %
Foreign                       66,905   43.4        120,760  55.5        366,240  45.1        542,012    51.1
Total Net Sales            $  154,320  100  %   $  217,571  100  %   $  812,615  100  %   $  1,061,014  100  %

Notes:
(a)  See explanation above regarding the Company's practice on reporting
     non-GAAP financial measures.
(b)  Prior to the fourth quarter of fiscal 2008, the Company did not
     defer net revenue.

SOURCE: THQ Inc.

THQ/Investor & Media Relations 
Julie MacMedan, 818/871-5125

For full details on Thq Inc (THQI) THQI. Thq Inc (THQI) has Short Term PowerRatings at TradingMarkets. Details on Thq Inc (THQI) Short Term PowerRatings is available at This Link.