Summary of ELECTRONIC ARTS INC.

Completion of Acquisition or Disposition of Assets, Financial Statements and

Item 2.01 Completion of Acquisition or Disposition of Assets.

On July 13, 2009, Electronic Arts Inc. ("EA") completed the acquisition of its headquarters facilities in Redwood City, California pursuant to the terms of the loan financing agreements underlying the build-to-suit leases for the facilities. EA exercised its option to purchase the facilities concurrent with the maturity of those financing arrangements, which were extinguished by payment of the purchase price. The aggregate purchase price of the facilities was approximately $247 million in cash, which reflects the amount financed under the leases. The lease agreements with Key Bank National Association contained certain financial and other covenants, which are no longer applicable. The facilities comprise a total of approximately 660,000 square feet.

EA had accounted for the lease arrangements as operating leases in accordance with Statement of Financial Accounting Standard No. 13, Accounting for Leases, as amended. Beginning in July 2009, EA will record the facilities on its Consolidated Balance Sheet and except for the fair value of the land acquired, will depreciate the underlying assets acquired on a straight-line basis over their estimated useful lives. EA expects the purchase of the facilities will have a net positive financial impact on its fiscal year 2010 GAAP net income, but does not expect a significant financial impact on its non-GAAP net income.

Some statements set forth in this Form 8-K contain forward-looking statements that are subject to change. Statements including words such as "anticipate", "believe", "estimate" or "expect" and statements in the future tense are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual events or actual future results to differ materially from the expectations set forth in the forward-looking statements. Some of the factors which could cause results to differ materially from the expectations expressed in these forward-looking statements are described in EA's SEC filings (including EA's Annual Report on Form 10-K for the year ended March 31, 2009). These forward-looking statements speak only as of July 14, 2009. EA assumes no obligation and does not intend to update these forward-looking statements.

A copy of the Bills of Sale and the Grant Deeds relating to the purchase are filed as Exhibit 10.1,10.2, 10.3 and 10.4, respectively, to this Form 8-K and are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.      Description
10.1             Bill of Sale (2001 Transaction), dated as of July 13, 2009, by and
                 between SELCO Service Corporation (doing business in California as
                 "Ohio SELCO Service Corporation"), as Transferor, and Electronic
                 Arts Inc., as Transferee.

10.2             Bill of Sale (2000 Transaction), dated as of July 13, 2009, by and
                 between SELCO Service Corporation (doing business in California as
                 "Ohio SELCO Service Corporation"), as Transferor, and Electronic
                 Arts Inc., as Transferee.

10.3             Grant Deed (2001 Transaction), dated as of July 13, 2009, by SELCO
                 Service Corporation (doing business in California as "Ohio SELCO
                 Service Corporation'), as Grantor, to Electronic Arts Inc., as
                 Grantee.

10.4             Grant Deed (2000 Transaction), dated as of July 13, 2009, by SELCO
                 Service Corporation (doing business in California as "Ohio SELCO
                 Service Corporation"), as Grantor, to Electronic Arts Inc., as
                 Grantee.