Mortal Kombat: Deception Awarded ``Fighting Game of the Year'' by th

Mortal Kombat: Deception Awarded ``Fighting Game of the Year'' by the Academy of Interactive Arts & Science

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    CHICAGO--(BUSINESS WIRE)--Feb. 3, 2005--

Midway Recognized for Gaming Excellence by Industry Experts
    Midway Games Inc. (NYSE:MWY), a leading interactive entertainment software publisher and developer, announced today that Mortal Kombat(R): Deception(TM) received the "Fighting Game of the Year" award at the 8th Annual Interactive Achievements Awards held February 1st, 2005, at the Green Valley Ranch Resort in Las Vegas, Nevada. Developed by Midway's Chicago studio, Mortal Kombat: Deception beat out such notable nominees as Def Jam: Fight for New York (Electronic Arts) and Dragonball Z: Budokai 2 (Atari).
    The winners were selected by a panel of creative and technical Academy of Interactive Arts & Science (AIAS) members who represent major video game companies in such varied fields as art and graphics, animation, acting, interactive design, production, software engineering, sound design and music, testing and quality assurance, video and special effects, editorial and storyline writing, as well as the business segment of the industry.
    "Midway is honored to receive this particular award because of the incredible pedigree represented by the Academy's voting board," said Steve Allison, chief marketing officer, Midway. "The voting members are the same men and women who work diligently to create these best-selling games and we are thrilled to receive such accolades from our peers."
    Released in October 2004, Mortal Kombat: Deception has shipped more than one million units and is one of the fastest selling games in Midway company history. Mortal Kombat: Deception is available for the PlayStation(R)2 computer entertainment system and the Xbox(R) video game system from Microsoft, and is expected to release for the Nintendo GameCube(TM) on February 28, 2005.

    About Midway Games Inc.

    Headquartered in Chicago, IL with offices in San Diego, CA, Seattle, WA, Austin, TX, Los Angeles, CA, Munich, Germany and London, UK, Midway Games Inc. (NYSE:MWY) is a leading developer and publisher of interactive entertainment software for all major video game systems. More information about Midway can be obtained at www.midway.com.

    MORTAL KOMBAT, MORTAL KOMBAT: DECEPTION and MIDWAY are trademarks of Midway Amusement Games, LLC. "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries. Nintendo GameCube and Game Boy Advance are trademarks of Nintendo. (C)2001 Nintendo. All other trademarks are the property of their respective companies.

    This press release contains forward-looking statements concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the upcoming console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2003, and in the more recent filings made by the Company with the Securities and Exchange Commission.

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CONTACT: Midway Tim DaRosa, 773-961-2445 tdarosa@midwaygames.com or HighWater Group PR Chris Kooluris, 212-338-0077 chris@highwatergroup.com

KEYWORD: NEVADA ILLINOIS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS CONSUMER/HOUSEHOLD ELECTRONIC GAMES/MULTIMEDIA RETAIL SOFTWARE PRODUCT PHOTO PHOTOWIRE SOURCE: Midway Games Inc. PHOTO: 38710

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