MIDWAY CONDUCTS NATIONWIDE TRYOUTS TO FIND NEXT MIDWAY SPORTS™ MLB™ SLUGFEST® CHEERLEADERS AND ALLOWS FANS TO BE A PART OF THE ACTION

CHICAGO – January 14, 2003 – Midway Sports, the sports brand of leading software industry publisher and developer Midway Games Inc. (NYSE: MWY), announced today the kickoff of a national search to find the next two MLB SlugFest cheerleaders. MLB SlugFest 20-04 is scheduled to launch in March of 2003 for release on the PlayStation2 computer entertainment system, the Xbox video game system from Microsoft, the Nintendo GameCube and Game Boy Advance. The MLB SlugFest franchise is the first and only aggressive-style baseball videogame franchise, delivering a proprietary blend of hardcore, lightning-fast, adrenaline-style gameplay combined with key baseball features that will please even the most diehard sports fans. 

“MLB SlugFest has not only received praise for its original and incredible gameplay, but also for being the only baseball game to include cheerleaders,” said Helene Sheeler, vice president of marketing, Midway. “We thought we would turn the excitement up a notch by allowing women from around the country tryout to be a Midway Sports Cheerleader and let the many MLB SlugFest fans vote to decide who will be the next two cheerleaders.”

The Midway Sports Cheerleader effort is multifaceted in order to allow everyone to be a part of the action:

Cheerleader Tryouts:

From January 14 through March 11, Midway Sports will be accepting tryout videos from the first 15,000  women, ages 18 to 25, interested in becoming the next Midway Sports MLB SlugFest Cheerleaders. The final two selected cheerleaders will each receive $5,000 and the opportunity to travel to and participate in exclusive Midway Sports promotional events and activities such as a photo shoot for MLB SlugFest, in-game exposure and the Midway Sports Cheerleader Calendar. For complete requirements, rules and the official entry form visit www.MidwaySports.net .

Judge Sweepstakes:

From January 14 through March 10, SlugFest fans can enter to win a trip to Spring Training in Florida to meet St. Louis Cardinals star and MLB SlugFest 20-04 cover athlete Jim Edmonds, and be an honorary judge in the selection of the five Midway Sports Cheerleader semifinalists. To enter visit www.MidwaySports.net.

Nationwide Consumer Vote:

From March 21 through April 11, the five Midway Sports Cheerleader semifinalists will have their tryout video, bio and photo posted on www.MidwaySports.net,  where fans from around the nation can cast their vote to determine who will be the next two Midway Sports MLB SlugFest Cheerleaders.

Midway Games Inc. is a leading developer, publisher and marketer of interactive entertainment software. Midway videogames are available for play on all major videogame platforms including the PlayStation^®2 computer entertainment system, the Xbox video game system from Microsoft, Nintendo GameCube and Game Boy^® Advance.

For more information about Midway Games visit www.midway.com.

MIDWAY and SLUGFEST are trademarks of Midway Amusement Games, LLC. Major League Baseball trademarks and copyrights are used with permission of Major League Baseball Properties, Inc.  You can reach Major League Baseball on the web at MLB.com. MLBPA-Official Licensee, Major League Baseball Players Association.  Visit the Players Choice on the Web at www.bigleaguers.com.  The MLBPA logo is a trademark of the Major League Baseball Players Association. 

“PlayStation” and the “PS” Family logo are registered trademarks of Sony Computer Entertainment Inc.  Xbox and Microsoft are trademarks of Microsoft Corp. in the United States and/or other countries.  Nintendo GameCube, the Nintendo GameCube logo and Game Boy Advance are trademarks of Nintendo. Ó 2001 Nintendo.  All other trademarks are the property of their respective companies.

Midway has provided the www.bigleaguers.com and MLB.com links solely as a convenience for you. The information on these sites has been prepared by third parties, and Midway does not monitor, endorse or accept responsibility for the content on non-Midway sites.

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 involve 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, technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company's current Transition Report on Form 10-K and the other filings made by the Company with the Securities and Exchange Commission.

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