News

WWF WITH AUTHORITY! NOW ON RETAIL SHELVES WITH EXCLUSIVE WILLIAM REGAL PLAYBOOK

For a Limited Time Players Can Enter to Win an Autographed Superstar Belt

CALABASAS HILLS, Calif. - August 22, 2001 - THQ Inc. (NASDAQ NMS: THQI) and JAKKS Pacific, Inc. (NASDAQ NMS: JAKK) today announced that WWF With Authority!™ is available at major retail outlets nationwide. The retail version of the World Wrestling Federation branded Internet strategy game contains an exclusive bonus feature, the William Regal Playbook, for added gameplay excitement.

For the next two months, players who visit www.withauthority.com or www.wwf.com can download WWF With Authority! and register to win an autographed World Wrestling Federation Superstar belt. The download is free and no purchase is necessary to enter the contest. Four authentic replica championship belts will be awarded in all, including the European Championship belt signed by Test, the Hardcore Champion’s belt signed by The Big Show, and two World Wrestling Federation Heavyweight Championship belts signed by The Undertaker and Kurt Angle, respectively. For official rules, please visit the web site for details.

Previously only available through a download at www.wwf.com and www.withauthority.com, WWF With Authority! includes the original collectible strategy game that enables players to enjoy head-to-head matches with World Wrestling Federation fans around the world. Also included with the retail version of the game is an exclusive William Regal Playbook. The playbook contains signature moves performed by the World Wrestling Federation’s haughty commissioner and two-time European Champion.

Developed by Genetic Anomalies, THQ’s Internet entertainment studio, the WWF With Authority! online version was released February 2001. This collectible strategy game allows players to create and manage custom Superstar playbooks filled with offensive, defensive and finishing moves, join stables and create new federations.

About the World Wrestling Federation
World Wrestling Federation Entertainment, Inc. (NYSE: WWF) is an integrated media and entertainment company headquartered in Stamford, Connecticut, with sales offices in New York City, Chicago and Toronto. The company can be found online at wwf.com and wwfecorpbiz.com.

About JAKKS Pacific
JAKKS Pacific is a multi-brand toy company that designs, develops, produces and markets toys and related products under various brand names (including Flying Colors®, Road Champs®, Remco®, Child Guidance®, Color Club®, and Pentech®) in multiple product categories, including: Wheels; Action Figures; Crafts/Activities/Stationery; Infant/Pre-School; Writing Instruments; Plush; and Dolls. The Company also participates in a joint venture with THQ that has exclusive worldwide rights to publish and market World Wrestling Federation® video games. For more information, visit www.jakkspacific.com or www.jakkswwf.com.

About THQ
THQ Inc. develops, publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms including PC CD-ROM, wireless devices, and those manufactured by Sony, Nintendo and Microsoft. The THQ web site is located at www.thq.com.

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This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors including, but not limited to, those described above and the following: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing and difficulties encountered in the integration of acquired businesses. In addition, such statements could be affected by growth rates and market conditions relating to the interactive software industry and general domestic and international economic conditions. Specific information concerning these and other such factors is contained in the Company's most recent report on current Form 8-K, filed with the Securities Exchange Commission on November 13, 2000. A copy of this filing may be obtained by contacting the Company or the SEC. The forward-looking statements contained herein speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.



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WWF With Authority! (PC)