LOS ANGELES - May 17, 2001 (E3 Booth # 600, South Hall) - Midway Games Inc. (NYSE: MWY), a leading software industry publisher and developer, announced today that a remake of the arcade classic Defender® is in development for the PlayStation®2 computer entertainment system. Defender is scheduled to ship in 2002.

Prepare for an out-of-this-world flying experience with Defender, the ultimate action-and-strategy videogame. The Defender player's task of protecting the human race from an alien invasion has never been more challenging, as players man the controls of a powerful and impressive new Defender ship. As a Defender pilot, players must carry out a wide array of dangerous missions in an ongoing battle to protect the human race and the entire solar system from alien annihilation.

"Defender takes the classic idea of defending humans against alien attacks, and totally remakes the game to allow for a next-generation gameplay experience," said Helene Sheeler, vice president of marketing, Midway. "The new 3D version of this timeless classic will offer players an incredible mix of action and strategy, non-stop gameplay and crisp visuals."

Midway Games Inc. is a leading developer, publisher and marketer of interactive software. Midway games are available for play on all major home game platforms, including the PlayStation®2 computer entertainment system and PlayStation® game console, Nintendo® 64 and Game Boy® Color, and Sega Dreamcast™.

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DEFENDER and MIDWAY are registered trademarks of Midway Amusement Games, LLC. Being developed by 7 Studios. "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. All other trademarks are the property of their respective companies.

This press release contains certain 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 certain risks and uncertainties, including, without limitation, the financial strength of the amusement games 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 "Business - Risk Factors'' in the Company's Annual Report on Form 10-K and the other filings made by the Company with the Securities and Exchange Commission.

© 2001 Midway Home Entertainment Inc.

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