PRESS RELEASE: Mortal Kombat: Deadly Alliance is announced.
SENT BY: Midway Games, Inc.
DATE: January 28, 2002.

Midway: Midway Announces Official Title for All-New Next-Generation Mortal Kombat® Videogame

Mortal Kombat: Deadly Alliance™ Takes Martial Arts Fighting and the Mortal Kombat Franchise to New Extremes


CHICAGO – January 28, 2002 – Midway Games Inc. (NYSE: MWY), a leading software industry publisher and developer announced today that the official title for the all-new, next-generation version of the popular fighting game franchise will be Mortal Kombat: Deadly Alliance™. Mortal Kombat: Deadly Alliance is currently in development and scheduled to ship fall 2002 for the Xbox™ video game system from Microsoft, Nintendo GameCube™, Game Boy® Advance and other next-generation gaming systems.

Mortal Kombat: Deadly Alliance marks the relaunch of the Mortal Kombat series with an all-new engine delivering punishing action that will reward long-time fans of the franchise as well as next-generation game lovers. The game features intense hand-to-hand and special-weapon combat, secret hidden moves and combinations with deadly body blows and fatalities.

“Mortal Kombat: Deadly Alliance is the next phase of the Mortal Kombat series that gamers have been waiting for,” said Helene Sheeler, vice president of marketing, Midway. “With all-new characters and worlds, never-before-seen features and a totally new fighting engine, Mortal Kombat: Deadly Alliance will set a precedent for all other next-generation fighting games to follow.”

One of the best-selling franchises in videogame history – with more than 19 million home games sold – the Mortal Kombat series (first iteration was released in 1992) has generated more than $1.5 billion in revenue through games, movies, music, toys and other merchandise.

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, Xbox™ video game system from Microsoft, Nintendo GameCube™ and Game Boy® Advance.

For more information about Midway Games and Mortal Kombat: Deadly Alliance visit mortalkombatdeadlyalliance.com.

# # #

MORTAL KOMBAT, DEADLY ALLIANCE and MIDWAY are trademarks of Midway Amusement Games, LLC. Xbox and Microsoft are trademarks of Microsoft Corp. in the United States and/or other countries. Nintendo GameCube and Game Boy Advance are trademarks of Nintendo. © 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 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 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 “Risk Factors'' in the Company's registration statement on Form S-3 filed with the Securities and Exchange Commission on December 11, 2001.

>> Past Press Release...