``WWE Raw 2'' Ships for Xbox; Action-Packed Sequel to Xbox Hit Allows Four Players to Vie for the Championship in New Multiplayer Season Mode.

Business & Entertainment Editors

CALABASAS HILLS, Calif.--(BUSINESS WIRE)--Sept. 15, 2003

THQ(R) Inc. (Nasdaq:THQI) and JAKKS Pacific, Inc. (Nasdaq:JAKK) today announced the release of their highly anticipated World Wrestling Entertainment(TM) (NYSE:WWE) licensed video game, "WWE(TM) Raw(TM) 2" for the Xbox(TM) video game system from Microsoft(R). "WWE Raw 2" allows players to go one-on-one with some of the biggest Superstars in the WWE. "WWE Raw 2" is available now at major retail outlets throughout North America.

"THQ prides itself on creating a unique World Wrestling Entertainment(TM) experience on each video game console and we are excited to release `WWE Raw 2' as the next installment of WWE action exclusively for Xbox," said Peter Dille, senior vice president, worldwide marketing, THQ. "With retail success in excess of $350 million in the U.S. alone, THQ continues to strengthen its position as the premiere publisher of authentic wrestling games for every console."

"`WWE Raw 2' for Xbox has enhanced graphics and gameplay, and the deepest story mode to date," said Nelo Lucich, Vice President of Interactive, JAKKS Pacific. "Now WWE gamers can use the multi-player feature in story mode. They can choose from an updated roster of more than 60 highly detailed WWE Superstars to recreate matches in eight new fully modeled arenas and a variety of new backstage areas."

About "WWE Raw 2" For Xbox

Developed by Anchor, "WWE Raw 2" features an updated roster of more than 60 WWE Superstars, including Goldberg(TM), Kurt Angle(TM), Brock Lesnar(TM), Stone Cold Steve Austin(TM), The Undertaker(R), and also an updated Create-a-Superstar mode. New features include an all-new multi-player season mode that allows up to four players to battle for the championship with their favorite WWE Superstars. In addition to the all-new season mode, "WWE Raw 2" features multiple match types, including Triple Threat(TM); Fatal 4 Way(TM); Battle Royal; Hell in a Cell(TM); King of the Ring(R); and Tables, Ladders and Chairs(TM).

About World Wrestling Entertainment, Inc.

World Wrestling Entertainment, Inc. (NYSE:WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York City, Los Angeles, Toronto and London. Additional information on the company can be found at wwe.com and corporate.wwe.com. For additional information on WrestleMania XX, to be broadcast live on pay-per-view from Madison Square Garden in New York City on March 14, 2004, go to wrestlemania.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.

About JAKKS Pacific

JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and leisure products. The product categories include: Action Figures, Arts & Crafts Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush and Dolls. The products are sold under various brand names, including Flying Colors(R), Road Champs(R), Remco(R), Child Guidance(R), Pentech(R), Trendmasters(R), Toymax(R), Funnoodle(R), Go Fly a Kite(R) and Color Workshop(R). The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment(TM) video games. For further information, visit www.jakkspacific.com.

About THQ

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

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 THQ's business based, in part, on assumptions made by its management. These statements are not guarantees of THQ's future performance or the performance "WWE Raw 2," including the respective media campaign, 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 THQ's products, including "WWE Raw 2"; 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 transition report on Form 10-KT for the period ended March 31, 2003. A copy of this filing may be obtained by contacting THQ or the SEC. The forward-looking statements contained herein speak only as of the date on which they are made, and THQ does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Trademarks: The names of all World Wrestling Entertainment televised and live programming, talent names, images, likenesses, slogans and wrestling moves and all World Wrestling Entertainment logos are trademarks, which are the exclusive property of World Wrestling Entertainment, Inc.