``WWF WrestleMania 2000'' for Nintendo 64 Exceeds 1 Million Units in Less Than Two Months At Retail; Holiday Sell-Out Back on Store Shelves Nationwide This Week.

Business/Electronic Game Editors

CALABASAS HILLS, Calif.--(BUSINESS WIRE)--Jan. 20, 2000

THQ/JAKKS Pacific, LLC, a joint venture consisting of THQ Inc. (Nasdaq/NMS:THQI) and JAKKS Pacific Inc. (Nasdaq/NMS:JAKK), today announced its World Wrestling Federation(R) (Nasdaq/NMS:WWFE) licensed video game release, &uot;WWF WrestleMania(R) 2000(tm)&uot; for Nintendo(R) 64, has exceeded the one million unit sales mark worldwide.

&uot;WWF WrestleMania 2000&uot; Game Boy Color  is also enjoying tremendous sales success in the hand held arena. Additionally, the companies announced that after an overwhelming response to its initial November 18 launch, resulting in sell-outs across the country, &uot;WWF WrestleMania 2000&uot; is back on store shelves nationwide this week.

&uot;Back in late November, we were pleased to announce a very positive initial consumer response to `WWF WrestleMania 2000',&uot; stated Alison Locke, senior vice president of sales and marketing, THQ. &uot;Less than two months later, we have already exceeded the one million unit mark worldwide and are meeting very strong demand at retail as a second shipment of product hits stores nationwide this week.&uot;

&uot;We're delighted with the ongoing success of our first joint-venture release and look forward to our second release, `WWF(R) SmackDown!(tm)' for PlayStation, in early March,&uot; said Maureen Kassel, vice president of sales and marketing, Jakks Pacific.

&uot;World Wrestling Federation along with THQ/JAKKS Pacific has once again set the standard for wrestling video games,&uot; said Jim Bell, senior vice president of licensing and merchandising for WWF. &uot;We could not be more pleased with the joint venture's first title launch.&uot;

About &uot;WWF WrestleMania 2000&uot;

&uot;WWF WrestleMania 2000&uot; for the Nintendo 64 offers enthusiasts a comprehensive list of features and WWF Superstars including The Rock(tm), The Undertaker(R) and Stone Cold Steve Austin(tm). Intricate create-a-Superstar and edit modes will give players the chance to design new characters with specific appearances and mannerisms. Several game modes including cage matches are also featured in &uot;WWF WrestleMania 2000,&uot; including the biggest Pay-Per-View events in the world and all new Superstar entrances complete with authentic Titantron(tm) clips and pyrotechnics. For more information on &uot;WWF Wrestlemania 2000,&uot; and THQ's 2000 line-up including &uot;WWF SmackDown!,&uot; visit www.thq.com.

JAKKS Pacific is a multi-brand toy company that designs, develops, produces and markets toys and related products, including (1) action figures and accessories featuring licensed characters, principally from the World Wrestling Federation(R), (2) &uot;Flying Colors(R)&uot; molded plastic activity sets, clay compound playsets and lunch boxes, (3) &uot;Road Champs(R)&uot; die-cast collectible and toy vehicles and Remco(R) toy vehicles and role-play toys and accessories, (4) &uot;Child Guidance(R)&uot; infant and preschool electronic toys, toy foam puzzle mats and blocks and activity sets and outdoor products and (5) fashion and mini dolls and related accessories.

World Wrestling Federation Entertainment, Inc. (Nasdaq/NMS:WWFE) is an integrated media and entertainment company, principally engaged in the development, production and marketing of television programming, pay-per-view programming and live events, and the licensing and sale of branded consumer products. The company also distributes news and information about its programming and products through its main Internet site, www.wwf.com.

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