ADVISORY/Five Finalists to Be Selected in Midway Sports National Search for Next MLB Slugfest Cheerleaders.

Sports Editors

ADVISORY...for Wed. (March 19)

--(BUSINESS WIRE)

Jim Edmonds of the St. Louis Cardinals(R) Helps Select

Finalists for Hit Baseball Videogame Franchise

    WHAT:

    --  Come watch as a panel of judges - including Jim Edmonds of the
        St. Louis Cardinals(R) -- select five finalists in the search
        for the next two Midway Sports(TM) MLB(TM) SlugFest(R) 20-05
        cheerleaders.

    --  Narrowed down from an initial group of submissions, the
        national cheerleader search provides the five final selected
        women a chance to receive $5,000, a modeling contract and the
        opportunity to travel and participate in exclusive Midway
        Sports promotional events such as a photo shoot for the
        baseball videogame MLB SlugFest 20-05.

    --  MLB SlugFest 20-04 is the exclusive aggressive-style baseball
        videogame experience, delivering its proprietary blend of
        diehard, lightning-fast, adrenaline-style gameplay combined
        with key baseball features that will please even the most
        die-hard sports fan. MLB SlugFest is the only baseball
        videogame to offer cheerleaders and was the best-selling
        PlayStation(R)2 computer entertainment system baseball
        videogame in 2002 (NPD Funworld, July - Dec. 2002).

    WHO:

    --  MLB SlugFest cover athlete Jim Edmonds of the St. Louis
        Cardinals and a representative from Famous Faces Talent &
        Model Agency will help select the top five finalists. Midway
        has also conducted a sweepstakes and given Matt Johnson of
        Tucson, Arizona the chance to travel to Florida to meet Jim
        Edmonds and sit on the panel to help select the top five
        cheerleader finalists.

    WHEN:

    -- Wednesday, March 19, 2003, at 7:00 p.m.

    WHERE:

    --  Gatsby's Palm Beach
        901 Village Blvd
        West Palm Beach, FL 33409
        561-686-7300

    VISUAL DETAILS:

    --  Cover athlete Jim Edmonds, Golden Glove winner and outfielder
        for the St. Louis Cardinals

    --  Videotaped tryout performances by the women competing to be
        the next MLB SlugFest cheerleaders

    --  The current Midway Sports cheerleaders

    --  Judges' "reactions" featuring Famous Faces Talent & Model
        Agency and contestant sweepstakes winner Matt Johnson of
        Tucson, Arizona

    --  Intense gameplay footage of aggressive-style, lightning-fast,
        adrenaline-style baseball in the new MLB SlugFest 20-04

    --  MLB SlugFest "behind-the-scenes" DVD content including Jim
        Edmonds highlight footage: "A Day in the Life with Jim
        Edmonds"

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This alert 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 interactive entertainment 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 "Item 1. Business - Risk Factors" in the Company's current Transition Report on Form 10-K and the other filings made by the Company with the Securities and Exchange Commission.