Action Performance Companies, Inc. Announces Analyst Meeting to Discuss Move to the NYSE On Wednesday, February 20, 2002, At 12:00 p.m. EST.

Business Editors

PHOENIX--(BUSINESS WIRE)--Feb. 19, 2002

Action Performance Companies, Inc. (Nasdaq NM:ACTN), the leader in the design, marketing, promotion, and distribution of licensed motorsports merchandise, will hold an analyst meeting at the New York Stock Exchange to discuss its move to the New York Stock Exchange (NYSE:ATN) on Wednesday, February 20, 2002 at 12:00 p.m. Eastern Time.

This meeting is being webcast by CCBN and can be accessed at Action Performance's web site at www.action-performance.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the meeting through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network such as America Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the meeting via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About Action Performance Companies, Inc.

Action Performance Companies, Inc. is the leader in the design, marketing, promotion, and distribution of licensed motorsports merchandise. Its products include a broad range of motorsports-related die-cast car replica collectibles, apparel, souvenirs, and other memorabilia.

The Company markets and distributes products through a variety of sales and distribution channels, including QVC, the Racing Collectables Club of America (RCCA), goracing.com, trackside at events, mass retail department stores, and a worldwide network of wholesale distributors and specialty dealers.