Action Performance Companies, Inc. to Announce Fiscal 2001 Fourth-Quarter and Year-End Results On Nov. 7, 2001.

Business Editors and Sports Writers

PHOENIX--(BUSINESS WIRE)--Nov. 2, 2001

Action Performance Companies, Inc. (Nasdaq:ACTN) will release financial results for the fourth quarter and 12 months ended Sept. 30, 2001, after the close of the market on Wednesday, Nov. 7, 2001.

On Thursday, Nov. 8 at 7 a.m. PST (10 a.m. EST), the company's management will conduct a teleconference to discuss these recent financial results, as well as to provide investors with an update on Action Performance's business outlook and prospects for fiscal 2002.

Any investor or interested individual can listen to the teleconference live via the Internet at www.action-performance.com. This Web site will host an archive of the teleconference for 30 days. Additionally, a telephone replay of the teleconference will be available from 9 a.m. PST on Thursday, Nov. 8 through 5 p.m. PST on Friday, Nov. 9. The playback can be accessed by calling 800/947-6512, or for international callers 402/220-4086.

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 products, including collectible die-cast racecar replicas, die-cast for the mass market, apparel, souvenirs, and other memorabilia. The company markets and distributes products through a variety of sales and distribution channels, including the Racing Collectables Club of America (RCCA), trackside at racing events, mass retail stores, and a worldwide network of wholesale distributors and specialty dealers.