Action Performance Companies, Inc. to Host Fourth Quarter and Fiscal Year 2004 Results Conference Call on November 16, 2004.

PHOENIX -- Action Performance Companies, Inc. (NYSE: ATN) will release financial results for the fourth quarter and fiscal year ended September 30, 2004 after the markets close on November 15, 2004. The company will host a teleconference to discuss its results and future plans and prospects the following morning, November 16. Forward looking information may be disclosed in the teleconference.

Any investor or interested individual can listen to the teleconference, which is scheduled to begin at 8:00 a.m. EST (6:00 a.m. MST) on November 16, 2004 via the Internet at www.action-performance.com. This website will host an archive of the teleconference for 30 days.

A telephone playback will be available from 10:00 a.m. EST on November 16, 2004 through 10:00 a.m. EST on November 17, 2004. The playback can be accessed by calling toll-free [phone] for international callers [phone].

About Action Performance

Action Performance Companies Inc. (NYSE: ATN) is the leader in the design, promotion, marketing and distribution of licensed motorsports merchandise. The Company's products include a broad range of motorsports-related die-cast replica collectibles, apparel, souvenirs and other memorabilia. Action Performance markets and distributes products through a variety of channels including the Action Racing Collectables network of wholesale distributors, the Racing Collectables Club of America, QVC, goracing.com, trackside at racing events, direct corporate promotions, mass retail, department stores, and specialty dealers. Additional information about Action Performance can be found at www.action-performance.com.