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MIDWAY SET TO DELIVER ANOTHER FEAST OF OLD SCHOOL DELICACIES WITH MIDWAY® ARCADE TREASURES 2™

Midway Arcade Treasures 2 Brings Back More Than 20 Arcade Classics Including All-Time Favorites Such As the Original Mortal Kombat®, NARC®, Cyberball 2072™ and Arch Rivals™

CHICAGO - April 26, 2004 - Midway Games Inc. (NYSE: MWY), a leading interactive entertainment industry publisher and developer, today announced Midway Arcade Treasures 2, a compilation of classic Midway arcade games together on one disk. The sequel to the successful 2003 launch of Midway Arcade Treasures, Midway Arcade Treasures 2 is currently in development and scheduled to ship Fall 2004 for the PlayStation®2 computer entertainment system, the Xbox® video game system from Microsoft and the Nintendo GameCube™ with a suggested retail price of $19.99.

Midway Arcade Treasures 2 features hundreds of hours of classic gameplay action from all-time arcade favorites including the blood-spurting intensity of Mortal Kombat, Mortal Kombat® II and Mortal Kombat® 3, the multiplayer collaboration of Gauntlet® 2, the drug-busting adventure of NARC and the no-holds-barred street fighting action of Pit Fighter™, just to name a few.

"Midway Arcade Treasures has been so well-received that it was an easy decision to give gamers more of what they want while, at the same time, help to evolve Midway's classic arcade titles to today's next generation gaming consoles," said Steve Allison, chief marketing officer, Midway. "Midway Arcade Treasures 2 features many of the arcade era's biggest hits such as, Mortal Kombat, Primal Rage® and Cyberball 2072 that once ruled arcades across the nation."

With Midway Arcade Treasures 2, gamers will have the option of enjoying their favorite games in one-to-four-player game formats, depending on the title, and will experience a collection of classic titles that represent a fresh, new era in gaming relative to other "classic" game compilations. The bonus DVD content in the game will also feature several classic video montages of original commercials, launch trailers and making of the game videos for several of the classic arcade titles included on the disk.

Midway Arcade Treasures 2 Includes:

More than 20 classic arcade games including: A.P.B.™ %0 Arch Rivals Championship Sprint™ Cyberball 2072 Gauntlet 2 Hard Drivin'® Mortal Kombat Mortal Kombat II Mortal Kombat III NARC Pit Fighter Primal Rage Rampage World Tour Spy Hunter® 2 Steel Talons™ STUN Runner™ Timber™ Total Carnage Wizard of Wor™ Xenophobe® Xybots™

- Nonstop Action - Hundreds of hours of classic gameplay action - Multiplayer Gameplay - One-to-four player gameplay - Xbox Live - Post high scores and decide the world champion

Midway Games Inc. is a leading developer, publisher and marketer of interactive entertainment software. Midway videogames are available for play on all major videogame platforms including the PlayStation®2 computer entertainment system, Xbox, Nintendo GameCubeTM and Game Boy® Advance.

For more information about Midway Games and Midway Arcade Treasure 2, visit www.midway.com

Midway, Midway Arcade Treasures, Mortal Kombat, Spy Hunter, Rampage World Tour, Total Carnage, NARC, Arch Rivals and Xenophobe are trademarks of Midway Amusement Games, LLC. Gauntlet, Pit Fighter and Primal Rage are trademarks of Midway Games West Inc. "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries. Nintendo GameCube and Game Boy Advance are trademarks of Nintendo. ©2001 Nintendo. All other trademarks are the property of their respective companies. Midway has provided the xbox.com link soley as a convenience to you. The information on these sites has been prepared by third parties, and Midway does not monitor, endorse or accept responsibility for the content on non-Midway sites. "This press release 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 our Annual Report on Form 10-K for the year ended December 31, 2003, and in the other more recent filings made by the Company with the Securities and Exchange Commission."

About Xbox Xbox http://www.xbox.com  is the video game system from Microsoft that brings people together for the most exhilarating game and entertainment experiences. Xbox delivers an expansive collection of breakthrough games, powerful hardware and the unified Xbox Live online service. The new tagline, "it's good to play together," captures the spirit of Xbox as the social hub of the new digital entertainment lifestyle. Xbox is now available in North America, Asia, Europe and Australia.