METAL GEAR SOLID® EXPLODES ONTO NINTENDO GAMECUBE

Konami and Nintendo Collaborate to Deliver Blockbuster Action Title to Nintendo GameCube 

REDWOOD CITY, CA., May 1, 2003 - Continuing to broaden the Nintendo GameCube(tm) library, Konami and Nintendo today announced Konami will publish a new Metal Gear® adventure exclusive for Nintendo GameCube. Metal Gear Solid The Twin Snakes(tm) combines the thrilling story of the original Metal Gear Solid® game with the jaw-dropping graphics and unparalleled gameplay found in Metal Gear Solid® 2: Sons of Liberty(tm). The game is scheduled to ship later this year in North America and Europe, followed by the Japanese launch in early 2004.

Bringing heart-pounding espionage action home to gamers, Metal Gear Solid® is one of the most highly-regarded action series ever created. Metal Gear Solid The Twin Snakes(tm) for Nintendo GameCube will combine stunning next generation graphics and gameplay, an epic storyline and unmatched content designed specifically for mature gamers.

Under the guidance of Konami's Hideo Kojima and Nintendo's Shigeru Miyamoto, Nintendo's exclusive second-party developer, Silicon Knights, is working with Konami to develop the game.  Silicon Knights previously developed last year's award-winning Eternal Darkness: Sanity's Requiem(tm) for Nintendo GameCube.

"I am tremendously excited to introduce a unique Metal Gear Solid® experience to a new audience of gamers as well as collaborate with my mentor in game design, Mr. Miyamoto, on Metal Gear Solid The Twin Snakes(tm) for Nintendo GameCube," says Hideo Kojima, vice president, Konami Computer Entertainment Japan, Inc. 

"Mr. Kojima and I have spoken about this project for some time, and I'm excited our ideas have matched so perfectly," adds Shigeru Miyamoto, senior managing director of Entertainment Analysis and Development Division, Nintendo Co., Ltd.  "It's this shared passion for game creation that has allowed us to collaborate to bring a special Metal Gear® project exclusively for Nintendo GameCube."

Metal Gear Solid The Twin Snakes(tm) will be featured at this year's Electronic Entertainment Expo (E3) on May 14 - 16 in the South Hall at Konami Booth 900 and in the West Hall at Nintendo Booth 2816.

About KONAMI CORPORATION

Konami Corporation is a leading developer, publisher and manufacturer of electronic entertainment properties, specializing in the home video game market. Konami Corporation's action and adventure titles include the popular franchises Metal Gear Solid, Silent Hill and Castlevania, among other top sellers. The latest information about Konami can be found on the Web at www.konami.com. Konami Corporation is a publicly traded company based in Tokyo, Japan with subsidiary offices, Konami of America, Inc. in the US and Konami of Europe GmbH in Frankfurt, Germany. Konami Corporation, the parent company of Konami of America, Inc. is traded in the United States on the New York Stock Exchange under the ticker symbol KNM. Details of the products distributed by Konami of America, Inc. can be found at www.konami.com/usa.

About NINTENDO

As the worldwide leader and innovator in the creation of interactive entertainment, Nintendo Co., Ltd., of Kyoto, Japan, manufactures and markets hardware and software for its popular home video game systems. The systems include Game Boy®, Nintendo® 64, Game Boy Advance and Nintendo GameCube(tm). Since the release of its first home video game system in 1983, Nintendo has sold more than 1.6 billion video games worldwide, creating enduring industry icons such as Mario(tm) and Donkey Kong® and launching such franchises as Zelda(tm) and Pokémon®. As a wholly owned subsidiary, Nintendo of America Inc., based in Redmond, Wash., serves as headquarters for Nintendo's operations in the Western Hemisphere.

For more information about Nintendo, Nintendo GameCube or any other Nintendo product visit the company's Web sites, www.nintendo.com or www.nintendogamecube.com.

METAL GEAR®, METAL GEAR SOLID®, SONS OF LIBERTY(tm) and METAL GEAR SOLID THE TWIN SNAKES(tm) are either registered trademarks or trademarks of KONAMI COMPUTER ENTERTAINMENT JAPAN, INC.  © 1987 2003 KONAMI COMPUTER ENTERTAINMENT JAPAN.  KONAMI® is a registered trademark of KONAMI CORPORATION. ALL RIGHTS RESERVED.