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KONAMI REVEALS THREE NEW TITLES IN BLOCKBUSTER YU-GI-OH!™ SERIES

Yu-Gi-Oh!™ Debuts in Fall 2003 on Nintendo GameCube™, PC CD-ROM And in First-Ever RPG for Nintendo GameBoy® Advance™

Electronic Entertainment Expo Booth #900– May 14, 2003 – Los Angeles, CA – Konami of America, Inc., a subsidiary of Konami Corporation (NYSE: KNM) announced today that the internationally acclaimed franchise Yu-Gi-Oh!™ will appear on Nintendo GameCube™ and PC CD-ROM in Fall 2003 for the first time ever. The company also announced that Fall 2003 will see the release of the first Yu-Gi-Oh!™ role-playing game for Nintendo GameBoy® Advance™. Yu-Gi-Oh!™ is already an enormous videogame phenomenon with over 4.5 million units shipped in North America to date. Featuring new genres, next-generation graphics and a deeper level of strategic gameplay than ever before, the blockbuster series continues with three all-new games on three different platforms.

The first game slated for the Fall is Yu-Gi-Oh!™ The Falsebound Kingdom™ for Nintendo GameCube™. A real-time strategy game at heart, Falsebound Kingdom follows the adventures of Yugi and his friends from the Yu-Gi-Oh!™ animated TV show as they strive to escape from the sinister virtual world in which they have been trapped. Fans of the series will now be able to set their favorite TV characters against one another in exciting 3-on-3 monster team battles for heated duels that unfold on a colorful 3D battlefield. Vying for control of the map, players will form a team of three monsters and delegate commands to the team in real time. As the fighting heats up, players can unleash awesome special moves and visually stunning combo attacks.

This Fall is the world premiere of Yu-Gi-Oh!™ on PC CD-ROM with Yu-Gi-Oh!™ Power of Chaos™, the first game in which players are able to step into the TRADING CARD GAME on their home computer. The complete TRADING CARD GAME experience is represented, from the intense card battling to the detailed card graphics and accurate dueling field layout. To hone their skills to perfection, players can now test their dueling ability against the series hero, Yugi. An essential learning tool for players new to the game, the software features a tutorial mode that explains the complete card game rules and comes with three exclusive trading game cards.

Also in Fall 2003, Yu-Gi-Oh!™ fans will be treated to all-new Yu-Gi-Oh!™ experience for GameBoy® Advance – this time in the form of an exciting card battling role-playing game. Yu-Gi-Oh!™ The Sacred Cards returns players to Battle City (previously featured in Yu-Gi-Oh!™ Worldwide Edition: Stairway to the Destined Duel) as they seek top billing in a trading card tournament that leads to a battle for the ultra-powerful Egyptian God Cards. Players will need to gain experience points to level up the characters as they seek out these highly coveted cards. This all-new original saga features over 100 duelists, 900 cards, incorporates story elements from the Yu-Gi-Oh!™ animated TV series and comes packed with three exclusive trading game cards.

All three titles are not yet rated by the ESRB. 

About Yu-Gi-Oh!™

Konami has shipped over 4.5 million units of Yu-Gi-Oh!™ videogames in North America since the series' debut in March 2002. Konami has released seven Yu-Gi-Oh!™ videogames that have each consistently ranked in the Top 10 of their respective sales charts according to industry analyst NPD TRST; Yu-Gi-Oh!™ Forbidden Memories for Sony PlayStation®, Yu-Gi-Oh!™ Forbidden Memories Premium Edition for Sony PlayStation®, Yu-Gi-Oh!™ Dark Duel Stories for Nintendo Game Boy® Color™, Yu-Gi-Oh! The Eternal Duelist Soul for Nintendo Game Boy® Advance™, Yu-Gi-Oh!™ Dungeon Dice Monsters for Nintendo Game Boy® Adavnce™, Yu-Gi-Oh!™ Worldwide Edition: Stairway to the Destined Duel for Nintendo Game Boy® Adavnce™, and Yu-Gi-Oh!™ The Duelists of the Roses for Sony PlayStation® 2. The games are recognized for the deeply strategic and challenging gameplay based on the mega-popular Yu-Gi-Oh! universe.

The Yu-Gi-Oh! franchise is based on the "Yu-Gi-Oh!" comic series from artist Kazuki Takahashi that first appeared in Japan in 1996. The comic spawned a hit cartoon TV show, a top-selling collectible card game, several videogames and other licensed merchandise. Yu-Gi-Oh! follows the adventures of Yugi, a young boy who possesses the "Millennium Puzzle" that allows him to transform into the "Game King" whenever he is challenged.

4Kids Entertainment Inc. manages the merchandising and television rights to Yu-Gi-Oh! in the United States. The animated series, Yu-Gi-Oh! King of Games is broadcast 11-times per week on Kids WB.

About 4Kids Entertainment, Inc.

Headquartered in New York City with international offices in London, 4Kids Entertainment, Inc. (NYSE: KDE) is a global provider of children's entertainment and merchandise licensing. 4Kids, through its wholly owned subsidiaries, provides domestic and international merchandise licensing and product development, television, film, music and home video production and distribution, media buying and planning and website development. For further information, please visit the company's Web site at www.4kidsEnt.com .

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 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 .