Epic Games, Inc. and Midway Deliver First–Ever Compilation of Unreal and Unreal Tournament Titles

CHICAGO – October 31, 2006 – Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, today announced it has shipped Unreal® Anthology, a catalog of premium Unreal® PC titles, including critically acclaimed and top–selling titles, Unreal Tournament® and the original Unreal.

"Unreal has been one of the most popular and successful FPS franchises since its induction on PC's in the 1990's," said Steve Allison, chief marketing officer, Midway. "As such, Midway felt it was important to provide the loyal Unreal community with a first–ever compilation of some of the most–acclaimed Unreal titles for one low price."

"We are very excited that Midway is bringing Unreal Anthology to Unreal fans everywhere." said Mark Rein, vice president, Epic Games. "These are some amazing games and the collection is a fantastic value whether you're new to Unreal or just trying to update your library."

Since its debut in 1998, the Unreal franchise has sold more than seven million units worldwide. Unreal Anthology is now available for personal computers at a U.S. suggested MSRP of $29.95 and includes:

• Unreal® (including Return to Na Pali expansion pack)
• Unreal®II: The Awakening
• Unreal Tournament® (Game of the Year Edition)
• Unreal Tournament® 2004 (Editors Choice Edition & Mega Bonus Pack)

For more information on Unreal Anthology or any of Midway's other products, visit www.epicgames.com or www.midway.com.

About Midway

Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

About Epic Games

Epic Games, Inc, based in Raleigh, NC and established in 1991, is a developer of cutting–edge computer and video games. The company is best known as the creator of hit PC 3D action games Unreal and Unreal Tournament, both award–winning blockbuster hits having each sold more than one million copies. Games created with the Unreal Engine include: 2002 Console Game of the Year winner, Tom Clancy's Splinter Cell™ (on PC and console platforms) from Ubi Soft; PCGamer's 2000 Game of the Year, Deus Ex from Ion Storm/Eidos; America's Army: Operations, from the United States Army, and Harry Potter and the Sorcerer's Stone (PC) from Electronic Arts – and many others. Prior to their 3D success, Epic Games was well known for the hit shareware games Jill of the Jungle, Jazz Jackrabbit and Epic Pinball. Additional information can be obtained through Epic's Web site at www.epicgames.com.

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Unreal and Unreal Tournament are registered trademarks of Epic Games, Inc. Used under license. All other trademarks are the property of their respective owners. Midway has provided the www.epicgames.com link solely as a convenience for you. The information on this site 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" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information. The Company's actual results could differ materially from those described in the forward–looking statements as a result of a number of risks and uncertainties, including, without limitation, the performance of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the current console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1A. Risk Factors" in the Company's Annual Report on Form 10–K for the year ended December 31, 2005, and in other filings made by the Company with the Securities and Exchange Commission. Each forward–looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward–looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.

For more information contact:

Tim DaRosa
Midway – Media Relations
773–961–2445
tdarosa@midway.com

Tara Bruno
HighWater Group – PR
212–338–0077
tara@highwatergroup.com

Geoffrey Mogilner
Midway – Investor Relations
773–961–2222
gmogilner@midway.com