KONAMI’S NEW MINI RACING GAME SET TO BURN UP THE PSP® SYSTEM THIS FALL

Pocket Racers Puts A New Spin On The Racing Game Genre

REDWOOD CITY, Calif. – August 23, 2006 – Konami Digital Entertainment, Inc., announced today that Pocket Racers, the dark yet zany new racing game for the PSP® (PlayStation®Portable) system, will be available this fall. A unique twist on handheld racing games, Pocket Racers redefines the term “road rage” by offering players the chance to drive for their soul against an evil Nemesis in detailed racing environments, either solo or with friends.

In Konami’s Pocket Racers, an evil Nemesis has crashed a party by summoning dark sorcery and turning all the guests into tiny cars – and placing them in an ongoing race for their souls. In every corner and cranny of a giant house, players will find more than a dozen different race tracks with breathtaking jumps, drops, obstacles, twists and turns as they race to victory or meet certain doom. Race around hallways, navigate kitchen counters, weave between chair legs and dodge party debris in 15 unique indoor environments. Pocket Racers provides an extensive array of 16 colorful vehicles – from flashy rear-wheel drive sports cars to rough and tough four-wheel drive off-roaders. In addition, players will find a variety of sinister Power Ups from nitro boosts to homing missiles to give them an edge against opponents.

With an extensive solo play option, Pocket Racers boasts never ending fun with intense time trials, a skill-honing practice mode, death defying soul races and even a head-to-head race against the Nemesis himself. With the PSP system’s wireless option, up to four players can enter into the multiplayer mode and compete in the white knuckling versus mode, ball-bouncing soccer matches or object-tagging domination rounds.

For more information on Pocket Racers, please visit: http://www.konami.com/gs.

About Konami

Konami is a leading developer, publisher and manufacturer of electronic entertainment properties. Konami’s 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 Digital Entertainment, Inc. in the United States and Konami Digital Entertainment GmbH in Frankfurt, Germany. Konami Corporation, the parent company of Konami Digital Entertainment, Inc. is traded in the United States on the New York Stock Exchange under the ticker symbol KNM. Details of the products published by Konami Digital Entertainment, Inc. can be found at www.konami.com/gs.

"PlayStation", "PS" Family logo and "PSP" are registered trademarks of Sony Computer Entertainment Inc. Memory Stick Duo(TM) may be required (sold separately). Certain limitations apply to Wi-Fi compatible connectivity. See manual for details. Player responsible for Wi-Fi compatible fees.