MIDWAY AND EPIC GAMES SHIP THE AWARD-WINNING UNREAL TOURNAMENT 3 FOR PLAYSTATION®3 SYSTEM

Unreal Tournament 3 Marks the Highly Anticipated Console Debut of the Multi-Million Unit Selling Franchise

CHICAGO - December 10, 2007 – Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, and world-renowned developer Epic Games, Inc. today announced that the highly anticipated and award-winning Unreal Tournament 3 game has shipped for PLAYSTATION®3 computer entertainment system. Epic Games, creators of 4-million-plus selling 2006 Game of the Year Gears of War, has brought the world's premiere and multi-million unit selling first-person shooter only to one system, the PLAYSTATION 3. Unreal Tournament 3 for PS3, rated "M" for Mature by the ESRB, is available for a U.S. suggested retail price of $59.95. Unreal Tournament 3 is currently available for the PC for a U.S. suggested retail price of $49.95.

"Unreal Tournament 3 sets a new benchmark for graphical quality and what a first-person shooter gameplay experience on the PLAYSTATION 3 system should be," said Steve Allison, chief marketing officer, Midway. "The game is a must-have for a PLAYSTATION 3 system owner this holiday season."

"We are thrilled to put Unreal Tournament 3 in gamers' hands before the holidays," said Mark Rein, vice president of Epic Games. "The game plays so amazingly, and I think this is the pick-up-and-play shooter people have been waiting for on PLAYSTATION 3. In addition, UT3 is the first game ever to allow truly robust user-created content - we call them 'mods' (as in 'modifications') - on any console platform, and we can't wait to see what the mod community creates for this game. User-created content has always been the remarkable backbone component of the Unreal Tournament series, and we think PLAYSTATION 3 system users are in for a huge treat when the mods start to appear."

"We are excited about our continued collaboration with Midway on Unreal Tournament 3, exclusively for PS3," said Riley Russell, senior vice president of third party relations, Sony Computer Entertainment America. "Unreal Tournament 3 is sure to be a hit this holiday season as it allows gamers to embrace the creativity of user-generated content utilizing the power of the Unreal Engine 3 on PS3."

About Unreal Tournament 3

Unreal Tournament 3 marks the return of the world's premiere first-person shooter to the PC, and its debut on the PLAYSTATION 3 system. Unreal Tournament 3 unleashes the full power of Unreal Engine 3, taking graphics, gameplay, and challenge to a whole new level. Players engage in intense battles with other human players online, or against Unreal artificial intelligence that sets the industry standard. With the most powerful futuristic weapons and vehicles available, this is FPS action at its best!

More information about Unreal Tournament 3 can be found online at www.unrealtournament3.com

About Epic Games

Epic Games, Inc., based in Cary, NC and established in 1991, develops cutting-edge games and game engine technology for PC and console. The company has created multiple million-selling, award-winning titles in their Unreal series and their latest game, Gears of War, broke sales records on Xbox 360 selling more than 3 million copies worldwide in the first ten weeks and awarded overall Game of the Year for 2006 by the Academy of Interactive Arts & Sciences, Game Developers Choice Awards, GameSpot, GamePro and many others. Epic is also responsible for the Unreal Engine, which is the underlying technology for a wide range of games including Console Game of the Year winner "Tom Clancy's Splinter Cell" by Ubisoft; PC Gamer's Game of the Year "Deus Ex" from Ion Storm/Eidos; "America's Army: Special Forces" by the United States Army; and "Harry Potter and the Sorcerer's Stone" (PC) by Electronic Arts. Epic's Unreal Engine 3 is the current holder, and three-time consecutive winner, of Game Developer magazine's Front Line award for Best Game Engine. Epic Games was also awarded Studio of the Year at the 2006 Spike TV Video Game Awards and Developer of the Year by Official Xbox Magazine. Additional information about Epic can be obtained through Epic's Web site at www.epicgames.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.

"PlayStation", "PLAYSTATION" and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. Epic, Epic Games, Unreal, Unreal Tournament, and Gears of War are trademarks or registered trademarks of Epic Games, Inc. in the United States of America and elsewhere. All other trademarks are the property of their respective companies. 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 that involves 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, the current console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2006, and in any more recent 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 Midway 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