CORRECTING and REPLACING Midway Announces the NBA Ballers: Phenom $100K Tournament Event; Video Gamers to Bring Their Skills to Los Angeles in April; Winner to Walk Away with $100,000

The corrected release reads:

MIDWAY ANNOUNCES THE NBA BALLERS: PHENOM $100K TOURNAMENT EVENT;VIDEO GAMERS TO BRING THEIR SKILLS TO LOS ANGELES IN APRIL; WINNER TOWALK AWAY WITH $100,000

Midway Games Inc. (NYSE:MWY), a leading interactive entertainmentsoftware publisher and developer, today announced plans for the NBABallers: Phenom $100K Tournament. For two days in April, more than1,000 of the best video gamers in the country will gather at The MusicBox @ Fonda in Los Angeles to put their skills on display with hopesof walking away as champion in the highest paying 1-on-1 basketballvideo game tournament ever.

The NBA Ballers: Phenom $100k Tournament will challenge the skillsof more than a 1,000 lucky consumers on NBA Ballers: Phenom, thesequel to NBA Ballers, Midway's critically acclaimed and best-sellingbasketball videogame released in 2004. In addition to thesingle-elimination competition, live performances by Def Jam recordingartist, Ne Yo, celebrity and athlete appearances, and fullyinteractive exhibits have also been confirmed.

For additional information on the NBA Ballers: Phenom $100kTournament players can go to www.nbaballers.com, the official NBABallers website.

NBA Ballers: Phenom is scheduled to ship for the PlayStation(R)2computer entertainment system and the Xbox(R) videogame system fromMicrosoft in April 2006.

About NBA Ballers: Phenom

NBA Ballers: Phenom is a revolutionary sports video game thatintroduces an entirely new open world and interactive environment,featuring an exciting story mode and even more player customizationopportunities than its predecessor. Set in the neighborhoods of LosAngeles, the player controls his own destiny, embarking on a personalquest to become tomorrow's NBA phenomenon. For the first time ever inthe NBA Ballers franchise, the NBA Ballers: Phenom story mode allowsthe unique opportunity to develop both on and off-the-courtadventures. Players can follow the Baller's dream by getting noticedon the court and drafted into the NBA, as well as become anentrepreneur off-the-court complete with clothing line, record labeland movie deal.

About Midway

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

$10 Entry Fee Required. Limited to 1024 participants. Maximum of10 rounds must be played to win tournament. Level of competition willincrease in later rounds. Contest ends April 9th, 2006. All prizeswill be awarded by June 1st, 2006. All tiebreakers will be decided ina 90 sec 1 v 1 match repeated until there is a winner.

The NBA and individual NBA member team identifications used on orin this product are trademarks, copyrighted designs and other forms ofintellectual property of NBA Properties, Inc. and the respective NBAmember teams and may not be used in whole or in part, without theprior written consent of NBA Properties, Inc. (C) 2005 NBA Properties,Inc. All rights reserved. Distributed under license by Midway HomeEntertainment Inc. MIDWAY, BALLERS, and BALLERS: PHENOM are trademarksof Midway Amusement Games, LLC. "PSP" is a trademark and "PlayStation"and the "PS" Family logo are registered trademarks of Sony ComputerEntertainment Inc. Xbox is a registered trademark of MicrosoftCorporation in the United States and/or other countries. Memory StickDuo(TM) may be required (sold separately). All other trademarks arethe property of their respective companies.

This press release contains "forward-looking statements" withinthe meaning of the Private Securities Litigation Reform Act of 1995concerning future business conditions and the outlook for Midway GamesInc. (the "Company") based on currently available information thatinvolve risks and uncertainties. The Company's actual results coulddiffer materially from those anticipated in the forward-lookingstatements as a result of these risks and uncertainties, including,without limitation, the financial strength of the interactiveentertainment industry, dependence on new product introductions andthe ability to maintain the scheduling of such introductions, theconsole platform transition and other technological changes,dependence on major platform manufacturers and other risks more fullydescribed under "Item 1. Business - Risk Factors" in the Company'sAnnual Report on Form 10-K for the year ended December 31, 2004, andin the more recent filings made by the Company with the Securities andExchange Commission. Each forward-looking statement, including,without limitation, financial guidance, speaks only as of the date onwhich it is made, and Midway undertakes no obligation to update anyforward-looking statement to reflect events or circumstances after thedate on which it is made or to reflect the occurrence of anticipatedor unanticipated events or circumstances.