European Stranglehold™ Short Film Contest Starts Today!

Today, Midway Games Ltd announced the start of the European Stranglehold short film contest powered by Eurogamer. As of now, amateur directors can create their own Stranglehold short films at www.massive-d.com and enter their creation into weekly competitions to win exclusive prizes.

The competition will run over eight weeks, with winners selected and voting reset to zero every week. The weekly winners will receive a limited edition game console with a Stranglehold design, while the overall winner will enjoy a luxury trip for two to Hong Kong. In addition, Midway will be giving away games signed by acclaimed action director John Woo to lucky registered users who have participated in the voting.

"The European Stranglehold short film contest powered by Eurogamer is a fantastic way for us speak directly to game fans from the three largest European markets and challenge them to participate," says Leonie Manshanden, European Marketing Director for Midway Games Europe. "This activity is an elemental component of our pan-European, multi-million Euro campaign supporting the launch of Stranglehold, and is the largest that Midway Europe has ever implemented."

Until mid-January, users can create their own custom-made Stranglehold short film on the amazing www.massive-d.com website. There are over 160 all-time classic films, texts, and sound clips available to be

pieced together to make their very own, 90 second short film.

About Stranglehold

A collaboration with world renowned action film director John Woo's Tiger Hill Entertainment, Stranglehold allows players to experience the excitement of true next-gen action as you take on the role of Inspector Tequila created by John Woo for his influential action film, "Hard Boiled" starring Chow Yun-Fat. Ensnared by a crime boss with a gripping secret, Inspector Tequila is forced to cross the line from sworn duty to bloody revenge. Engage your enemies with intense cinematic gun battles and cause massive environmental damage in real-time or revolutionary slow-motion Tequila Time.

About Tiger Hill Entertainment

Tiger Hill is the sister company to Woo and Chang's Lion Rock Productions, the feature film and television company whose credits include BROKEN ARROW, FACE/OFF, MISSION IMPOSSIBLE II, THE BIG HIT and WINDTALKERS. Tiger Hill develops and creatively produces content for video games, animation, and comic book properties. Currently on shelves now is John Woo's 7 BROTHERS published by Virgin Comics, and due for release early next year is the feature length anime EX MACHINA, the sequel to the 2005 feature anime APPLESEED. Woo's next directing project RED CLIFF is due for release in the summer of 2008.

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.

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"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."

For more information on Stranglehold, please visit www.strangleholdgame.com or contact:

Phil Robinson

Sr. Media Relations Manager - UK

Midway Games Ltd

Tel: +44 207 382 7720

probinson@midway.com

Clare Turner

Media relations Manager - Europe

Midway Games Ltd

Tel: +44 207 382 7720

cturner@midway.com