Midway Delivers Timeless Classic For The First Time On A Handheld Videogame Format

London - October 17th, 2006 - Midway Games Ltd., a subsidiary of Midway Games Inc. (NYSE: MWY),a leading interactive entertainment industry publisher and developer, today confirmed shipping the legendary game, Myst, on PSP across all PAL territories (excludes South Africa, Australia and New Zealand), as part of a publishing agreement between Cyan Worlds and the European arm of Midway.

The timeless adventuring masterpiece from Cyan Worlds and Hoplite Research, LLC has intrigued and delighted gamers for over a decade on home consoles and computers, but today it debuts on a handheld videogame format for the first time. The game takes advantage of the PSP's glorious 16-million colour 16:9 screen as it catapults the player into a universe of mystery, discovery, and mind-bending puzzles.

Utterly alone and without encountering another single living soul on a mysterious island, the player sets out to explore its grandeur and unlock its secrets. A chilling tale of injustice unfolds, expanding beyond all boundaries of space and time. Quickly, though, it becomes clear every action can somehow help unfortunate individuals trapped somewhere in a parallel dimension. The Myst adventure is like no other, tantalizing with its unique combination of lavish environments, puzzles, mazes, and a sizzling underlying drama which steadily reveals itself to the player.

"We are delighted to present one of the world's most successful game franchises to Sony's PSP," said Martin Spiess, Managing Director - Europe of Midway Games Limited. "The highly-anticipated handheld version of the game includes all the production values and excitement that have made this title a timeless classic."

Manny J. Granillo, President & Chief Designer of Hoplite Research, LLC, stated, "Finding the right partner with the right vision and who is in touch with what gamers want is always a challenge. We are delighted that we can work with such a strong publisher as Midway."

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 Cyan Worlds

Cyan Worlds, Inc., located in Spokane, WA, is best know for Myst and Riven, which received numerous awards, critical acclaim and broad popularity, Cyan has been designing and building immersive interactive worlds since 1987. They currently employ over 30 designers, programmers and artists. For more information about Cyan Worlds, visit www.cyanworlds.com

About Hoplite Research, LLC

Hoplite Research,LLC is a leading Entertainment research group, developer, publisher and marketer of interactive entertainment software. Created in 2001 primarily as one of the entertainment industry's first research groups, Hoplite Research, LLC is dedicated to finding new methods of entertaining through technology, innovation, and design on all major PC & videogame platforms including the PlayStation®2 computer entertainment system, Xbox & Nintendo DS

MIDWAY is a trademark of Midway Amusement Games, LLC.

PlayStation, PSP and the PlayStation logo are registered trademarks of Sony Computer Entertainment Inc.

MYST is a registered trademark of CYAN WORLDS, INC. ® 1994-2006 CYAN WORLDS, INC. MYST logo is a registered trademark of CYAN WORLDS, INC. MYST and all character names and likenesses are trademarks of CYAN WORLDS, INC. All other rights property of HOPLITE RESEARCH, LLC ® 2006. All other trademarks and tradenames are properties of their respective owners. All Rights Reserved. Distributed under license from Hoplite Research, LLC by Midway Games Limited. Midway has provided the www.cyanworlds.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 involve 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 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, 2005, 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."

For More Information Contact:

Phil Robinson

PR Manager (UK)

Midway Games Ltd

+44 (0)207 382 7720

probinson@midway.com

Clare Turner

PR Manager (Europe)

Midway Games Ltd

+44 (0)207 382 7720

cturner@midway.com