Crime Will Pay in 2005 With Spring Launch of Acclaim Entertainment, Inc.'s 'The Last Job' All-New Action Brand to Put Consumers in Control of Criminal Team to Pull Off Series of High-Tech, High-Risk Heists for Huge Rewards LOS ANGELES, May 11 /PRNewswire-FirstCall/ -- E3 -- Does crime really pay? In the spring of 2005 the only way for gamers to find out will be to step into the high-tech, high-risk and high-reward world of Acclaim Entertainment, Inc.'s The Last Job. Developed by Acclaim Studios Cheltenham, The Last Job lets players take control of a team of criminals who must get in, get out and get away with a series of intricate, action-packed heists where the stakes are high and mistakes can mean the difference between the penthouse or prison. "The Last Job is an exciting new Acclaim brand that captures the drama, thrill and mystique of committing the type of high-priced crimes that have been the subject of popular feature films," said Marc Metis, Senior Vice President of Brand Management for Acclaim. "The Last Job promises to be a title with truly breakthrough gameplay elements." Being shown behind closed doors at Acclaim's booth during E3, The Last Job is an action adventure game which puts players in control of a crew of four talented criminals each with their own unique skill. Motivated by revenge, the crew is out for one thing: to steal huge amounts of money. But their jobs are not the run-of-the-mill stick-ups. Along the way they'll confront security guards, police, S.W.A.T. teams and gangsters in a series of explosive scenarios; from ripping off warehouses to robbing yachts, to raiding race track sorting rooms to clearing out exhibitions. The Last Job will be available in the spring of 2005 for the current generation of console gaming systems at suggested retail prices to be determined. For more information on this game, please visit http://www.acclaim.com/. Acclaim's complete showcase of products will be featured at the 2004 Electronic Entertainment Expo in Los Angeles, CA at booth #152 in the Concourse Hall. About Acclaim Entertainment Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a worldwide developer, publisher and mass marketer of software for use with interactive entertainment game consoles including those manufactured by Nintendo, Sony Computer Entertainment and Microsoft Corporation as well as personal computer hardware systems. Acclaim owns and operates five studios located in the United States and the United Kingdom, and publishes and distributes its software through its subsidiaries in North America, the United Kingdom, Australia, Germany, France and Spain. The Company uses regional distributors worldwide. Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues "special edition" comic magazines periodically. Acclaim's corporate headquarters are in Glen Cove, New York and Acclaim's common stock is publicly traded on NASDAQ.SC under the symbol AKLM. For more information please visit our website at http://www.acclaim.com/. The statements contained in this release which are not historical facts are "forward-looking statements." Acclaim cautions readers of this press release that a number of important factors could cause Acclaim's actual future results to differ materially from those expressed in any such forward-looking statements. These important factors, 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, technological changes, dependence on major platform manufacturers and other factors that could affect Acclaim, are described in Acclaim's Annual Report on Form 10-K for the fiscal year ended March 31, 2003, and Acclaim's subsequent Quarterly Reports on Form 10-Q, all of which were filed with the United States Securities and Exchange Commission. Readers of this press release are referred to such filings. Contact: Alan B. Lewis Tara Monahan Acclaim Entertainment, Inc. Acclaim Entertainment, Inc. (516) 656-5000 (516) 656-5000 DATASOURCE: Acclaim Entertainment, Inc. CONTACT: Alan B. Lewis, , or Tara Monahan, , both of Acclaim Entertainment, Inc., +1-516-656-5000 Web site: http://www.acclaim.com/ http:/www.e3expo.com/e3expo

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