NEWS

WWE No Mercy Finalist for Interactive Achievement Awards WWE SmackDown! and WWE ...

CALABASAS HILLS Calif.–March 21 2001–THQ Inc. and JAKKS Pacific Inc. today announced that the Academy of Interactive Arts and Sciences (AIAS) has named "WWE No Mercy(TM)” as a finalist in the Fourth Annual Interactive Achievement Awards(TM). The AIAS honors excellence and innovation in interactive computer console and Internet games and entertainment.

This highly successful WWE® title for the Nintendo® 64 is a finalist in three separate categories: Console Fighting Game of the Year Console Game of the Year and Game of the Year 2001. Released in November 2000 "WWE No Mercy” has already sold well over 800 000 units at retail in North America.

"We’re thrilled with the accolades that have been bestowed upon the video games of the WWE franchise ” stated Brian Farrell president and CEO THQ. "It’s a testament to all the hard work and dedication put forth by so many in the creation of these quality titles.”

"Both the gaming industry and WWE fans have shown incredible support for all of the WWE titles brought to market from JAKKS and THQ ” said Stephen Berman president and COO JAKKS Pacific. "We are glad that AIAS has recognized `WWE No Mercy’ as deserving of this nomination.”

WWE franchise also picked up two awards recently in Cannes France at the 3rd Eccsell (European Computer & Console Software Entertainment & Leisure Leaders) Award Ceremony. "WWE SmackDown!(TM)” took home a silver award for retail sales totaling more than 15 million Euros while the sequel "WWE SmackDown!(TM) 2: Know Your Role ” was awarded gold for retail sales totaling more than 25 million Euros.

WWE Entertainment Inc. is an integrated media and entertainment company with headquarters in Stamford Conn. and sale offices in New York City Chicago and Toronto. The company is an equal partner with NBC in the XFL a new professional football league. The company can be found online at wwe.com and wwecorpbiz.com.

JAKKS Pacific is a multi-brand toy company that designs develops produces and markets toys and related products under various brand names (including Flying Colors® Road Champs® Remco® Child Guidance® Color Club® and Pentech®) in multiple product categories including Wheels Action Figures Crafts/Activities/Stationery Infant/Pre-School Trading Cards/Games Plush and Dolls. The company also has exclusive worldwide rights to publish and market WWE® video games. Go to www.jakkspacific.com or www.jakkswwe.com for more information.

THQ Inc. develops publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms including PC CD-ROM and those manufactured by Microsoft Sony and Nintendo. The THQ Web site is located at .

The statements contained in this release that are not historical facts may be deemed to constitute forward-looking statements. Actual results may differ materially from those projected in such statements due to a number of risks and uncertainties including without limitation demand and competition for the company’s products and other risks and uncertainties detailed in the company’s filings with the Securities and Exchange Commission and as more specifically set forth in the company’s most recent Form 8-K filed on Nov. 13 2000.

Contact:

THQ Inc. Calabasas Hills
Wayne Teats 818/871-5156 (Media Relations)
Mary Nelson Garrett 818/871-5090 (Investor Relations)
or
JAKKS Pacific Inc. Malibu Calif.
Genna Goldberg 310/456-7799