Acclaim Brings BMX 3 to Game Boy Advance

ACCLAIM ENTERTAINMENT’S ‘DAVE MIRRA FREESTYLE BMX 3’
BRINGS

BMX FUN TO GAME BOY^®
ADVANCE THIS HOLIDAY SEASON

GLEN COVE,
NY, November 25, 2002 – For owners of the Game Boy^® Advance,
this holiday season will certainly be filled with great BMX action as Acclaim
Entertainment, Inc. (NASDAQ.SC: AKLM)
has shipped Dave Mirra Freestyle BMX
3.  The third
installment in the Company’s award-winning
Dave Mirra
franchise, which has sold more than three million units worldwide, Dave
Mirra Freestyle BMX
3 offers
all-new new tricks and features that takes the genre to new heights on the
hand-held system.

"Dave
Mirra Freestyle BMX 3 is the best
portable game in this series and delivers even more countless hours of fun and
excitement," said Ben Fischbach, Brand Director for AKA Acclaim. 

Developed by Full Fat,
Dave Mirra Freestyle BMX 3
is all about big air, grinding rails, riding ramps, jumping gaps and
pulling the sickest tricks imaginable.  Dave Mirra Freestyle BMX 3
offers an exciting array of features, including:

The "King of BMX" Dave Mirra plus Ryan Nyquist, Colin
Mackay, "Luc-E" Englebert and Mike Laird;

11 huge levels, spanning different environments from
airports to oil tankers;

Everyone’s favorite BMX disciplines, including vert,
dirt, street and flatland.

Create-a-Rider – from new bikes to buy to an
upgradeable trick book;

More tricks than any other hand-held BMX game;

Awesome in-game soundtrack, featuring New Found Glory,
Greenday, Saliva and Ten foot Pole.

Super-competitive, link-up multiplayer mode will pit
you against your friends in a number of different games of skill.

Dave
Mirra Freestyle BMX
3
is currently available
for Game Boy^®
Advance at a suggested retail price of $29.99.  For more information on
AKA Acclaim’s BMX games, please visit
www.acclaim.com.

About Acclaim Entertainment

Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a
leading 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 six studios
located in the United States and the United Kingdom which includes a motion
capture and recording studio in the U.S., and publishes and distributes its
software through its subsidiaries in North America, the United Kingdom, 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 from time to time to support its time valued brands, Turok and Shadow
Man. 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
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
August 31, 2001, 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.

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