Class Action Suit Against THQ Dismissed

Business Wire, Jan 3, 2001

Business Editors

CALABASAS HILLS, Calif.--(BUSINESS WIRE)--Jan. 3, 2001

THQ Inc. (Nasdaq NMS: THQI) today announced that the class action lawsuit filed against it and several of its officers and directors asserting certain securities law violations has been dismissed with prejudice.

The decision from the United States District Court for the Central District of California held that the complaint did not satisfy the pleading requirements of the federal securities laws.

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

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 THQ's most recent form 8-K filed on Nov. 13, 2000.