Midway Games Convertible Debt Offering

May 30, 2006

Cleary Gottlieb was counsel to the initial purchaser, Banc of America Securities LLC, in the 144A placement of $75 million aggregate principal amount of 7.125% senior convertible notes due 2026.

Midway Games, headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for video game systems and personal computers. Midway Games is best known for creating the home console game, Mortal Kombat.