Marvel Has Unprecedented Presence at E3, Confirming Power of the Marvel Brand within Video Gaming Industry

Company Announces Video Game Sales Based on Marvel Characters Surpassed 14.5 Million Units In 2002 And 2003 Alone

NEW YORK--(BUSINESS WIRE)--May 12, 2004--Marvel Enterprises, Inc. (NYSE:MVL), a leading global character-based entertainment licensing company, announced today at the world's largest video game convention, Electronic Entertainment Expo (E3), that partners have sold more than 14.5 million units of Marvel-branded video games in 2002 and 2003 alone, making Marvel a leading player in this growing industry. Based on its current pipeline, Marvel believes cumulative unit sales will exceed 30 million through the end of 2005. There are currently three video game franchises based on Marvel characters each having sales of over two million units, indicating the strength of the Marvel brand in this important consumer product category.