Press Pass® Football: Three Rookie Chase Entry Cards Eligible for Autograph Drawing

January, 29, 2003 Charlotte, N.C - Eligible collectors will have an opportunity to win one of 10 complete sets of Press Pass 2002 Football Autographs in the Rookie Chase Contest. The inaugural Rookie Chase Contest, featured in Press Pass 2002 Football is coming to a close with the selection of the two Offensive and Defensive Rookies of the Year, and the Pepsi NFL Rookie of the Year. Carolina defensive end Julius Peppers was selected as the 2002 Defensive Rookie of the year, and Denver running back, Clinton Portis was selected as the 2002 Offensive Rookie of the Year. New York's Jeremy Shockey was selected as the recipient of the inaugural Pepsi NFL Rookie of the Year Award. Since Clinton Portis was not featured in the Rookie Chase Contest, the three eligible entry cards are Jeremy Shockey's Rookie Chase card (RC 8/12), Julius Peppers' Rookie Chase card (RC 9/12) and the Field Card (RC 12/12).

These three Rookie Chase cards can now be entered into a drawing to win one of 10 Press Pass 2002 Football Autograph sets. The solid Press Pass 2002 Football autograph line-up features over 40 different players, including top rookie talent, such as quarterbacks David Carr (Texas) and Joey Harrington (Detroit); as well as outstanding running backs William Green (Cleveland) and T.J. Duckett (Atlanta). Winning collectors will receive one autograph card of each player in the 2002 Press Pass Draft Pick autograph set.

"The 2002 Football Rookie Chase Contest provides collectors with a unique opportunity to obtain the complete 44 card set of Press Pass 2002 Football Autographs," said Tom Farrell, director of marketing for Press Pass, a division of Racing Champions (NASDAQ: RACN). "Look for more exciting contests next year in Press Pass 2003 Football."

All entries must be received by April 1, 2003. Winners will be selected and notified by May 1, 2003.

Racing Champions (www.rcertl.com) is a leading producer and marketer of innovative collectibles and toys targeted at males of all ages. The Company's diverse product offering includes scaled die-cast replicas of John Deere agricultural equipment and NASCAR stock cars, other licensed vehicle replicas, pre-teen toys, sports trading cards, racing apparel and souvenirs, and collectible figures. These products are sold under the Company's market-focused brand names, including Racing Champions®, Ertl®, Ertl Collectibles®, American Muscle™, AMT®, W. Britain®, Press Pass® and JoyRide Studios™. The Company reinforces its brands and enhances the authenticity of our products by linking them with highly recognized licensed properties including NASCAR, NHRA, John Deere, Case IH, Polaris, Honda, Caterpillar, Ford, GM, Chrysler, Texaco, Warner Brothers, Gullane Entertainment, Nintendo, Sega and Electronic Arts. The
Company's products are marketed through multiple channels of distribution, including mass retailers and specialty and
hobby wholesalers and retailers, OEM dealers and to corporate accounts for promotional purposes. The Company sells through more than 20,000 retail outlets located in North America, Europe and Asia Pacific.