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--COMPANY PRESS RELEASE--


RC2 TEARS UP THE TRACK,
INTRODUCES EIGHT HOT NASCAR MODELS IN ITS AMT® KITS LINE


Bolingbrook, IL - April 16, 2003 - Eight new 1:25-scale models-fully licensed by NASCAR, completely retooled for 2003, and featuring some of the hottest teams burning up the track this year-will be released this summer in the AMT kit line by RC2 (formerly Racing Champions Ertl) (NASDAQ: RCRC).

Slated for introduction in July are models of the NASCAR Chevrolet Monte Carlo driven by #24 Jeff Gordon, #20 Tony Stewart, #18 Bobby Labonte, and #48 Jimmie Johnson. They'll be followed in August by replicas of the Ford Taurus cars driven by #17 Matt Kenseth, the current Winston Cup points leader; #97 Kurt Bush; #6 Mark Martin; and #98 Dale Jarrett.

"These are the kits hobbyists are asking for," said Dell Torgerson, Managing Director of RC2, "and I can promise them they won't be disappointed. We've rounded up some great NASCAR licenses and some top teams, I think it's safe to say that these kits will bring racing excitement home."

The plastic models are easily assembled and ready for the hobbyist to custom-paint. The bodies have been completely retooled, too, and the detail is well up to AMT's high standards, from the last rivet on the bumpers to the exacting accuracy of the dashboard. Each kit includes more than seventy-five parts as well as precise-to-the-last-detail decals of the 2003 paint schemes of top NASCAR teams. Suggested retail price is $14.00.

RC2 (www.rcertl.com) is a leading producer and marketer of high quality, innovative collectibles and toys targeted at adult collectors and children. The Company's diverse product offerings include: agricultural, construction and outdoor sports vehicle replicas; automotive, high performance and racing vehicle replicas; traditional children's 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®, Learning Curve®, American Muscle™, AMT®, W. Britain®, Press Pass®, Eden®, Feltkids® and JoyRide Studios™. The Company supports its brands and enhances the authenticity of its products by linking them with highly recognized licensed properties from John Deere, Harley-Davidson, Hit Entertainment, Lamaze, Case, Polaris, Honda, Caterpillar, Ford, GM, DaimlerChrysler, NASCAR, NHRA, Texaco, Universal Studios, Warner Brothers, DIC Entertainment, Nintendo, Sega, Electronic Arts and Microsoft. The Company's products are marketed through multiple channels of distribution, including chain retailers, specialty and hobby wholesalers and retailers, OEM dealers, corporate accounts for promotional purposes and direct to consumers. The Company sells through more than 20,000 retail outlets located in North America, Europe and Asia Pacific.


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