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2002 PRESS PASSŪ NEWS

Press Pass® Unveils a Commemorative Dale Earnhardt Jr. Race-Used Firesuit Card

November 19 , 2002 Charlotte, N.C - In an effort to reward collectors that have been patiently waiting for their Dale Earnhardt Jr. autograph card redemptions to be fulfilled, Press Pass has created a bonus Dale Earnhardt Jr. race-used firesuit card. This special card commemorates Dale Earnhardt Jr.'s 1999 Busch Grand National championship season, featuring a race-used swatch from his championship season uniform and celebratory photography.

It is important to note that this card is a bonus to collectors waiting on their Dale Earnhardt Jr. autograph card. Press Pass continues to work on a daily basis to obtain these autograph cards, and will start distributing them to collectors as soon as they are obtained.

"This unique card was created specifically to reward collectors for their patience and understanding during this unprecedented delay in acquiring Dale Earnhardt Jr.'s Press Pass autograph cards," explained Tom Farrell, Director of Marketing for Press Pass, a division of Racing Champions (NASDAQ: RACN). "We hope this bonus Dale Jr. race-used memorabilia card helps to emphasize our efforts to keep collectors' best interests in mind."

In order to build additional awareness for these cards, Press Pass will also insert a small percentage of these special cards into hobby packs of Press Pass 2003 (available in mid December). Collectors entitled to the bonus Dale Earnhardt Jr. race-used firesuit card will start receiving them immediately.

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.

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