NINTENDO GAMECUBE SET AT MASS MARKET PRICE OF $199.95

Dedicated Gameplay System Launches November 5, 2001

With Six First-Party Titles Priced At $49.95

REDMOND, Wash., May 21, 2001 - History's most successful video game

manufacturer today announced the U.S. suggested retail price of $199.95 for

its all-new video game console, NINTENDO GAMECUBE(tm), launching November

5th.

Today's announcement comes on the heels of what Nintendo executives describe

as an "overwhelmingly positive response" from thousands of the visitors to

the national Electronic Entertainment Expo (E3) in Los Angeles, which ended

Saturday. More than 62,000 people gathered to view the latest in

interactive entertainment

"The response to NINTENDO GAMECUBE at E3 was phenomenal," says Peter Main,

executive vice president, sales and marketing, Nintendo of America Inc.

"Game developers expressed over and over that our games are of unmatched

quality, especially Luigi's Mansion, Super Smash Bros. Melee and Star Wars

Rogue Leader: Rogue Squadron II. Pikmin also spiked interest for its

incredibly unique game content and approach. This is all very exciting."

NINTENDO GAMECUBE's November 5 launch will hit with a library of six

exclusive Nintendo titles, each with a MSRP of $49.95, expanding by

end-of-year with licensee games, representing a robust and diverse library

with games for players of all ages.

Compatible with Game Boy® Advance, which launches in North America June 11,

NINTENDO GAMECUBE delivers all-new forms of interactive fun and offers the

easiest development environment to date for game creators.

Other upcoming games include: Animal Forest(tm), Disney's Mickey for

NINTENDO GAMECUBE, Donkey Kong® Racing, Eternal Darkness(tm), Kameo(tm):

Elements of Power(tm), The Legend of Zelda®, Mario Kart® for NINTENDO

GAMECUBE, Metroid Prime(tm), NBA Courtside 2002, Raven Blade, Star Fox®

Adventures: Dinosaur Planet(tm) and Wave Race® Blue Storm. In addition,

early titles will come from a wide range of the world's top independent

publishers and developers, including LucasArts, Electronic Arts and others.

NINTENDO GAMECUBE is scheduled to launch in Japan on September 14, 2001, and

in Europe in early 2002. Information on shipment quantity will be made

public as part of Nintendo's official financial announcement slated for May

24 in Japan.

As the worldwide leader and innovator in the creation of interactive

entertainment, Nintendo Co. Ltd., of Kyoto, Japan, manufactures and markets

hardware and software for its popular home video game systems. The systems

include Game Boy, Nintendo® 64, Game Boy Advance and the upcoming NINTENDO

GAMECUBE(tm). Since the release of its first home video game system in

1985, Nintendo has sold more than 1.4 billion video games worldwide,

creating enduring industry icons such as Mario(tm) and Donkey Kong® and

launching such franchises as Zelda(tm) and Pokémon®. As a wholly owned

subsidiary, Nintendo of America Inc., based in Redmond, Wash., serves as

headquarters for Nintendo's operations in the Western Hemisphere.

For more information about NINTENDO GAMECUBE, Game Boy Advance or any other

Nintendo product, visit the company's Web site, www.nintendo.com.