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--COMPANY PRESS RELEASE--


CAPTURE ALL THE ACTION, ADVENTURE AND ADRENALINE OF
THE HIGH-PERFORMANCE WORLD OF "TUNER" CARS
WITH THE FAST AND THE FURIOUS LINE OF DIE-CAST COLLECTIBLES AND TOYS


Created in conjunction with the technical director from the hit film, RC2's new scale replica cars and die-cast activity "tuner" kits soup up the appeal in time for Universal Pictures' June 2003 release, 2 Fast 2 Furious


Bolingbrook, IL (MAY 13, 2003)
-RC2 (NASDAQ: RCRC), formerly Racing Champions Ertl Corporation, debuts an all-new super-charged collection of The Fast and the Furious die-cast scale cars and activity kits just in time for Universal Pictures' much anticipated theatrical release, 2 Fast 2 Furious on June 6, 2003. The RC2 line-up incorporates all the excitement of the high-performance property in a variety of products designed to appeal to the serious adult collector, teen movie fans and street racing aficionados alike.

RC2 is the master toy and collectibles licensee for The Fast and the Furious brand with first scale-model "tuner" die-cast collectibles currently on store shelves. The second series of cars, based on vehicles that appear in the upcoming 2 Fast 2 Furious will arrive in stores in early June 2003 to coincide with the movie's theatrical release. The highly-detailed cars capture the excitement and slammin' style of the "tuner" car enthusiasts, and offer a wide variety of ways to bring the adrenaline rush home:

eBay Auction
Get in on the action with a 2 Fast 2 Furious Auction on eBay. 2 Fast 2 Furious branded product, including apparel, hats, and die-cast models of the cars from Racing Champions, will be signed by the sizzling stars of the upcoming movie. The auction will take place June 5 - June 19, 2003. Proceeds from the signed items will raise money for Mothers Against Drunk Driving (M.A.D.D.).

1:18 Scale Series Model Cars

This highly-detailed scale assortment includes the fully-blown Dodge Charger featured in The Fast and the Furious along with other movie vehicle replicas from both films, scaled for collecting or playing. The die-cast construction features opening doors and hood that reveals a detailed engine, steerable front wheels and fully-tricked out interior and chassis. Suggested retail: $24.99 each.

Die-Cast Car Activity Kits
These interactive kits include unassembled versions of the most popular The Fast and the Furious vehicles along with "speed weights" to tweak the performance of your car. Kits come complete with everything required to assemble the vehicle. Suggested retail: $12.99 (1:25 scale) & $24.99 (1:18 scale) each.

1:64 Scale Series Model Cars
These limited series offer a selection of popular street vehicles and stock models, including vehicles from The Fast and the Furious and 2 Fast 2 Furious. Sold individually or in special five-pack assortments. Suggested retail: $2.49 (individual) $9.99 (5-pack) each.

1:64 Scale Transporter with Car Assortment
These deluxe sets feature semis with die-cast cabs and trailers along with assorted 1:64 scale cars. Suggested retail: $14.99 each.

About the Films
2 Fast 2 Furious is the highly-anticipated follow-up to the Summer 2001 box office sensation about the super-charged world of street racing. Paul Walker returns as former cop Brian O'Conner, who teams up with his ex-con pal Roman Pearce (Tyrese) to transport a shipment of "dirty" money for shady Miami-based import-export dealer Carter Verone (Cole Hauser), while actually working with undercover agent Monica Fuentes (Eva Mendes) to bring Verone down. Chris "Ludacris" Bridges, James Remar and Devon Aoki are also in the cast of this new high-adrenaline adventure directed by John Singleton (Boyz N the Hood, Baby Boy) and produced by Neal H. Moritz (The Fast and the Furious, Sweet Home Alabama), with a whole new line-up of dazzling high-performance vehicles ready to burn up the screen.

Universal Pictures' The Fast and the Furious grossed $206 million at the worldwide box-office. In addition to its box office success, the DVD release was the number one best-selling DVD in the U.S. for the first six months of 2002, and remains one of the Top 10 best-selling DVDs of all time domestically (*per AC Nielson/Video Scan).

The car and motorcycle action sequences depicted in The Fast and the Furious and 2 Fast 2 Furious films are dangerous. All stunts were performed in carefully-controlled environments using professionally trained stunt crews on closed roads. No attempts should be made to duplicate any action, driving or car play scenes portrayed therein. Universal Studios neither condones nor endorses the use of any licensed products in any manner whatsoever other than in strict accordance with all applicable federal, state and local laws and speed limits.

The MPAA has given 2 Fast 2 Furious a rating of PG-13 (Parents Strongly Cautioned - Some Material May Be Inappropriate For Children Under 13) for street racing, violence, language and some sensuality. The Fast and the Furious is also rated PG-13. Consult www.filmratings.com for further information.

The Fast and the Furious and 2 Fast 2 Furious are licensed by Universal Studios Consumer Products Group (USCPG), which is responsible for global licensing and retail strategies as well as building brand recognition. USCPG is a unit of Universal Pictures, a division of Vivendi UNIVERSAL Entertainment (VUE) (www.universalstudios.com), the U.S.-based film, television and recreation entity of Vivendi Universal, a global media and communications company.

RC2 (www.rc2corp.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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