Interplay Faces Imminent Nasdaq Delisting

Having given prior warning of delisting if Interplay did not raise its share price to the $1 minimum required by the Nasdaq SmallCap Market, Nasdaq had given Interplay until August 13 to comply with the requirement. Interplay has also failed to meet the 180-day-extension eligibility requirements of $5 million in shareholder equity, $50 million market value of listed securities, or $750,000 net income on continuous operations. Interplay has requested a hearing before the Nasdaq Listing Qualifications Panel to fend off the impending compliance deadline, but the request is still pending. If Interplay cannot successfully appeal the Staff Determination letter by 4 p.m. Eastern time on August 21, 2002, the company will be delisted effective with the opening of business on August 23, 2002.