____________________________________________________________________________________

FOR IMMEDIATE RELEASE

CONTACT:

Rannie Yoo For Mythic Entertainment:

VP, Marketing Magnet Communications Kohnke Communications

TA Associates 617-587-8906 Rannie Yoo

617-574-6758 pnunes@magnet.com 310-785-0515 x271

lkim@ta.com Rannie@kohnkecomm.com

TA Associates Invests $32 Million in Mythic Entertainment

BOSTON, MA, March 24, 2003 -- TA Associates (“TA”), one of the leading private equity and buyout firms in the United States, announced today that it has completed a $32 million investment in Mythic Entertainment, Inc. (“Mythic”), a leading independent developer of online gaming. Founded in 1995, Mythic has experienced rapid growth, with revenues more than quadrupling in 2002 over the prior year.

Headquartered in Fairfax, Virginia, Mythic is a producer of Massively Multiplayer Online Role- Playing Games (MMORPG). The games take advantage of advanced client/server technology delivered over the Internet, and advancements in computer graphics and processor speed, to provide the visual qualities and game play of a console game, with an underlying community focus and player-to-player economic system that creates a virtual, persistent world in which tens of thousands of people can play simultaneously. MMORPGs debuted six years ago and are quickly gaining subscribers.

Mythic’s flagship Dark Age of Camelot, released in October 2001, is the fastest growing such game in history. Dark Age of Camelot: Shrouded Isles, the game’s first expansion pack, was launched in December 2002, and was the top-selling online game for that month, and the 15th top selling PC game, according to NPD Techworld. Dark Age of Camelot has over 220,000 paying monthly subscribers all over the world.

“With advancements in technology, interactive virtual worlds such as Dark Age of Camelot are at the very beginnings of mass market adoption,” said TA Associates Vice President, Jonathan W. Meeks, who will join Mythic’s Board of Directors. “Mark Jacobs, Rob Denton and the Mythic team have leveraged sixteen years of history developing online games to create Dark Age of Camelot, the most innovative and rapidly growing MMORPG. Online gaming represents the next wave of growth in the video game industry and Mythic is well-positioned as a leader in creating compelling content for that emerging industry.”

“We chose to partner with TA because of their extensive experience in helping profitable companies accelerate growth,” said Mark B. Jacobs, President and CEO of Mythic. “We look forward to working closely with them as we both expand our player base for Camelot nationally and internationally and expand our lineup of games. The future for Mythic has never looked brighter than it does today.”

TA Associates

Founded in 1968, TA Associates is one of the largest and most experienced private equity firms in the U.S. With offices in Boston, Menlo Park, and Pittsburgh, TA manages over $5 billion in capital and has invested in more than 330 companies. TA Associates provides growth equity capital and management buyout financing for technology, financial services and healthcare related businesses. More information about TA Associates can be found at www.ta.com.

Mythic Entertainment

Mythic Entertainment is one of the most successful online gaming developers in the industry today. With thirteen online games to its credit, Mythic has been a major part of all of its distribution and publishing partners’ pay-for-play games including AOL, the Centropolis Gaming Center, Gamestorm, and ENGAGE. Their titles include some of the most popular online-only games of all time including Spellbinder: The Nexus Conflict, Aliens Online, Starship Troopers: Battlespace, Silent Death Online, Rolemaster: Magestorm, Darkness Falls, Darkness Falls: The Crusade, Splatterball, Godzilla Online, and Dragon’s Gate. Mythic was named one of Deloitte & Touche’s national “Technology Fast 500” companies, and regional “Technology Fast 50” companies.

Within the United States and a number of other markets, Dark Age of Camelot is distributed by Vivendi Universal Games. In most of Europe, Dark Age of Camelot is distributed by GOA (a division of France Telecom) while Italy is handled by CTONet. In Asia, Mythic is partnered with Buff Entertainment for Korea and with Capcom for Japan. In March 2000, Mythic announced a product development partnership with New York City-based Abandon Entertainment, a producer of TV programming, movies, and other interactive entertainment. Abandon invested in Mythic in 1999. For more information about Mythic Entertainment, visit www.mythicentertainment.com.

Mythic Entertainment, Dark Age of Camelot and Dark Age of Camelot: Shrouded Isles are trademarks of Mythic Entertainment. All other trademarks property of their respective owners.