RADICA GAMES LIMITED
                                            ANNOUNCES QUARTERLY CASH DIVIDEND


FOR IMMEDIATE RELEASE                       CONTACT: PATRICK S. FEELY
JUNE 21, 2004                                        PRESIDENT & CEO
                                                     (LOS ANGELES, CALIFORNIA)
                                                     (626) 744 1150

                                                     DAVID C.W. HOWELL
                                                     PRESIDENT ASIA OPERATIONS
                                                     & CFO
                                                     (HONG KONG)
                                                     (852) 2688 4201


(HONG KONG) Radica Games Limited  (NASDAQ:  RADA) announced today that its Board
of Directors has declared a quarterly  dividend of $0.04 per share. The dividend
will be payable on July 30, 2004, to shareholders of record as of July 20, 2004.


ABOUT RADICA GAMES LIMITED

Radica Games Limited  (Radica) is a Bermuda company  headquartered  in Hong Kong
(NASDAQ: RADA). Radica is a leading developer, manufacturer and distributor of a
diverse line of  electronic  products  including  handheld  and tabletop  games,
girls' lifestyle products, high-tech toys and video game accessories. Radica has
subsidiaries  in the  U.S.A.,  Canada and the U.K.,  and a factory in  Dongguan,
Southern China.  More  information  about Radica can be found on the Internet at
www.radicagames.com.

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