RADICA(R) ANNOUNCES LICENSE AGREEMENT
                      WITH WORLD POKER TOUR(TM) FOR LINE OF
                        HANDHELD ELECTRONIC CASINO GAMES


FOR IMMEDIATE RELEASE               CONTACT:  PATRICK S. FEELY
AUGUST 9, 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 it will
develop and distribute a line of handheld electronic Texas Hold `Em casino games
based on the World  Poker Tour (WPT) hit weekly  television  series that airs on
the Travel Channel.

"Every WPT fan dreams of making it to a World Poker Tour Final  Table," said Pat
Feely,  Radica's CEO. "Now, with WPT handheld games from Radica,  poker fans can
hone their poker skills and enter the `virtual'  world of the WPT - anytime they
want."

With more than 50 million  poker  players in the United States and more than 100
million players  worldwide,  poker continues to gain in popularity.  More people
play poker than play golf,  billiards  or tennis.  The World Poker Tour has both
helped create and benefited from the increase in popularity of poker, as the WPT
television show has garnered huge ratings for the Travel Channel.

Under the terms of the agreement,  Radica will manufacture  WPT-branded handheld
electronic  games for  worldwide  distribution.  The first games are expected to
ship March 2005,  to coincide with the launch of Season Three of the World Poker
Tour on the Travel Channel.

The licensing  relationship  between Radica and WPT was developed and negotiated
by Brandgenuity LLC, WPT's strategic product licensing and merchandising  agency
of record.

     The foregoing discussion contains forward-looking  statements that
     involve risks and uncertainties that could cause actual results to
     differ   materially   from  projected   results.   Forward-looking
     statements   include   statements  about  efforts  to  attract  or
     prospects  for  additional  or  increased  business,  new  product
     introductions  and other  statements of a  non-historical  nature.
     Actual  results may differ from  projected  results due to various
     Risk  Factors,   including  Risks  of   Manufacturing   in  China,
     Dependence on Product  Appeal and New Product  Introductions,  and
     Dependence  on Major  Customers,  as set  forth  in the  Company's
     Annual Report on Form 20-F for the fiscal year ended  December 31,
     2003, as filed with the  Securities and Exchange  Commission.  See
     "Item 3. Key  Information  -- Risk Factors" in such report on Form
     20-F.







ABOUT THE WORLD POKER TOUR
--------------------------
WPT Enterprises,  Inc. is a media and entertainment  company principally engaged
in  the  development,   production  and  marketing  of  gaming-themed  televised
programming,  the  licensing  and  sale of  branded  products  and  the  sale of
corporate sponsorships.

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  entertainment  products including  electronic games,
youth  electronics,  video  game  accessories  and  high-tech  toys.  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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