WotC/TSR purchase completed

FOR IMMEDIATE RELEASE

WIZARDS OF THE COAST COMPLETES ACQUISITION OF TSR INC.

June 3, 1997 (Renton, Wash.)--Wizards of the Coast Inc. today announced the
completion of its acquisition of TSR Inc., finalizing a transaction that
began in April when the two leaders of the adventure gaming industry
announced the signing of a letter of intent. Both companies are privately
held, and financial terms of the deal are not being disclosed. A product and 
employee integration plan is currently being developed and details will be
announced at a later date.   

Wizards of the Coast is the publisher of the world's best-selling trading
card game, Magic: The Gathering(R). Lake Geneva, Wis.-based TSR is the
publisher of the world-renowned adventure game Dungeons & Dragons.   

Peter Adkison, president and CEO of Wizards of the Coast, commented, "I am
personally and professionally thrilled with the finalization of this
agreement. The Dungeons & Dragons legacy has dominated the adventure
roleplaying game category for more than 22 years, and we are thrilled to be
new providers to its enormous worldwide audience."   

Founded in 1975, TSR rose to a market leadership position that endures today 
with the introduction of Dungeons & Dragons. The internationally famous game 
further generated a wide variety of best-selling adventure and roleplaying
games and merchandise, including the New York Times best-selling book
series, Dragonlance(R). The game Dungeons & Dragons was featured in an early
scene of the 1982 Steven Spielberg hit movie, E.T.: The Extra-Terrestrial.

   Wizards of the Coast is a privately held game company that publishes the
world's best-selling trading card game, Magic: The Gathering. Headquartered
outside ofre board games, with
top-selling titles such as the BattleTech(R) TCG and RoboRally(R). Wizards of
the Coast also has international offices in Antwerp, Paris and London. For
more information on Wizards of the Coast, visit the company's website at
<http://www.wizards.com> or its CompuServe forum at <GO WIZARDS>.

   WIZARDS OF THE COAST, Magic: The Gathering and RoboRally are registered
trademarks of Wizards of the Coast Inc. Dungeons & Dragons and Dragonlance
are registered trademarks of TSR Inc. BattleTech is a registered trademark
of FASA Corporation. The BattleTech universe is owned by FASA Corporation
and used under license. (C)1997 Wizards of the Coast Inc.   

[A FAQ for questions that we can now answer, such as what is being planned
for immediate release, relocation, etc., is in progress and will be posted
as soon as it is an organized state.] 


Good gaming!
-- 
Sean Reynolds, TSR Online Coordinator
TSRinc@???.com | AOL: keyword TSR | http://www.tsrinc.com