A game apparatus for causing a player's character controlled by a player to fight against an enemy character within a predetermined game space. The game apparatus includes a storage section for storing data of items held by the respective characters, an item computing section and a character reviving section for reviving a defeated character within the game space under a predetermined condition. The item computing section selects prize items from items held by the defeated character in accordance with a predetermined rule and displays the prize items on a display means. The item computing section adds the prize items to items held by a character who acquires said prize item, subtracts the prize items from items held by the defeated character in accordance with a predetermined rule, and updating the data of items in the storage section according to the results of addition and subtraction.