Callaway Golf to Present at the Ninth Annual ICR XChange Conference

Callaway Golf Company (NYSE:ELY), today announced that the Company
will be presenting at the Ninth Annual ICR XChange Conference on
Wednesday, January 10, 2007 at the St. Regis Monarch Beach Resort &
Spa in Dana Point, CA. The Company's presentation will begin at 9:25
AM Pacific Time.

Investors and interested parties may listen to the webcast of the
Company's presentation by visiting their website at
www.callawaygolf.com, under the investor relations section. A replay
of the conference call will be available approximately one hour after
the conclusion of their presentation. The replay may be accessed
through the Internet at www.callawaygolf.com and will be available
through 9:00 p.m. PST, on Wednesday, January 17, 2007.

Through an unwavering commitment to innovation, Callaway Golf
creates products and services designed to make every golfer a better
golfer. Callaway Golf Company manufactures and sells golf clubs and
golf balls, and sells golf accessories, under the Callaway Golf(R),
Top-Flite(R), Odyssey(R) and Ben Hogan(R) brands. For more information
visit www.callawaygolf.com or www.odysseygolf.com.