The Wait Is Over: Callaway Golf FT-i, FT-5 Drivers Available at Retail Tomorrow

After nearly six months of buzz and anticipation, the latest
drivers featuring Callaway Golf's (NYSE:ELY) proprietary Fusion
Technology will be available tomorrow, Thursday, February 15, at golf
retail locations across the country.

The Callaway Golf(R) FT-i(TM) and FT-5(TM) Drivers have been the
talk of the golf equipment world since word of their development
leaked out last fall. The FT-i Driver has drawn tremendous attention
for its unique square clubhead - featuring Complete Inertial Design
for a higher total moment of inertia - and the remarkably straight
drives it produces, making it quite possibly the World's Straightest
Driver.

The FT-5, a more traditionally-shaped driver with 50 grams of
discretionary weight to help better control tee shots, was named
Editor's Choice on the prestigious Hot List published in this month's
issue of Golf Digest. The FT-5 Driver also was in Phil Mickelson's bag
when he won last weekend's AT&T Pebble Beach National Pro-Am by five
shots, matched the tournament record at 20 under par and missed just
one fairway in the final round.

"I've never had this kind of feeling on the tee box," Mickelson
said. "I'm not worried about if it's going to go left or go right. I'm
just so comfortable right now. There's a whole different center of
gravity, MOI, all that technical stuff. It's not because of anything
with my swing, but that the club just performs well."

The new FT-i Driver has a manufacturer's suggested retail price of
$625; the FT-5 Driver has an MSRP of $535 for the standard model and
$565 for the Tour version. To learn more and to find an authorized
Callaway Golf retailer near you, please visit www.callawaygolf.com.

About Callaway

Through an unwavering commitment to innovation, Callaway Golf
Company 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.