Callaway Golf to Produce Official St Andrews Links Products



    Callaway Golf (NYSE:ELY) today announced that it has agreed to a
    five-year worldwide license with St Andrews Links to develop a dual
    branded range of golf accessories.

    The groundbreaking partnership, brokered by Copyright Promotions
    Sport on behalf of St Andrews Links, will allow the world famous St
    Andrews Links marque to appear on a range of Callaway Golf products
    and will directly benefit all seven courses managed by the Trust.
    Purchases of official merchandise will contribute directly to the
    preservation and maintenance of the links, including the historic Old
    Course.

    Official St Andrews Links products by Callaway Golf will include
    golf balls, putters, wedges, golf bags, headcovers, umbrellas, golf
    towels, divot tools, headwear and luggage. In addition to featuring
    both the St Andrews Links and Callaway Golf logos, the specially
    packaged products - available worldwide - will feature evocative
    imagery of the Home of Golf.

    "This is a significant agreement for both St Andrews Links and
    Callaway Golf that, ultimately, will benefit the outstanding work the
    Trust does in maintaining the Home of Golf," said George Fellows,
    President and CEO, Callaway Golf. "The St Andrews Links name is known
    around the world and stands for a commitment to quality, excellence
    and enjoyment of golf. Callaway Golf shares these same values, which
    is why it is completely fitting, and an honour, that Callaway Golf
    products should bear the St Andrews Links marque."

    Alan McGregor, General Manager of St Andrews Links said "This is
    an important agreement for St Andrews Links which will strengthen our
    already excellent working relationship with Callaway Golf. As one of
    the world´s leading equipment manufacturers Callaway Golf operates to
    the highest standards. We share this commitment at the Home of Golf
    and I believe this collaboration will create an outstanding range of
    products for golfers around the world."

    The agreement builds on a strong relationship between the two
    organizations. Callaway Golf was previously appointed Official Golf
    Ball Supplier to St Andrews Links, as well as exclusive supplier of
    hire sets, loan shoes and range balls. Callaway Golf is also in the
    state-of-the-art St Andrews Links Golf Academy Custom Fit Centre, and
    is a major supporter of the St Andrews Links Junior Golf Association.

    About St Andrews Links

    St Andrews Links Trust is a charitable organization responsible
    for the management and maintenance of the Links courses at St Andrews,
    including the famous Old Course, host of the 2010 Open Championship.
    The Trust was established in 1974. It employs more than 200 permanent
    staff and seasonal workers during the high season. It manages a number
    of additional facilities including two clubhouses, a golf practice
    centre and three shops.

    More than 200,000 rounds are played over six public courses, which
    feature two additional championship courses (the New and the Jubilee),
    two 18-hole courses (the Eden and the Strathtyrum) and a nine-hole
    course (the Balgove). A seventh course, The Castle Course, is under
    construction on a site to the south-east of St Andrews.

    About Callaway Golf

    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), Odyssey(R), Top-Flite(R), and Ben Hogan(R) brands in more
    than 110 countries worldwide. For more information please visit
    www.callawaygolf.com or www.shop.callawaygolf.com.