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MacGregor Golf Announces Resignation Of Bobby Grace

June 19, 2008

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Company Will Continue To Market Innovative Putters

ALBANY, Georgia, June 18, 2008 — MacGregor Golf announces today that Bobby Grace has resigned from the company effective immediately.

“We appreciate the work and dedication Bobby gave to the company since it acquired Bobby Grace Putters in 2003 and wish him well in his future endeavors” said Michael Setola, Chief Executive Officer and President, MacGregor Golf Company.

MacGregor Golf retains ownership of all trademarks and other rights associated with Bobby Grace Putters and the name Bobby Grace.

MacGregor will continue to further expand its putter line featuring the category leading DCT technology and feature it in an expanded marketing initiative starting in the Fall of 2008.

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About MacGregor Golf Company

MacGregor Golf, one of the oldest golf companies in the world, has a storied 109-year history filled with innovation and PGA Tour success including a record 59 Majors. Based in Albany, Georgia, MacGregor Golf uses the world’s most advanced technologies to create golf equipment that makes the game easier and more fun for all golfers. Drivers, fairway woods, hybrid utility woods, irons, wedges and putters are marketed under the MacGregor brand. The company also owns Greg Norman Collection, a leading green-grass resource of performance golf apparel including outerwear and accessories.

Contact:
Jennifer Hawkins 203-371-0120 or jennifer@stenderhawkins.com

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