SRIXON® AND THE GOLF CLUB AT CHELSEA PIERS AGREE
TO MULTI-YEAR PARTNERSHIP
Tri-State Area Golfers To Practice and Take Lessons
With Srixon Golf Balls and Golf Clubs

(ATLANTA, Ga., and NEW YORK, N.Y., May 16, 2003) — Srixon Sports, a world leader in golf ball and golf club technology, has agreed to become the Official Golf Ball and Golf Club of The Golf Club at Chelsea Piers, voted by Golf Magazine as one of golf's 50 Coolest Places in the World.

During this multi-year deal, Srixon will supply The Golf Club with balls for use on the practice range, and outfit the Golf Academy with Srixon clubs for golfers taking lessons. Also, Tom Sutter, head professional at The Golf Club at Chelsea Piers, and his 13 member teaching force will wear Srixon shirts and headgear. The Golf Club at Chelsea Piers is widely recognized as the premier golf driving range and teaching facility in the United States.

“The Golf Club at Chelsea Piers represents the finest in practice and teaching facilities in the United States, and we’re eager for the golfers of New York, New Jersey and Connecticut to experience Srixon golf ball and golf club technology,” said Richard Stamper, Srixon’s Chief Operating Officer. “Being the official ball and club partner of The Golf Club at Chelsea Piers will have a significant impact, exposing many new golfers to Srixon products. Srixon is the number one brand in several categories in Japan, the world’s second largest golf market. It’s exciting to have this opportunity to bring our products to the premier city in the world’s largest market.”

“We strive to create an unsurpassed golf experience at The Golf Club at Chelsea Piers,” said Greta Wagner, General Manager of The Golf Club at Chelsea Piers. “We’re excited about the product technology that Srixon will bring to patrons of The Golf Club and the Golf Academy; Srixon will indeed offer the opportunity for us to put the latest technological innovations on the range and in the hands of Manhattan and tri-state area golfers.”

Srixon offers every piece of equipment for a golfer’s bag. A range of premium golf balls and golf clubs for different types of players and launch conditions highlight the company’s offerings. The golf ball line-up includes the Hi-Brid® Tour, Pro UR, Hi-Spin and Soft Feel. Under its XXIO® brand, Srixon offers revolutionary performance in its XXIO 350cc and XXIO 305cc drivers and XXIO irons. And the Srixon I201® forged irons have been added to the bags of many Tour pros, including PGA Tour professional Robert Allenby. Karrie Webb, Tom Lehman, Thomas Bjorn, Fuzzy Zoeller, Shingo Katayama, Alex Cjeka, Laura Davies, Miguel Angel Jimenez, Kelly Robbins, Isao Aoki and Mark Lye are among the 80-plus pros worldwide playing Srixon. Srixon also offers a line of putters, bags, gloves, umbrellas and headwear for golfers interested in extending their personal line of Srixon products.

About SRIXON Sports USA, Inc., and Sumitomo Rubber Industries
SRIXON Sports USA, Inc., based in Norcross, Ga., has been distributing premium golf balls and equipment in the U.S. since 1997. It is a subsidiary of Sumitomo Rubber Industries (SRI), which has the No. 1 driver, No. 1 iron and No. 1 golf ball in Japan, the world’s second largest market. SRI is the No. 1 ball patent holder in the world and manufactures several golf balls and golf clubs played in the United States. SRI-made balls have won 73 PGA Tour events since 1989, including seven majors. For more information about SRIXON please visit www.srixon.com.

About The Golf Club at Chelsea Piers
As America's most technologically-advanced driving range and teaching center, the Golf Club at Chelsea Piers features 52-heated and weather-protected hitting stalls on four levels, a computerized automatic ball tee-up system, a 200-yard, net-enclosed artificial turf fairway with distinct greens and hazards and the on-site Golf Academy, a high-tech, 2,000-square-foot indoor teaching center. Manhattan's only year-round, outdoor driving range, The Golf Club at Chelsea Piers offers golfers the unique opportunity to hit full shots, practice their short game, take lessons with top PGA and LPGA teaching professionals, and enjoy the ambiance of a riverside country club without ever leaving the city. For more information about The Golf Club at Chelsea Piers please visit www.chelseapiers.com.