THE GOLF CLUB AT CHELSEA PIERS EXPANDS

New Mezzanine features Two Full Swing Simulators,
Additional Video Analysis Super Station, and New Event Space named after
THE PLAYERS Championship

(New York, NY – July 16, 2003) – The Golf Club at Chelsea Piers today opened THE PLAYERS Championship Room, named after the PGA TOUR’s own premier event held every March at the Tournament Players Club at Sawgrass in Ponte Vedra Beach, FL. The new mezzanine, located on the top floor of the Golf Club, features two Full Swing Simulators - the latest in virtual technology - a brand-new Video Analysis Super Station, and a new special events space with dramatic Hudson River views. To mark the occasion, the Golf Club will be offering exciting contests, demos and promotions during a weeklong open house beginning on July 16th.

The new Full Swing Simulators, which are being introduced for the first time in the New York market, allow customers to simulate a round of golf on 36 different championship courses worldwide. Tracking and graphic systems are so precise that simulated balls bounce off trees, splash in water, bury in sand and respond to terrain just as they would on an outdoor course. The simulators also present a valuable teaching tool for instructors, allowing students who have never been on a golf course to get the feel of playing a full game before attempting an outdoor course.

Due to the continuing increase in the popularity of golf, the Golf Club has also added a brand-new Video Analysis Super Station. The Golf Club already features three Super Stations that are utilized by the Golf Academy for private lessons, clinics, and schools. The teaching professionals at the Golf Club have found Video Swing Analysis to be an extremely popular tool and effective in teaching golfers how to improve their swing.

THE PLAYERS Championship Room is the latest addition of private event spaces at Chelsea Piers. Overlooking the Hudson River and the green of the driving range, it may be utilized for classes, clinics and schools as well as for corporate events, team-building, outings and birthday parties.

“The PGA TOUR is delighted to be part of the Chelsea Piers golf experience by bringing the excitement of one of the PGA TOUR’s greatest events to New York to be showcased,” said Brian Goin, Executive Director of THE PLAYERS Championship. The space will reflect the action of THE PLAYERS Championship through the artwork displayed. The PGA TOUR will add on to the exhibits periodically, telling the story of THE PLAYERS Championship thru the years.

“We are thrilled to announce the grand opening of THE PLAYERS Championship Room,” commented Greta Wagner, General Manager of the Golf Club at Chelsea Piers. “The extra Super Station will prove a valuable tool for the academy which has been experiencing the same growth spurt that the game has over the past several years. We are also thrilled about the simulators. New Yorker’s love golf and the simulators allow NYer’s to now enjoy being out on the course year round. The new event space has already proved very popular. The combination of the artwork from the PGA TOUR and the beautiful views make the space very unique.”

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.

About the PGA TOUR
The PGA TOUR is a tax-exempt membership organization of professional golfers. Its primary purpose is to provide significant competitive earnings opportunities for past, current and future members of the PGA TOUR, Champions Tour and Nationwide Tour; to protect the integrity of the game; to help grow the reach of the game in the U.S. and around the world.

Approximately 120 events are being contested on the three TOURs in 2003, for more than $290 million in prize money. In addition to providing competitive opportunities for its membership, TOUR events also generate significant sums of money for charity. TOUR events have raised nearly $750 million for charity since 1938, the first year such records were kept. The PGA TOUR’s website is www.pgatour.com.