27.03.2006 18:08:00

Callaway Golf Extends Endorsement Agreement with Reigning U.S. Open Champion Michael Campbell

Callaway Golf Company (NYSE:ELY) today announced that ithas re-signed European PGA Tour player Michael Campbell to amulti-year contract. Campbell, who captured his first majorchampionship when he won the U.S. Open at Pinehurst last year andfinished second on the European Tour Order of Merit, will endorseCallaway Golf woods, irons and golf balls, carry a Callaway Golflogoed bag and wear the Company's logo on his hat.

Campbell, who recently turned 37, will continue to play the newscience of distance with accuracy in the Big Bertha(R) Fusion(R)FT-3(TM) Driver. He also uses a Big Bertha Heavenwood 3H Hybrid,Callaway Golf X-Tour(TM) Irons (3-9) and Forged+ Wedges. Like many ofhis fellow Callaway Golf staffers, the New Zealand native has switchedto the improved HX.Tour Golf Ball for 2006.

"Last year was such an amazing experience for me personally," saidCampbell, who also won the HSBC World Match Play Championship in 2005."It helped a great deal that I had so much confidence in my equipment-- especially my driver and golf ball. It's no secret on tour thatCallaway makes the most technologically superior equipment in thegame. That had a tremendous amount to do with the success I enjoyedlast season, and I am extremely happy to be continuing my relationshipwith Callaway Golf."

In addition to becoming the first New Zealander to win a majorsince Bob Charles in 1963, Campbell finished T5 at the OpenChampionship, T6 at the PGA Championship, and recorded five other Top10 finishes last year. Since turning professional in 1993, Campbellhas won 15 times worldwide. He has twice played in the President's Cupand owns a 3-2-2 career record.

Through an unwavering commitment to innovation, Callaway Golfcreates products and services designed to make every golfer a bettergolfer. Callaway Golf Company manufactures and sells golf clubs andgolf balls, and sells golf accessories, under the Callaway Golf(R),Top-Flite(R), Odyssey(R) and Ben Hogan(R) brands. For more informationvisit www.callawaygolf.com.

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