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NEWS RELEASES

ROUNDS REMAIN UP YEAR-TO-DATE

[October 31, 2006] -- Same-store rounds played are up 0.9% for the year, even though another decline was recorded in September (down 2.3%). The Mid-Atlantic region, with a notable decrease in play days in September, had the largest decrease, down 11.4%. The Gulf Coast had the highest increase, no doubt due to the twin hurricanes of last year (Katrina on August 29 and Rita on September 24).

Rounds Played, 2006 vs. 2005
Source: NGF/Allied Golf Associations

  September    Year-To-Date
Total U.S. facilities -2.3% 0.9%
     
Private Clubs -4.4% 0.8%
Total Public Courses -1.8% 0.9%
Public Courses:
  Premium -2.1% -0.2%
  Standard -1.5% 1.2%
  Value -1.9% 1.0%
     
Region
Northeast -5.9% -1.4%
Mid-Atlantic -11.4% 0.7%
Southeast 4.2% 5.1%
Central/South Florida 0.1% 2.6%
Gulf Coast 11.8% 4.6%
South Central 6.8% 1.8%
Lower Midwest -4.3% 0.0%
Upper Midwest -7.7% 1.3%
Mountain -3.1% 0.8%
Southwest 1.6% -1.1%
Northwest 3.4% 0.0%


Public facilities fall into one of three categories based on peak season weekend green fees with cart:
Premium (High) - Above $70
Standard (Middle) - $40-$70
Value (Low) - Below $40

Year-to-date 2006 vs. 2005
Year-to-date Rounds

About the NGF
The National Golf Foundation, founded in 1936, is the industry leader in providing accurate information and insights on the business of golf. Based in Jupiter, Fla., the NGF serves many constituencies in the golf industry including equipment manufacturers; builders and developers; facilities and ranges; course architects; retailers; turf maintenance suppliers; golf associations and the media.


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