WHAT'S NEW

Seller of Counterfeit Mitsubishi Rayon Shafts Stopped

- MRC GOLF Press Release - June 24, 2008

Carlsbad, CA - MRC GOLF, Inc. announced that a distributor of Mitsubishi Rayon counterfeit graphite shafts has agreed to stop selling Mitsubishi Rayon product. Settlement for an undisclosed amount in damages was agreed upon out of court. The unnamed distributor was distributing both counterfeit and authentic shafts including Diamana.

"We have worked very hard to develop premium products and a distribution network that consumers can trust. Unauthorized distribution of counterfeit product in the market is very damaging to this mission." said Hikaru Shiraishi, VP of MRC GOLF, Inc.

The distributor was located in southern California and admitted to acquiring Mitsubishi Rayon branded products from overseas sources. "We will continue to monitor the market and work to prevent unauthorized distribution of products to protect both the end consumer and our distributors. However, the best way for consumers to be sure they are getting authentic products is to buy from an authorized dealer." said Mark Gunther, Director of After Market Sales in North America. A list of authorized dealers of Mitsubishi Rayon graphite shafts can be found on line at www.mitsubishirayongolf.com.

ABOUT MITSUBISHI RAYON GOLF SHAFTS
MRC GOLF, INC. is a wholly owned subsidiary of Mitsubishi Rayon Co., LTD., dedicated to designing and developing the world's finest composite golf shafts in performance and quality. MRC GOLF leverages their own resources and raw materials (vertical integration), which gives them a competitive advantage. Over the years, MRC GOLF has been a leading supplier of premium composite golf shafts worldwide. With many of the world's best players using Mitsubishi Rayon golf shafts, MRC GOLF has established itself as a dominant force in the golf industry.

ABOUT MITSUBISHI RAYON
Mitsubishi Rayon Co., LTD. was established in 1933 as a manufacturer of rayon fibers. Since then, the company's interests have diversified to include specialized chemicals, plastics, and other synthetic fibers. Through continuous design and innovation, MRC has expanded its business focus into other areas that include resin systems, carbon fibers and composite materials, and a variety of other specialty products, including composite golf shafts. MRC's vertical integration advantage, the ability to design, develop and manufacture any combination of resins and fibers, sets them apart from their competition and gives them a competitive advantage. Today, MRC is recognized as the world leader in manufacturing and supplying carbon fiber and composite materials for performance based sporting goods applications.

For additional information: www.mitsubishirayongolf.com or
Contact: info@mrc-golf.com
Telephone: (760) 929-0001