Chevron World Challenge presented by Bank of America

THOUSAND OAKS, Calif. (August 18, 2004) - A limited number of daily and weekly tickets are on sale for the sixth annual Target World Challenge presented by Williams, a PGA TOUR co-sponsored event held at Sherwood Country Club in Thousand Oaks, Calif., Dec. 8-12.

Fans can purchase tickets through all Ticketmaster locations, at ticketmaster.com, targetworldchallenge.com or by calling the Target World Challenge tournament office at 714-816-1806.

"We're anticipating another sellout at the Target World Challenge, so we're encouraging fans to purchase their tickets early" Tournament Director Greg McLaughlin said. "Ticket amounts are limited to enhance the experience for each fan, and they always sell quickly."

The best deal is a Weekly Gallery Badge, which can be purchased for $75. The Weekly Gallery Badge is a grounds-only credential for the entire tournament week (Wednesday-Sunday).

Daily Gallery Passes, which are grounds-only passes for individual days, can be purchased for any single day. They are $25 per day on Wednesday, Thursday and Friday, and $35 per day on Saturday and Sunday. Children 12 and under are admitted free if accompanied by a paid adult (limit two children per paid adult).

All general admission parking is free and complimentary pairings guides are available daily on a first-come, first-serve basis.

The Target World Challenge will feature 16 of the world's top golfers competing for their share of the $5 million purse. Defending champion Davis Love III, PGA Championship winner Vijay Singh and tournament host Tiger Woods will head the field that will be determined by the top 11 players (who accept invitations) from the Official World Rankings as of Oct. 3, and four exemptions chosen by the Tiger Woods Foundation.

Tournament week begins with a Pro-Am on Wednesday, Dec. 8, and the four-day tournament begins Thursday, Dec. 9, and continues through Sunday, Dec. 12.

Sherwood Country Club, which opened 15 years ago, is again expected to provide a stern test for golf's top players. Rated as one of the best golf courses in the world, Sherwood Country Club features 1,800 mature oak trees and lush landscaping including waterfalls, jasmine and rose bushes. Scheduled to open in 2005 is the first ever par-3 18-hole golf course and club featuring 14 replicated holes from distinguished Nicklaus courses.

A portion of the tournament proceeds will benefit the Tiger Woods Learning Center and Start Something. Scheduled to open in Spring 2005, the Tiger Woods Learning Center will be an innovative educational facility in Southern California for youth ages 8- to 17-years-old to advance their educational growth. The Learning Center will be staffed by full-time, experienced teachers who will provide instruction in math, science and language arts. For more information, visit www.twlc.org.

Start Something, created by Target Stores and the Tiger Woods Foundation, is a free character education program that encourages kids ages 8 to 17 to identify a specific personal desire or goal and begin taking steps toward achieving their dreams. In the process, kids also identify personal values, interests and talents needed to achieve their dream goal. More than 2 million youths across the country have enrolled in the program since the program's launch in 2000. Teachers and youth group leaders can obtain a ready-to-go curriculum for use with groups by visiting www.Target.com/startsomething. Teachers and children can call 1-800-316-6142 with questions on the Web site or program materials.

About Target Stores
Minneapolis-based Target Stores serves guests at 1,272 stores in 47 states nationwide by delivering today's best retail trends at affordable prices. Whether visiting a Target store or shopping online at Target.com, guests enjoy a fun and convenient shopping experience with access to thousands of unique and highly differentiated items. Target Stores, along with its parent company Target Corporation (NYSE:TGT), gives back more than $2 million a week to its local communities through grants and special programs. Since opening its first store in 1962, Target has partnered with nonprofit organizations, guests and team members to help meet community needs.

Williams (NYSE:WMB), through its subsidiaries, primarily finds, produces, gathers, processes and transports natural gas. Williams' gas wells, pipelines and midstream facilities are concentrated in the Northwest, Rocky Mountains, Gulf Coast and Eastern Seaboard. More information is available at www.williams.com.

Companies joining Target and Williams as supporting sponsors include Dole Food Company, the world's largest producer and marketer of high-quality fresh fruit, vegetables, fresh-cut flowers and a growing line of packaged foods, and Countrywide Home Loans, Inc., headquartered in Calabasas, Calif., a national leader in residential lending with a network of more than 500 offices providing personalized mortgage finance services.

www.targetworldchallenge.com