Ginn Championship Hammock Beach Resort

Ginn Sports Entertainment LLC announced today that Ginn Clubs & Resorts will sponsor and stage one of the richest events on the Champions Tour in 2007, the inaugural Ginn Championship at Hammock Beach in Palm Coast, Fla. The announcement was made by Ginn Clubs & Resorts President Bobby Ginn and Champions Tour president Rick George.

The inaugural Ginn Championship at Hammock Beach will be played March 26-April 1, 2007 and will feature a $2.5 million purse, with $375,000 awarded to the winner. The event will take place the week before the Masters, and two weeks before the LPGA Ginn Clubs & Resorts Open in Reunion, Fla.

In 2006, only the U.S. Senior Open has a larger purse at $2.6 million than the Ginn Championship.

"The growth of our golf resort and real estate communities is certainly linked to the growth and popularity of the game of golf and the PGA TOUR," said Bobby Ginn, President and CEO of Ginn Clubs & Resorts. "Hosting the world's best golfers in high-profile tournament competition at Ginn Clubs & Resorts properties is consistent with our goal of creating a unique, family environment and special memories for our members and guests."

"Ginn Sports Entertainment is extremely pleased to announce its expanded sponsorship of professional golf tournaments and our new relationship with the PGA TOUR," said Kent Atherton, President & COO of Ginn Sports Entertainment LLC. "The Ginn Clubs & Resorts Open at Reunion Resort & Club established a new standard of excellence on the LPGA Tour and we are excited to create the same production values and event experience for fans of the Champions Tour."

"The Ginn Company has quickly become a major player in the golf development business and we are looking forward to partnering with them on the Ginn Championship at Hammock Beach Golf Club," said Champions Tour president Rick George. "The players will enjoy playing the Tom Watson-designed golf course as well as the Hammock Beach area, which offers beaches, resorts, great golf courses and a number of other amenities. We'll have a great field. The Ginn Championship at Hammock Beach Golf Club is a terrific addition to the 2007 Champions Tour schedule."

The Champions Tour continues to grow in popularity and the class of 2007 will see the addition of Mark O'Meara and Nick Price to the great fields that include Tom Watson, Tom Kite, Curtis Strange, Jay Haas, Loren Roberts, Hale Irwin, Greg Norman, Peter Jacobsen, Craig Stadler, Jerry Pate, Larry Nelson, Fuzzy Zoeller and the recently turned 50 Fred Funk to name a few.

Located in Palm Coast, a few miles south of St. Augustine, Fla., the Conservatory at Hammock Beach features Tom Watson's second golf course design in Florida. His first is at another Ginn community, Reunion Resort & Club of Orlando.

In addition to The Conservatory, Hammock Beach features The Club at Hammock Beach, a 12- story, $150 million resort that is situated on more than two miles of oceanfront. The five-year agreement between Ginn Clubs & Resorts and the Champions Tour ensures that a first-class professional championship to highlight the game's greatest players will be located at Hammock Beach in Northeast Florida for years to come.