MANCHESTER, NH. – Jan. 8, 2005 – Element 21 Golf Company (the "Company") (OTC BB: EGLFE) has announced that its request to the Hearings Panel, designated by the NASD Board of Governors, for continued listing on the OTC Bulletin Board has been granted.

As a result of the panel's action, the Company's symbol has been changed back to (OTC BB: EGLF) by deletion of the character "E" from the end of the symbol.

President and Director Nataliya Hearn, Ph.D., stated, "We are very pleased with the panel's decision and believe that the availability of trading on the OTC Bulletin Board is a benefit to our investors. We will continue to work towards building value in our Company for our investors."

Contact:
Jim Morin
(949) 340-3861
Email: jmorin@e21golf.com

Source: Element 21 Golf Co.