CARLSBAD, Calif-Sept. 27, 2004--Henrik Stenson, who plays a variety of products from the Callaway Golf (NYSE:ELY) family of brands, including the remarkable Callaway Golf ERC(R) Fusion(R) Driver, shot four rounds in the 60s at the European Tour's The Heritage Tournament at the Woburn Golf & Country Club's Duke's Course to earn his second European PGA Tour victory on Sunday.

Stenson, a Top-Flite Golf(R)/Ben Hogan(R) Staff Professional held
the 54-hole lead and birdied four of the final five holes to win by
four strokes. Stenson, who ranks 10th in overall driving on the
European Tour, was joined in his choice of driver by four of the top
nine finishers (and ties) who also used the ERC Fusion Driver.

The ERC Fusion Driver has a unique design and composition that
allows Callaway Golf engineers to reposition 45 grams of weight - more
than any competing driver - to give golfers more opportunities to hit
longer and straighter drives more often. In addition to the ERC Fusion
Driver, Stenson also plays Callaway Golf Steelhead(R) X-16(R) Irons,
an Odyssey(R) White Hot(R) 2-Ball Putter and the Top-Flite Company's
Strata(R) Tour Ace(R) Golf Ball.

Odyssey putters continue to dominate on the European
circuit. In addition to the winner, eight of the top 13 finishers used Odyssey
putters, which were the preferred choice of more than half of the
tournament field with 70 in play. Year-to-date, Odyssey putters have
posted 21 wins, more than any other brand of putter.

Tour results are through the week ending 09/26/04 and reflect data
from the European PGA Tour. Source: Sports Marketing Survey, Ltd. and
Darrell Survey Company. Callaway Golf Company makes and sells Big
Bertha(R) Woods, Hybrids and Irons, including ERC(R) Fusion(R) Drivers
and Fairway Woods, Great Big Bertha(R) II Titanium Drivers and Fairway
Woods, Great Big Bertha II 415 Titanium Drivers, Big Bertha Titanium
Drivers and Big Bertha Stainless Steel Fairway Woods, Big Bertha
Heavenwood(R) Hybrids, Hawk Eye(R) VFT(R) Tungsten Injected(TM)
Titanium Irons, Big Bertha Stainless Steel Irons, Steelhead(R) X-16(R)
and Steelhead X-16 Pro Series Stainless Steel Irons, the Game
Enjoyment System(TM) of GES(TM) Golf Clubs, Callaway Golf Forged+
Wedges and Callaway Golf Forged Wedges, and Callaway Golf Tour
Blue(TM) Putters. Callaway Golf Company also makes and sells
Odyssey(R) Putters, including White Hot(R), TriHot(R), DFX(R), Dual
Force(R) and 2-Ball Putters. Callaway Golf Company makes and sells the
Callaway Golf(R) HX(R) Tour Balls, HX Blue and HX Red Balls, Big
Bertha(TM) Blue and Big Bertha Red Balls, and the Warbird(R) Balls.
Callaway Golf also owns and operates The Top-Flite Golf Company, a
wholly owned subsidiary that includes the Top-Flite(R) and Ben
Hogan(R) brands and Bettinardi Putters. The Trade In! Trade Up!(TM)
program is owned and operated by Callaway Golf Company. For more
information about Callaway Golf Company, please visit our websites at
www.callawaygolf.com,
www.topflite.com,www.odysseygolf.com
and
www.tradeintradeup.com.

CONTACT: Callaway Golf Company
Larry Dorman or Mike Galeski, (760) 931-1771