TORONTO, Canada -- Golf Town Canada Inc. (TSX: GLF.UN), is pleased to announce that its President and CEO, Stephen Bebis, has been selected as the winner of Ernst and Young's 2005 Ontario Entrepreneur of the Year in the Business-to-Consumer Category.

The award was presented at the 2005 Ontario Entrepreneur of the Year Awards Banquet which was held last night at the Metro Toronto Convention Centre.

This award is recognition of Stephen's ambition, dedication and innovation which he has focused towards building the top specialty golf retailer in Canada, the 4th largest golf retailer in the world. In accepting the award, Stephen acknowledged that it reflected the hard work and dedication
of all Golf Town's employees, vendors and business partners in working towards these same goals.

Golf Town was founded in 1998 and is now the largest golf retailer in Canada with 24 stores across the country. Each location consists of approximately 20,000 square feet of brand name golf clubs, bags, apparel, shoes, accessories, CPGA teaching pro services and indoor putting greens. Golf Town Income Fund units are traded on the Toronto Stock Exchange under the
symbol GLF.UN.

For further information: please see www.golftown.com