Global Edition

Statement from Seoul Nassau

12.56am 8th December 2008 - Corporate

Mr K S Shim, General Manager of Seoul Nassau Co Ltd, has issued the following statement.

“The Seoul Nassau Golf Ball Company are delighted to announce that their new U.K. sole distributor is Penfold Golf Ltd.

“We were very disappointed at both Sharpe’s Leisure Ltd & Seoul Nassau (UK) Ltd falling into administration over the last 18 months and needed to assure customers that our high quality range balls would still be available in the U.K.

“We had already manufactured many balls for U.K. customers that were sitting in our warehouse that we were unable to ship. We are pleased that Penfold Golf Ltd has been able to take on these balls and that they are now on the high seas and will be delivered in January. We apologize for the delay in delivering these orders but this was not of our making. Genuine Seoul Nassau manufactured golf balls are now only available in the U.K. from Penfold Golf Ltd.

“As the leading golf ball manufacturer within Korea, Seoul Nassau produce only the finest products and provide the best service to meet customer’s demand and will continue to lead the market by our continuous development and investment in New Technology and modern equipment.

“The future supplies of our famous Dura, PC90, RFT & Floater balls are therefore assured. Please contact William Baird or Jim Morris on 0121 250 5745 or email penfoldgolf@live.co.uk for more information.”

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