Article: CALLAWAY GOLF COMPANY AND PAN-WEST EXPAND DISTRIBUTION VENTURE.

(Full text of statement. Contact details below.)

CARLSBAD, Calif. & SINGAPORE--(BUSINESS WIRE)--Oct. 7, 2004--Callaway Golf Company (NYSE:ELY) and Pan-West (Private) Limited jointly announced today the appointment of Pan-West as the distributor for Callaway Golf's Top Flite(R) and Ben Hogan(R) products in China, Taiwan, Singapore, Malaysia and Thailand effective October 15th, 2004. The appointment covers all of Callaway Golf's golf club, golf ball and accessory products sold under the Top-Flite and Ben Hogan brands.

Callaway Golf(R) is the world's foremost maker of premium golf equipment, including Big Bertha(R) woods and irons, Odyssey(R) White Hot(R) ...

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