PRESS RELEASE

March 7, 2005

Bridgestone Sports Initiates Patent Infringement Action Against The Acushnet Company

Titleist's Leading Golf Balls Allegedly Infringe Upon Several Bridgestone-owned U.S. Patents

Covington, Ga. — On March 7, 2005, Bridgestone Sports Co., Ltd., and its wholly owned subsidiary, Bridgestone Golf, Inc., filed a patent infringement lawsuit against the Acushnet Company in the United States District Court for the District of Delaware. Bridgestone Sports is currently the leading golf ball manufacturer in Japan with a 40% share of that market, and Acushnet remains the leader in the U.S. golf ball market.

In the complaint, Bridgestone Sports charges Acushnet with willful infringement of ten United States patents from Bridgestone Sports' extensive patent portfolio covering multi-piece solid core golf ball technology. Among the Acushnet balls charged with infringement are: Titleist® Pro V1™, the Titleist® Pro V1x™, the Titleist® NXT™, Titleist® NXT Tour, the Titleist® DT SoLo, and the Pinnacle® Exception™ golf balls.

Bridgestone Sports is seeking an injunction against Acushnet from infringing upon the company's patents and for unspecified compensation for damages that have occurred as a result of past infringement. In addition, Bridgestone Sports seeks a declaratory judgment of non-infringement with respect to four United States patents owned by Acushnet.

"During the course of several months of negotiations with Acushnet, we attempted to settle this dispute; however, when negotiations failed, Acushnet left us with no other course of action, but to file suit," said Mr. Kawano, President, Bridgestone Sports Co., Ltd. "We remain hopeful that this matter can be settled, but in the meantime, we must protect our intellectual property rights. We will do so passionately and we are committed to see this matter to the end, in order to properly remedy the infringement."

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Bridgestone Sports, together with its U.S. subsidiary, Bridgestone Golf, Inc., located in Covington, Georgia, develops, manufactures and sells premium golf products, including Bridgestone Golf™, Precept® and TourStage® golf balls. Bridgestone is represented on a world stage by a number of internationally famed golfers including, Stuart Appleby, Shigeki Maruyama and Nick Price. Bridgestone Golf, Inc. is a wholly owned subsidiary of Bridgestone Sports Co. Ltd., whose headquarters are in Tokyo.

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Bridgestone Golf, Inc., based in Covington, GA, manufactures and markets premium golf balls, clubs and accessories under the Bridgestone and Precept brand names. Bridgestone is represented on a world stage by a number of internationally famed golfers including
Fred Couples, Charles Howell III, Matt Kuchar and Brandt Snedeker. Bridgestone Golf, Inc. is a wholly owned subsidiary of Bridgestone Sports Co. Ltd., whose headquarters are in Tokyo.