TROON GOLF NAMES RYAN WALLS AND KURT MICHELSEN TO SENIOR VP POSITIONS

Posted on May 11, 2007

Professionals Contribute More Than 38 Years of Combined Experience in the Golf Industry

Scottsdale, Ariz. - Troon Golf,® the leader in upscale golf course management, development and marketing is pleased to announce Ryan Walls' return to its corporate headquarters in Scottsdale, Ariz. as Senior Vice President, Operations. Walls' previous position was Senior Vice President, Australia-Pacific and was based internationally in the Brisbane office. In his new position, Walls will be responsible for the company's key equity assets, operational compliance and retail, as well as overseeing a portfolio of properties.

Walls is a PGA member with nearly 20 years of experience in the golf industry and began working for Troon Golf in 1996. Before moving to Australia in 2004, Walls held the position of Vice President, Operations, overseeing numerous Troon Golf facilities from the corporate headquarters.

Additionally, Kurt Michelsen has been promoted to Senior Vice President and Managing Director, Troon Golf Australia Pacific. Kurt will be based in the Brisbane office and will supervise all of Troon Golf's Australia-Pacific Operations including Asia.

Michelsen has over 18 years of experience in the golf industry with more than 15 years in Asia. During this time, he has held four general manager positions at key properties in Asia, including Mission Hills Resort and Hutchison Whampoa Property Group, Dongguan in China, and Phoenix Seagaia Resort in Japan. He was also an advisor to Goldman Sachs Real Estate Asset Management in Tokyo, which was comprised of 96 golf courses.

"We are extremely excited to welcome Ryan back to our corporate headquarters and look forward to leveraging the experience he's gained working internationally these last several years." stated Hud Hinton, president and COO, Troon Golf. "Additionally, we know Kurt will add a lot of value to our Australia-Pacific operations by virtue of his long operating history in that part of the world."

Both Wall's and Michelsen will work to strengthen Troon Golf's strategic planning efforts to position the company for continued growth in Australasia.

Headquartered in Scottsdale, Arizona, Troon Golf is the world's largest golf management company, overseeing operations at more than 185 courses located in 31 states and 23 countries. Additionally, 38 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include Sandpines Golf Links, Florence, Ore.; The Westin Turnberry Resort, Ayrshire, Scotland; Classic Club, Palm Desert, Calif.; Troon North Golf Club, Scottsdale, Ariz.; Haig Point, Daufuskie Island, S.C.; Monte Rei Golf & Country Club, Algarve, Portugal; Palmilla Golf Club, Los Cabos, Mexico; Abu Dhabi Golf Club, Abu Dhabi, UAE; and The Grove, London, England.

Scottsdale, Ariz. - Troon Golf,® the leader in upscale golf course management, development and marketing is pleased to announce Ryan Walls' return to its corporate headquarters in Scottsdale, Ariz. as Senior Vice President, Operations. Walls' previous position was Senior Vice President, Australia-Pacific and was based internationally in the Brisbane office. In his new position, Walls will be responsible for the company's key equity assets, operational compliance and retail, as well as overseeing a portfolio of properties.

Walls is a PGA member with nearly 20 years of experience in the golf industry and began working for Troon Golf in 1996. Before moving to Australia in 2004, Walls held the position of Vice President, Operations, overseeing numerous Troon Golf facilities from the corporate headquarters.

Additionally, Kurt Michelsen has been promoted to Senior Vice President and Managing Director, Troon Golf Australia Pacific. Kurt will be based in the Brisbane office and will supervise all of Troon Golf's Australia-Pacific Operations including Asia.

Michelsen has over 18 years of experience in the golf industry with more than 15 years in Asia. During this time, he has held four general manager positions at key properties in Asia, including Mission Hills Resort and Hutchison Whampoa Property Group, Dongguan in China, and Phoenix Seagaia Resort in Japan. He was also an advisor to Goldman Sachs Real Estate Asset Management in Tokyo, which was comprised of 96 golf courses.

"We are extremely excited to welcome Ryan back to our corporate headquarters and look forward to leveraging the experience he's gained working internationally these last several years." stated Hud Hinton, president and COO, Troon Golf. "Additionally, we know Kurt will add a lot of value to our Australia-Pacific operations by virtue of his long operating history in that part of the world."

Both Wall's and Michelsen will work to strengthen Troon Golf's strategic planning efforts to position the company for continued growth in Australasia.

Headquartered in Scottsdale, Arizona, Troon Golf is the world's largest golf management company, overseeing operations at more than 185 courses located in 31 states and 23 countries. Additionally, 38 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include Sandpines Golf Links, Florence, Ore.; The Westin Turnberry Resort, Ayrshire, Scotland; Classic Club, Palm Desert, Calif.; Troon North Golf Club, Scottsdale, Ariz.; Haig Point, Daufuskie Island, S.C.; Monte Rei Golf & Country Club, Algarve, Portugal; Palmilla Golf Club, Los Cabos, Mexico; Abu Dhabi Golf Club, Abu Dhabi, UAE; and The Grove, London, England.

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