Subaru Of America, Inc. Named Title Sponsor Of Naples LPGA Memorial

Two-Year Pact Tees Off At The Strand January 17-23, 2000

Subaru of America, Inc., has become the title sponsor of the tournament formerly known as the Naples LPGA Memorial. The Subaru Memorial of Naples -- an LPGA TOUR event -- will be held at The Strand (formerly The Club at Pelican Strand) January 17-January 23, 2000. The sponsorship, which is a two-year agreement, allows Subaru to become the event's first-ever title sponsor.

The sponsorship was jointly announced today by Subaru of America President and Chief Operating Officer George Muller, LPGA TOUR Commissioner Ty Votaw and Tournament General Chairman and Chairman of Naples Capital Group Thomas G. Brown.

The Subaru Memorial sponsorship agreement maintains the strong presence that Subaru has developed in the world of professional golf. Prior to this deal, Subaru was the title sponsor of the now defunct Subaru Sarazen World Open Golf Tournament in 1997 and 1998. Additionally, Subaru continues to be a major supporter of women's sports, with very successful programs like the "Women's Cycling Summits" and the "Master The Mountain" ski program with two-time Olympic Gold medalist Diann Roffe-Steinrotter.

"Subaru has created some very unique partnerships that focus on the growing area of women's sports," said George Muller. "We are extremely excited about the opportunity to develop a strong relationship with the LPGA and are delighted to be associated with a world-class sporting event like the Subaru Memorial."

Tournament Chairman Brown, who was instrumental in bringing the LPGA TOUR back to Naples last year, added, "Everyone associated with this wonderful tournament -- from the staff to the players, from the volunteers to the community sponsors -- welcomes the commitment of this performance-driven company."

Subaru of America, Inc., is a wholly owned subsidiary of Fuji Heavy Industries Ltd., of Japan. Headquartered near Philadelphia, the company markets and distributes Subaru vehicles, parts and accessories through a network of nearly 600 franchised dealers across the United States. All Legacy models sold in the U.S., including the Outback and Outback Sedan, are produced at the company's American manufacturing plant, Subaru-Isuzu Automotive, Inc., near Lafayette, Indiana.