Ginn Forms Sports Entertainment Division

June 21, 2006

The Ginn Company, which so successfully ran the LPGA’s Ginn Open earlier this year has formed a Sports Entertainment Division to manage its sports deals.

Ginn is a real estate, architectural design and engineering, resort development and operation and golf course construction and management company.

In addition to putting on the LPGA event, Ginn will sponsor a Champions Tour event beginning late March 2007, with a purse of $2.5 million. Ginn also has endorsement deals with Annika Sorenstam, Cristie Kerr, Lee Janzen and Brian Gay.

Ginn also has sponsored NASCAR drivers and large concerts.

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