TRUE TEMPER ENTERS THE HOCKEY MARKET

Memphis, TN - August 23, 2000 - True Temper Sports, Inc. announced their entry into the hockey market today with the introduction of the Christian DiamondLite™ composite shaft. Developed in partnership with Christian Brothers, Inc. of Warroad, MN, this shaft utilizes advanced materials and design concepts that are new to the industry.

The DiamondLite™ composite shaft features the strength of Kevlar® in combination with lightweight carbon fiber composite. Kevlar® is used in many products needing high impact strength and cut resistance such as bulletproof vests, anti-mine boots, and Space Shuttle air tanks. The DiamondLite™ features DuraTip™ reinforcement - an extra diamond shaped layer of Kevlar® at the tip for greatly improved durability. The shaft has distinctive graphics and weighs just 295 grams in a 48-inch length.

"The DiamondLite™ is igniting excitement at all levels of play," says Bill Christian of Christian Brothers. "It has the feel of wood in a composite shaft. Within days of having the first prototypes on the ice, we had people calling to place orders." Andrew York, Director and General Manager of True Temper's Performance Tubing Division adds, "The marriage of our shaft technology with the OEM's knowledge of the player and stick design has created the ultimate hockey shaft."
True Temper Sports is the leading manufacturer of golf shafts in the world and is consistently the number one golf shaft on tour. The Performance Tubing Division - more -
markets an extensive line of tubing products for the bicycle, hockey and other recreational industries, partnering with multiple OEMs in the sporting goods industry. True Temper products are recognized and sold in over thirty countries throughout the world. True Temper employs over 800 people in seven facilities located in the United States, Europe, Japan and Australia.