MacGregor Golf Company Appoints President and CEO Michael Setola
Greg Norman Collection Announces 16th Consecutive Quarter Of Sales Growth
Greg Norman Collection Introduces Two New Innovative Fabric Technologies For Fall 2007
Greg Norman Collection Promotes Jim Annese To Fill New Golf Sales Manager Role
MacGregor Golf Announces Recapitalization Led By Existing Investors
MacGregor Golf Completes Acquisition Of Greg Norman Collection From adidas AG
MacGregor Golf to Acquire Greg Norman Collection; Greg Norman makes large Investment in MacGregor
Greg Norman Collection continues Signature Series for a second consecutive season
Greg Norman Collection Develops New Pant Program
Greg Norman Collection Renews As Golf Retirement Plus Partner
Play Dry Boosts Collection To 11th Consecutive Quarter Of Double-Digit Growth
The Norman Conquests

Greg Norman Collection continues to maintain its position as a global leader of golf-inspired sportswear that combines performance, luxury and style. The 2007 Essentials catalog is part of our commitment, and I am proud to offer the variety of innovative products in the following pages.

Play Dry® continues to drive our success, and this year there are more options than ever. The Play Dry Piqué is available in three additional colors and the Performance Polo is available in a complement end-on-end stripe. The unique Performance Body Mapped Polo returns with an updated color and design.

We have built on the success of our outerwear category by offering men and women a variety of silhouettes that guarantee ultimate pro- tection against the elements. Coordinates featuring our best styles extend beyond outerwear and are available in multiple product areas.

In addition to premier golf-inspired sportswear, our in-stock inventories and unmatched service--which recognizes the unique demands of the corporate market--have established Greg Norman Collection as a leader in the promotional product industry.

As always, I appreciate everyone who supports our efforts. You have my assurance that we will maintain our commitment to this market, which is a strategic piece of our business.

Yours sincerely,
Greg Norman