The Presidents Cup, Greg Norman Provide $150,000 (US) To Aid Queenslanders Affected By Devastating Floods In Australia

Funds to assist victims of worst natural disaster in Queensland's history

Melbourne, Victoria, AUS - The PGA TOUR today announced a $150,000 (US) donation on behalf of The Presidents Cup and International Team Captain Greg Norman to the Premier's Disaster Relief Appeal, launched to help Queenslanders affected by the recent floods. Flooding has submerged thousands of homes and forced unprecedented evacuations; since November 30, 2010, a total of 35 people are confirmed to have perished in flood-related incidents, with at least nine more victims listed as missing.

Norman: "I truly appreciate the PGA TOUR joining me in making this contribution and extend my heartfelt gratitude for all those who have contributed to the relief efforts."

"It has been incredibly difficult to watch the pain and suffering caused by the recent floods in Australia. Our thoughts and prayers are with all who have been impacted by this disaster," said PGA TOUR Commissioner Tim Finchem. "We applaud Greg Norman for his partnership, and together, we hope this donation will provide some relief to those who are going through such a terrible time."

"I witnessed the floods of 1974, which at the time were devastating, but pale by comparison to the current tragedy in Queensland," said Norman. "As a born and bred Queenslander, my heart goes out to all that have been affected by the recent floods, but know from the resiliency, determination and deep inner strength and spirit of the people of my home state, that they will rise above the tragedy and rebuild their lives and return to the peaceful harmony that only Queensland can give. I truly appreciate the PGA TOUR joining me in making this contribution and extend my heartfelt gratitude for all those who have contributed to the relief efforts."

In addition to Norman, 22 Australians play on the PGA TOUR, by far the largest contingent of international players, including Robert Allenby, Stuart Appleby, Aaron Baddeley, Jason Day, Steve Elkington, Geoff Ogilvy and Adam Scott. Elkington pledged support to the flood relief efforts by earmarking $1,000 per birdie he made during the Bob Hope Classic. He totaled 24 birdies, which equates to a $24,000 donation to the Premier's Disaster Relief Appeal.

Making a positive impact on the communities where PGA TOUR tournaments are held and players live is the driving force behind the TOUR's charitable mission. In 2009, the PGA TOUR donated $100,000 (AUS) on behalf of The Presidents Cup to the Victorian Bushfire Appeal, a fund organized to assist individuals and communities affected by devastating fires in Victoria, Australia.

Players are not personally paid for their participation in The Presidents Cup; there is no purse or prize money. Each competitor, instead, designates charities or golf-related projects of his choice to receive a portion of the funds raised through the staging of each Presidents Cup. On behalf of the players, captains and captains' assistants, more than $4.2 million was distributed to charitable causes from The Presidents Cup 2009. Additional donations were made to The First Tee of San Francisco and the Victorian Bushfire Appeal in 2009. With today's announcement included, more than $23 million has been raised for charity since the inception of The Presidents Cup in 1994.

The Presidents Cup will return to Melbourne, Victoria, Australia, November 15-20, 2011, where it will be played at Royal Melbourne Golf Club. For more information about The Presidents Cup, please visit www.presidentscup.com.

About The Presidents Cup

The Presidents Cup, a team match play competition featuring 24 of the world's top golfers - 12 from the United States and 12 from around the world, excluding Europe - is held every two years, and since 1996 has alternated between United States and international venues. At the most recent Presidents Cup, the U.S. Team retained the Cup from the Internationals in one of the most exciting and successful events to date at Harding Park Golf Course in San Francisco, Calif., October 2009.

The Presidents Cup was developed to give the world's best non-European players an opportunity to compete in international team match-play competition. The U.S. Team has won six of the eight previous Presidents Cups, and the only outright win by the International Team came at the 1998 event in Melbourne. The 2003 Presidents Cup ended in a tie.

Citi and Rolex are the exclusive Global Partners of The Presidents Cup.

Royal Melbourne Golf Club has existed continuously since 1891 on Melbourne's famed Sandbelt golf region, and is one of the most highly regarded golf clubs in Australia. Royal Melbourne is the first golf course outside of the United States to host the prestigious match-play competition more than once.

About Rolex

Rolex is recognized the world over as the leader in Swiss watchmaking and enjoys an unparalleled reputation for quality and know-how. The company ensures the distribution of its watches and the quality of their maintenance through a network of 28 affiliates and several thousand official Rolex jewelers worldwide.

Today, Rolex is involved in numerous partnerships and sponsoring activities in fields as varied as golf, tennis, art and culture, sailing, equestrian and automobile sports. All of these disciplines combine precision and endurance, and call on participants to push themselves above and beyond their limits. Additional information may be found at www.rolex.com.

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

About Melbourne

Melbourne is Australia's cultural and events capital, and the reigning "World's Ultimate Sports City," as awarded by SportsBusiness International. Cosmopolitan and diverse, Melbourne is also home to one of the world's finest and most recognizable golf regions, the Sandbelt. Designed and influenced by famed golf architect, Dr. Alister MacKenzie, the Sandbelt golf courses boast ideal golfing conditions and have hosted some of Australia's top tournaments such as the annual Australian Masters as well as international events including the Presidents Cup 1998 and the 2001 World Golf Championships - Accenture Match Play Championship. Along with premier golf tournaments, Melbourne annually hosts a full calendar of major sporting and cultural events, including the Australian F1 Grand Prix, the Australian Open Tennis, and the Melbourne Cup horse race, to name a few. For more information about Melbourne go to www.visitmelbourne.com.

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