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CLUB CAR, INC. ANNOUNCES PUBLIC OFFERING OF COMMON STOCK

 AUGUSTA, Ga., Oct. 19 /PRNewswire/ -- Club Car, Inc. announced today the initial public offering of 4,125,000 shares of its common stock at $17.50 per share. 2,700,000 shares are being sold by the company and 1,425,000 are being sold by certain selling stockholders. The shares will trade under the symbol "CLBC" on the NASDAQ National Market.
 Donaldson, Lufkin & Jenrette Securities Corporation, CS First Boston and Interstate/Johnson Lane Corporation are co-managing the underwriting syndicate offering the shares to the public. The underwriters have been granted an option to purchase up to an additional 618,750 shares from the company to cover over-allotments, if any.
 The company will use the net proceeds from the sale of its common stock, together with borrowings under a new credit agreement, to repurchase, redeem or otherwise acquire all of the company's outstanding 14-1/2 percent senior notes due 1999.
 The company designs, manufactures, markets and services electric and gasoline golf cars for recreational use and similar off-road utility vehicles for golf, commercial and industrial use.
 A prospectus relating to the offering may be obtained from Donaldson, Lufkin & Jenrette Securities Corporation, 140 Broadway, New York, N.Y. 10005.
 -0- 10/19/93 R
 /CONTACT: George H. Inman, chairman and chief executive officer of Club Car, Inc., 706-863-3000/


CO: Club Car, Inc. ST: Georgia IN: SU: OFR

PS -- NY036R -- 3966 10/19/93 12:11 EDT
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Publication:PR Newswire
Date:Oct 19, 1993
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