Callaway Golf Company To Broadcast Full Year 2008 Financial Results.

CARLSBAD, Calif. -- Callaway Golf Company (NYSE:ELY) announced today that it will release its 2008 financial results on Tuesday afternoon, January 27, 2009. The Company will subsequently hold a conference call with financial analysts and investors to review the results at 2:00 p.m. PST that same day. The call will be broadcast live over the Internet and can be accessed at www.callawaygolf.com. To listen to the call, go to the website at least 15 minutes before the call to register and for instructions on how to access the broadcast.

A replay of the conference call will be available approximately three hours after the conclusion of the conference call. The replay may be accessed through the Internet at www.callawaygolf.com or by telephone by calling 800/642-1687 for calls originating within the United States or 706/645-9291 for international calls. The conference ID is 75079534 and the replay will be available through 9:00 p.m. PST, on Tuesday, February 3, 2009.

About Callaway Golf

Through an unwavering commitment to innovation, Callaway Golf Company (NYSE:ELY) creates products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf accessories, under the Callaway Golf[R], Odyssey[R], Top-Flite[R], and Ben Hogan[R] brands in more than 110 countries worldwide. For more information please visit www.callawaygolf.com or shop.callawaygolf.com.