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Subaru of America, Inc. Named Title Sponsor of Naples LPGA Memorial

19 April 1999

Subaru of America, Inc. Named Title Sponsor of Naples LPGA Memorial

         - Two Year Pact Tees Off at The Strand January 17-23, 2000 -

    NAPLES, Fla., April 19 -- Subaru of America, Inc. has become
the title sponsor of the tournament formerly known as the Naples LPGA
Memorial. The Subaru Memorial of Naples -- an LPGA TOUR event -- will be held
at The Strand (formerly The Club at Pelican Strand) January 17 -
January 23, 2000. The sponsorship, which is a two-year agreement, allows
Subaru to become the event's first-ever title sponsor.
    The sponsorship was jointly announced today by Subaru of America President
and Chief Operating Officer George T. Muller, LPGA TOUR Commissioner Ty Votaw,
and Tournament General Chairman and Chairman of Naples Capital Group Tom
Brown.
    The Subaru Memorial sponsorship agreement maintains the strong presence
that Subaru has developed in the world of professional golf. Prior to this
deal, Subaru was the title sponsor of the now defunct Subaru Sarazen World
Open Golf Tournament in 1997 and 1998. Additionally, Subaru continues to be a
major supporter of women's sports, with very successful programs like the
Women's Cycling Summits and the Master the Mountain program with two-time
Olympic Gold medalist Diann Roffe Steinrotter.
    "Subaru has created some very unique partnerships that focus on the
growing area of women's sports," said George Muller.  "We are extremely
excited about the opportunity to develop a strong relationship with the LPGA
and are delighted to be associated with a world-class sporting event like the
Subaru Memorial."
    Tournament Chairman Thomas G. Brown, who was instrumental in bringing the
LPGA TOUR back to Naples last year, added, "Everyone associated with this
wonderful tournament -- from the staff to the players, from the volunteers to
the community sponsors -- welcomes the commitment of this performance-driven
company."
    Subaru of America, Inc., is a wholly owned subsidiary of Fuji Heavy
Industries Ltd., of Japan.  Headquartered near Philadelphia, the company
markets and distributes Subaru vehicles, parts and accessories through a
network of nearly 600 franchised dealers across the United States. All Legacy
models sold in the U.S., including the Outback and Outback Sedan, are produced
at the company's American manufacturing plant, Subaru-Isuzu Automotive, Inc.,
near Lafayette, Indiana.