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    Callaway Golf Declares Quarterly Dividends

    CARLSBAD, Calif., July 25, 2012 /PRNewswire/ -- Callaway Golf Company (NYSE:ELY) declared a regular quarterly cash dividend of $0.01 per share on its Common Stock.  The dividend is payable on September 17, 2012 to shareholders of record at the close of business on August 20, 2012. 

    The Company also declared a regular quarterly cash dividend of $1.875 per share on its 7.50% Series B Cumulative Perpetual Convertible Preferred Stock.  The dividend is payable on September 17, 2012 to shareholders of record as of August 20, 2012. 

    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 apparel, footwear and accessories, under the Callaway Golf® and Odyssey® brands in more than 110 countries worldwide. For more information please visit www.callawaygolf.com or shop.callawaygolf.com.

    Contact:

    Brad Holiday


    Patrick Burke


    (760) 931-1771

    (Logo: http://photos.prnewswire.com/prnh/20091203/CGLOGO)

    SOURCE Callaway Golf