WHAT'S NEW

NEW NAME AND NEW LOCATION FOR MRC COMPOSITE PRODUCTS USA (MRCP)

- MRC GOLF Press Release - January 01, 2007

Carlsbad, CA, December 18, 2006 . . . MRCP will be changing its official company name to MRC GOLF, Inc., effective January 1, 2007. The name change illustrates the continued commitment that Mitsubishi Rayon Co., Ltd. has to the golf industry.

In a similar development, all MRC GOLF operations will move to a larger office within the same complex. These changes will accommodate the rapid growth the premier shaft company has experienced over the last three years.

Effective Monday, December 18, 2006, the new address will be:

MRC Golf, Inc.
5441 Avenida Encinas, Suite B
Carlsbad, CA 92008

Phone number and website will remain the same at:
(760) 929-0001 and www.mitsubishirayongolf.com

New email addresses for press contacts will change to the following, effective January 1 as well:

Larry.Bischmann@mrc-golf.com
Sally.Murdoch@mrc-golf.com

Thank you for your continued support of MRC GOLF, Inc.

ABOUT MITSUBISHI RAYON GOLF SHAFTS
MRC GOLF, INC. is a wholly owned subsidiary of Mitsubishi Rayon Co., LTD., dedicated to designing and developing the world's finest composite golf shafts in performance and quality. MRC GOLF leverages their own resources and raw materials (vertical integration), which gives them a competitive advantage. Over the years, MRC GOLF has been a leading supplier of premium composite golf shafts worldwide. With many of the world's best players using Mitsubishi Rayon golf shafts, MRC GOLF has established itself as a dominant force in the golf industry.

ABOUT MITSUBISHI RAYON
Mitsubishi Rayon Co., LTD. was established in 1933 as a manufacturer of rayon fibers. Since then, the company's interests have diversified to include specialized chemicals, plastics, and other synthetic fibers. Through continuous design and innovation, MRC has expanded its business focus into other areas that include resin systems, carbon fibers and composite materials, and a variety of other specialty products, including composite golf shafts. MRC's vertical integration advantage, the ability to design, develop and manufacture any combination of resins and fibers, sets them apart from their competition and gives them a competitive advantage. Today, MRC is recognized as the world leader in manufacturing and supplying carbon fiber and composite materials for performance based sporting goods applications.

For additional information: www.mitsubishirayongolf.com or
Contact: info@mrc-golf.com
Telephone: (760) 929-0001