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Merrill Lynch Named Title Partner
Of Greg Norman's PGA TOUR Event

Multi-year agreement presents the "Shark Shootout" November 8-12.
Fred Couples and Annika Sörenstam to compete as part of 24-player field.

NAPLES, Fla., (April 17, 2006) - Greg Norman and Merrill Lynch are pleased to announce a multi-year agreement for the title sponsorship of Southwest Florida's PGA TOUR stop, introducing the event as the "Shark Shootout."

The newly named Shark Shootout, which will be played for its 18th year November 8-12 at Tiburón Golf Club in Naples, Florida, raises funds and awareness for CureSearch National Childhood Cancer Foundation.

The Shark Shootout is also pleased to announce that Fred Couples and Annika Sörenstam have committed to the elite, 24-person field.

Sörenstam will become the first woman to compete in The Shark Shootout. In three starts this season, she has already recorded one victory, bringing her career win total to 67. Sörenstam, a member of the LPGA Tour and World Golf Hall of Fame, won half the events she entered last year including two major championships.

This will mark Couples' 10th appearance in The Shark Shootout. The three-time champion claimed his first title alongside Raymond Floyd in 1990. His successive triumphs came in 1994 with Brad Faxon and 1999 with David Duval. Just two weeks ago Couples put on a superb ball-striking display en route to a five-way tie for third at The Masters.

"The Shark Shootout provides us with the perfect opportunity to partner with Greg Norman who represents the very best in golf, sportsmanship and charitable services," said Bob McCann, Vice Chairman and President of Global Private Client at Merrill Lynch. "We look forward to creating a unique experience for our clients and the outstanding PGA TOUR players like Fred and Annika, while making a difference in the lives of so many children."

"Merrill Lynch is recognized as one of the world's preeminent financial management and advisory companies," added Greg Norman. "Between the pedigree of this event and Merrill Lynch's best-of-breed status, this is simply a tremendous alignment."

The Shark Shootout, widely regarded as the PGA TOUR's premier post-season event, will once again feature an alternate-shot format during the first round, a better ball Saturday and a final-round scramble. In 2006, USA Network will televise Friday's coverage and CBS will handle broadcasting duties over the weekend.

Beginning in 2007, The Shark Shootout will move to a December slot on the PGA TOUR calendar and television coverage will shift to The Golf Channel and NBC. This guarantees a minimum of five hours of live network television coverage through 2010.

The Greg Norman Production Company has also reached an agreement with WCI Communities and The Ritz-Carlton, ensuring the Shootout will continue its run at Tiburón Golf Club and The Ritz-Carlton Golf Resort, Naples through 2010.

"Since 2001, the Shootout has benefited from its partnerships with WCI and The Ritz-Carlton," said Shark Shootout Tournament Director Taylor Ives. "There are few facilities on the PGA TOUR that can compare to what we experience in Naples."

For the latest Shark Shootout news and information, please visit the official tournament Website at www.thesharkshootout.com.

About Greg Norman Production Company

The Greg Norman Production Company (GNPC), a subsidiary of Great White Shark Enterprises, is devoted to event management and sports marketing. The GNPC is proud to operate the PGA TOUR-sanctioned Mayakoba Golf Classic & The Shark Shootout, Golf PARa Todos, Three Friends: One Goal, Greg Norman Estates events and many other corporate and special events. The GNPC prides itself on producing events and marketing initiatives that not only reflect the discerning standards of its namesake, but of its clients as well.

About Tiburón Golf Club

Tiburón Golf Club, a WCI managed facility, featuring two Greg Norman-designed golf courses, was carved from 800 acres of prime southwest Florida real estate. The courses reflect Norman's appreciation for pristine natural settings and his passion for great golf. The Black and The Gold courses contain a combination of stacked sod-wall bunkers and tricky coquina waste bunkers. Certified as an Audubon Cooperative Sanctuary by Audubon International, Tiburón reflects a strong commitment to enhancing and protecting the natural resources.

About The Ritz-Carlton Golf Resort, Naples

The AAA Five Diamond Ritz-Carlton Golf Resort, Naples is renowned for its outstanding service, incredible cuisine and luxurious accommodations with panoramic views. The 295-room Mediterranean-style resort, ranked as the top golf resort in Florida by Golf Digest (October 2009), is home to a pair of 18-hole signature Greg Norman golf courses at Tiburón and hosts the annual PGA TOUR Shark Shootout. The Tiburón Golf Course complex is complete with the Rick Smith Golf Academy, recognized as one of the top academies in the country.

About CureSearch for Children's Cancer

CureSearch for Children's Cancer funds the lifesaving, collaborative research of the Children's Oncology Group, the largest, cooperative pediatric cancer research organization in the world--essentially a "cancer center without walls." With more than 5,000 physicians, nurses, and other researchers at 230 hospitals in North America and around the world, this group treats 90% of children with cancer. For more information visit www.CureSearch.org or call 800.458.6223.

Contact

Lee Patterson
The Shark Shootout
704-553-4790
pattersonprinc@yahoo.com

Contacts

Emily Pachuta
Merrill Lynch
609-282-8965
emily_pachuta@ml.com
Brian Stevens
Great White Shark Enterprises
561.743.8818
brian.stevens@gwse.com

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