FOR IMMEDIATE RELEASE

McConnell Golf, LLC Makes its Stamp on PGA ’s Nationwide Tour with Acquisition of TPC Wakefield Plantation in Raleigh, N.C. Hale Irwin design becomes McConnell Golf’s eighth course in Carolinas

Raleigh, N.C. (August 9, 2011) – McConnell Golf, LLC has announced the purchase of its eighth premier golf club in the Carolinas, TPC Wakefield Plantation — host to golf’s annual Nationwide Tour event, The Rex Hospital Open.

With the purchase, McConnell Golf not only adds another highly ranked private to its stable of offerings, it also adds another popular golf course architect who joins the likes of , Tom Fazio, Pete Dye, and in the McConnell Golf fold. Former U.S. Open champion and veteran PGA TOUR player Hale Irwin designed the TPC Wakefield golf course over 217 acres of land amidst the serene natural beauty of Wake County adjacent to Falls Lake, within the community of Wakefield Plantation in north Raleigh.

TPC Wakefield opened in 2000 and has hosted a Nationwide Tour event since 2001.

“We believe the purchase of TPC Wakefield simply adds another layer of sophistication to McConnell Golf we didn’t previously have,” said John McConnell, CEO and President of McConnell Golf. “TPC Wakefield gives us a Nationwide Tour presence along with a PGA TOUR presence with the at Sedgefield. Meanwhile, we have the game’s rising stars playing in the ACC men’s tournament at Old North State, the ACC women’s championship at Sedgefield and the long-running Cardinal Amateur at Cardinal Golf and Country Club.”

McConnell said the TPC Wakefield Plantation acquisition strategically complements his 8-year-old company’s existing portfolio of golf properties and will receive the same superior level of enhancements dedicated to all McConnell Golf clubs.

McConnell Golf offers its members a unique deal: Initiation at one club gains access to eight properties. McConnell Golf members enjoy a sterling collection of highly-regarded facilities all maintained to the same exemplary standard.

McConnell Golf is an organization dedicated to delivering quality golf and amenities to its members, and having strategically located courses throughout the Carolinas is a big part of the overall plan that brings exceptional value to 3,000-plus members.

The par-71, 7,257-yard championship course at TPC Wakefield fits harmoniously with its surroundings and offers golfers of all skill levels an enjoyable experience. Corridors of meticulously sculpted Bermuda fairways are framed by stately stands of towering pine trees, with numerous creeks adding to the course’s beauty — as well as its strategic diversity.

In addition, TPC Wakefield Plantation’s championship golf course is complemented by a 2,700-yard, walking only nine-hole layout featuring four par-3s, four par-4s and one par-5 — the ideal venue to play a casual round of golf with the family or practice individual skills.

About McConnell Golf McConnell Golf (www.mcconnellgolf.com) offers pure golf for the true golfer, as a privately held company offering unlimited access to world-class facilities and golf courses designed by legends Donald Ross, Pete Dye, Tom Fazio, Arnold Palmer, Greg Norman and Hale Irwin. Founded in 2003, McConnell Golf provides members a quality golf experience at any of its seven award-winning courses: Raleigh Country Club in Raleigh, N.C.; Cardinal Golf & Country Club in Greensboro, N.C.; Treyburn Country Club in Durham, N.C.; Old North State in New London N.C.; Musgrove Mill Golf Club in Clinton, S.C.; The Reserve Golf Club in Pawleys Island, S.C.; Sedgefield Country Club in Greensboro, N.C; TPC Wakefield Plantation, Raleigh, N.C. All clubs are maintained and serviced to the highest standards with an emphasis on true golf, complete service and absolute quality. McConnell Golf offers individual club memberships, as well as innovative corporate and national/international memberships that deliver unmatched access to the top courses in the Carolinas.

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Contacts: Ray McDonald, 919-922-4171, [email protected] Martin Armes, 919-608-7260, [email protected] Brad King, 336-306-9219, [email protected]