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Bunte To Step Down As Golfsmith CFO

February 18, 2009 (FinancialWire) -- Golfsmith International Holdings, Inc., (NASDAQ: GOLF) (Current Market Cap: US$13.57 Mil.) said that Virginia Bunte has resigned as senior vice president and chief financial officer of Golfsmith International Holdings, Inc. and all of its subsidiaries, effective March 3, to pursue other interests.

Following Bunte's departure, Sue E. Gove, Golfsmith's executive vice president and chief operating officer, will assume additional responsibilities as interim CFO.

Prior to joining Golfsmith in September 2008, Gove was an independent consultant since April 2006, serving clients in specialty retail and private equity. She has been a member of the board of AutoZone since 2005 and also serves on its audit committee and nominating and governance committee. She was EVP and chief operating officer of Zale from 2002 to March 2006 and a director of Zale from 2004 to 2006.

Golfsmith said that Bunte's resignation is not due to any disagreement with the company over any of its policies, practices or financial reporting.

Austin, Texas-based Golfsmith International Holdings is a specialty retailer of golf and tennis equipment, apparel and accessories. The company operates through its 73 stores across the United States, an internet site and from its assortment of catalogs.

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