GGXY Golf Galaxy (MM)

Openings Will Bring Current Fiscal Year New Store Count to 15; Specialty Retailer Plans to Open 16 to 18 Stores in Next Fiscal Year EDEN PRAIRIE, Minn., Oct. 31 /PRNewswire-FirstCall/ -- Golf Galaxy, Inc. (NASDAQ:GGXY), the interactive golf superstore offering Everything for the Game(R), today announced plans to open four new stores in November. The new stores, which will complete the company's current fiscal year expansion of 15 new stores, will broaden Golf Galaxy's presence in Colorado, North Carolina, and Texas, and include one store each in Westminster, Colo.; Winston-Salem, N.C.; Arlington, Texas; and Austin, Texas. (Logo: http://www.newscom.com/cgi-bin/prnh/20050728/CGTH081LOGO ) "We're pleased to complete our fiscal 2007 expansion by broadening our reach in areas of the country where we've already seen strong sales and strong growth potential," said Randy Zanatta, president and CEO of Golf Galaxy. "As the year comes to an end, we will have 65 stores across the country and will be well on our way to becoming the nation's leading golf specialty retailer." According to Zanatta, Golf Galaxy plans to accelerate its expansion and open 16 to 18 new stores in its next fiscal year, which begins March 4, 2007, and expects 12 of those new stores to open in the spring of 2007. About Golf Galaxy Golf Galaxy, Inc., based in Eden Prairie, Minn., owns and operates golf specialty retail stores. The company currently operates 65 stores in 24 states and an ecommerce website. The company's Everything for the Game(R) merchandising strategy offers a comprehensive selection of competitively priced brand name golf equipment, accessories, apparel, golf services, and golf instruction by on-staff certified PGA Professionals in a unique interactive store environment. The GolfWorks, the golf industry's most complete source for golf club components, clubmaking tools and supplies, and technical information, is a wholly owned subsidiary of Golf Galaxy that sells direct to consumers via a catalog and the Internet at http://www.golfworks.com/ . For more information, visit http://www.golfgalaxy.com/ . Cautionary Statement This news release contains forward-looking statements about Golf Galaxy and readers should not place undue reliance on any forward-looking statements that are current only as of the date made. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those expressed in forward-looking statements. The factors listed below, among others, could cause the company's actual financial performance to differ materially from that expressed in any forward-looking statement: A decline in the popularity of golf or golf-related products and services; limitations imposed by suppliers on the amount or variety of products; failure by suppliers to develop and introduce new products or if new products result in excessive close-outs of existing inventories; seasonal fluctuation in demand for products; weather conditions; ability to successfully implement growth plan; competition in the golf and sporting goods industry; a decline in discretionary spending; availability of adequate capital to fund growth; and loss of key management. Additional information concerning these and other factors that could cause actual results to differ materially from those in the forward-looking statements is included in the company's prospectus in its Form S-1 Registration Statement on file with the Securities and Exchange Commission. The foregoing list should not be construed as exhaustive and Golf Galaxy disclaims any obligation subsequently to revise or update any previously made forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Patty Gibbs Patty Gibbs & Company 651-653-7302 http://www.newscom.com/cgi-bin/prnh/20050728/CGTH081LOGO http://photoarchive.ap.org/ DATASOURCE: Golf Galaxy, Inc. CONTACT: Patty Gibbs of Patty Gibbs & Company, +1-651-653-7302, or Web site: http://www.golfgalaxy.com/ http://www.golfworks.com/

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