CALLAWAY'S YASH-IN STATEMENT: COMPANY TABS ELY'S SUCCESSOR

          CA-based Callaway Golf's BOD named CHUCK YASH
     President, effective immediately.  Yash, who has been
     President & CEO of Callaway Golf Ball Co. since its
     inception in '96, was also designated to succeed Callaway
     Golf CEO ELY CALLAWAY by December 31, 2000, or whenever
     Callaway steps down from active management in the company. 
     Yash will continue to head Callaway Golf Ball (Callaway). 
     In San Diego, Mike Freeman wrote that the move to promote
     Yash "signifies" that Ely Callaway "has succeeded in
     getting" the company "back on course" and "signals how vital
     a role" the company's new golf ball "will play in the future
     of the company."  Ely Callaway will remain as CEO "in part
     to allow Yash the time to make a smooth transition toward
     leading the firm" (SAN DIEGO UNION-TRIBUNE, 8/18).