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Gold/Mining/Energy : Nevada Bob's Canada - NBC (was Warka Capital)

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To: Jim Bishop who wrote (41)12/30/1999 1:05:00 AM
From: Jim Bishop  Read Replies (2) of 66
 
Nevada Bob's Golf flagship store to open on Las Vegas
Strip

World's largest retail golf chain marching toward goal of global domination

CALGARY, Dec. 29 /CNW-PRN/ - Nevada Bob's Golf Inc. (TSE: ''NBC'') will open its U.S. flagship store on Las Vegas
Boulevard, across from the Mandalay Bay Hotel in January, the company announced today.

The retail golf franchise store will encompass over 7,000 square feet and provide a complete golf experience for customers and
Las Vegas tourists alike. The shop boasts amenities such as a full swing golf simulator on which customers can choose to play
any of the world's top 30 courses, including the famed Pebble Beach. While fun, it also assists in professionally analyzing
customers' individual equipment needs.

The Las Vegas store expands on the company's new concept retail format opening across the U.S. and Canada as part of its
aggressive plan to dominate golf retailing around the world and on the Internet.

''This is very exciting for Nevada Bob's to see its strategy rolling out so smoothly and to be so well received with such high
profile in a golfer's paradise like Las Vegas,'' said Martin Bunting, Chief Operating Officer of Nevada Bob's Golf. ''We have
set an aggressive strategy to increase revenues across our operations and capitalize on all opportunities to better the customer's
in-store shopping experience. Customers, investors and franchisers that see what we are doing are all responding
enthusiastically.''

While the Las Vegas outlet features the same full mix of brand name golf equipment, expanded women's and junior selections in
clothing and equipment, and a large shoe section, it will also offer Las Vegas style golf merchandise, art and giftables.

Nevada Bob's Golf Inc. also announced the grand opening of a 5,000 square foot concept store in Biloxi, Mississippi, and the
grand reopening of the converted Anaheim, CA store in December.

Nevada Bob's Golf Inc. is the largest retail chain of golf specialty stores in the world. Over 281 stores carry the Nevada Bob's
banner, of which 195 are franchise locations. The majority of stores are located in the United States and Canada. An executive
team purchased the dissolved Nevada Bob's company in 1999 and formed the new Nevada Bob's Golf Inc.

This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be
forward-looking statements. Forward-looking statements involve risks and uncertainties, including, but not limited to, the
weather and performance of the economies in the markets in which the company operates, continued acceptance of the
company's products, competitive factors, the company's ability to identify and interpret retail trends, volatility of prices, market
compensation and risk inherent in the company's international operations.

The Toronto Stock Exchange has neither approved nor disapproved of this release.

SOURCE: Nevada Bob's Golf Inc.
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