AUSTIN, Texas, May 28, 2008 (BUSINESS WIRE) ----Golfsmith International Holdings, Inc. (NASDAQ: GOLF) today announced that the Company will be presenting at the 28th Annual Piper Jaffray Consumer Conference to be held at the St. Regis Hotel in New York on Wednesday, June 11, 2008 at 3:00 pm Eastern Time. Martin Hanaka, Chairman and Interim Chief Executive Officer, and Virginia Bunte, Chief Financial Officer, will host the presentation.

The audio portion of the presentation will be webcast live. To access the presentation, log onto https://investors.golfsmith.com. The webcast can be found in the investor relations section of the company's website.

Reaffirms Outlook

For Fiscal 2008, Golfsmith continues to expect overall sales growth to be slightly positive with slightly negative comparable store sales and a decrease in direct sales. Earnings growth will be driven by reduced operating expenses and marketing costs as well as lower pre-opening costs. Based on sales for the quarter to date, Golfsmith continues to expect second quarter earnings to show meaningful improvement as compared to the same period last year.

About Golfsmith

Golfsmith International Holdings, Inc. (NASDAQ: GOLF) is a 40-year-old specialty retailer of golf and tennis equipment, apparel and accessories. The company operates as an integrated multi-channel retailer, offering its guests the convenience of shopping in its 73 stores across the United States, through its Internet site at www.golfsmith.com and from its assortment of catalogs. Golfsmith offers an extensive product selection that features premier branded merchandise, as well as its proprietary products, clubmaking components and pre-owned clubs.

Cautionary Language

This press release contains forward-looking statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements about the company's beliefs and expectations, are forward-looking statements. Forward-looking statements include statements preceded by, followed by or that include the words "may," "could," "would," "should," "believe," "expect," "anticipate," "plan," "estimate," "target," "project," "intend," or similar expressions. Forward-looking statements are not guarantees of performance. These statements are based on management's beliefs and assumptions, which in turn are based in part on currently available information and in part on management's estimates and projections of future events and conditions. Important assumptions relating to the forward-looking statements include, among others, assumptions regarding demand for the products, the introduction of new product offerings, store opening costs, the ability to lease new sites on a timely basis, expected pricing levels, the timing and cost of planned capital expenditures, competitive conditions and general economic conditions. These assumptions could prove inaccurate. Forward-looking statements also involve risks and uncertainties, which could cause actual results that differ materially from those contained in any forward-looking statement. Many of these factors are beyond the company's ability to control or predict. Such factors include, but are not limited to the Risk Factors set forth in Item 1A. Risk Factors in the company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 6, 2008.

The company believes its forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. Further, forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update publicly any of them in light of new information or future events.

SOURCE: Golfsmith International Holdings, Inc.

ICR Inc. Joe Teklits or Jean Fontana, 203-682-8200 www.icrinc.com
   or Golfsmith Matt Corey, 512-821-4883 

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