Golfsmith Announces Earnings Release Date and Webcast for Third Quarter 2011 Financial Results

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| Source: Golfsmith International Holdings, Inc.

AUSTIN, Texas, Oct. 12, 2011 (GLOBE NEWSWIRE) -- Golfsmith International Holdings, Inc. (Nasdaq:GOLF) today announces that it plans to release its third quarter fiscal 2011 financial results before the market opens on Thursday, October 27, 2011. Golfsmith will host a quarterly results conference call at 8:00 a.m. Central Time/9:00 a.m. Eastern Time.

During the call, Martin Hanaka, chairman and chief executive officer, and Sue Gove, chief operating officer and chief financial officer, will provide an overview of third quarter 2011 financial results and an update on the Company's business strategies. A question and answer session will follow.

The call will be simulcast over the Internet at http://investors.golfsmith.com in the Investor Relations section of Golfsmith's website. A replay will be available through November 27, 2011 on the company's investor relations website or by calling 877-870-5176 (U.S.) or 858-384-5517 (international) and entering pass code 9684044.

About Golfsmith International Holdings, Inc.

Golfsmith International Holdings, Inc. (Nasdaq:GOLF), has been in business for over 40 years and is a specialty retailer of golf and tennis equipment, apparel and accessories. The company operates as an integrated multi-channel retailer, offering its customers the convenience of shopping in more than 70 stores across the United States, through its Internet site 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.

The Golfsmith International Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9492

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. 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.

Investor Relations inquiries:
ICR, Inc.
Joseph Teklits/Jean Fontana
203-682-8200
www.icrinc.com