5 million in net sales and
earnings of $0. The date of the
announcement and conference call will be released in mid February. (Nasdaq: SGDE) today reported that net sales and fully diluted
earnings per share would be higher than current average estimates and well
above the levels reported one year ago.26 per share, compared to earnings
per share of $0.39, compared to $0.22 a year ago, with a current average estimate of $0.com and
http://www.

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(Logo: http://www.36 to
$0.

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Spalding was acquired by Russell Corporation in May 2003.com.
Gregory R. Binkley, President and Chief Executive Officer of the Company,
stated, "We enjoyed a very strong first quarter due in large part to our
growing Internet business.

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newscom. For the year,
the Company expects consolidated net sales of approximately $285 million
and diluted earnings per share in the range of $1. The Company also noted that 2004
results included fifty-three weeks of operations, fourteen weeks in the
fourth quarter, compared to the normal fifty-two weeks, thirteen weeks in
the fourth quarter, in 2005. Consolidated
Internet -related sales were well over 50% of total catalog and Internet
sales. Fully diluted earnings per share are now
expected to be in a range from $0.
In addition, we saw a significant contribution from our golf business at TGW.

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38. In earlier releases the Company disclosed
that the extra week in 2004 accounted for approximately $4 million of
incremental consolidated net sales. Adjusting for last year's extra week of operations,
fourth quarter 2005 net sales were approximately 9% higher .com, the Wichita,
Kansas-based leading online and catalog retailer of golf equipment, apparel
and accessories.

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The Sportsman's Guide is an Internet and catalog retailer offering value-
priced outdoor gear and general merchandise, with a special emphasis on
outdoor clothing, outdoor equipment , golf apparel and equipment and footwear.8616


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The Company's major
brands include Russell Athletic(R), JERZEES(R), Spalding(R), Brooks(R), Huffy
Sports(R), Bike(R), Moving Comfort(R), AAI (R) and Mossy Oak(R). Binkley, President and Chief Executive Officer of the Company,
stated, "We had a very strong year and expect our final results to be
significantly above last year's., The Sportsman 's
Guide, Inc. Bartkowski
MeritViewPartners
612.

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, to focus on the Spalding brand. The consensus average estimate for
2005 was for net sales of $285 million and for earnings of $1.

The Sportsman's Guide Provides First Quarter Guidance; Net Sales and EPS to Be Higher Than Estimates

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"
Founded in 1986, Kangwei is a privately held company located in Guangzhou
and was one of the first companies specializing in sporting goods products in
China.

In terms of the fourth quarter of 2005, the Company also expects record
results, with consolidated net sales of approximately $95 million and fully
diluted earnings per share of $0.bargainoutfitters.

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In 19 years, it has become one of the largest Chinese sports brands
with more than 1,000 self-owned or franchised retailing outlets under the
Kangwei brand. The diluted earnings per share numbers for 2004 have been
restated to reflect the Company's change in accounting policy for Buyer's
Club revenues announced in June and adjusted to reflect the 3-for-2 stock
split, distributed April 15 , 2005. It will also hold a conference call at that time.15 for the same period one year ago and current average
estimates of $0. The earnings per share numbers have been
adjusted to reflect the Company 's recent 3-for-2 stock split, distributed
April 15, 2005.

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com . Spalding
and Russell's other business units, American Athletic (AAI) and Huffy Sports
brands, collectively combined, are now part of the largest basketball
equipment provider in the country.54. As a result of the strong fourth quarter , we should end the year
with approximately $13 million of cash and no bank debt.24 to $0. The Company 's
Web sites include http://www.tgw.

This release contains forward looking statements which are subject to
change based on various important factors, including but not limited to
general economic conditions, a changing market environment for the Company's
products and the market acceptance of the Company's catalogs, Internet sites
and offerings.

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The agreement covers athletic apparel, footwear and accessories. "Additionally, they have been successful with
their Kangwei branded sports products and certainly have a tremendous
understanding of the market in China. AAI is the leading seller of gymnastics
equipment in the country as well as institutional basketball backboards, and
Huffy Sports, is a leader in basketball backboard systems. (NASDAQ: SGDE) today announced that it expects to report record results for the year
ended December 31, 2005 that, with respect to fully diluted earnings per
share, will exceed the current average consensus estimate.7 million.

CONTACT: William P.

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The Sportsman's Guide offers value-priced outdoor gear and general
merchandise, with a special emphasis on outdoor clothing, equipment and
footwear, through direct mail catalogs and two Internet sites. Net sales for the quarter ended March
31, 2005 are now expected to be in range of $63 to $64 million, compared with
net sales of $44.

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com/cgi-bin/prnh/20030630/RMLCORPLOGO )
Kangwei has established a separate subsidiary, Guangzhou Ganwei Sports
Goods Co.

PRESS RELEASE The Sportsman's Guide Expects 2005 Net Sales and EPS to Set Records; Net Sales Expected to Be Up Over 20% and EPS Over 40%

This would
compare with total year 2004 results of $232.46.com.

This release contains forward-looking statements which are subject to
change based on various important factors, including but not limited to
general economic conditions, a changing market environment for the
Company's products and the market acceptance of the Company's catalogs.605.

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Ganwei will launch Spalding
apparel and footwear in June 2005.37 to $1. In 2004 consolidated net
sales for the quarter totaled $91 million and fully diluted earnings per
share were $0.TGW.SportsmansGuideIR .Consolidated Internet-Related Sales Now Over 50%, Strong Contribution From The
Golf Warehouse

SOUTH ST.) The results of the most recent quarter include those of The Golf
Warehouse ("TGW") acquired June 29, 2004.

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ATLANTA, Russell Corporation (NYSE: RML )
announced today that its Spalding division has signed a strategic alliance
agreement with Kangwei to design, manufacture and sell Spalding products in
China.russellcorp. Our Internet-related sales as a percentage of total
catalog and Internet sales are now in excess of 50% on a consolidated basis .

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About Spalding
Springfield, MA-based Spalding is a leading producer and marketer of
basketballs, footballs, volleyballs and soccer balls under the Spalding brand
name and softballs under the Dudley brand. Spalding is the official
basketball supplier of the national Basketball Association (NBA) and the
Women's National Basketball Association (WNBA), the official volleyball of the
National Collegiate Athletic Association (NCAA) and American Volleyball
Association (AVA ), the official soccer ball of the Major Indoor Soccer League
(MISL) and the official football of the American Football League (AFL) and Pop
Warner.36 per
diluted share.

Gregory R. On June 29,
2004 the Company acquired The Golf Warehouse, TGW.27
per share.

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The Company's
common stock is listed on the New York Stock Exchange under the symbol RML and
its web site address is http: //www.


6 million for the same period one year ago and current
average estimates of $57 ."
The Company also noted that it would be releasing the full results of the
quarter and holding a conference call the week of May 2, 2005.
The Company sells through both Internet Web sites and catalogs.com .

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"

The Company expects to announce the final results for the year at the end
of February or in early March, following the completion of the annual
audit.
Investor information is available on the Company's investor relations
website: www. PAUL, Minn.

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Russell Announces Spalding Agreement Including Products Retail Stores in China

, Ltd. Additional plans call for Ganwei to open
as many as 600 self-owned or franchised retail stores selling Spalding
apparel, footwear and equipment by the end of 2006.53 to $0. The Company's e-commerce websites include
www. (On a pre-split basis, current EPS expectations are $0.

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This category is designed to help racquetball enthusiasts find racquetball retail websites.

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The Sportsman's Guide, Inc. The results are due to the continued
growth of TSG and the strong performance of TGW.18 per share.

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"Kangwei's experience with launching athletic brands and managing the
business will be extremely beneficial as we continue to take advantage of the
growing global popularity of the Spalding brand," said Scott Creelman,
president and CEO of Spalding.

About Russell Corporation
Russell Corporation is a leading branded athletic and sporting goods
company marketing athletic apparel, uniforms, footwear and equipment for a
wide variety of sports, outdoor and fitness activities.95 per diluted share. It expects to
announce the date and time of the conference call later this week.

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