Golfsmith International Holdings, Inc. announced that Virginia Bunte resigned as senior vice president and chief financial officer of Golfsmith International
Holdings, Inc. to pursue other interests. Bunte’s resignation is
not due to any disagreement with the company over any of its policies,
practices or financial reporting.

Following Bunte’s
departure, Sue E. Gove, the company’s executive vice president and chief operating officer, will assume additional responsibilities as
interim chief financial officer. Prior to joining Golfsmith in
September 2008, Gove was an independent consultant since April
2006, serving clients in specialty retail and private equity. She has
been a member of the Board of Directors of AutoZone, Inc. since 2005
and also serves on its audit committee and nominating and governance
committee. She was Executive Vice President and Chief Operating Officer
of Zale Corporation from 2002 to March 2006 and a director of Zale
Corporation from 2004 to 2006. She was Executive Vice President, Chief
Financial Officer of Zale Corporation from 1998 to 2002 and remained in
the position of Chief Financial Officer until 2003.

Martin
Hanaka, chairman and chief executive officer of Golfsmith commented, “I
want to thank Ginger for her hard work and dedication over the last 13
years that she has been with Golfsmith. We all wish her the very best
in her future endeavors.”

Hanaka continued, “We are
fortunate to have Sue Gove on our team to act as interim Chief
Financial Officer given her deep and successful experience in the
finance area.”