ISPS HANDA has expanded their involvement in international
golf via a five year partnership with the PGA of Australia.

The philanthropic organisation will become the naming
partner of the PGA Tour of Australasia until 2021.

The ISPS HANDA PGA Tour of Australasia which sanctions 17
tournaments across five countries takes Professional golf to emerging and
established golfing nations.

It provides rising stars of Australasian golf the opportunity
to hone their craft close to home before capitalising on opportunities, afforded
by the Tour, to expand their careers on international Tours.

Australia is a breeding ground for some of the world’s
greatest golfers including World Number 1 Jason Day, Masters Champion Adam
Scott and the man who defined golf for a generation Greg Norman.

The ISPS HANDA PGA Tour of Australasia also aims to leave a
lasting legacy of golf in the destinations it visits. Via junior clinics,
ladies clinics and other initiatives, it provides access to the game to people
who would not otherwise have had the opportunity.    

"The support of ISPS HANDA of the PGA Tour of Australasia is
a significant development for the Tour and its players," said Brian Thorburn,
CEO of the PGA of Australia which oversees the ISPS HANDA PGA Tour of
Australasia.

"The PGA is committed to growing and enhancing the ISPS
HANDA PGA Tour of Australasia. Along with this partnership 2016 has also seen
the Fiji International become co-sanctioned by the European Tour. This
continues the building of a stronger relationship between the European Tour and
the ISPS HANDA PGA Tour of Australasia."

"We look forward to working with ISPS HANDA to continue to
enhance the Tour and provide strong opportunities for Australasian Professional
golfers." 

ISPS HANDA believes its partnership with the PGA Tour of
Australasia will continue to help to unite golf internationally.

"The PGA of Australasia Tour is a part of a growing global
movement of several of the world’s tours working more closely together," said
Dr Handa.

"It is imperative for the Japanese golfers to benefit from
these international developments."

"ISPS HANDA would like
to assist in any way it can, to facilitate those developments to the benefit of
the golfers and the industry in Japan and globally." 

Already a strong supporter of
professional golf on an international stage at every level, ISPS HANDA has partnered
with tournaments on the European Tour, PGA Tour of Australasia, the PGA, the
Japan Golf Tour, Ladies European Tour, Australian Ladies Professional Golf,
LPGA, European Seniors Tour and the Asian Tour but this is the first time ISPS
HANDA has supported an entire Tour.

At an Australasian level, ISPS HANDA has been the title
partner of the European Tour co-sanctioned ISPS HANDA Perth International, BMW
ISPS HANDA New Zealand Open, LPGA co-sanctioned ISPS HANDA Women’s Australian
Open and the ISPS HANDA World Cup of Golf when it was played in Melbourne in
2013.

ISPS HANDA’s support of golf internationally also sees the
flagship Global Cup tournament.

"The intention of hosting the Global Cup has been to further
expose the Japanese golf industry and fans to the excitement of golf
internationally," added Dr Handa.

"I believe that this new partnership with the PGA Tour of Australasia,
now the ISPS HANDA PGA Tour of Australasia is an incredible opportunity to
bring a relationship with another strong international golfing market in
Australia."

Founded by Japanese philanthropist, Dr Handa, ISPS HANDA’s
support for golf stems from a deep seeded belief in the power of sport to
create hope, break down educational and cultural barriers and inspire people.

ISPS HANDA is a driving force behind the inclusion of blind
and disabled golf in the Paralympics.

In recognition of the work Dr Handa has achieved for the
promotion of golf on a global stage, the PGA of Australia is delighted to
announce Dr Handa as a Patron of the ISPS HANDA PGA Tour of Australasia.

"Dr Handa is an incredibly philanthropic man who has worked
tirelessly in the promotion of golf and the power it has to unite all people.
We are delighted to have a man of his calibre as our Patron," added Thorburn.

"The ISPS HANDA PGA Tour of Australasia and its players
value integrity, the pursuit of excellence and a passion for golf, all traits
shared by Dr Handa making him an ideal Patron to represent the Tour around the
world."

Reflecting on his patronage of the ISPS HANDA PGA Tour of Australasia,
Dr Handa commented, "To make a positive and vital impact on the unification of
golf as well as the accessibility of the game to all people has become a key
focus of ISPS. To be recognised for the progress ISPS made towards these goals
is encouraging and we hope we can do more for the sport and society."

A key outcome of this partnership is a holistic approach to
charitable contributions. The PGA of Australia will work with ISPS HANDA on a
number of activities and events, with proceeds to be directed to a mutually
agreed charitable cause.