Asia PR News

LAKE FOREST, Ill., April 28 /PRNewswire-AsiaNet/ –

Brunswick Corporation (NYSE: BC) announced today it intends to sell
substantially all of its Brunswick New Technologies (BNT) business unit. This
business unit’s products are primarily based on GPS technologies and sold in
the portable consumer navigation, fleet tracking, and automotive and marine
markets. The company said it has retained Merrill Lynch & Co. to act as its
financial advisor in connection with the sale.

"This business unit has experienced exceptional growth under Brunswick’s
ownership over the past few years — especially in the portable land-based
navigation segment," said Brunswick Chairman and Chief Executive Officer Dustan
E. McCoy. "As we become increasingly focused on our core business segments —
marine, fitness, bowling and billiards — we have determined that continuing to
invest in this business unit to fuel growth is not consistent with our
long-term strategic objectives. We believe that BNT’s excellent long-term
prospects may be better achieved under different ownership — one that is
focused on BNT’s technological expertise — to enable it to reach its full
potential."

BNT operations included in the proposed sale consist primarily of its
Navman, Northstar and MX Marine brands. The company said it would retain
MotoTron, which designs and supplies sophisticated engine control and vehicle
networking systems, IDS Integrated Dealer Systems, which provides management
systems to marine and other dealerships, and technologies and engineering
talent related to connectivity features in Brunswick’s fitness products.

The company also announced that its board of directors has authorized the
repurchase of up to $500 million of the company’s outstanding common stock.
Share repurchases will be made from time to time in the open market or through
privately negotiated transactions, based on market conditions. This
authorization supplants the $200 million authorization approved by the board in
May 2005, under which the company repurchased approximately 3.6 million shares
for approximately $137.8 million. The company currently has approximately 94.5
million shares outstanding.

About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to
instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including
Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and
inboard engines; MotorGuide trolling motors; Teignbridge propellers; MotoTron
electronic controls; Albemarle, Arvor, Baja, Bayliner, Bermuda, Boston Whaler,
Cabo Yachts, Crestliner, HarrisKayot, Hatteras, Lowe, Lund, Maxum, Meridian,
Ornvik, Palmetto, Princecraft, Quicksilver, Savage, Sea Boss, Sea Pro, Sea Ray,
Sealine, Triton, Trophy, Uttern and Valiant boats; Attwood marine parts and
accessories; Land ‘N’ Sea, Kellogg Marine, and Benrock parts and accessories
distributors; IDS dealer management systems; Life Fitness, Hammer Strength and
ParaBody fitness equipment; Brunswick bowling centers, equipment and consumer
products; Brunswick billiards tables; and Valley-Dynamo pool, Air Hockey and
foosball tables. For more information, visit http://www.brunswick.com .

SOURCE Brunswick Corporation

CONTACT:
Kathryn Chieger
Vice President - Corporate and Investor Relations of Brunswick Corporation
+1-847-735-4612

Web site: http://www.brunswick.com
(BC)