E-Z-GO Textron and Evergreen Alliance Golf Ink Exclusive National Contract

January 29, 2004

Augusta, GA - January 29, 2004 - E-Z-GO Textron announced the signing of a multi-year contract with Evergreen Alliance Golf Limited (EAGL) to be the exclusive provider of golf cars and utility vehicles at all of EAGL's facilities across the Unites States.

Irving, Texas based EAGL is one of the premier multi-course management companies in the industry. The company operates over 30 golf courses in 9 states with a portfolio that includes high-end, municipal, resort and daily fee golf courses as well as semi-private and private golf clubs.

"We are very excited about our new partnership with Evergreen," said Kevin Holleran, E-Z-GO Vice President - Sales & Marketing. "This demonstrates the strength of our ability to offer a complete package of golf cars and utility vehicles with in-house financing through Textron Financial. Nobody else in our industry can do that with a single phone call like we can."

Evergreen President and CEO Joe Munsch said, "We are pleased to be associated with a market leader like E-Z-GO. It is important that we have world-class vehicles at our facilities and their products and services are second to none. We look forward to a very successful, long-term partnership with E-Z-GO."

With the addition of EAGL, E-Z-GO has contracts with each of the 10 largest golf course management companies.

E-Z-GO Textron, based in Augusta, Georgia, is celebrating its 50th anniversary in 2004. The company manufactures the #1 selling golf car in the world. Additionally, E-Z-GO is a leading provider of industrial, turf and utility vehicles for a variety of applications and industries. More information is available at www.ezgo.com.

Textron Inc. (NYSE: TXT) is a $10 billion multi-industry company with more than 43,000 employees in 40 countries. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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