THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Ashworth, Inc. (ASHW)

6/26/2006 Proxy Information

The Company leases its Phenix City, Alabama distribution facility from 16 Downing, LLC, a related party owned by certain members of Gekko Brands, LLC’s management. Total payments under the operating lease for this facility made during the years ended October 31, 2005 and 2004 were $400,000 and $128,000, respectively. The lease agreement requires monthly payments of $33,000 through June 6, 2012.

Seidensticker (Overseas) Limited, a supplier of inventoried products to the Company, beneficially owned 718,980 shares, or approximately 5%, of the Company’s outstanding common stock, as of June 12, 2006. The President and Chief Executive Officer of Seidensticker (Overseas) Limited, Detlef H. Adler, was elected to the Company’s Board effective January 1, 2006. During the years ended October 31, 2005, 2004 and 2003, we purchased approximately $5,800,000, $4,000,000 and $3,900,000 of products from Seidensticker. We believe that the terms upon which we purchased the inventoried products from Seidensticker are no less favorable than the terms of similar arrangements with unrelated third parties.

Pursuant to the Agreement, the Company will reimburse to Knightspoint Partners II, L.P. its actual expenses incurred in connection with the proxy contest in the amount of approximately $180,000, as noted above. Mr. Meyer is a managing member of Knightspoint Partners LLC, an affiliate of Knightspoint Partners II, L.P.

5/9/2006 8K Information

Since March 2003, Mr. Meyer has served as a Managing Member of Knightspoint Partners LLC, a firm which he co-founded.

12/20/2005 8K Information

Mr. Adler is Chief Executive Officer of Seidensticker which is a supplier of woven shirts to Ashworth as well as a major shareholder.

2/18/2005 Proxy Information

The Company has a promotion agreement with Fred Couples who owns of record or beneficially approximately 4.4% of the Company’s common stock. The agreement requires Mr. Couples’ exclusive endorsement and promotion of Ashworth products through fiscal year 2011. The Company agreed to compensate Mr. Couples for these services in the form of an annual payment of $1,157,000 through November 1, 2004 and $1,000,000 annually until November 1, 2010. In addition, Mr. Couples has the right to earn a performance-based $100,000 annual cash bonus in calendar years 2001 through 2005.

The Company has a promotion agreement with former director James W. Nantz, III and his management company. Under the terms of the agreement, Mr. Nantz is paid a fee to endorse and promote Ashworth products through personal appearances, advertisements and other services through January 15, 2007. The annual consulting fee during fiscal year 2004 was $345,000, increasing annually up to $450,000 for fiscal year 2006 through January 15, 2007. Under the promotion agreement, the Company may request Mr. Nantz’s services for additional promotional appearances in addition to the three annual appearances required under the contract for an additional fee of $7,500 for each such additional appearance to be paid prior to or simultaneously with such contracted annual appearance.

2/17/2004 Proxy Information

The Company has a promotion agreement with Fred Couples who owns of record or beneficially approximately 4.4% of the Company’s common stock. The agreement requires Mr. Couples’ exclusive endorsement and promotion of Ashworth products through fiscal year 2011. The Company has agreed to compensate Mr. Couples for these services in the form of an annual payment of $1,157,000 until November 1, 2004, at which time the Company will pay Mr. Couples $1,000,000 annually until November 1, 2010. In addition, Mr. Couples has the right to earn a performance based $100,000 annual cash bonus in calendar years 2001 through 2005.

The Company has a promotion agreement with director James W. Nantz, III and his management company. Under the terms of the agreement, Mr. Nantz will be paid a fee to endorse and promote Ashworth products through personal appearances, advertisements and other services through January 15, 2007. The annual consulting fee during fiscal year 2003 is $235,000, increasing annually up to $450,000 for fiscal year 2006 through January 15, 2007. Under the promotion agreement, the Company may request Mr. Nantz’s services for additional promotional appearances in addition to the three annual appearances required under the contract for an additional fee