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Three Textron Executives Named Among Golf Industry's 25 Most Powerful Ranking highlights Textron's comprehensive service to industry

Providence, RI - September 28, 2001 - Joining the elite ranks of Tiger Woods and Jack Nicklaus, three Textron Inc. (NYSE: TXT) executives have been named among Golf Inc.'s "25 Most Powerful People in Golf." Textron Financial Corporation Chairman, President and CEO Stephen Giliotti, and Golf Course Finance division President Ray Munoz, were jointly named as the 5th most powerful, while Textron Golf, Turf & Specialty Products Chairman and CEO Greg Hyland was named 23rd most powerful.

Textron provides the golf industry with a full range of products and financing, making it easy for courses to satisfy many of their business needs with just one relationship. Textron Financial provides golf course financing as well as equipment financing for many of the products offered by Textron Golf, Turf & Specialty Products, including the world's leading golf car, E-Z-GO, as well as a full range of professional turf-care and utility vehicles. Golf Inc. notes that Textron Financial has, "more money dedicated to golf than any other lender." The magazine also notes that Textron Golf, Turf and Specialty Products is the largest distributor of golf equipment in the industry.

"The selection of Steve, Ray and Greg to this list spotlights Textron's efforts to become a one-stop-shop for golf course owners and operators. Textron is adopting a more holistic approach to our customers, aiming to provide them with the simplest and most efficient way to do business with multiple Textron units," said Lewis Campbell, Textron chairman and CEO. "This approach also benefits Textron as we leverage the strengths and relationships in one business unit to the benefit of another business unit," he added.

Textron Inc. (www.textron.com) is a $13 billion, global, multi-industry company with market-leading businesses in Aircraft, Automotive, Industrial Products, Fastening Systems and Finance. Textron has a workforce of 68,000 employees and major manufacturing facilities in 30 countries. Textron is among Fortune magazine's "Global Most Admired Companies" and Industry Week magazine's "Best Managed Companies."