ANZ fund Aussie Ladies Masters

The Australian Ladies Professional Golf Tour announced yesterday that ANZ Bank had agreed to sponsor the
Australian Ladies Masters at the Royal Pines Resort on the Gold Coast,
Queensland, from March 8-11, 2001.

The Masters, which is joint-sanctioned with the Evian Ladies European Tour
(LET) and features as the opening event on its 2001 circuit, will now be
called the ANZ Ladies Masters.

Event organisers Tuohy Associates also confirmed that a number of the
world's leading players had already confirmed their participation in the
£200,000 tournament, including defending champion and world number one
Karrie Webb, European number one Sophie Gustafson of Sweden, and England's
former world number one Laura Davies.

Tim Howland, LET Chief Executive said:

"This is the Evian Tour's first season of joint-sanctioning the ANZ Ladies
Masters, and we look forward to developing a strong working relationship
with Tuohy Associates and the ANZ Bank in the years to come.

"The ANZ Ladies Masters has attracted a very strong field, it has a first
class venue in the Royal Pines Resort and I know that many of our members
are very much looking forward it. It should be a wonderful week of golf for
the state of Queensland."

Last year, Webb dramatically birdied the final two holes to defeat Canadian
Lorie Kane by a solitary shot. It was Webb's third victory in succession at
Royal Pines, her second of the year on the LPGA Tour and came on the back of
her victory a week earlier in the AAMI Women's Australian Open.

Davies, who will be playing in both the Masters and the Open, finished joint
third last season despite having a share of the lead going into the final
day.