Continued Relationship Places Emphasis on Enhanced Cardholder Experience and Ongoing Support of Arnold Palmer Hospital and Winnie Palmer Hospital

ORLANDO, Fla. & PURCHASE, N.Y.–(BUSINESS WIRE)–Mar. 21, 2012– MasterCard, the PGA TOUR and Arnold Palmer today announced that MasterCard will continue as presenting sponsor of the Arnold Palmer Invitational Presented by MasterCard for four additional years, through the 2016 tournament. Proceeds from the tournament continue to benefit Arnold Palmer Hospital for Children and Winnie Palmer Hospital for Women & Babies.

The relationship between MasterCard, a sponsor of the PGA TOUR and Champions Tour since 1995, and the Arnold Palmer Invitational Presented by MasterCard began in 2004.

“Our relationship with the Arnold Palmer Invitational delivers so much to our organization, our cardholders and the local Orlando community,” said Chris McWilton, President, U.S. Markets, MasterCard. “While golf is a true passion for many of our cardholders, we’ve experienced first-hand the impact this tournament has on families across the southeast. We look forward to the continued success of this tournament, one of the crown jewels of the TOUR’s Florida Swing.”

“Throughout the first nine years of our partnership, MasterCard has helped raise more than $1.8 million that have directly impacted Arnold Palmer Hospital for Children,” said Arnold Palmer, legendary golf champion and ambassador. “I am looking forward to continuing our partnership over the next four years to deliver a world-class event for our players and fans, while continuing to support the hospitals.”

“We’re delighted that MasterCard is continuing its commitment as presenting sponsor of the Arnold Palmer Invitational, an association that has greatly benefited the tournament and its support of the Arnold and Winnie Palmer hospitals,” said PGA TOUR Commissioner Tim Finchem. “MasterCard has been an active sponsor on the PGA TOUR for a number of years, developing a variety of creative campaigns and promotions, and we look forward to continuing this outstanding relationship.”

Added Incentive for 2012

For the 2012 Arnold Palmer Invitational Presented by MasterCard, MasterCard has issued a challenge to its professional golf ambassadors. Should any of the ambassadors entered in this week’s event win the Arnold Palmer Invitational Presented by MasterCard, MasterCard will make an additional $200,000 donation to Arnold Palmer Hospital for Children and Winnie Palmer Hospital for Women & Babies in their name.

Enhanced Cardholder Experience

With the sponsorship renewal, MasterCard will continue to deliver increased value at the tournament, including a concierge to help MasterCard cardholders maximize their visit to Bay Hill, access to the MasterCard Club, exclusive viewing platforms on the 6th hole and 18th fairway and discounts on concessions and Tournament merchandise.

In 2013, these benefits will expand to include the ability to purchase tickets to a MasterCard cardholder hospitality tent, increased discounts on tournament tickets, and “priceless” golf lessons with a PGA teaching professional on Saturday and Sunday of the tournament.

“Every day, we look for ways to create stronger connections with consumers, while providing them with priceless experiences and memories,” said McWilton. “Over the past two years, we’ve expanded the ability to be involved with the tournament to social media activities. As we continue our sponsorship, we’ll have an ability to continue to deliver on this promise and create greater affection for the tournament and for our products.”

Delivering Priceless Experiences

In addition to its sponsorship of the Arnold Palmer Invitational Presented by MasterCard and the PGA TOUR, MasterCard offers its cardholders priceless golf experiences, from access to premier golf tournaments to the ability to be a TPC member for a day. For information including how to book, reserve and purchase Priceless Golf experiences, visit www.mastercard.com/pricelessnewyork.

For tickets to the 2012 Arnold Palmer Invitational Presented by MasterCard, or for more information about the tournament, visit the tournament website, www.arnoldpalmerinvitational.com, or call the Bay Hill Club ticket office at 407-876-7774 or toll free at 1-866-764-4843. Proceeds from the tournament benefit Arnold Palmer Hospital for Children and Winnie Palmer Hospital for Women & Babies.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the conversation on The Heart of Commerce Blog and subscribe for the latest news.

About PGA TOUR

The PGA TOUR is the world’s premier membership organization for touring professional golfers, co-sanctioning nearly 100 tournaments on the PGA TOUR, Champions Tour and Nationwide Tour. The PGA TOUR’s mission is to entertain and inspire its fans, deliver substantial value to its partners, create outlets for volunteers to give back, generate significant charitable and economic impact in communities in which it plays, and provide financial opportunities for TOUR players.

PGA TOUR tournaments are broadcast to approximately 715 million households in 225 countries and territories in 29 languages. Virtually all tournaments are organized as non-profit organizations in order to maximize charitable giving. In 2011, tournaments on the three Tours generated more than $118 million for local charitable organizations, bringing the TOUR’s all-time total of charitable contributions to more than $1.7 billion. The PGA TOUR’s web site is PGATOUR.COM, the No. 1 site in golf, and the organization is headquartered in Ponte Vedra Beach, FL.

Source: MasterCard

MasterCard
Seth Eisen, 914-249-3153
seth_eisen@mastercard.com
or
PGA TOUR
Chris Smith, 904-273-3379
csmith@pgatourhq.com