ClubCorp Acquires Bernardo Heights Country Club

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News Desk 2018
ClubCorp Acquires Bernardo Heights Country Club

DALLAS, TX --(Marketwired - December 17, 2015) - ClubCorp  -- The World Leader in Private Clubs ® ( NYSE : MYCC ) -- announces the acquisition of Bernardo Heights Country Club, a private, previously member-owned club located in north county San Diego. ClubCorp plans a multimillion-dollar reinvention project that will bring new dining, social and family features that will enhance the club experience.

The reinvention project will include:

  • New outdoor patio with lounge seating and fire pit
  • New expanded grill featuring new, handcrafted menus and large-screen TVs
  • New fairway bunkers and completion of greenside bunkers renovation
  • New golf cart fleet and new golf course amenities
  • New events and programming with a focus on fun for the whole family

The acquisition of Bernardo Heights Country Club marks the ninth club acquired by ClubCorp in 2015, and further increases the company's portfolio of owned and operated clubs, which stands at over 200 clubs in 26 states, the District of Columbia, Mexico and China.

"We are excited to add Bernardo Heights -- a beautiful facility that offers an outstanding golf experience -- to the ClubCorp Network," said Eric Affeldt, ClubCorp President and CEO. "San Diego is a top destination for our many traveling members. With the addition of Bernardo Heights, we now have three premier private golf and country clubs plus a first class business club in the area." In addition to Bernardo Heights, ClubCorp's clubs in San Diego include Morgan Run Club & Resort in Rancho Santa Fe, Shadowridge Golf Club in Vista and University Club atop Symphony Towers in downtown.

"Bernardo Heights members appreciate the value the ClubCorp Network brings, ClubCorp's knowledge of the industry and their commitment to capital improvements," said Jim Sahagian, president of the club's board of directors. "A modernized clubhouse, combined with the renovations on the golf course, will make Bernardo Heights a top-tier country club in the San Diego region. We look forward to this new chapter for the club."

Just minutes off Interstate 15, Bernardo Heights Country Club -- one of San Diego's finest private clubs -- features a beautiful 18-hole, 6,700-yard Ted Robinson-designed golf course overlooking the community of Rancho Bernardo. The Mediterranean-style clubhouse offers both upscale and casual dining, with an expansive patio and views of the 9 th hole, pond and waterfall, private dining rooms and elegant private event space that can accommodate up to 130.

Bernardo Heights members can also enjoy ClubCorp's unique O.N.E. program, which provides value-oriented benefits at the member's Home Club, in their Community and Worldwide including complimentary green fees and complimentary dining when traveling throughout the ClubCorp Network, which now offers access to more than 300 private clubs and special offerings at more than 1,000 hotels, resorts and entertainment venues.

About ClubCorp ( NYSE : MYCC )

Since its founding in 1957, Dallas-based ClubCorp has operated with the central purpose of Building Relationships and Enriching Lives®. ClubCorp is a leading owner-operator of private golf and country clubs and private business clubs in North America. ClubCorp owns or operates a portfolio of over 200 golf and country clubs, business clubs, sports clubs, and alumni clubs in 26 states, the District of Columbia and two foreign countries that serve over 430,000 members, with approximately 20,000 peak-season employees. ClubCorp Holdings, Inc. is a publicly traded company on the New York Stock Exchange ( NYSE : MYCC ). ClubCorp properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); Capital Club Beijing ; and Metropolitan Club Chicago . You can find ClubCorp on Facebook at facebook.com/clubcorp and on Twitter at @ClubCorp .

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Patty Jerde Communications Manager 972-888-7790 Frank Molina Vice President, Investor Relations and Treasury 972-888-6206

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