Huffy Sells Gen-X OPP To Salter

On March 22nd, 2004 HUFFY CORPORATION announced the saleof the Gen-X Opportunity (Close Out) business. The Gen-X OPP business,along with theGen-X trademark were sold back to the former owners, Jamie Salter and KennyFinkelstein.

Huffy Corporation’s Canadian operation formerly known as Gen-X will be knownas Huffy, Canada. Our businesses and brands including The Golf Company;Tommy Armour, RAM, Zebra and TearDrop; Board Sports; Lamar, LTD and Sims;Hockey; Hespeler and Action Sports; Dukes, Oxygen, Rage and Ultra Wheelswill continue to be marketed in the Huffy portfolio of brands.

Effective immediately, any reference to Gen-X Sports, Inc. that youcurrently have on file (i.e. vendor numbers) should be converted immediatelyto Huffy, 36 Dufflaw Road, Toronto, Ontario M6A 2W1. This note is beingsent to provide additional background with respect to our announcements madelast week.

If you have further questions or concerns please do not hesitate to contactany of our division heads:
Huffy Canada Phone # 416-630-4996
John Collins — President
Mark Brasier — Senior V.P. Boardsports
Rob Morash — V.P. Hockey
Kirk Peglow — V.P. Golf
Nick Kreider — V.P. Finance
Kerry Wasserman — V.P. Human Resources

William A. Smith
General Manager and Executive Vice President
(937) 704-3021