Under a stock buyback program approved by its Board of Directors in February 2003, Escalade, Incorporated  (Nasdaq: ESCA) announced that it has acquired a total of 125,555 shares of its common stock on the open market at an average price of $14.59 per share. To date the Company has spent roughly 61% of the $3,000,000 set aside for this purpose and continues to look for stock acquisition opportunities on the open market as well as in private negotiated transactions.

Escalade is a quality manufacturer and marketer of sporting goods and office/graphic arts products sold worldwide by better resellers.

For more information on Escalade, Inc., please visit our website at www.EscaladeInc.com or contact Terry Frandsen, VP Finance at 260/569-7208 or C.W. (Bill) Reed, President and CEO at 260/569-7233.