BUSY, BUSY

Royal Precision, Inc. (RIFL:NASDAQ), announced that it has substantially expanded its Royal Grip order fulfillment capabilities with the opening of a new West Coast distribution center, located in Scottsdale, AZ. The Company's existing distribution facility located in Torrington, CT., will continue to provide customer service to the eastern U.S. Royal Precision has also purchased a large inventory of Royal Grip models in anticipation of its expansion in order to meet expected demand in the spring with prompt delivery.

It has also completed a restructuring of its credit facility with Wells Fargo Business Credit, Inc. The restructured facility consists of two term loans and two lines of credit that provides Royal Precision with $1.7 million of additional available borrowing capacity. The new agreement lowers the interest rate by 1 percent on borrowed funds, resulting in estimated savings of $65,000, according to the Company, annually and extends the maturity of the credit facility by one year to September 30, 2002. Royal also announced the promotion of Kevin Neill as it's chief financial officer.