June 26, 1997 Board of Directors Dynacraft Golf Products, Inc. and Subsidiary 71 Maholm Street Newark, Ohio 43055 Re: Change in Accounting Principle Members: During the year ended December 31, 1996 Dynacraft Golf Products, Inc. and Subsidiary changed its method for valuing inventory from lower of average cost or market to lower of absorption costing or market. Absorption costing is preferable to average cost for manufacturing and warehousing business. The effect of this change on 1996 income is an increase of $73,149. In addition to this effect, a cumulative effect of the accounting change for prior periods of $105,811 is recognized in the current year. The total increase in income from the accounting change is $178,960. Wilson, Shannon & Snow, Inc. Certified Public Accountants Ten West Locust Street Newark, Ohio 43055 (614) 345-6611 Fax (614) 345-5635