EXHIBIT 99.1


FOR IMMEDIATE RELEASE

Contact:    Patricia Baldwin
            Corporate Communications
            972-888-7472

            Terry Taylor
            General Counsel
            972-888-7538



              BUSINESS LEGEND, PHILANTHROPIST ROBERT H. DEDMAN SR.
                          SUCCUMBS TO LONG-TERM ILLNESS
       CLUBCORP FOUNDER LEAVES RICH LEGACY TO FAMILY, INDUSTRY, EDUCATION,
                                    MEDICINE


DALLAS August 20, 2002 -- Robert H. Dedman, Dallas business leader,
philanthropist, entrepreneur, family man, and founder of ClubCorp Inc., the
world's largest owner and operator of golf courses, private clubs and resorts,
died today from a long-term illness. He was 76.

Mr. Dedman, chairman of the ClubCorp Board of Directors at his death, launched
the company (then called Country Club Inc.) in 1957 with the purchase of 400
acres in Dallas to develop Brookhaven Country Club. Mr. Dedman was once
described by an industry executive as "the Henry Ford of the club management
business." With the conviction that most clubs were built and managed like they
were "nobody's business," Mr. Dedman set out to build a private club company
that would be "somebody's business." In the process, he became the "King of
Clubs."

Dallas-based ClubCorp has since grown to hold $1.6 billion in assets and
internationally owns or operates more than 200 golf courses, country clubs,
private business and sports clubs and resorts. Among the company's nationally
recognized golf properties are Pinehurst in the Village of Pinehurst, N.C.,
(site of the 1999 and 2005 U.S. Opens); Firestone Country Club in Akron, Ohio,
(site of the 2002 Senior PGA Championship); Indian Wells Country Club in Indian
Wells, Calif. (site of the Bob Hope Chrysler Classic); The Homestead in Hot
Springs, Va., (America's first resort founded in 1766); and Mission Hills
Country Club in Rancho Mirage, Calif., (home of the Kraft Nabisco Championship).

ClubCorp established itself as a major resort operator when, in 1984, Mr. Dedman
purchased the renowned Pinehurst Resort & Country Club in North Carolina from a
consortium of banks. At the time, the resort was literally in a state of
disrepair. Mr. Dedman not only invested to restore the resort to its







position as the world's premier golf resort and the "St. Andrews of America,"
but he elevated the stature of the Donald Ross-designed Pinehurst No. 2 to
championship status. After serving as the venue for the 1999 U.S. Open
Championship, Pinehurst No. 2 again was tapped by the U.S. Golf Association to
serve as the site of the 2005 U.S. Open.

Mr. Dedman often attributed his success to a balanced approach in his business
and in his family life, the drive for excellence in all endeavors and the
development of "win-win" relationships. He chronicled his philosophies -- dubbed
"Robert's Rules of Order" -- in his 1999 book, King of Clubs: Grow Rich In More
Than Money. Although he earned his B.A., B.S. and L.L.B. from the University of
Texas at Austin, and his Master's of Law degree from Southern Methodist
University in Dallas, he preferred to be known as "my company's best salesman
because I founded the company and set its vision on how to balance sales,
service and pricing to give the best value."

"My family is deeply saddened but extremely gratified by the immediate and
overwhelming outpouring of sympathy," said Robert Dedman Jr., Mr. Dedman's
successor and ClubCorp CEO since 1998. "And I believe I speak for our extended
family of ClubCorp Members, Guests, business partners and Employee Partners when
I say we have lost an inspirational leader, a caring mentor and a devoted
friend."

Robert Dedman received numerous honors throughout his career, including Texas
Entrepreneur of the Year in 1976, Dallas Humanitarian of the Year in 1980, Texas
Business Hall of Fame in 1987 and the Horatio Alger Award in 1989. He was an
active philanthropist, and the Dedman School of Law, Dedman College and the
Dedman Center for Lifetime Sports at Southern Methodist University are named in
honor of him. He also served two terms as a member and chairman of the Texas
State Highway and Public Transportation Commission.

"Robert Dedman's commitment to SMU through the years has been truly
extraordinary," SMU President R. Gerald Turner said. "Through his and Nancy's
great generosity of time, talents and financial resources, he played a major
role in the university's progress. We are grateful for their visionary support,
which will benefit both present and future generations of students."

From his North Palm Beach, Fla., home, Jack Nicklaus and his wife, Barbara,
issued a statement: "Robert Dedman was certainly the leader in how to make golf
work as a business. What he created and built will serve as a model for many
others in the industry for years to come. Not only did I enjoy my professional
and personal relationship with Robert, but I considered it a privilege to know
him and call him a friend. Barbara and I send our most sincere thoughts, prayers
and sympathies to his family and his extended family at ClubCorp."







One of Mr. Dedman's frequent assertions was "we're in the business of selling
fun." He usually added, "I'm probably the luckiest man alive because my work is
literally my playground." He was particularly delighted when, at 65, he shot his
age on the golf course.

Mr. Dedman continued to work long hours well into his 70s. But he also found
time to play his beloved sports of golf and tennis -- and he always refused to
name which sport he liked best. In his later years, he traded his weekend work
for a tennis match and substituted his "business golf" for time on the links
with his wife, Nancy, and his grandsons.

Mr. Dedman acknowledged in his book that he could "go on" about golf because the
game provided him a metaphor for life. He wrote: "You don't have to be a golfer
to understand that the game involves keeping score, hoping to win and learning
to lose."

In an interview on the 45th anniversary of ClubCorp in 2002, Mr. Dedman said he
would like to be remembered as "a giver, not as a taker."

Robert H. Dedman is survived by his wife, Nancy; daughter, Patricia Dedman
Dietz, and her husband, Mark Dietz; son, Robert H. Dedman Jr., and his wife,
Rachael Redecker Dedman; five grandchildren, Jonathan Dietz, Jeffrey Dietz,
Christina Dietz, Catherine Dedman and Nancy Dedman.

A public viewing will be held from 6 p.m. to 8 p.m. Thursday, Aug. 22, at
Sparkman Hillcrest, 7405 W. Northwest Highway in Dallas. On Friday, Aug. 23, a
memorial service will be held at 3 p.m. at Highland Park United Methodist
Church, 3300 Mockingbird Lane, Dallas. In lieu of flowers, the family asks that
memorial "remembrances" be sent in the form of written recollections of Robert
Dedman. These memories subsequently will be compiled and distributed in his
honor. Please mail to "Robert Dedman Remembrances," 3030 LBJ Freeway, Dallas, TX
75234.

For more information about ClubCorp, visit www.clubcorp.com.