============================================================================== FORM T-1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) [ ] ===================== BNY MIDWEST TRUST COMPANY (formerly known as CTC Illinois Trust Company) (Exact name of trustee as specified in its charter) Illinois 36-3800435 (State of incorporation (I.R.S. employer if not a U.S. national bank) identification no.) 2 N. LaSalle Street Suite 1020 Chicago, Illinois 60602 (Address of principal executive offices) (Zip code) ===================== BRUNSWICK CORPORATION (Exact name of obligor as specified in its charter) Delaware 36-0848180 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 1 N. Field Ct. Lake Forest, Illinois 60045-4811 (Address of principal executive offices) (Zip code) ===================== Debt Securities (Title of the indenture securities) ============================================================================== 1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE TRUSTEE: (A) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO WHICH IT IS SUBJECT. ------------------------------------------------------------------------------ Name Address ------------------------------------------------------------------------------ Office of Banks & Trust Companies of 500 E. Monroe Street the State of Illinois Springfield, Illinois 62701-1532 Federal Reserve Bank of Chicago 230 S. LaSalle Street Chicago, Illinois 60603 (B) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS. Yes. 2. AFFILIATIONS WITH OBLIGOR. IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH AFFILIATION. None. 16. LIST OF EXHIBITS. 1. A copy of Articles of Incorporation of BNY Midwest Trust Company (formerly CTC Illinois Trust Company, formerly Continental Trust Company) as now in effect. (Exhibit 1 to Form T-1 filed with the Registration Statement No. 333-47688.) 2,3. A copy of the Certificate of Authority of the Trustee as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 2 to Form T-1 filed with the Registration Statement No. 333-47688.) 4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with the Registration Statement No. 333-47688.) 6. The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with the Registration Statement No. 333-47688.) 7. A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority. -2- SIGNATURE Pursuant to the requirements of the Act, the Trustee, BNY Midwest Trust Company, a corporation organized and existing under the laws of the State of Illinois, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Chicago, and State of Illinois, on the 31st day of May, 2001. BNY Midwest Trust Company By: /s/ D. G. DONOVAN -------------------------------- Name: D. G. DONOVAN Title: ASSISTANT VICE PRESIDENT -3- SIGNATURE Pursuant to the requirements of the Act, the Trustee, BNY Midwest Trust Company, a corporation organized and existing under the laws of the State of Illinois, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Chicago, and State of Illinois, on the 31st day of May, 2001. BNY Midwest Trust Company By: /s/ D.G. DONOVAN -------------------------------- Name: D.G. DONOVAN Title: ASSISTANT VICE PRESIDENT OFFICE OF BANKS AND REAL ESTATE Bureau of Banks and Trust Companies CONSOLIDATED REPORT OF CONDITION OF BNY Midwest Trust Company 208 West Jackson Boulevard Suite 700 Chicago, Illinois 60606 Including the institution's domestic and foreign subsidiaries completed as of the close of business on September 30, 2000, submitted in response to the call of the Office of Banks and Real Estate of the State of Illinois. ASSETS Thousands of Dollars -------- -------------------- 1. Cash and Due from Depository Institutions........... 23,538 2. U.S. Treasury Securities............................ -0- 3. Obligations of States and Political Subdivisions.... -0- 4. Other Bonds, Notes and Debentures................... -0- 5. Corporate Stock..................................... -0- 6. Trust Company Premises, Furniture, Fixtures and Other Assets Representing Trust Company Premises ........................................... 234 7. Leases and Lease Financing Receivables.............. -0- 8. Accounts Receivable................................. 3,706 9. Other Assets........................................ (Itemize amounts greater than 15% of Line 9) Goodwill and Intangibles ................49,497 49,681 10. TOTAL ASSETS........................................ 77,159 Page 1 of 3 OFFICE OF BANKS AND REAL ESTATE Bureau of Banks and Trust Companies CONSOLIDATED REPORT OF CONDITION OF BNY Midwest Trust Company 208 West Jackson Boulevard Suite 700 Chicago, Illinois 60606 LIABILITIES Thousands of Dollars ----------- -------------------- 11. Accounts Payable ................................... -0- 12. Taxes Payable ...................................... -0- 13. Other Liabilities for Borrowed Money ............... 7,000 14. Other Liabilities .................................. (Itemize amounts greater than 15% of Line 14) Reserve for Taxes ........................2,853 3,289 15. TOTAL LIABILITIES 10,289 EQUITY CAPITAL -------------- 16. Preferred Stock .................................... -0- 17. Common Stock........................................ 2,000 18. Surplus............................................. 62,130 19. Reserve for Operating Expenses ..................... -0- 20. Retained Earnings (Loss) ........................... 2,740 21. TOTAL EQUITY CAPITAL ............................... 66,870 22. TOTAL LIABILITIES AND EQUITY CAPITAL ............... 77,159 Page 2 of 3 I, Robert L. De Paola, Vice President (Name and Title of Officer Authorized to Sign Report) of BNY Midwest Trust Company certify that the information contained in this statement is accurate to the best of my knowledge and belief. I understand that submission of false information with the intention to deceive the Commissioner or his Administrative officers is a felony. Robert L. DePaola ------------------- (Signature of Officer Authorized to Sign Report) Sworn to and subscribed before me is 26th day of October, 2000. My Commission expires December 31, 2001. Carmelo C. Casella, Notary Public (Notary Seal) Person to whom Supervisory Staff should direct questions concerning this report. Jennifer Barbieri (212) 437-5520 -------------------------------------------- --------------------------- Name Telephone Number (Extension) Page 3 of 3