Brunswick Corporation : Brunswick to Sell Retail Bowling Business to Bowlmor AMF




   Bowling Products Business for Sale; Conference Call at 4 p.m. (CDT) Today

LAKE FOREST, Ill., July 17, 2014 - Brunswick Corporation (NYSE: BC) today
announced it has agreed to sell its Retail Bowling business to Bowlmor AMF for
$270 million, contingent upon customary closing procedures.  Brunswick
anticipates completing this transaction in approximately 90 days.

In connection with its decision to sell its bowling centers, Brunswick also
announced its intention to divest its Bowling Products business.  Brunswick is
targeting to complete that sales process by the end of 2014, during which time
the Company will continue to operate the business.  Brunswick will retain its
legacy and namesake Billiards business.

Sale of Retail Bowling Business
Brunswick stated that it had found the Bowlmor AMF offer, which was unsolicited,
to be a unique opportunity to transfer ownership of this business at an
attractive valuation. "Brunswick Retail Bowling has long been a solid
contributor to our Company, and last year had approximately $187 million in
sales.  After careful consideration, however, we concluded that this transaction
is in the best interests of our shareholders and the Retail Bowling business,"
explained Brunswick Chairman and Chief Executive Officer Dustan E. McCoy.

"The bowling industry has been evolving as center counts decline and the
customer mix shifts from predominately league bowling to casual bowlers seeking
an entertainment-oriented experience. For Brunswick to drive growth in this
business, it would take continual development of new entertainment concepts and
significant additional investment to implement these new concepts at new
properties or to convert existing centers.  We believe directing investments
into select portions of our core Marine operations as well as our Fitness
business provide better opportunities for greater returns. In 2013, the Marine
and Fitness businesses together accounted for 92 percent of Brunswick's net
revenues," McCoy continued.

"Conversely, Bowlmor AMF's primary strategic objective is to invest in and grow
its retail bowling business, which includes proven entertainment concepts in
certain of its centers.  With the addition of the Brunswick locations, Bowlmor
AMF will increase its center count to 343 in North America, and, it will add
some of the most dedicated and talented people in retail bowling.

Exit of Bowling Products
"Finally, due to our exit from the Retail Bowling business, combined with
similar market dynamics, we have retained Lazard to seek a suitable buyer for
our Bowling Products business," McCoy concluded.

Brunswick stated its current plan assumes that the eventual purchaser will
retain both the manufacturing operations and the talented workforce of Bowling
Products.  During the sale process, Bowling Products will maintain ongoing
operations and conduct business-as-usual, while keeping its employees,
distribution network and customer base informed of the sale's progress.

Restatement of Financial Results

As a result of the Company's announced sale of its Retail Bowling business and
its intention to sell its Bowling Products business, beginning with the third
quarter of 2014, Brunswick will report the results of these businesses, which
were previously reported in the Bowling & Billiards segment, as discontinued
operations.  In addition, the results of the Billiards business will be included
in the Company's Fitness segment.


Attached to this release, the Company has provided certain restated financial
information for 2012, 2013 and the first quarter of 2014.

Impact on 2014 results and 2016 targets
As a result of these divestitures and associated discontinued operations
treatment, Brunswick estimates the dilution to EPS from continuing operations,
on both a GAAP and as adjusted basis, to be approximately $0.20 per diluted
share for the full-year 2014.  Further, Brunswick estimates that for 2014, the
free cash flow from continuing operations will be lower by $35 million to $40
million.

The Company continues to believe it can achieve the long-term financial targets
included in its three-year plan.  Therefore, the Company maintains its original
base case target of $3.00 to $3.40 earnings per diluted share in 2016.

Use of Proceeds
"Going forward, we anticipate net proceeds from both these divestitures and
associated actions, which reflect our current estimates for taxes and
liabilities to be paid, to approximate $270 million to $290 million.  We believe
our best opportunity to increase shareholder value is to use these net proceeds
to strengthen our Marine and Fitness segments.  Further, we plan to consider the
following: increasing the quarterly dividend, accelerating contributions to the
Company's underfunded pension plans as part of our de-risking strategy, and
establishing a share repurchase program," McCoy explained.

"Our highest priority will be to target investment opportunities in segments
such as marine parts and accessories along with those in Fitness.  Brunswick
already has completed one such investment by acquiring Whale, a leading marine
parts and accessories provider, and we anticipate additional acquisition
activity in this area," McCoy explained.

Conference Call
Brunswick will have a conference call today at 4 p.m. (CDT).  Security analysts
and investors wishing to participate via telephone should call
877-280-4956 (passcode: Brunswick).  Callers outside of North America should
call 857-244-7313 (passcode: Brunswick) to be connected.  These numbers can be
accessed 15 minutes before the call begins, as well as during the call.  To
listen via Internet go to http://www.brunswick.com/investors.  You will also
find slides of the presentation on the website.  A replay of the conference call
will be available through midnight (CDT) July 24, 2014, by calling 888-286-8010
or international dial 617-801-6888 (passcode: 25247783).  The replay also will
be available at www.brunswick.com.


Forward-Looking Statements

Certain statements in this news release are forward-looking as defined in the
Private Securities Litigation Reform Act of 1995. Such statements are based on
current expectations, estimates and projections about Brunswick's business.
Forward-looking statements by their nature address matters that are, to
different degrees, uncertain and often contain words such as "may", "could",
"expect", "intend", "target", "plan", "seek", "estimate", "believe", "predict",
"potential" or "continue".  These statements are not guarantees of future
performance and involve certain risks and uncertainties that may cause actual
results to differ materially from expectations as of the date of this news
release.  These risks include, but are not limited to: the effect of adverse
general economic conditions, including the amount of disposable income available
to consumers for discretionary purchases, tight consumer credit markets, and the
level of consumer confidence on the demand for marine, fitness and billiards
equipment, products and services; the ability of dealers and customers to secure
adequate access to financing and the Company's ability to access capital and
credit markets; the ability to maintain strong relationships with dealers,
distributors and independent boat builders; the ability to maintain effective
distribution and develop alternative distribution channels without disrupting
incumbent distribution partners; the ability to successfully manage pipeline
inventories and respond to any excess supply of repossessed and aged boats in
the market; credit and collections risks, including the potential obligation to
repurchase dealer inventory; the risk of losing a key account or a critical
supplier; the strength and protection of the Company's brands and other
intellectual property; the ability to spread fixed costs while establishing a
smaller manufacturing footprint; the ability to successfully complete
restructuring efforts in accordance with projected timeframes and costs; the
ability to obtain components, parts and raw materials from suppliers in a timely
manner and for a reasonable price; the need to meet pension funding obligations;
the effect of higher energy and logistics costs, interest rates and fuel prices
on the Company's results; competitive pricing pressures, including the impact of
inflation and increased competition from international competitors; the ability
to develop new and innovative products in response to changing retail demands
and expectations that are differentiated for the global marketplace at a
competitive price and in compliance with applicable laws; the effect of
competition from other leisure pursuits on the level of participation in
boating, fitness and billiards activities; the risk of product liability,
warranty and other claims in connection with the manufacture and sale of
products; the ability to respond to and minimize the negative financial impact
of legislative and regulatory developments, including those related to
environmental restrictions, climate change, healthcare costs, taxes and employee
benefits; the ability to maintain market share, particularly in high-margin
products; fluctuations in the Company's stock price due to external factors; the
ability to maintain product quality and service standards expected by customers;
the ability to increase manufacturing operations and meet production targets
within time and budgets allowed; negative currency trends, including shifts in
exchange rates; competition from new technologies; the ability to complete
environmental remediation efforts and resolve claims and litigation at the cost
estimated; the uncertainty and risks of doing business in international
locations, including international political instability, civil unrest and other
risks associated with operations in emerging markets; the risk of having to
record an impairment to the value of goodwill and other assets; the effect that
catastrophic events may have on consumer demand and the ability to manufacture
products, including hurricanes, floods, earthquakes, and environmental spills;
the effect of weather conditions on demand for marine products; the risk of
losing individuals who are key contributors to the organization; and risks
associated with the Company's information technology systems, including the
continued use of legacy systems and the risk of a failure of or attacks on the
Company's information systems, which could result in data security breaches,
lost or stolen assets or information, and associated remediation costs.


Additional risk factors are included in the Company's Annual Report on Form 10-K
for 2013.  Such forward-looking statements speak only as of the date on which
they are made and Brunswick does not undertake any obligation to update any
forward-looking statements to reflect events or circumstances after the date of
this news release, or for changes made to this document by wire services or
Internet service providers.

About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill
"Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury
and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard
engines; MotorGuide trolling motors; Attwood and Whale marine parts and
accessories; Land 'N' Sea, Kellogg Marine, and Diversified Marine parts and
accessories distributors; Bayliner, Boston Whaler, Brunswick Commercial and
Government Products, Crestliner, Cypress Cay, Harris FloteBote, Lowe, Lund,
Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray and Uttern boats, and Life
Fitness and Hammer Strength fitness equipment and Brunswick billiards tables and
table tennis.  For more information, visit http://www.brunswick.com.

Release:        IMMEDIATE
Contact:         Bruce Byots
Vice President - Corporate and Investor Relations
Phone:          847-735-4612

Contact:         Daniel Kubera
Director - Media Relations and Corporate Communications
Phone:          847-735-4617
Email:            daniel.kubera@brunswick.com



 Brunswick
 Corporation

 Segment Restatement - Continuing Operations

 2013 - 2014

 (in millions)

 (unaudited)


                  ----------------------------------------------------------------------
                                       First Quarter - 2014 and 2013
                  ----------------------------------------------------------------------
                                                Operating Earnings
                           Net Sales                  (Loss)             Restructuring
                  --------------------------- ----------------------- ------------------
                                                                        March     March
                    March 29,     March 30,    March 29,   March 30,     29,       30,
                       2014          2013         2014        2013       2014      2013
                  ------------- ------------- ----------- ----------- --------- --------
 Marine Engine     $   505.1     $   521.8     $  61.7     $  71.5     $   -     $   -

 Boat                  282.8         289.7         8.4         2.4         -       4.9

 Marine
 eliminations          (73.1 )       (67.6 )         -           -         -         -
                  ------------- ------------- ----------- ----------- --------- --------
    Total Marine       714.8         743.9        70.1        73.9         -       4.9



 Fitness               180.1         171.2        29.7        24.7         -         -

 Pension - non-
 service costs             -             -        (3.7 )      (4.9 )       -         -

 Corporate/Other           -             -       (14.2 )     (18.5 )       -       0.7
                  ------------- ------------- ----------- ----------- --------- --------
    Total          $   894.9     $   915.1     $  81.9     $  75.2     $   -     $ 5.6
                  ------------- ------------- ----------- ----------- --------- --------



                  ----------------------------------------------------------------------
                                           Second Quarter - 2013
                  ----------------------------------------------------------------------
                                                Operating Earnings
                           Net Sales                  (Loss)             Restructuring
                  --------------------------- ----------------------- ------------------
                      Three                      Three        Six       Three      Six
                     Months      Six Months     Months      Months     Months    Months
                      Ended         Ended        Ended       Ended      Ended     Ended
                  ------------- ------------- ----------- ----------- --------- --------
                                                                         June      June
                     June 29,      June 29,     June 29,    June 29,     29,       29,
                       2013          2013         2013        2013       2013      2013
                  ------------- ------------- ----------- ----------- --------- --------
 Marine Engine     $   631.7     $ 1,153.5     $ 119.4     $ 190.9     $   -     $   -

 Boat                  310.9         600.6        14.6        17.0       2.5       7.4

 Marine
 eliminations          (66.1 )      (133.7 )         -           -         -         -
                  ------------- ------------- ----------- ----------- --------- --------
    Total Marine       876.5       1,620.4       134.0       207.9       2.5       7.4



 Fitness               156.9         328.1        21.5        46.2         -         -

 Pension - non-
 service costs             -             -        (4.6 )      (9.5 )       -         -

 Corporate/Other           -             -       (15.1 )     (33.6 )       -       0.7
                  ------------- ------------- ----------- ----------- --------- --------
    Total          $ 1,033.4     $ 1,948.5     $ 135.8     $ 211.0     $ 2.5     $ 8.1
                  ------------- ------------- ----------- ----------- --------- --------




 Brunswick
 Corporation

 Segment Restatement - Continuing
 Operations

 2013

 (in millions)

 (unaudited)


                  -----------------------------------------------------------------------------
                                               Third Quarter - 2013
                  -----------------------------------------------------------------------------
                                                Operating Earnings
                          Net Sales                   (Loss)                 Restructuring
                  -------------------------- ------------------------- ------------------------
                     Three                      Three         Nine        Three         Nine
                     Months     Nine Months     Months       Months       Months       Months
                     Ended         Ended        Ended        Ended        Ended        Ended
                  ------------ ------------- ------------ ------------ ------------ -----------
                    September    September     September    September    September    September
                      28,           28,          28,          28,          28,          28,
                      2013          2013         2013         2013         2013         2013
                  ------------ ------------- ------------ ------------ ------------ -----------
 Marine Engine     $ 511.1      $ 1,664.6     $ 75.2       $ 266.1      $   -        $    -

 Boat                191.7          792.3      (16.9 )         0.1        2.6          10.0

 Marine
 eliminations        (49.1 )       (182.8 )        -             -          -             -
                  ------------ ------------- ------------ ------------ ------------ -----------
    Total Marine     653.7        2,274.1       58.3         266.2        2.6          10.0



 Fitness             170.7          498.8       25.3          71.5          -             -

 Pension - non-
 service costs           -              -       (4.6 )       (14.1 )        -             -

 Corporate/Other         -              -      (16.3 )       (49.9 )        -           0.7
                  ------------ ------------- ------------ ------------ ------------ -----------
    Total          $ 824.4      $ 2,772.9     $ 62.7       $ 273.7      $ 2.6        $ 10.7
                  ------------ ------------- ------------ ------------ ------------ -----------



                  -----------------------------------------------------------------------------
                                              Fourth Quarter - 2013
                  -----------------------------------------------------------------------------
                                                Operating Earnings
                          Net Sales                   (Loss)                 Restructuring
                  -------------------------- ------------------------- ------------------------
                     Three                      Three                     Three
                     Months                     Months                    Months
                     Ended      Year Ended      Ended      Year Ended     Ended      Year Ended
                  ------------ ------------- ------------ ------------ ------------ -----------
                    December     December      December     December     December     December
                      31,           31,          31,          31,          31,          31,
                      2013          2013         2013         2013         2013         2013
                  ------------ ------------- ------------ ------------ ------------ -----------
 Marine Engine     $ 423.5      $ 2,088.1     $ 18.1       $ 284.2      $   -        $    -

 Boat                239.7        1,032.0      (21.9 )       (21.8 )      5.8          15.8

 Marine
 eliminations        (53.6 )       (236.4 )        -             -          -             -
                  ------------ ------------- ------------ ------------ ------------ -----------
    Total Marine     609.6        2,883.7       (3.8 )       262.4        5.8          15.8



 Fitness             217.2          716.0       36.6         108.1          -             -

 Pension - non-
 service costs           -              -       (4.6 )       (18.7 )        -             -

 Corporate/Other         -              -      (20.1 )       (70.0 )        -           0.7
                  ------------ ------------- ------------ ------------ ------------ -----------
    Total          $ 826.8      $ 3,599.7     $  8.1       $ 281.8      $ 5.8        $ 16.5
                  ------------ ------------- ------------ ------------ ------------ -----------



 Brunswick Corporation

 Selected Financial Data - Continuing
 Operations

 2012 - 2014

 (in millions)

 (unaudited)

                                        Quarter Ended                                  Year Ended
              ---------------------------------------------------------------- --------------------------
                                                        September   December     December      December
                 March 29,   March 30,     June 29,       28,          31,          31,           31,
                    2014        2013         2013         2013         2013         2013          2012
                ----------- ----------- ------------- ------------ ----------- ------------- ------------
 Net sales       $ 894.9     $ 915.1     $ 1,033.4     $ 824.4      $ 826.8     $ 3,599.7     $ 3,416.8

 Gross
 margin((A))        27.2 %      25.9 %        28.0 %      27.6  %      23.6 %        26.4 %        25.6 %

 Operating
 earnings((B))   $  81.9     $  75.2     $   135.8     $  62.7      $   8.1     $   281.8     $   237.2

 Earnings
 before income
 taxes((B)
 (C))            $  75.1     $  62.5     $    90.8     $  54.6      $   1.0     $   208.9     $   156.0

 Diluted
 earnings per
 common
 share((D))      $  0.52     $  0.46     $    0.84     $  0.61      $  6.13     $    8.07     $    1.35


(A)  Gross margin  is defined  as Net  sales less  Cost of sales, divided by Net
sales.
(B)   Includes restructuring charges of $5.6 million, $2.5 million, $2.6 million
and $5.8 million for the quarters ended March 30, 2013, June 29, 2013, September
28, 2013 and  December 31, 2013, respectively.    Includes restructuring charges
of  $16.5  million  and  $25.4  million  for  the  years  ended  2013 and 2012,
respectively.
(C)   Includes debt extinguishment  losses of $0.1  million, $32.3 million, $0.3
million  and $0.1 million for the quarters ended March 30, 2013, June 29, 2013,
September   28, 2013 and   December   31, 2013, respectively.    Includes   debt
extinguishment  losses of  $32.8 million  and $16.3  million for the years ended
2013 and 2012, respectively.
(D)  Includes reversal of  deferred tax valuation  allowance reserves of ($6.35)
and  ($6.39) per share for the quarter  ended and year ended December 31, 2013,
respectively.   Includes restructuring charges of  $0.05, $0.02, $0.02 and $0.06
per  share  for  the  quarters  ended  March  30, 2013, June 29, 2013, September
28, 2013 and December 31, 2013, respectively.  Includes restructuring charges of
$0.16  and $0.27  per share  for the  years ended  2013 and 2012, respectively.
Includes  debt  extinguishment  losses  of  $0.32  and  $0.01  per share for the
quarters  ended  June  29, 2013 and  December 31, 2013, respectively.   Includes
debt  extinguishment losses  of $0.32  and $0.18  per share  the the years ended
2013 and 2012, respectively.  Includes the effect of special tax items of $0.11,
$0.02,  ($0.05) and $0.22 per share  for the quarters ended March 30, 2013, June
29, 2013, September  28, 2013 and December 31, 2013, respectively.  Includes the
effect  of special tax  items of $0.31  and $0.03 per  share for the years ended
2013 and 2012, respectively.


  ###








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