Escalade Announces First Quarter Dividend Of $0.09 Per Share

EVANSVILLE, Ind., Feb. 27, 2014 /PRNewswire/ — Escalade, Inc. (NASDAQ: ESCA)
The Board of Directors of Escalade, Inc. announced today a quarterly dividend of
$0.09 per share would be paid to all shareholders of record on March 13, 2014
and disbursed on March 20, 2014.

Escalade has executed on its strategy to grow its profitability and operating
income as well as maintaining a strong financial position. As such, Escalade’s
Board of Directors has adopted a dividend policy under which the Company intends
to pay quarterly cash dividends on its common stock. Escalade is continuing its
$0.09 per share quarterly payment. Escalade’s Board of Directors will evaluate
the Company’s dividend policy on an ongoing basis after giving consideration to,
among other things, the financial condition of and outlook for the Company and
any particular cash flow and financing needs of the Company.

“We are pleased to continue our quarterly dividend payment based on the
Company’s strong financial performance,” stated Robert J. Keller, President and
Chief Executive Officer of Escalade, Inc. “This performance was highlighted by
double-digit top line revenue and earnings growth in 2013.”

Escalade is a quality manufacturer and marketer of sporting goods and
information security/print finishing products sold worldwide. To obtain more
information on the Company and its products, visit our website at: or contact Deborah Meinert, Vice President and CFO at
812/467-4449 or Robert J. Keller, President and CEO at 812/467-4449.

This press release contains forward-looking statements relating to present or
future trends or factors that are subject to risks and uncertainties. These
risks, include, but are not limited to, the impact of competitive products and
pricing, product demand and market acceptance, Escalade’s ability to
successfully integrate the operations of acquired assets and businesses, new
product development, the continuation and development of key customer and
supplier relationships, Escalade’s ability to control costs, general economic
conditions, fluctuations in operating results, changes in foreign currency
exchange rates, changes in the securities market, Escalade’s ability to obtain
financing and to maintain compliance with the terms of such financing, and other
risks detailed from time to time in Escalade’s filings with the Securities and
Exchange Commission. Escalade’s future financial performance could differ
materially from the expectations of management contained herein. Escalade
undertakes no obligation to update these forward-looking statements after the
date of this report.

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SOURCE Escalade, Inc.

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