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Published Date:   Jan. 24, 1997

Company Name:     National Golf Properties Inc.

Address:          2951 28th St.
                 Suite 3001
                 Santa Monica, Calif. 90405

Main Telephone
Number:          310/664-4100

Chief Executive
Officer:         Richard C. Price

Chief Financial
Officer:         Edward R. Sause

Investor Relations
Contact:         Neil M. Miller
Business number: 310/664-4100

Public Relations
Contact:         Neil M. Miller
Business number: 310/260-5500

Trading Symbol:   TEE

Industry:         Real estate investment trust -- golf