1. Rule changes 

                              These rules will remain unchanged during the
                              year 2003. Interpretation of these rules will be
                              left exclusively to the tournament director.
                              Decisions of the tournament director are final
                              in all matters and are not subject to appeal.
                              Protests must be made in writing within 30
                              minutes of the official check-in time of the
                              final flight of each tournament day. 

                         2. Participation and eligibility 

                              Qualifying Events - Pro-angler participation is
                              open only to registered Ranger, Crestliner and
                              Lund owners. Co-angler participation is open
                              to the general public. It will be the
                              responsibility of anglers to submit their
                              application and deposits in accordance with
                              the procedures outlined below. 
                              Participation is open only to members of FLW
                              Outdoors who are 16 years of age or older.
                              Any person entering a tournament under the
                              age of majority must also have the signature
                              of their parent or legal guardian in the
                              provided space on the entry form. 
                              A completed entry form and the complete
                              entry fee must be received in-house at FLW
                              Outdoors no later than the published deadline
                              for each tournament. FLW Outdoors will
                              accept 300 contestants (150 boats) at each
                              qualifying tournament. The possibility exists
                              that over 300 contestants may fish a
                              qualifying event. Entries received after a
                              tournament has filled will be placed on a
                              waiting list. 
                              Pros may submit a $500 deposit for each
                              event to hold their spot. Co-anglers may
                              submit a $200 deposit for each event to hold
                              their spot. For anglers that are Ranger,
                              Crestliner or Lund owners, non-transferable,
                              non-refundable deposits will be accepted to
                              hold spots for tournaments beginning 8:00
                              a.m. Central Time, January 6, 2003. For other
                              entries, non-transferable, non-refundable
                              deposits will be accepted to hold spots for
                              tournaments beginning 8:00 a.m. Central
                              Time, January 13, 2003. Anglers entering with
                              a counterpart (Pro with a Co-angler, or
                              Co-angler with a Pro) will be given priority,
                              anglers entering all four events with a
                              counterpart will be given top priority. All
                              others will be confirmed in order of entry. 
                              Deposits may be made by mail, phone, fax, or
                              on-line at www.flwoutdoors.com/rcl. Entry
                              fees (minus the deposit amount) may be
                              transferred or refunded if FLW Outdoors is
                              notified prior to the entry deadline. Entry fees
                              will not be transferred or refunded after the
                              entry deadline. Deposits may not be
                              transferred or refunded at anytime. 
                              Those placed on the waiting list, that are not
                              accepted into the tournament will receive a
                              full refund after the tournament. 

                              Points standings 
                              200 points will be awarded to the winner of
                              each qualifying event, 199 to 2nd, 198 to 3rd,
                              etc. All anglers who receive weight credit will
                              receive points. 

                              Wal-Mart RCL Championship

                                   From the RCL Walleye Tour the top 35
                                   Pros and the top 35 Co-anglers at each
                                   event will qualify for the RCL
                                   Championship. FLW Outdoors must
                                   receive a completed championship entry
                                   form within 15 days of each qualifying
                                   event. If any qualifier is unable to
                                   attend or has already qualified for the
                                   Wal-Mart RCL Championship, the next
                                   angler on the standings list will be
                                   eligible. 
                                   From other sanctioned events a
                                   minimum of 60 Pro and 60 Co-angler
                                   positions will be available. Pro-angler
                                   participation is open only to registered
                                   Ranger, Crestliner and Lund owners who
                                   participate as boaters in sanctioned
                                   tournaments. Co-angler participation is
                                   open to anyone who participates in
                                   sanctioned tournaments. It will be the
                                   responsibility of qualifying anglers to
                                   submit their application in accordance
                                   with the procedures outlined below. In
                                   order to be eligible, the Ranger,
                                   Crestliner and Lund boat owner must
                                   fish out of a Ranger, Crestliner or Lund
                                   (except for amateurs or co-anglers) be
                                   the registered owner of a Ranger,
                                   Crestliner or Lund, and must have
                                   purchased their boat prior to qualifying
                                   for the RCL Walleye Championship.
                                   Qualification for the RCL Walleye
                                   Championship begins September 1, 2002
                                   and ends August 18, 2003. Anglers can
                                   fish only one division (Pro or Co-Angler)
                                   and occupy only one slot. Anglers who
                                   register must complete and submit an
                                   entry form beginning February 3, 2003
                                   or within 15 days of the qualifying event
                                   which contains the following
                                   information: Qualifying event and date,
                                   place of finish and weight, copy of boat
                                   title or bill of sale and current boat
                                   registration w/boat and outboard model
                                   and year (boat documentation needs to
                                   be submitted only once.) 
                                   Anglers may register from every
                                   sanctioned event they compete in until
                                   they are confirmed. No deposit is due
                                   when registering for the RCL
                                   Championship. Available slots will be
                                   filled based on place of finish. Qualifying
                                   anglers will be sent a letter of
                                   confirmation and given a deposit and
                                   balance deadline date. FLW Outdoors
                                   will maintain a waiting list (based on
                                   place of finish) for each sanctioned
                                   organization, if any angler fails to submit
                                   their deposit or balance by the due
                                   date, the next angler on the waiting list
                                   will become eligible. In order to assure a
                                   full field of 400 anglers, if any of the
                                   eligible anglers choose not to enter,
                                   participation may be offered to other
                                   Ranger, Crestliner or Lund owners
                                   competing in the sanctioned walleye
                                   tournaments, beginning August 28,
                                   2003. (The possibility exists that more
                                   than 400 anglers may compete in the
                                   RCL Championship). 

                         3. Pre-tournament practice 

                              There will be no official practice period or
                              off-limits period prior to the pre-tournament
                              meeting. No contestant may be on
                              tournament waters for the purpose of locating
                              walleye or locating potential fishing waters
                              after the pre-tournament meeting except
                              during tournament hours. The purchasing of
                              information or the hiring of services will not be
                              permitted after the entry/balance date for
                              each event (September 11, 2003 for the
                              Wal-Mart RCL Championship). 

                         4. Registration and pre-tournament meeting 

                              Each contestant must register in person at
                              the designated site during the official
                              registration hours 3:00-6:00 p.m. local time
                              the day before the tournament. Contestants
                              registering between 6:00-6:15 p.m. will pay a
                              $25.00 late fee which will be donated to the
                              FishAmerica Foundation. Contestants more
                              than 15 minutes late will forfeit their entry fee
                              and will not be entered in the tournament. It
                              is mandatory that all contestants attend the
                              pre-tournament meeting, which will be held at
                              6:30 p.m. local time. Being late for the
                              pre-tournament meeting will result in a $25.00
                              late fee which will be donated to the
                              FishAmerica Foundation. Any contestant not
                              present for partner pairings will forfeit their
                              entry fee and will not be entered in the
                              tournament. 

                              Gold Membership
 

                              Gold members who cannot attend the
                              pre-tournament meeting will be allowed to
                              send a person who is 16 years of age or older
                              to represent them at registration.
                              Non-contestants can represent one person;
                              contestants can represent themselves and
                              one other person. This representative must
                              attend the pre-tournament meeting to record
                              flights, take-off time, check-in time, off-limits
                              areas, size and creel limits, etc. This
                              representative must also attend the partner
                              draw immediately following the
                              pre-tournament meeting to receive the Gold
                              Member's boat number, meet their partner,
                              record their partner's lodging information,
                              phone number, and exact location for the Gold
                              Member to meet their partner prior to take
                              off. 

                         5. Pairings 

                              Partners will be paired by draw. All
                              contestants must meet with their assigned
                              partners during pairings at the pre-tournament
                              meeting. Partners should advise each other of
                              their respective lodging and phone numbers
                              and establish a meeting time and place for the
                              following morning's take-off. The tournament
                              director, at his sole discretion, may reassign
                              partners prior to the morning take-off. 

                         6. Safety 

                              Safe boating must be observed at all times.
                              Each contestant is required to wear a
                              fastened, U.S. Coast Guard approved,
                              personal floatation device anytime the main
                              combustion engine is in operation above idle
                              from boat check until weigh-in. All boats must
                              be equipped with an emergency ignition
                              shut-off device that must be securely
                              attached to the driver's body whenever the
                              main combustion engine is in operation above
                              idle. Each boat is required to have a fully
                              functional marine band base radio and
                              adequate fixed antenna (hand held radios are
                              allowed only as back-up units). The use of
                              mobile communication devices during
                              tournament hours such as cellular telephones,
                              marine radios, walkie-talkies, CBs, etc., is
                              permitted except to communicate fishing
                              information. 
                              At the discretion of the tournament director
                              tournament days may be shortened or
                              canceled due to unsafe weather or water
                              conditions. 

                         7. Sportsmanship 

                              All contestants are required to follow high
                              standards of sportsmanship, courtesy and
                              conservation and to conduct themselves in a
                              manner that will be a credit to themselves, to
                              FLW Outdoors, FLW Outdoors sponsors, the
                              sport of fishing and FLW Outdoors efforts to
                              promote the sport. Examples of conduct not
                              complying with those standards include, but
                              are not limited to, the following: 
                                   Consumption and/or possession of
                                   alcoholic beverages or any kind of
                                   mind-altering substance during
                                   registration, the pre-tournament
                                   meeting or during tournament hours
                                   extending through the weigh-in
                                   procedure. 
                                   Abuse of, or addiction to, mind-altering
                                   substances. 
                                   Conviction of a felony within the past
                                   36 months 
                                   Any other words, conduct or actions
                                   reflecting unfavorably upon efforts to
                                   promote safety, sportsmanship, fair
                                   competition and compliance with
                                   tournament rules. 
                              In case of any conduct not complying with
                              the standards, FLW Outdoors shall have the
                              right to refuse any application, or to deny a
                              confirmed application, by returning the entry
                              fee of a previously accepted application, or to
                              disqualify a contestant. 

                         8. Boat operation 

                              Pro division anglers will have complete control
                              of boat operation and waters to be fished.
                              Pros must provide their Co-Angler partners
                              with all presentation equipment such as
                              downriggers, planer boards, side planers, rods,
                              reels, bait, line and terminal tackle.
                              Co-Anglers are not permitted to bring any
                              tackle into the Pro's boat. Co-Anglers who
                              share their Pro partner's fishing locations with
                              any other competitors will be disqualified along
                              with the person utilizing this information. 

                         9. Boat and horsepower regulation 

                              All boats must be Ranger, Crestliner or Lund
                              brands and a minimum of 17' in length. All
                              boats must be equipped with either wheel or
                              tiller steering. No other steering devices will
                              be permitted. No barges or similar cumbersome
                              crafts will be permitted. Each boat must have
                              all required U.S. Coast Guard safety
                              equipment. Boats must contain a properly
                              aerated livewell space to maintain alive a limit
                              catch of fish. Maximum horsepower for all
                              outboards used in tournament competition will
                              be 250 horsepower, not to exceed the
                              horsepower limitations set by the U. S. Coast
                              Guard. Each boat must have an U.S. Coast
                              Guard horsepower rating plate attached to
                              the boat by the manufacturer. The
                              horsepower of the outboard engine must not
                              exceed the rating specified on this rating
                              plate or the 250 horsepower maximum set by
                              FLW Outdoors. By signing the entry form,
                              each contestant agrees to submit their boats
                              and/or motors to an inspection by factory
                              trained personnel. Falsifying information on
                              entry forms or altering the horsepower
                              numbers on the motor or rating plate will be
                              cause for disqualification from the tournament
                              and may result in future ineligibility to enter
                              FLW Outdoors tournaments. Fuel may be
                              carried only in factory-installed fuel tanks.
                              Additional factory option gas tanks (for a
                              remote engine) must be installed by a
                              manufacturer's authorized dealer or service
                              crew. Gas tanks must be secured or strapped.
                              Any additional fuel used during the
                              tournament day must be purchased from a
                              retail facility open to the public. 

                         10. Permitted fishing methods 

                              All fish must be caught in a conventional
                              sporting manner. Live bait may be used. No
                              more than two fishing rods per angler may be
                              used at a time. Trolling is permitted. 

                         11. Permitted fishing locations 

                              Contestants may fish anywhere on
                              tournament waters accessible by boat, except
                              areas designated as "off-limits" or "no fishing"
                              by local, state or federal officials or within any
                              other competitor's first marked fishing area. A
                              "marked fishing area," is defined as a 50-foot
                              diameter area centered with a marker buoy.
                              The contestant must remain within the
                              marked area and may leave only to play and
                              land a fish. When limited out or not fishing,
                              the marker must be picked up. A marked area
                              may be navigated through if it restricts or
                              blocks access to other fishable waters. All
                              angling must be conducted from the boat. At
                              no time may a contestant leave the boat to
                              land a fish or to make the boat more
                              accessible to fishing waters. Contestants
                              must leave and return to the official
                              checkpoint by boat. The boat must remain in
                              the tournament waters during the tournament
                              day. No tournament boat may be loaded on
                              the trailer before the weigh-in except with the
                              permission of the tournament director. In the
                              event of equipment failure or emergency,
                              there will be only two permitted methods of
                              returning to the official check-in: (1) by both
                              partners remaining in their boat and being
                              towed by water, or (2) by one of the partners
                              entering the boat of another tournament
                              contestant. Under these two conditions the
                              contestants' catch may be counted without
                              penalty (except late penalties, dead fish
                              penalties or any other penalties pertaining to
                              other tournament rules). Contestants who
                              elect to return to the official check-in by any
                              other means than cited above will forfeit that
                              day's catch to that point in time of the
                              tournament day. Any contestant returning to
                              the check-in point will be eligible to restart
                              and resume competition under the supervision
                              of the tournament director or his designated
                              tournament official. It is the sole responsibility
                              of contestants to locate the tournament
                              director to request a restart. If a contestant
                              violates any part of this rule due to an
                              emergency or for any other reason, they will
                              forfeit that day's catch. 

                         12. Official checkpoints 

                              There will be only one official checkpoint for
                              boat check-in the morning and one official
                              checkpoint for check-in in the afternoon.
                              Failure to go through boat check and
                              check-out in the morning or failure to
                              check-in at the check-in point will result in
                              disqualification. All fishing must cease upon
                              check-in. 

                         13. Scoring 

                              The combined pounds and ounces of both
                              contestants' catch will determine scoring
                              during the tournament. Only walleye, sauger
                              or saugeye are accepted species. Pros and
                              Co-Anglers will fish together for the combined
                              daily boat weight. Each partner will carry the
                              combined daily boat weight into the second
                              competition day. First round weights (Day 1
                              and 2) will not carry over to Day 3. Day 3
                              weights will not carry over to Day 4. The limit
                              will be a maximum of six (6) fish per boat per
                              day unless the state or lake limit is less than
                              six (6), in which case the state or lake limit
                              will prevail. Contestants who possess more
                              than the allowed limit will have their catch for
                              that day disqualified. The official minimum
                              length limit will be fourteen (14) inches unless
                              the state or lake limit is over fourteen (14)
                              inches, in which case, the state or lake limit
                              will prevail. Fish presented for weigh-in, which
                              fail to measure the prescribed length limit, will
                              be penalized at the rate of one (1) pound for
                              each non-legal fish presented. Contestants'
                              catches must be presented in an official
                              weigh-in bag. 

                         14. Live fish 

                              Every effort must be made to keep fish alive
                              through the use of a properly aerated livewell.
                              FLW Outdoors recommends the use of
                              chemical additives that promote the healthy
                              return of fish to their natural habitat where
                              permissible. Eight (8) ounces will be deducted
                              from the total weight for each non-releasable
                              fish presented for weigh-in (a releasable fish
                              must be able to swim upright in the official
                              bump-tank). 

                         15. Late penalty 

                              Contestants who are not at the official
                              check-in area at the appointed time will be
                              penalized at one 1 pound per minute deducted
                              from the total weight. Contestants more than
                              fifteen 15 minutes late will lose credit for that
                              day's weight. 

                         16. Day three and four 

                              Qualifying Events - After Day 2, the field will
                              be cut to the top 20 pros and co-anglers.
                              Starting positions for pros and co-anglers will
                              be determined by order of finish after Day 2.
                              After Day 3, the top 10 pros and co-anglers
                              will advance to Day 4, Pros starting by place
                              of finish on Day 3, Co-anglers will be paired by
                              random draw. 
                              Wal-Mart RCL Championship - On Day 3, the
                              top 12 pros and co-anglers in the
                              championship will be furnished boats by
                              Ranger, Crestliner and Lund. On Day 4,
                              Ranger, Crestliner and Lund will furnish boats
                              for the top 6 pros. Starting position and
                              pairings will be determined by order of finish
                              after Day 2 for Day 3 and by order of finish on
                              Day 3 for Day 4. On Days 3 and 4 of the
                              championship, Pro anglers will compete out of
                              the same brand of boat (Ranger, Crestliner or
                              Lund) that they used to qualify in on Days 1
                              and 2. 

                         17. Ties 

                              The largest one-day stringer will determine
                              ties after Day 2; if a tie for the cut position
                              remains, it will be broken by a one hour
                              fish-off. Ties on Day 3 and 4 will be resolved
                              by Day 2 standings. (This does not apply to
                              sponsor bonus cash in the Wal-Mart RCL
                              Walleye Championship.) 

                         18. Television coverage 

                              On Days 3 and 4 of the Wal-Mart RCL Walleye
                              Championship, anglers who make the cut will
                              be using products supplied by sponsors of the
                              Wal-Mart RCL Walleye Tour. On Days 3 and 4
                              of televised events, no logos, patches, or
                              decals, other than the RCL Walleye Tour logo,
                              or logos of the Wal-Mart RCL Walleye Tour
                              sponsors may be worn or displayed during the
                              tournament hours extending through the
                              weigh-in. On Days 3 and 4 of the RCL Walleye
                              Championship, competitors may not fish while
                              using tobacco products. 

                         19. Insurance 

                              Liability insurance is required of all
                              contestants in FLW Outdoors Inc.
                              tournaments. 

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