<DOCUMENT>
<TYPE>EX-99.1
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<FILENAME>ex99_1.txt
<DESCRIPTION>EXHIBIT 99.1
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                                  EXHIBIT 99.1

PRESS RELEASE

                 ESCALADE ANNOUNCES DIVIDEND OF $0.22 PER SHARE

Evansville, IN (February 21, 2007) -- Escalade, Inc. (ESCA), announced that its
Board of Directors authorized the payment of a twenty-two cent ($0.22) per share
dividend payable March 16, 2007, to all shareholders of record on March 9, 2007.

Daniel Messmer, President and CEO, stated that "This represents a 10% increase
over the $0.20 per share dividend paid last year and reflects the continued
strong cash flow of the business. Management believes that 2007 profits will
generate sufficient cash flows to pay dividends and meet operating capital
requirements."

Escalade is a quality manufacturer and marketer of sporting goods and
office/graphic arts products sold worldwide. To obtain more information on the
Company and its products, visit our website at: www.EscaladeInc.com or contact
Terry Frandsen Vice President and CFO at 812/467-1334 or Daniel Messmer,
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 the securities markets
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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