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Ladies European Tour raises stakes for 2001

The Evian European Tour announced a substantial increase in prize money to go along with its 2001 schedule. The total purses will increase by over 2 million to a record 5.5 million.
'We are delighted with the progress that we have made with next season's Evian Tour, and feel that the 2001 schedule offers tangible proof that the LET is moving in the right direction,' said Tim Howland, chief executive of the Tour.
Also announced was an expansion to the tour's boundries. The 20-event season will begin in New Zealand in February and make stops in Australia, South Africa, Taiwan and, of course, Europe.
The 2001 Evian Tour will also include two new events to be held in Scotland - an International match-play and the Ladies Scottish Open. Also, Royal Porthcawl GC in South Wales will be the venue for the re-launched WPGA Championship of Europe.
'When we took over management of the Tour at the tail end of 1998, our two-year plan was to build a schedule consisting of at least 20 events with a minimum 4.5 million in prize money. We have exceeded those targets and our goal now is to help develop these tournaments and continue to build the prize money.'
Other news included the Evian Masters raising its prize money to a record 1.4 million, while the Weetabix Women's British Open increased its purse to 1 million for its first year as a major championship.