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Increased purse for British Masters

The 2003 British Masters will be played at the Forest of Arden Golf Club in Warwickshire, England and offer increased prize money, the European Tour announced on Wednesday.

The tournament, from June 5-8 next year, will have a fund of 2,352,525 euros ($2.34 million) and a first prize of 392,000 euros ($390,400).

Changes to the event came about after the European Tour signed a three-year deal with the event's promoters International Sports Management (ISM), who have increased the prize money by 350,000 euros ($348,600).

The British Masters, first played in 1946, was staged at the Forest of Arden in 1997 and 1998, after which it returned to Woburn Golf Club near London, hosts for the event 13 times since 1985.

England's Justin Rose won this year's title -- his first on British soil.

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