ROYAL PRECISION INC
SC 13G/A, EX-1, 2001-01-04
SPORTING & ATHLETIC GOODS, NEC
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                     STATEMENT PURSUANT TO RULE 13d-1 (k)(1)


     The  undersigned  parties  hereto hereby  consent and agree to file a joint
statement on Schedule 13(G) (Amendment No. 2) under the Securities  Exchange Act
of 1934, as amended, on behalf of each of them, with respect to shares of common
stock of ROYAL PRECISION,  INC. beneficially owned by them, together with any or
all  amendments  thereto,  when and if  appropriate.  The parties hereto further
consent and agree to file this Statement  pursuant to Rule  13d-1(k)(iii)  as an
exhibit to such Schedule  13(G)(Amendment No. 2), thereby incorporating the same
into such Schedule 13(G)(Amendment No. 2).


                                /s/ Richard P. Johnston
                                ---------------------------------------------
                                (Signature)

                                Richard P. Johnston
                                ---------------------------------------------

                                January 3, 2001
                                ---------------------------------------------
                                (Date)


                                /s/ Jayne Johnston
                                ---------------------------------------------
                                (Signature)

                                Jayne Johnston
                                ---------------------------------------------

                                January 3, 2001
                                ---------------------------------------------
                                (Date)


                                Johnston Family Living Trust

                                By: /s/ Richard P. Johnston
                                    -----------------------------------------
                                    (Signature)

                                Richard P. Johnston
                                ---------------------------------------------

                                January 3, 2001
                                ---------------------------------------------
                                (Date)


                                Johnston Family Charitable Remainder Unitrust #3

                                By: /s/ Richard P. Johnston
                                    -----------------------------------------
                                    (Signature)

                                Richard P. Johnston
                                ---------------------------------------------

                                January 3, 2001
                                ---------------------------------------------
                                (Date)


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