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* Swede ahead by one stroke

* Early struggles costly to Knost

* Donald set to lose top ranking

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April 14 (Reuters) – Sweden’s Carl Pettersson fired five

consecutive birdies in a sparkling five-under 66 that elevated

him one stroke ahead Colt Knost after the third round of the

Heritage Classic on Saturday.

With one round to play, Pettersson leads on 12-under-par 201

after overturning an overnight two-stroke deficit on Knost, who

slipped back with a 69.

The fast-starting Pettersson started his birdie streak on

the second hole under sunny skies at Hilton Head Island, South

Carolina.

â??”I didn’t know how many I had made in a row,” the four-time

PGA Tour winner told reporters. â??”I was in my own little world

for a while.”

Bogeys on the 11th and 15th holes halted his charge but the

Swede concluded his round with a birdie on 18, his seventh of

the day.

He and Knost will be paired together again on Sunday.

“It is always tough playing with the lead,” Pettersson said,

â??but I look forward to the challenge.”

Knost started the third round badly, knocking his opening

tee shot into the trees and wound up with a bogey on two of his

first three holes.

The American sandwiched an eagle between the misfires,

rolling in a 48-footer from just off the green of the par five

second hole.

Knost also bogeyed the third and 10th holes and ended the

round with three bogeys, three birdies and his eagle.

Former Masters champion Zach Johnson equaled Pettersson’s

low round of 66 to move within four strokes of the lead heading

into Sunday’s final round, one ahead of two-time Heritage winner

Boo Weekley.

Briton Luke Donald’s grip on the number one ranking loosened

further after an even par 72 left him 14 shots off the lead and

seven away from a top eight finish that would ensure he remained

ahead of Northern Irishman Rory McIlroy in the rankings.

(Reporting by Gene Cherry in Salvo, North Carolina; Editing

by John O’Brien)