Amer Sports Corporation's acquisition of the Salomon business and its brands has been seen to completion. The transaction value for the Salomon business segment is expected to be approximately 485 million euros based on year-end 2004 figures. According to the agreement, the final price will be set in accordance with net assets as at September 30, 2005.

“The work to integrate the business functions of Amer Sports and Salomon can now
begin. Our aim is to increase Salomon's profitability to meet our group's
financial targets. The estimate of synergies made when the transaction was
announced is realistic. These synergies are primarily generated by industrial
operations in the winter sports business,” says Roger Talermo, President and CEO
of Amer Sports.

The consolidation of Salomon's financial figures into Amer Sports Corporation
began on October 1, 2005. The transaction will have a significant effect on Amer
Sports' net sales in the final quarter of the present year. The acquisition is
estimated to have no significant impact on Amer Sports' earnings per share in the
current fiscal year.

The combined business will create a leading global sports equipment company with
annual sales of about EUR 1.7 billion and 7,500 employees. Salomon will comprise
its own business area, the Salomon Group. Amer Sports and Salomon will continue
to serve their customers around the world as before with their own separate sales
organizations. Amer Sports and adidas-Salomon will cooperate for a maximum period
of three years to ensure support for the transferred business.