Amer Sports acquisition of Salomon to be completed mid-October

Amer Sports Corporation's acquisition of the Salomon business segment from adidas-Salomon AG is now anticipated to be completed in mid-October, instead of at the end of September as expected earlier. The change is due to the EU competition authorities' revised processing schedule and will not impact the financial terms of the transaction. Salomon consolidation within Amer Sports Corporation is still expected to commence on October 1, 2005.

Amer Sports announced the acquisition on May 2, 2005. More information regarding Salomon's business operations and their integration into the Amer Sports Corporation is provided in that stock exchange release.