RNS Number:2584M
Amer Group PLC
12 June 2003


12 June 2003


                                 AMER GROUP PLC

                        FIDELITY'S HOLDING IN COMPANY


Pursuant the Finnish Securities Market Act (Section 2:9), Amer Group Plc has
been notified that Fidelity International Limited and its direct and indirect
subsidiaries together now own 2,397,950 Amer Group Plc's shares, representing
9.90% of the Company's share capital and voting rights.

Fidelity's holding in Amer fell below 10% on 11 June 2003.

Amer Group's capital consists of 24,226,520 shares in issue.

AMER GROUP PLC
Communications

Paivi Antola
Communications Manager

For further information, please contact:
Mr Jari Melgin, Corporate Treasurer, Tel. +358 9 7257 8233

AMER GROUP PLC
Amer Group is one of the world's leading sports equipment companies with its
internationally recognised brands Wilson, Atomic, Suunto and Precor. All Amer
Sports companies develop and manufacture technically advanced products that
improve the performance of active sports participants. The Group's business is
balanced by its broad portfolio of sports and presence in all major markets. In
2002 Amer Group made an operating profit of EUR 103.0 million on net sales of
EUR 1,101.9 million. Earnings per share were EUR 2.95. At the end of 2002 the
Company had 3,939 employees.

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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