RNS Number:2918R
Amer Group PLC
24 October 2003


Amer Group Plc STOCK EXCHANGE ANNOUNCEMENT 1(1)
October 24, 2003 at 12.45 pm

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 1,212,340 Amer Group Plc's shares, representing
4.97% of the Company's share capital and voting rights.

Fidelity's holding in Amer fell below 5% on 21 October 2003.

Amer Group's capital consists of 24,394,570 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

DISTRIBUTION:

Hex Helsinki Exchanges
Major media

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.




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