RNS Number:5133U
Amer Group PLC
22 January 2004


Amer Group Plc

                                                                January 22, 2004

Amer Group: Exercise of 1998 warrants

A total of 38,450 Amer Group Plc shares have been subscribed for as a result of
an exercise of its 1998 A/B/C warrants. The corresponding increase in the
Company's share capital amounting to EUR 153,800 was registered on 22 January
2004. As a result of this increase, Amer Group Plc's share capital now totals
EUR 97,967,880 and the total number of shares in issue is 24,491,970.

As these shares were subscribed for and paid up in 2003, they are consequently
entitled to dividends for the 2003 financial year. Other shareholder rights
commence from the registration date. The new shares will be listed on the
Helsinki Exchanges on 23 January 2004 and will also be listed on the London
Stock Exchange.

                                    - ENDS -

For further information, please contact:

Paivi Antola
Communications Manager
Tel. +358 9 7257 8306, e-mail: paivi.antola@amersports.com
www.amersports.com

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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