Amer Sports Oyj (HEL:AMEAS) Amer Sports Corporation STOCK EXCHANGE ANNOUNCEMENT December 22, 2008 at 11:55 am

NOTIFICATION OF CHANGE IN SHAREHOLDING UNDER THE FINNISH SECURITIES MARKET ACT

Amer Sports Corporation has received information to the effect that the Danske Bank A/S Helsinki Branch's (1078693-2) share capital and voting rights of Amer Sports are still over one-twentieth (1/20) due to derivative contract transaction agreements which were completed on December 18, 2008.

The Danske Bank A/S Helsinki Branch has completed derivative contract transaction agreements on December 18, 2008 that will, according to their current schemes, mature in February 2009. If materialized, the ownership of Danske Bank A/S's Helsinki Branch will fall under one-twentieth (1/20) no earlier than February 25, 2009.

The Danske Bank A/S Helsinki Branch owns still 7,000,000 shares, which represent 9.58% of the company's share capital and voting rights.

Amer Sports capital consists of 73,045,551 shares in issue.

AMER SPORTS CORPORATION Communications

Ms Maarit Mikkonen Communications Manager Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com www.amersports.com

DISTRIBUTION: NASDAQ OMX Major media www.amersports.com
AMER SPORTS CORPORATION Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/3020/R/1279198/285564.pdf

Amer Sports Oyj

http://www.amersports.com

ISIN: FI0009000285

Stock Identifier: XHEL.AME

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