euro adhoc: adidas-Salomon AG / Mergers - Acquisitions - Takeovers / adidas-Salomon to sell Salomon to Amer Sports Corporation (E)

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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02.05.2005

For immediate release May 2, 2005

Herzogenaurach / Helsinki - adidas-Salomon AG announced today that it
has entered into a sale and purchase agreement to sell its Salomon
business segment, including the related subsidiaries and brands
Salomon, Mavic, Bonfire, Arc’Teryx and Cliché, to the Amer Sports
Corporation. This agreement has been approved by the adidas-Salomon
Supervisory Board. The transaction values the segment at
approximately EUR 485 million based on year-end 2004 figures. The
final cash purchase price will be adjusted to reflect changes in
capital employed. In addition, adidas-Salomon and Amer will enter
into collaboration agreements in order to ensure a smooth transition.
The sale is subject to antitrust authorities’ approval in the EU, the
US and other relevant jurisdictions. The transaction is expected to
complete by the end of September 2005.

(End of ad hoc release)

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Media/IR Contacts:

adidas-Salomon AG
Adi-Dassler-Str. 1-2
91074 Herzogenaurach
[email protected]
[email protected]

Media Relations Investor Relations
Jan Runau Natalie M. Knight
Head of Corporate PR Head of Investor Relations
Tel.: +49 (0) 9132 84-3830 Tel.: +49 (0) 9132 84-3584
Mobile: +49 (0) 160 884-3830

Anne Putz Hendric Junker
Corporate PR Manager Investor Relations Manage
Tel.: +49 (0) 9132 84-2964 Tel.: +49 (0) 9132 84-4989
Mobile: +49 (0 )160 884-2964
Sebastian Steffen
Investor Relations Manager
Tel.: +49 (0) 9132 84-3824

Please visit our corporate website: www.adidas-Salomon.com

Further inquiry note:
Henrik Orth
Junior Investor Relations Officer
Telefon: +49(0)9132 84 29 20
E-Mail: [email protected]

end of announcement euro adhoc 02.05.2005 13:55:19
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emitter: adidas-Salomon AG
Adi-Dassler-Str. 1-2
D-91074 Herzogenaurach
phone: +49 (0)9132 84-0
FAX: +49 (0)9132 84 2241
mail: [email protected]
WWW: http://www.adidas-salomon.de
ISIN: DE0005003404
indexes:
stockmarkets:
sector: Recreational & Sports goods
language: English

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