Amer Sports - Company Announcement

Amer Sports issues EUR 60 million Hybrid Bond

STOCK EXCHANGE RELEASE
February 26, 2009 at 9:10 am

Amer Sports Corporation has resolved to issue a EUR 60 million hybrid
bond in order to strengthen the Group's capital structure and to
repay existing debt. Following the hybrid bond issue, Amer Sports net
gearing strengthens to slightly below 100% from year-end 2008 of
121%. The coupon rate of the bond is 12.0% per annum. The bond has no
maturity but the company may call the bond after three years.

Hybrid bond is a bond that is subordinated to the company's other
debt obligations and will be treated as equity in the IFRS financial
statements. Hybrid bond holding does not confer the right to vote at
shareholder meetings and will not dilute the holdings of the current
shareholders.

For further information, please contact:
Pekka Paalanne, Executive Vice President and CFO, tel. +358 9 7257
8212
Tommy Ilmoni, Vice President, IR and Corporate Communications, tel.
+358 9 7257 8233


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 Helsinki
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.

Attachments:

Amer Sports issues EUR 60 million Hybrid Bond.pdf