Amer Sports - Company Announcement

Ajanta Oy raises its holding in Amer Sports over 20% via forward market transactions

Amer Sports Corporation has received information to the effect that
Ajanta Oy (business ID 0781692-6) holdings of the company exceed one
fifth (1/5) of its share capital and voting rights via forward market
transactions concluded on November 7, 2007, maturing on February 15,
2007. Pursuant to Securities Act, Chapter 2, Section 9, Amer Sports
informs the following:

Upon the maturation of the forward market transactions, Ajanta Oy
will hold Amer Sports shares as follows:

Forward market transactions on November 7, 2007
OMX forwards 87,688 contracts (8,768,800 shares)

Forward market transactions before November 7, 2007
OMX forwards 44,576 contracts (4,457,600 shares) and OTC forwards
2,835,726 contracts (2,835,726 shares)

Total holdings, after forward market transactions have matured on
December 21, 2007 and February 15, will be 16,062,126 shares, 22.21%
of the company's share capital and voting rights.

Amer Sports capital consists of 72,318,750 issued shares.

AMER SPORTS CORPORATION
Communications


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

DISTRIBUTION
Helsinki Stock Exchange
Principal 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 and Suunto. 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.

Priedai:

Ajanta Oy raises its holding in Amer Sports over 20% via forward market transactions