Amer Sports - Company Announcement

Notification of change in shareholding under the Finnish Securities Market Act

Amer Sports Corporation has received information to the effect that
Ajanta Oy (business ID 0781692-6) has on December 21, 2007, extended
its maturing OMX forward market transactions and OTC forward market
transactions of December 21, 2007, and its OMX forward market
transactions maturing on February 15, 2008.

As a result of these changes, Ajanta Oy's holdings of Amer Sports
Corporation voting rights and share capital are below one twentieth
(1/20). In conjunction, Ajanta Oy subsidiary Ajanta NV's holdings of
Amer Sports Corporation voting rights and share capital have exceeded
one fifth (1/5) via forward market transactions which were completed
on December 21, 2007. Ajanta Oy's combined direct and indirect
holdings of Amer Sports Corporation voting rights and share capital
has remained the same as earlier.

According to Finnish securities market law chapter 2 article 9, Amer
Sports is announcing the following information:

Date of change in holdings:
The OMX forward market transactions of December 21, 2007, will mature
on June 19, 2008. The OTC forward market transactions are effective
until further notice.

Following the December 21, 2007, forward market transactions, Ajanta
Oy owns Amer Sports Corporation shares as follows:
0 shares, 0% share capital and voting rights

Following the December 21, 2007, forward market transactions, Ajanta
Oy owns Amer Sports Corporation shares indirectly via Ajanta  NV as
follows:

Forward market transactions of December 21, 2007
OMX forwards 132,264 contracts (13,226,400 shares), maturation date
June 19, 2008. OTC forwards 2,835,726 contracts (2,835,726 shares),
maturation date: until further notice.

Holdings following the maturation of OMX forwards of June 19, 2008,
at least
13,226,400 shares, 18.89% of share capital and voting rights, and if
OTC forwards are matured at the same time, at most 16,062,126 shares,
equaling 22.21% of share capital and voting rights.

Amer Sports capital consists of 72,325,545 issued shares.

For further information, please contact:
Mr Tommy Ilmoni, Vice President, Investor Relations, tel.
+358 9 7257 8233


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.

Attachments:

Notification of change in shareholding under the Finnish Securities Market Act