Amer Sports - Company Announcement

Notification of change in shareholding under the Finnish Securities Market Act

Amer Sports Corporation
STOCK EXCHANGE ANNOUNCEMENT
November 3, 2010 at 3:30 pm

Amer Sports Corporation has received information to the effect that on November
1, 2010, Silchester International Investors Limited ("Silchester Limited")
transferred its regulated business to Silchester International Investors LLP
("Silchester LLP"). This notification was therefore triggered by the change in
the legal structure of the investment management firm on November 1, 2010 rather
than trading activity in the underlying shares.

Owners of institutional investors and funds, who have given full discretion over
their investments to Silchester LLP, owned 19,307,292 shares, which represented
15.89% of Amer Sports Corporation's share capital and voting rights on November
1, 2010.

Amer Sports capital consists of 121,517,285 issued shares.

For further information, please contact:
Päivi Antola, Director, IR and Financial Communications, tel. +358 9 7257 8233

DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com

AMER SPORTS
Amer Sports (www.amersports.com) is one of the world's leading sports equipment
companies 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. Amer Sports' shares are
quoted on the NASDAQ OMX Helsinki.



[HUG#1458557]

Attachments:

Notification of change in shareholding under the Finnish Securities Market Act.pdf