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
Danske Bank A/S Helsinki Branch's (1078693-2) ownership of Amer
Sports Corporation share capital and voting rights has fallen below
one-twentieth (1/20) on May 23, 2008, following a share loan
agreement.

In addition, Danske Bank A/S's Helsinki Branch has informed that
according to the existing loan agreement, the shares will return to
its possession on May 27, 2008, which will return its ownership
rights to one-twentieth (1/20) of the company's share capital and
voting rights. The Danske Bank A/S Helsinki Branch owns 7,000,000
shares, which represent 9.58% of the company's share capital and
voting rights.

Amer Sports capital consists of 73,045,551 issued shares.

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


AMER SPORTS CORPORATION
Communications


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
Wilson, Atomic, Suunto, Precor and Salomon. 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