Amer Sports Corporation STOCK EXCHANGE ANNOUNCEMENT 1(1) January 30, 2007 at 3:30 pm AMER SPORTS CORPORATION: FRANKLIN'S HOLDING IN COMPANY EXCEEDS 5% Pursuant the Finnish Securities Market Act (Section 2:9), Amer Sports Corporation has been notified that the total number of shares held by the mutual funds and separate accounts managed by the affiliated investment adviser of Franklin Resources Inc. represents 5.09% the Company's share capital and voting rights. Amer Sports' capital consists of 72,056,004 shares in issue. 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.