Notification of Change In Shareholding under the Finnish Securities Market Act

Amer Sports Corporation has received information to the effect that
the Danske Bank A/S Helsinki Branch's (1078693-2) share capital and
voting rights of Amer Sports are still over one-twentieth (1/20) due
to derivative contract transaction agreements which were completed on
November 24, 2008.

The Danske Bank A/S Helsinki Branch has completed derivative contract
transaction agreements on November 24, 2008 that will, according to
their current schemes, mature in December 2008. If materialized, the
ownership of Danske Bank A/S's Helsinki Branch will fall under
one-twentieth (1/20) no earlier than December 29, 2008.

The Danske Bank A/S Helsinki Branch now 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 shares in issue.

AMER SPORTS CORPORATION
Communications


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


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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, 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.